Global Financial Crisis
The global economic crisis has yet to bottom out. The major industrial economies are in a deep recession, and growth in the developing world is slowing dramatically. The danger of falling into a deflationary...
Tagged: Economics
Euro Crisis
Path of Sovereign Debt Crisis in Europe The world markets had not yet fully recovered from the effects of the sub prime crisis when news began to surface of a debt crisis faced by...
Subprime Mortgage Crisis
In the United States, the subprime mortgage crisis involved a series of happenings and environmental factors that eventually culminated in the financial crisis of the late 2000s. This was characterized by steadily rising rates...
Stock Market Crash
A swift simultaneous price decline in a significant number of securities in a stock market leads to a stock market crash. Such crash generally causes a huge loss of paper wealth. There can be...
Gold Standard
Gold Standard Introduction A Monetary system in which economic unit of account is a fixed weight of gold is called as gold standard. A gold standard system can be classified in various kinds. The gold...
Federal Reserve System (“Fed”)
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial...