Home Global Economic Crisis Money Nature Unemployment Sports About Us
The World Economy     Ripple Effect on Prices     Survival Tips     Recession Editorial

A Attention!

The Global Financial Crisis is an ongoing financial crisis in which financial institutions or assets lose a big part of their value.

  Becoming more visable in September of 2008 with the failure of several large United States based financial firms, the Global Financial Crisis is a major deal.
The crisis rapidy grew into a Global Credit Crisis resulting in a number of European bank failures and declines in stock indexes.
Oil and metals were rapidly increased in value towards the begining of the crisis but now oil has gone back down.

What are we doing about it?

Governments have spent billions of dollars on rescue packages led by the United States 700bn rescue package.

Back to Home

This page was created by Tyler Young

Copyright 2009. GVC 08-18