Foreclosure Crisis: The Government's Well-thought-out Response

No matter how powerful you are, the time in America is always short. It is like a continuous crisis that plagued her history through a powerful country's life. They have a disparity of about 20 years, and since the birth of this great country these recessions are correct for this coincidence match timetable, even this. Anti-nostalgic thinking helps to research and advance the past. However, I think that should not be ignored what happened in the past few days in the United States.

The problem of solving the foreclosure crisis first raised the question "Is there really a foreclosure crisis?" The crisis is indeed in danger, but it is not caused by foreclosure of mortgage loans. . Foreclosure is a mechanism to deal with obligations people can not borrow. The potential impact of housing foreclosure (slowing down by the "affordable family plan" of the Obama administration) is actually a market, not a debt but a crisis. The history of the world economy has experienced sovereign debt crises such as Latin America in the 1980s, Russia in the latter half of the 1990s, and Argentina in the early '00s. The debt crisis in Europe is the most important thing in the business world since 2010.

In 2007, the most serious financial crisis in modern times was like a tsunami. Answers from the UK? Well, that is to use public funds to save the bank. Of course, this raises the level of debt. Now, this is not a big deal. The government can print money at any time. And, in extreme crisis, whether it is famine or finance, it should be. In addition, the government bond is not the sum of your debt and my debt There is no effect on our lives. Force is exactly what you can do

Europe and Asia crisis as major European and Asian banks were found to have billions of dollars of toxic debt related to US subprime mortgage loans. . Countries repeatedly attempted to lower interest rates on central banks and began to fall into recession and bank relief and various stimulus measures could not hinder the ongoing crisis. Even after the European Central Bank failed to implement austerity measures in some European countries, public debt continues to increase, the European Central Bank continues today, it should not change until 2018 Unique quantitative We began implementing mitigation programs.