Crisis

...................P.1 I°) Learning from past crisis: from failure to success..................................................P.2 A) Businesses......................................................................................................................P.2 B) Governments..................................................................................................................P.3 II°) The double edged sword of the crisis.................................................

SUB-PRIME CRISIS I want to tell you about the subprime crisis because it is a very important financial crisis in the United States since 2006, and it affects the world since 2007. We can wonder what is the subprime crisis. To answer the question, we will studdy, in the first part, the reasons of the sub-prime crisis, and, in the second part, we will see the effects of the sub-prime crisis. I)The reasons of sub-prime crisis The sub-prime mortgage meltdown is a financial crisis, who exists

current economic crisis on developing countries ? The financial and now economical crisis was born in developed countries, more precisely in United States of America where it was initially illustrated by a real estate crisis. Rapidly “doubtful assets” from securitization of insolvent US household credits (=sub-primes) spread on the financial market, thus spreading the crisis worldwide. Medias such as television, newspapers or radio often speak about the effects of the crisis on our economy

Se cumplen mas de 100 años de una de las mayores crisis financieras vividas por Estados-Unidos. Este panico financiero se llama también «El panico de los banqueros» que se inicio en el mes de Marzo de 1907 y que alcanzo su mayor virulencia en octubre. Fue una auténtica crisis de superproduccion, que afecto sobre todo a Estados-Unidos y Alemania; porque eran los mas avanzados en su expansion crediticia y en su desarrollo industrial. Esta crisis ocurrio durante un momento de recesion marcada por

culture? An economic crisis is mainly due to the slowdown of the economic activities of the different countries. Since 2007, a financial and economic crisis has affected the world. This crisis started in the United States to spread later to other world economies. We have to witness to a high indebtedness in United States (Financial Time, 21.10.09, p.13: a crisis in search of a narrative). At first we will see the historic context of the financial and economic crisis by reminding the causes

1. The causes of the Asian crisis of 1997 A. What Happened? The Asian countries have been the victims of their own success. Until the 90’s, their economic performances were so high that it was hard to believe that it could collapse in only few years. When the problems started, they refused to admit them. They thought that they were under cover of the same economic crisis than the Latin American one because they were not face to large budget deficits, or to the burden public debt or to the rapid

economic and financial crisis In the end of 2008, bad news concerning job losses, recession, insolvency… were every day broadcasted by the media. People had to think about changing their lifestyles, because it was one of the biggest economic crises of the last 100 years. The economic crisis has its origins in the United States of America banking institutions. As it happened in 1929, a monumental Stock Exchange crash had been caused. In fact, during the years preceding the crisis, American and world

j'ai choisi de présenter un sujet d'actualité vu des Etats Unis c'est à dire la crise de que traverse l'Europe. L'article est issu du Times et le titre est « Is Europe’s Crisis a Glimpse of America’s Future? » Des partis riches du monde tel que l'Europe sont actuellement en crise économique à cause de l'augmentation de la dette et du vieillissement démographique. les américains se demandent donc si ce qui se passe en Europe n'est pas l'avenir pour  eux.  Leur première réponse est de dire que

writer and French civil servant. In his book along anlysing series of crisis that might happen to humankind in the close future, he gives some recommendations concerning the behaviour and the views that we should acquire or develop in order to better adapt to the situation we find ourselves in times of crisis, either prosperous or difficult. In his first 2 chapters he gives the analysis of the current situation of crisis, its reasons and its conséquences, he gives an overview of the situation

period of crisis which shakes whole Europe and a good part of the world. Today, we will see what are the origins of this crisis and its consequences. Plan : Firstly, I will make an introduction of my subject. Then, I will show how the crisis start. Third, I am going to speak about the propagation of the crisis in Europe. And I will finish with a conclusion Introduction : The crisis began in the USA in 2008 and propagate in the world. What we will see is how the crisis started