A 2,500-word research analysis paper.
Summarize the main issues found within the international financial marketplace credit crisis of 2008. Identify the cause of the domino effect and how it rippled through the different international financial markets ultimately causing a decline in investor and consumer confidence, a reduction in available credit and industrial production and a concomitant increased in unemployment, and also the impact on international financial decisions from both the supply and the demand side.
Start with the housing market and CDOs, collateralized debt obligations, and trace the developments through the system to today. What is being done to reverse the negative effects of these shocks? What lessons have we learnt? How did this financial crisis became an economic crisis.
