US Financial Crisis 2008

The global fin" rel="nofollow">inancial crisis of 2007-2009 was the most severe sin" rel="nofollow">ince the Great Depression. For extra credit, you will discuss/describe the Fin" rel="nofollow">inancial Crisis of 2008 here in" rel="nofollow">in the United States. The paper should emphasize its causes, the participants, the affects, the aftermath and the resolution. Poin" rel="nofollow">ints/items to consider and in" rel="nofollow">include: • Elements of busin" rel="nofollow">iness cycle analysis. • Trends in" rel="nofollow">in the U.S. housin" rel="nofollow">ing markets, before the crisis and to date. • The U.S. bankin" rel="nofollow">ing system: in" rel="nofollow">institutional details and recent developments. • The Central Bank as a lender of last resort and other bankin" rel="nofollow">ing/government policies • Outcome/aftermath How the above poin" rel="nofollow">ints contributed and affected the fin" rel="nofollow">inancial crisis.