Essays on Financial Crisis

In 2008, when the banking systems collapsed throughout Ireland and Iceland governmental distress, unemployment, budget deficits, and bankruptcy were among some of the most damaging events that occurred in both countries for many years to follow. Eventually, being named the Global Financial Crisis (GFC). To…

The movie clarifies the economic catastrophe that happened in 2008 and what triggered it. In the U.S., the economy dove into the Great Recession marking it worse than the one in the 1930s. More than 8 million citizens were jobless with six million losing their…

Introduction The film “The Big Short” released in 2015 discusses how the mismanagement of government led to a global recession making thousands of people lose their jobs. It all started when financial institutions were a boring industry to work in. Until the arrival of Lewis…

Introduction The film, which is entitled ‘The Big Short’, consists of three different stories revolving on Dr. Michael Burry of Scion Capital, Jared Vennett of Deutsche Bank with Mark Baum and his team from FrontPoint, and Jamie Shipley and Charlie Geller of Brownfield Funds. These…

Introduction Venezuela served as a major economic power for many years. It was one of the largest producers of oil in the world and it was the country’s largest export. Under President Hugo Chávez, the country entered an economic crisis. Before President Chávez died in…

The Asian financial crisis that lasted from 1997 to 1998 is regarded as one of the most significant economic events in the modern history. The crisis began in July 1997, leading to a severe currency depreciations and economic recessions that almost erased decades of economics…

I’d like to recall again how the financial crisis started. The financial crisis that has been inflicting in several markets in the U. S. and across the world since 2007 had its origins in an asset that networked with new kinds of financial innovations that…

Background Many students deal with unnecessary stress during their post-secondary lives due to many factors. One of those factors is the student’s financial situation. Being a student is stressful, and having sufficient funds to deal with day to day life is difficult. Paying for gasoline,…

Financial Regulation The question of whether financial regulation can prevent financial crisis has been a concern of economists over the decades. This question focuses on the roles of financial regulations and the effects of the regulations that various governments have put in place over the…

The Global Financial Crisis and the Efficient Market Hypothesis The Global Financial Crisis of 2008 is considered the worst financial crisis since the Great Depression, a time of turmoil and sharp declines in the economies of the United States, Europe, and other parts of the…