What are the causes consequences and solutions for the financial crisis?
The interconnectivity of the world has led to stronger international relations that act as the foundation of financial support, economic prosperity, and cultured economies. The United States particularly plays a leading role in world economics through funding, trade, and exceeding levels of development. The dependency between international economies can however be detrimental at the same time. The integration of world economics presented its vicious effects in the 2008 Global Financial Crisis. What began as a decline in the housing market quickly slid into a global financial crisis to affect countries for years. Investors lost money, economies went into recession,
The interconnectivity of the world has led to stronger international relations that act as the foundation of financial support, economic prosperity, and cultured economies. The United States particularly plays a leading role in world economics through funding, trade, and exceeding levels of development. The dependency between international economies can however be detrimental at the same time. The integration of world economics presented its vicious effects in the 2008 Global Financial Crisis. What began as a decline in the housing market quickly slid into a global financial crisis to affect countries for years. Investors lost money, economies went into recession,