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Whole financial system in danger of collapse without intervention
SupportiveArgument
1
#7076
In the absence of immediate, large-scale intervention the whole financial system appeared to be on the brink of collapse.
CONTEXT
(Help)
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The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
How should the US and other governments respond? »
How should the US and other governments respond?
How should the US and other governments respond?☜Exploring policy options open to the US government and the other governments in response to the global financial crisis.☜FFB597
▲
Measures to alleviate the immediate symptoms? »
Measures to alleviate the immediate symptoms?
Measures to alleviate the immediate symptoms?☜What measures are available to alleviate the immediate symptoms of the financial crisis?☜FFB597
▲
The Emergency Economic Stabilization Act 2008 »
The Emergency Economic Stabilization Act 2008
The Emergency Economic Stabilization Act 2008☜A law authorizing the US Secretary of the Treasury to spend up to US$700 billion to purchase distressed assets, especially mortgage-backed securities, from the nations banks—enacated on 3rd October 2008.☜59C6EF
▲
Contain the economic impact of the credit crunch »
Contain the economic impact of the credit crunch
Contain the economic impact of the credit crunch☜Enacting the emergency legislation will help to contain the economic impact fo the credit crunch.☜98CE71
■
Whole financial system in danger of collapse without intervention
Whole financial system in danger of collapse without intervention☜In the absence of immediate, large-scale intervention the whole financial system appeared to be on the brink of collapse.☜98CE71
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Entered by:-
David Price
NodeID:
#7076
Node type:
SupportiveArgument
Entry date (GMT):
10/8/2008 5:55:00 PM
Last edit date (GMT):
10/8/2008 5:56:00 PM
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