iswa 0 Report post Posted July 7, 2011 The financial crisis The signs The financial crisis occured because of a combination of elements. There is probably a widely shared opinion that there has been a financial crisis. Signs and elements of this financial crisis are banks that go bankrupt, companies that go bankrupt, governments that spend huge amounts of money to keep the banks and mortgage organisations working and houses that are sold by the banks because the owners don't manage to pay the mortgage terms. Share this post Link to post Share on other sites
iswa 0 Report post Posted July 7, 2011 Connection Several causes of the financial crisis can be determined. In the first part of this topic it is confirmed that a financial crisis has happened. Once it is established the financial crisis has occured the causes of this financial crisis can be researched. Some causes of the financial crisis might be: 1. The issue of mortgages to people who can't affort them. 2. The sell of packets of mortgages in order to make profits out of them. 3. The mutual debts and loans of banks with eachother. 4. The debts and loans of banks to companies. 5. The risks taken by giving out loans. 6. The risks faced when making debts. 7. The accepted way of doing international business. 8. The internet. Share this post Link to post Share on other sites
