Comments on: The 2008-2009 Financial Crisis – Causes and Effects

By: Bala Krishnamurthy

Bala Krishnamurthy — Sun, 28 Feb 2010 10:09:05 +0000

Wow. the video is amazing!! – makes the financial crisis so much easier to understand.

By: destini

destini — Mon, 11 Jan 2010 16:26:30 +0000

all is very true and very sad.

By: pat B

pat B — Sun, 13 Dec 2009 03:25:43 +0000

I think am very happy that ur points are helping me now to solve my preps for school assignment.

By: M.D

M.D — Wed, 14 Oct 2009 22:33:19 +0000

do you think that the world needs a more functioning economic system to cover the failure of the capitalism?

By: p.satheeshkumar

p.satheeshkumar — Sat, 22 Aug 2009 05:20:40 +0000

what shall we do in this financial crisis to protect ourself?

By: p.satheeshkumar

p.satheeshkumar — Sat, 22 Aug 2009 05:10:56 +0000

The financial financial crisis, especially that began in the fiancial sector of U.S. The financial crisis, which a year ago, it seemed to be localized in one part of the financial sector in U.S, has exploded into systematic crisis, spreading through highly interconnected financial market of Industrial countries and has had its effects on other markets as well.
what happened in U.S. was that, fianancial institution or bank borrows money from investors,and agrees to pay them 5% interest rate. Bank uses that fund for expands its martgage backed securities (MBS) which is paying 8% interest rate. The 3% difference between amounts is called ’spread’, which provides an incentive to borrow and invest and it is know as ‘leaveraging’, with increasing delinquencies and forecloser during 2006-2007. The value of MBS was declined as the borrower failed to pay instalment. resulting many financial institutions and mortgage companies suffered huge losses or bankruptcy. That’s what happened in U.S.

By: khem Raj Gaire

khem Raj Gaire — Fri, 03 Jul 2009 08:44:30 +0000

I like to know that what are the main causes of this global finincial crisis and what are the main effects of crisis , point wise . I will be very happy if sombody give me solution.

By: nadine

nadine — Wed, 10 Jun 2009 02:43:23 +0000

good stuff made its real easy to understand a little bit more about this problem