The 2008 Financial Crisis

Introduction The current financial crisis occurred in 2008 and lasted for a while. It caused various degrees of economic recession in various parts of the world. Government officials of financial institutions and economists will try to correct financial mistakes and reduce the risk of future financial crisis. In this article we will use the UK financial system as an example for analyzing financial rules. First, it gives the background of the financial crisis. Secondly, after analyzing examples of the UK and international markets, the old regulatory failures that occurred in 2007 - 2008 failed.

The financial crisis in 2008 revealed that there is a big gap in economists' understanding of financial intermediation. Mainstream economists have a very simple and stylized bank model that ignores the enormous number of financial products and strategies that have evolved over the past 50 years. They argue that they can answer questions about financial regulation, such as how to set bank capital requirements without clearly understanding how financial intermediaries create value.

Currency insanity examines the financial crisis of 2008 and its continuing impact from the perspective of the international currency system. The purpose of this white paper is to conduct a more comprehensive and coherent investigation of several key factors underlying it, beyond the standard interpretation of the serious financial crisis. This is also an attempt to put the crisis in a wider historical context. In order to achieve this goal, we conducted critical research on the essence of modern currency and the process of creating money / credit. Both of these are difficult to understand for many so-called experts. It also examines the role of the dollar in the system and argues that the accumulation of excessive debt in the global economy is an inevitable and predictable result of having the national debt function as a major international reserve of the world central bank ing.

In the global financial crisis, a new paper on journalism research focused on mainstream newspapers in the United States, the UK and Australia during the 2008 global financial crisis. According to the newspaper, the mainstream financial media "generally do not issue warnings, lack sufficient skepticism when reporting finance and economic trends, journalists are closer to sources of information used to obtain information Too much. " Poverty, a study by Media & Jornalismo published at the Media and Journalism Research Center at Coimbra University in Portugal, reports that Western news media frequently reports poverty performance such as famine, overcrowding and natural disasters, but "poverty is" emergency The problem, "the reporter says,