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1 de 13
 
 
 
 
MORTGAGES: DEFAULT:  can’t payoff mortgages FORCLOSURE:  after defaulting, bank seizes your property MORTGAGE BACKED SECURITIES:  home loans bundled together. ,[object Object],[object Object],Loans from the bank to purchase property
[object Object],[object Object],[object Object],REPOSS ---S  ESSED PROPERTY OF THE BANK ________________________________________________ N O T I C E  THIS PROPERTY HAS BEEN FORECLOSED BY THE BANK. HOMEOWNER’S FAILURE TO PAY OFF MORTGAGES.  THIS PROPERTY AND  ANY ASSETS ARE NOW OWNED BY THE BANK.
 
Rescue/Bailout Plan ,[object Object],[object Object],[object Object],[object Object]
Government & Banks ,[object Object],[object Object],[object Object],[object Object]
G8 GLOBAL ECONOMY ●  Affecting the entire world ●  Related stock markets ●  Recession EIGHT COUNTRIES ●  Mostly European ●  Working with the U.S. COORDINATE THE ECONOMIC POLICY ●  Global coordination DO WE NEED A NEW GLOBAL ECONOMIC STRUCTURE?
 
 
 

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2008 Economic Crisis Assembly Presentation.97

  • 1.  
  • 2.  
  • 3.  
  • 4.  
  • 5.
  • 6.
  • 7.  
  • 8.
  • 9.
  • 10. G8 GLOBAL ECONOMY ● Affecting the entire world ● Related stock markets ● Recession EIGHT COUNTRIES ● Mostly European ● Working with the U.S. COORDINATE THE ECONOMIC POLICY ● Global coordination DO WE NEED A NEW GLOBAL ECONOMIC STRUCTURE?
  • 11.  
  • 12.  
  • 13.