1. Economics of Money, Banking and Financial Markets
Financial crises tend to lead to an imbalance, recession, default, collapse of stock markets and the political tensions in the financial and economic life, causing panic among banking depositors, rising interest rates, and thus the risk to investors. ... Given the "sizzling" and devastating character of the financial crisis, many call the one from 2007-2009 a crisis of confidence because it aggravated the problem of creating a new reliable low-risk financial investment instruments, the occurrence of which is still considered impossible. In our opinion, it would be appropriate to define the cri...
- Word Count: 1288
- Approx Pages: 5
- Grade Level: Undergraduate