Exposé sur la crise financière en Anglais, niveau lycée
Extrait:
After the attack of September 11th, and because of the rates of variable interest in decline, began a piece of news gone up in the demand of immovable property, what engendered two financial bubbles: that of the real-estate market and that of the stock-exchange investments.
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To face this crisis, the central banks of the various countries have only two measures at their disposal: · Change their intervention rate · inject some money in establishments in trouble ( nationalization ) or to the banks who acquire their bankrupt colleagues When a central bank lowers its intervention rate, she lowers the rate of loan of liquid assets to the[...]