The objective of this task is to research the financial crisis of 2008 and to examine the underlying causes and factors that contributed to its occurrence.

Using documentary: financial crisis – overdose – the next financial crisis found at

www.financedocumentaries.com/2011/05/overdose-next-financial-crisis.html

Address the following:

1. The financial conditions leading up to the crisis including but not limited to interest rates, employment data and housing issues and policies.

2. The role of banks, home buyers, ratings agencies, and the government.

3. U.S. government’s actions to solve the crisis.

4. Your analysis and opinion regarding the likelihood of another financial crisis occurring.

Answer rating: 100% (QA)

Introduction The current financial crisis started in the US housing market in 2007 The crisis spread across the whole world and brutally hurt the economies of numerous countries including the US and r... View the full answer