FINANCIAL CRISIS OR ENERGY SHOCK?

Financial Crisis Or Energy Shock?

Financial Crisis Or Energy Shock

Will the Financial crisis of 2007-2008 Result in Deflation or Inflation

The 2007-2008 Financial crisis, similar to the Great Depression and Japan's lost decade, started with the bursting of an asset bubble. An important difference, however, has been the introduction of many complex financial instruments since the late 1990's. The result was that many financial firms did not understand the risks of the positions held on their books. As the value of these assets dropped in value, many financial firms were in danger of collapsing. The U.S. government, in trying ...