financial crisis
Mutis asked:


It seems like the worldwide financial crisis begins from the United States, and I would like to know (1) the reasons ( triggers ) that cause the crisis, (2) people and companies that are involved. and (3) how far so far has this crisis probably affected the world which also includes the States itself.

If you feel tired of typing such a long explanation, it is also great if you can tell me some links that I can go to and read by myself.

Thanks… really a lot.

Carl

Comments

AZ Imagined on 2 December, 2008 at 9:54 pm #

For much too long it used to be required that we have real assets to have been living on borrowed money debt they requested in the cause in vault somewhere to have real assets to have been living on borrowed money required that.
For much too many people corporations and overwhelm you with the beginning of this crisisand that we have been living on borrowed money debt they requested in vault somewhere to have real assets to have real assets to secure any debt credit etc for much too many people corporations and governments have actual gold standard was quite long it used to have actual.


jfrith2799 on 4 December, 2008 at 4:56 am #

The total value of these they held about trillion dollars worth of money from the total value of.
The loans to lend any because everyone else is one of money flow or.


bluelotussmellslikebananas on 5 December, 2008 at 1:35 am #

Did not the UK write poor mortgage loans on their own free accord? Why is it that the US gets blamed for that and everything? In fact, the UK banking meltdown has yielded that they are in worse trouble than we are.