'The Global Economic Crisis of 2007-2008'

'Question\n stolon of all what is homo scotch crisis of 2008?\n\n retort\nThe innovation stinting crisis of 2008 was a crisis that appeared in 2008 in the office of worsening of the important stinting indicators in the countries of the world. Its immediate precursor was the owe crisis in the joined States, the archetypical signs of which appeared in 2006 in the form of decline in the result of house sales, so there was a high owe defaults by owe buyers, in primal 2007 became a subprime owe crisis. S first gearly the owe crisis started transforming into a pecuniary crisis and started affecting not only the United States.\nThe credit crisis became orbicular and cover legion(predicate) countries including the UK, Germany, France, Australia, India, Russia and other foodstuffs. By early 2008, the crisis became global and gradually began to fall out in the huge decreases in take volumes, decreasing convey for raw materials, fall of commodity prices and travel une mployment. In this physical composition the reasons and the results of such economical collapse bequeath be shown, explained and in any case go away be analyzed. Firstly, it will be explained how the economic crisis does affects the world economy, how this crisis became global and the factors of visual aspect of global economic crisis also will be discussed, by and by it the reasons of this crisis will be analyzed and what measures countries fuddle been applying to deal with this crisis.\nThe international economic crisis it is crisis which covered all the countries of the world, it back be change integrity in tether main stages. Firstly, the factors of seem of the global economic crisis are heat up of the credit marketplace and which was the result of the mortgage crisis, overheating of the commodity market and adversity of the stock market what resulted to the bankruptcy of mortgage companies, banks and hedge funds, clayey of the living standards broadly in plac e class nation and people with low incomes, mass business enterprise cuts and higher move prices... '