The 2008 Financial Crisis
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The paper relates that the 2008 American financial crisis is more than just a recession, though this is part of the problem. The paper discusses how the financial crisis of September-November 2008 is the result of more than just normal economic ups and downs.
From the Paper:"The 2008 American financial crisis is more than just a recession, though this is part of the problem. Recessions, though never a good thing, are a relatively common, even normal, part of the business cycle (Moffatt "What"). The media defines a recession as a decrease in Gross Domestic Product for two quarters, six months (Moffatt "Recession")."
Cite this Analytical Essay:
The 2008 Financial Crisis (2008, December 01) Retrieved May 17, 2022, from https://www.academon.com/analytical-essay/the-2008-financial-crisis-141711/
"The 2008 Financial Crisis" 01 December 2008. Web. 17 May. 2022. <https://www.academon.com/analytical-essay/the-2008-financial-crisis-141711/>