Category: Financial Crisis

The issue of liquidity is going to be my main focus point when looking at the 2008 financial crisis and it will constantly crop up. Liquidity refers to the ease with which an asset, or security can be turned into cash without affecting its market price. In the period leading up to the Great Recession…

Everyone knows that Greece is famous for its rich history, mythology, and architecture. But they cannot rely solely on tourism to keep their economy afloat. There were some key mistakes and mismanagements from their government threw them into a deep, deep hole. When Greece joined into Europe, they were doing well financially. In 1981, the…

A financial crisis is a situation when businesses and consumers are unable to pay their debts, asset prices depreciate, and financial institutions go through a shortage of liquidity. There are several types of crises, including stock market crash, financial bubble or a currency crisis (Dabla-Norris et al., 2015). All these crises have similar causes, and…

The global economic crisis affects many countries worldwide. It’s a period of severe difficulties which financial institutions, markets and consumers experience simultaneously. It started in 2007, the full impact of the crisis wasnt felt until the bankruptcy of the Lehman Brothers an investment bank in September 2008. Juneja mentioned that in the years to come…

Italys presidents have been in conflict with Europe because of their problems ever since they achieved power in the year 2018. They say that various European countries technocratic rules have caused economic trouble and they blame Europes rigidness for the countrys downturn after the 2008 financial crisis. Since then, Italys growth has slowly moved along…

Greece is a country in South Eastern Europe consisting of 2 mainland peninsulas and thousands of islands throughout the Aegean and Ionian Seas. It is 15th largest economy among the 27 Europe Union. Greece is a developed country with high standards of living and high human development index. Participation in the European Monetary Union was…

In 2008 the worlds economy had its biggest crisis since the Great Depression in 1930. According to Britannica, this epidemic began in 2007 when sky-high home prices in the United States finally turned decisively downward, spread quickly, first to the entire U.S. financial sector and then to financial markets overseas (para. 1). The individuals and…

The Italian economy has been hit by a deep-seated political and economic stir which has led to an unprecedented financial crisis. Italy is the only eurozone country to enter recession in 2018 after two consecutive quarters of contraction in the business cycle. Alongside the 2010 debt crisis of Greece and 2018 currency crisis of Turkey,…

Introduction: The Big Short was a comedy-drama film that was conducted by Adam McKay and written by Charles Randolph and Adam McKay. The Big Short movie is based on a book from 2010 written by Michael Lewis. This film had a limited release starting December 11, 2015, and then fully released on December 23, 2015.…

Table of Contents Leadership and Decision-Making Issues Ethical Dilemmas Faced by Decision Makers Pre-Existing Issues that Exacerbated the Crisis Lessons Learned References Leadership and Decision-Making Issues The major problem in leadership and effective decision-making revealed by the financial crisis of 2008 was the lack of system in the short-term reactions of the government. The crisis…