2008

In 2008 the housing bubble in the united states crashed, it created the biggest decline in the housing market since The Great Depression. To this day, people can still feel the effects from the crash. The crash can be attributed to the greed and stupidity of bankers, and some of the highest levels of leadership in this country. Negative impacts were seen around the world, but the biggest ones felt in the US were: Massive spikes in unemployment, increases in foreclosures and Unemployment The…

External Factors and Internal Factors The 2008 great recession had caused several economic downturns to many financial institutions, which forced to go out of business or filed a bankruptcy protection. This financial crisis had caught many economists off-guarded the severity of financial damages that the crisis created. There were numerous factors that caused the financial collapse included the over-heat real estate market, the mortgage-back security products, the loose monetary policy, the…

generally the youth will be expose to things like politics at a much younger age compared to the last generation. As I recall the first major political impression I had was around eight years ago, when Senator Barrack Obama won the Presidential election of 2008. I was currently in eighth grade and like most eight graders, I was developing a self-identity and an opinion that this time. Senator Obama’s election was very historical, due to the nature of prior presidents being…

First Lady of the United States, United States Senator, and Secretary of State are some of the titles that have been attached to Mrs. Clinton over the years. However, after her defeat in the 2008 Democratic Party primary to political neophyte and eventual President, Barack Obama many believed that the curtain had come down on her political career. Nevertheless, Hillary Clinton with such tenacity told us to never count her out. Before the election…

The 2008 financial crisis has been described as the worst financial crisis since the Great Depression. Most economists agree that the crisis began in 2006, when housing prices began to decline, leading to the collapse of the subprime mortgage market in 2008. The subprime mortgage market had been in place since the 1990s, and lacked regulation. The lack of regulation due to corruption among mortgage securitization companies in the 1990s ultimately led the collapse of the economy 2 decades later.…

In the United States of America when people talk about politics only two major parties come to mind, the republicans or the democrats. People usually think that if one does not like taxes, then they tend to associate with the Republicans, if they want more social programs they associate themselves with the Democrats. One fact that people always seem to forget is that the United States of America is not a two party state and that there are several other parties out there with which the people can…

The 2008 financial collapse, also known as a “Business Recession,” “ Financial Crisis,” or “ Global Financial Crisis,” began with the United State and brought many countries to the edge of insolvency. In another word, the crash of September 2008 through the largest bankruptcies. The contagion, which began with low-interest rates drove housing prices higher and that made the mortgages backed securities and collateralized debt obligations (CDO). At that time, the investors were sitting on their…

cnn.com/2015/06/22/world/kim-phuc-where-is-she-now/ • Krieg, G. (2016) Anthony Bourdain, Obama dine in Vietnam. Available at: http://edition.cnn.com/2016/05/23/politics/barack-obama-anthony-bourdain-vietnam/ • vccinews (2008) Sports. Available at: https://www.talkvietnam.org/2008/11/vietnam-tourism-potentials-to-be-promoted-on-bbc/ • BBC (2012) Full text: Obama’s re-election speech. Available at:…

People are very dynamic. From a surface level, the privilege of some is very obvious. But every person is privileged, as well as disadvantaged to some extent. I am an eighteen-year-old Black, heterosexual, female. I am a Christian and a citizen of the United States of America who grew up in the middle class. I possess qualities that show both privilege and disadvantages in American society. During the third week of class, a comprehensive list was made of what it means to be privileged in the…

In fighting for a seat in the US senate in the election simulation game On the Campaign Trail, there are many similarities to a real election campaign which is to be expected. However, the more interesting issues are the dissimilarities the simulation shares with real world campaigns. The issues of polling, campaign advertisements, opponent strategy, and various campaigning techniques to name a few are some of the aspects the simulation goes into. When looking at the similarities of the…