The Global Financial Crisis had its roots in the collapse of the US housing bubble, which caused the values of securities tied to US real estate to plummet, in turn threatening the existence of many of the world’s biggest financial institutions. Rear Vision looks at how the aftershocks of the crisis are playing out around the world.
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With the effects of the financial crisis that began nearly two years ago still being felt today, the time has come for a candid assessment of the structural and regulatory weaknesses that helped create it. June 17, 2010 http://carnegieendowment.org/2010/06/17/lessons-from-global-financial-crisis/tcm
http://www.abc.net.au/rn/rearvision/stories/2010/3083820.htm Ireland’s turbocharged transformation from rural poverty to global affluence overshot the mark and now the British and German banks that funded the building boom want their money back. Rear Vision looks at what went wrong.