https://padlet.com/matthewrstyles/8xlcvwjfvm3n By Matthew Styles en-us 2017-03-28 23:17:37 UTC 2023-06-30 01:40:33 UTC hello@padlet.com matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163283313 2017-03-28 23:36:58 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163283313 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163283689 This padlet wall will help you learn about the financial crisis that peaked in 2008.]]> 2017-03-28 23:42:19 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163283689 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163573018 There was a drastic increase for the TED spread in 2008-2009. This shows the increase in perceived credit risk. The TED spread is  difference between the interest rates on inter bank loans and on short term government debt.]]> 2017-03-29 23:50:26 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163573018 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163576918 This video is about the global financial crisis happened. The financial crisis happened 
because banks were able to create 
too much money, too quickly,
and used it to push up house prices
and speculate on financial markets.]]> 2017-03-30 00:33:33 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163576918 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163577193 This Caused some major Financial companies declared bankruptcy, like Lehman Brothers. Others were forced into mergers or needed to be bailed out by the government.]]> 2017-03-30 00:35:58 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163577193 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163578658 The US federal reserve lowered interest rates to 1% to keep the economy strong. This turned off the investors but turned on the banks. They could borrow money for only 1% giving them leverage. Banks, home owners and investors are all connected through mortgages. A family talks to a mortgage broker after putting a down payment on a house. He then connects them to a mortgage lender who gives them a mortgage. Lenders often sell mortgages to investment bankers and the bankers keep them so they can get payments from homeowners every month. When a lot of mortgages under the same banker defaults, no one will want to buy from him and that freezes the whole financial system.]]> 2017-03-30 00:47:24 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163578658 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163579042 Canada was not affected by the global financial crisis as much as industrialized countries like the United States and Great Britain. Canada was ranked number for having the soundest bank system in the world by The World Economic Forum. Although Canada's banking system is so good, it is still being affect by the global economic slowdown. the financial crisis may not have affected us directly but the impact in the United States and other countries has affected us. ]]> 2017-03-30 00:50:01 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163579042 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163579476 This article explains how the financial crisis could have been prevented. One way it could have been prevented was to regulate the mortgage brokers because they were the ones who made bad loans. Another way was to regulate the hedge funds because they used too much leverage]]> 2017-03-30 00:53:35 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163579476 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163579724 A large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures. ]]> 2017-03-30 00:55:55 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163579724 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163727793 This article is about a debate whether or not the global financial crisis could happen again. The financial crisis scared businesses and families and that's why we are recovering slower than in other financial crises. ]]> 2017-03-30 14:49:20 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163727793 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163755484 People are saying the Canadian dollar will crash based on the value dropping in the past. Currently 1 dollar CAD = 75 cents USD and experts say that it will drop to 59 cents USD. Since the global financial crisis, the prices of Canada's commodities have dropped causing our dollar to drop as well. ]]> 2017-03-30 16:14:37 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/163755484 matthewrstyles https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/164208614 2017-04-03 00:17:53 UTC https://padlet.com/matthewrstyles/8xlcvwjfvm3n/wish/164208614