Crisis

The financial crisis is an event in time that we will all remember. Professor Corcoran hosted an event that would focus of discussions to figure what happened and what we could do to fix the financial crisis. This allowed for opinions to flow and be made. There were many reasons that the financial crisis happened. If I could put the problems in a rating system based on Professor Corcoran’s thoughts I would say that banks becoming greedy was the main reason for the crisis. The banks rolled the…

Many people blame the 2008 financial crisis on the financial industry. Is that true? Does the financial industry really responsible for the 2008 financial crisis? I argue no. I believe that it was caused by something larger. I believe that it was by the system of capitalism that America so wholeheartedly embraces. Capitalism allows for people to strive to obtain as much profit as possible, and it also allows for a cycle of economic prosperity and downturn; both if which will be addressed in this…

The Cuban Missile Crisis of October 1962 was a dangerous confrontation between the US and the Soviet Union during the Cold War. This is when the US and Soviet Union came the closest to nuclear warfare. The situation was different in a number of ways, featuring confirmations and non supported directions as well as direct communications and miscommunications between both the US and Soviet Union (Office). The overwhelming conflict was also being judged by the fact that it was basically played out…

Thesis and reference assignment 1) The topic that I chose for my research essay is “How the deregulation of the major financial institutions within the U.S financial sector caused the 2008 financial collapse.” Throughout this essay I will be covering everything from: the major financial institutions that contributed to the crash, I E Goldman Sachs, JP Morgan and Chase, Wells Fargo, Bank of America, and some others. As well as the evil, and illegal tactics that ended up causing the United…

Nowadays Vancouver’s houses are most made by “gold” because of their shocking prices in all Canadians’ eyes. As a result, the housing affordability crisis has become one of the most serious issues which should be taken more controls by local government, instead of allowing such huge amount of foreign buyers purchase houses, because of the numbers of empty houses, the houses prices’ rising speed, and local people’s willingness of purchasing houses. The first reason that government should…

potable water. El Salvador is undergoing a water crisis, which is impacting the country’s life expectancy. Out of the countries located in Central America, El Salvador ranks to be one of the poorest countries, which could also be a contributing factor in the life expectancy. The most recent reported population of El Salvador is 6.34 million (2013) with the life expectancy at 72.1 years. In the past years, Salvadorians have been suffering from a water crisis because their water source has become…

Policy and Background The water crisis in Flint, Michigan has made national headlines throughout the country. Many citizens first heard of the ordeal in late 2015. However, the process began in March of 2013 when the Flint City Council voted to switch water service from the Detroit Water and Sewerage Department to the Karegnondi Water Authority (Ridley, 2016). The Karegnondi Water Authority was building a new pipe to Lake Huron slated to be completed in 2016 and the City of Flint was eager to…

million over eight years. After a couple weeks, residents started buying bottled water as many people complained of poor tasting and bad taste. Then after some time city council members called the city to stop using the Flint River water. Flint water crisis is an extreme case, the systems failed to ensure their city employees were testing and reporting correctly. Changing water supplies isn’t an easy business task, it can save money and can be done without…

The Flint Michigan Water Crisis The Flint Michigan Water Crisis is a major disaster. The lead in the water caused health issues among the people living there and prompted an investigation into what caused the lead levels to rise, and who or what was at fault. This is an example of Risks and Hazards, as the Risk was the changing of water and the Hazard was the contaminated drinking water. Key: Flint homes with more than 15 Parts per billion of lead (ppb) (2/1/16) This image shows how many…

Financial Crisis and its Impact Outline I. Introduction-Thesis Statement A. To better understand the financial crisis of 2007 and its impact on financial markets and financial institutions one must get to the core to see the causes and conditions that enabled us to happen. To do this an in-depth look must be taken on the following: 1. The cause of problems for financial institutions during the financial crisis itself. 2. The impact the financial crisis had on financial market liquidity. 3. Risk…