The 1990's And 2008 Financial Crisis

The monsters names are The Minotaur and the Polyphemus. The Minotaur is a Greek Monsters that lives in a maze called the Labyrinth. He is part man, part bull and the King of the Athenaeus had gave it sacrifices of 7 boys and 7 girls. He got defeated by Theseus the king's son he defeated him by using a wool of string which was given to him by the king's daughter. He made it through the maze and back out without getting eaten. The Cyclops name is Polyphemus he lives on an island where he lives in a cave and were he tends his sheep. But one day after walking his sheep he found “The Odysseus” and his men in his cave eating his food. He locked them in and ate them they escaped Polyphemus by stabbing his eye and Odysseus men escaped by hiding under

The recession of 2007-2009 played a great roll in how many companies in the United

The Great Recession of 2008-9 was the deepest and longest capitalist economic slump since the Great Depression of 1929-32. The recent financial crisis is known as the “Great Recession” of 2008-9. Its downturn was sparked by the collapse of the US housing market. In 2006, the prices of home began to rise and the banks began to encourage potential homebuyers to take out larger loans. There were lower interest rates at the time, and this seemed like a good idea for most individuals who were searching for a new home. Then, in mid-2007, the interest rates began to rise. The values of the homes decreased and the amount of money a house was worth declined significantly. Many homeowners were stuck with large loans, increasingly high interest rates, and a decreased price of their home. Many homeowners went into foreclosure or were evicted. This eventually led to large financial institutions and banks to become bankrupt, which lead to an overall fall in the US economy. Stocks dropped, consumer spending declined significantly, and companies began to go out of business (Athanasiu, 43).

An excess of regulation, rather than an insufficiency of it, was the principal cause of the recent credit crunch.

A recession is full-proof sign of declined activity within the economic environment. Many economists generally define the attributes of a recession are two consecutive quarters with declining GDP. Many factors contribute to an economy's fall into a recession, but the major cause argued is inflation. As individuals or even businesses try to cut costs and spending this causes GDP to decline, unemployment rate can rise due to less spending which can be one of the combined factors when an economy falls into a recession. Inflation is the general rise in prices of goods and services over a period of time. Inflation can happen for reasons such as higher energy and production costs and that includes governmental debt.

The Vista 8th grade spaghetti dinner fundraiser is this Thursday March 30 from 5-8 in the Vista Cafeteria. Dinner tickets are $7.00 each or of 4 for $20.00. There will also be opportunity drawings for baskets of your choice. Tickets are a dollar each or an arm length for $20.00. We look forward to seeing all of you come out and support our 8th grade

“The 2007-8 stock market crash was largely due to widespread defaulting on subprime mortgages.” (The 2007-08 Financial crisis in review) In other words, towards the end of 2006, almost all borrowers defaulted. Instead of getting money, lenders got houses back, and put them again on sale. With the huge number of houses on the market, the supply was massively high, while the demand was low. Hence, the bubbles started bursting and the prices of the houses started declining

Fiscal policy is the use of government revenue (taxes) and expenditure (spending) to influence the economy. (Weil, 2008) Fiscal policy is “used to stabilize the economy over the course of the business cycle.” (Fiscal policy, n.d.) Examples of both of these according to National fiscal policy response to the Great

The economic crash of 2008 was a difficult time for all of the people around us. This situation has impacted our country and what is around even to this day. It was a tough time for a lot of families and big businesses. This stock market crash was one of the worst the United States had ever had. Even to this day we are still trying to repair it what went down. Like the employment of jobs, the cost of our products, and homes that were taken away from families. The economic crash came from nowhere and it was a shock fro mainly families, especially the middle and low income families. This took many homes away from them and the job eventually leaving them with nothing. This had also hurt many foreign countries on their way, did trade and their investments. Many housing companies going down with this and also the way banks were running. Why and how did this all happen? This is one of the biggest economic crash in the United States that is still in the process of being repaired.

In 2001, the U.S. economy experienced a mild, short-lived recession. Although the economy nicely withstood terrorist attacks, the bust of the dotcom bubble, and accounting scandals, the fear of recession really preoccupied everybody 's minds. http://www.wallstreetoasis.com/financial-crisis-overview

Our society seems to doing well since the financial crisis of 2008. The country is recovering from the Great Recession, unemployment is down and the global domestic product is up. People have jobs and are paying taxes. President Obama lowered our budget deficit and promised to make healthcare more available to all. On average, America is well on its way to recovery. But what about the people that slipped through the cracks of the financial stimulus plan? These are the people that lost their jobs, and subsequently their homes. These are America’s impoverished and homeless.

One of the most renowned elements of entertainment was the theatre. Getting the chance to see a movie was a great experience not easily forgotten. In the book To Kill a Mockingbird by Harper Lee, Dill, a small child, is able to see the movie Dracula. Shortly after seeing the movie he runs away from home, and knowing that his friends understand his love of the movies, he tells Jim, a close friend,“‘Think they’re still searchin’ all the picture shows in Meridian.’ Dill grinned”(140). A level of pride is developed in Dill when he can gloat to everyone that he has watched a picture show. For the more mature audience during the Dust Bowl Era, attending a movie was a simple diversion. Claire Ellerton states,“During the depression going to the movies

The definitive event of the early twenty-first century was The Financial Crisis of 2007-08. Since that event, scholars have tried to identify what the causes and the effects of the crisis. The causes and effects of the collapse are varied and many scholars show a consensus about what these causes and effects are.

The financial crisis of 2008 has affected all of us. For most of us, it was a decrease in our assets and wealth which over the period of time can be rebuilt. There were some of us who lost their jobs and have to start anew looking for work, or finding second jobs. For those of us who have reached the age of forty and above, this can be difficult and moreover, taxing and tiring. First and foremost, our bodies are not as young and vibrant as they used to be twenty years ago. Nature has a way of telling our Human Growth Hormones to take it slow and so HGH does.

In the words of Goodhart (2008), “the banking crisis of 2007 was seen in advance” (Goodhart, 2008). This is a result of many different factors. To begin with, between 2001 and 2005, there were very low interest rates, particularly in China due to the Asian crisis of the late 1990s. Because of this financial crisis, many people across Asia were saving instead of investing their money. In order to encourage people to invest in the economy, the interest rates had to plummet to make spending more affordable. Economies exist by trading with one another and if one economy isn 't doing so well, this effects economies worldwide and the USA began to worry about price deflation. During this period, developed countries