Financial crisis

The art works displayed in Strange Currencies, in my opinion proposed a question to the audience not an answer. The artworks voiced strong messages about the catastrophic decade Mexico City endured during the 1990s. Poverty, economic crisis, social upheaval, political corruption, and a rise in violence threatened Mexico City’s culture during this time. In my opinion, the artworks were composed to make a statement about the economic and social issues toward people that did not live there. The…

2008 Economic Crisis, their perspectives, cinematographic techniques, and graphic designs result in a similarly critical yet different film. Hence, it is difficult to decide which one is more effective. Inasmuch as I read The Big Short: Inside the Doomsday Machine by Michael Lewis before I saw the movie, I have to say Inside Job was better at exploring the financial services industry and unfolding how the crisis became a global issue. If The Big Short has explained how this economic crisis can…

world’s largest investment banks, filed for bankruptcy. The main driver of which being deregulation. The ever-increasing returns obtainable from financial derivatives led executives, fueled by greed and a perverse incentive structure, to create an intricate securitization castle built on the sub-prime mortgage market. When the rate of return on financial investment is constantly higher than the rate of economic growth, then compound investments become more attractive than venture investments.…

synchronized downturn that continued until 2013. The recession began with the global credit crunch which led to a long period of low growth and increased unemployment. The main reason behind the recession was the reliance of these economies on the fragile financial system and unbridled banking system. The period of 2000-2007 was a time of strong economic growth, low inflation and low unemployment. The housing bubble caused a rapid growth in housing prices that increased faster than inflation…

qualify with mainstream lenders. This resulted in a wave of foreclosures, with banks repossessing and selling homes in which buyers could not meet their payment obligations. According to The Almost Second Great Repression: The Road to a Global Economic Crisis. (1) this later led to The Great Recession. The Great Recession was the decline in economic activity. The loss in wealth led to the cutbacks in consumer spending. This lack of consumption led to the collapse of business investments.…

level - hence, Hawaii. In a time of environmental crisis, how do we live right now? I do not have a concrete plan on how I will live within the time of environmental crisis, but I will explore my options and opinions on the matter. From acquired information, through media, articles, discussions, we are at a point in time where a crisis may happen more often than before, based on recordings of past disasters. As we are currently in an on-going crisis, climate change, there are not many things I…

Jim Scatterfield was quoted saying “misinformation in a crisis can be its own disaster and increase confusion” (“How” 3). Sometimes, information being reported can be misleading because it was posted too soon or it is just simply incorrect. Social media can also cause a harm to the country as a whole from terrorist…

With an emergency department averaging over 70,000 patients each year, YRMC is operating at or near capacity (YRMC Community Outreach Department, 2017). For the hospital, threats and CRISIS COMMUNICATION PLAN 4 hazards can come in the form of floods, windstorms, hurricanes, tropical storms, earthquakes, epidemics, extreme heat, bioterrorism and weapons of mass destruction, mass casualty, and other natural, technological…

risis is indeed a word used daily in my job setting. A crisis can be defined in many ways. According to Kanel (2014), a crisis is a state of disequilibrium that occurs after a stressor (precipitating event). The person is then unable to function in one or more areas of his or her life because customary coping mechanisms have failed. An example of a crisis that I recently dealt with was with one of the students I currently work with. He lost his mother on October 31st a few years ago. At the…

It could be argued that medical breakthroughs, technological advances, and various other advancements surpass politics in importance. I, on the other hand, argue that politics determines if such achievements benefit the people. Each country’s greatness is inherently dependent upon its politicians to make wise political decisions that will allow the entire nation to prosper. This is especially true in America, where democracy allows citizens to choose their leaders. In November of 2008 and 2012,…