Financial Assignment Help – Essay Writing

Financial Assignment Help – Essay Writing

Financial Assignment Help – Essay Writing

Financial Assignment Help - Essay Writing

discussion paper should not exceed two pages. As to the sources, a copy with the relevant information should be provided.
the student is to find two different arguments (articles by known figures in politics or economics) about the causes of the 2008 financial crisis, and critically evaluate the arguments, giving his/her own conclusions –in their own words).

Causes of the 2008 Financial CrisisThe 2008 Financial Crisis acted as an eye-opener for the world that the financial world is not

safe and secure and anything can happen the next minute. The most important thing to be noted

is that the financial crisis did not occur in a day, but it was a consequence of many connected

events. Bill Thomas, Keith Hennessey and Douglas Holtz-Eakin in their article “What Caused

the Financial Crisis?” and Steve Denning in his article, “ Lest We Forget: Why we had a

Financial Crisis” explain the causes behind the financial crisis.

Thomas and his colleagues argue that the cause of the financial crisis was neither the

intervention of the government in the housing market nor the Wall Street and the way it

influenced Washington. Many have supported that the greedy bankers had a strong impact on

the financial system and the politicians (Thomas, Hennessey, & Holtz-Eakin, 2011). The

bankers knew the after effects of their greed and purposely continued to take advantage of the

mortgage investors and homeowners just for the sake of their selfish gains, and in this overall

process they literally endangered the financial system. Thomas and his colleagues deny the

above mentioned causes and insist that the crisis was a result of 10 factors that if taken together

can explain the overall process.

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