Fichier:Lending & Borrowing Decisions - 10 19 08.png
Fichier d’origine (960 × 720 pixels, taille du fichier : 15 kio, type MIME : image/png)
Ce fichier et sa description proviennent de Wikimedia Commons.
Sommaire
Description
DescriptionLending & Borrowing Decisions - 10 19 08.png |
English: Causes of the Housing Bubble OverviewSee the United States housing bubble and subprime mortgage crisis for in-depth discussion and citations. A brief summary of each vertical "string" of causes is included below. While there are many factors that influenced the housing bubble, fundamentally a bubble is built one transaction at a time. Risky lending decisions were made by institutions and risky borrowing decisions were made by both individuals and institutions. According to the Pew Research Center, “There is a broad public consensus regarding the causes of the current problems with financial institutions and markets: 79 percent say people taking on too much debt has contributed a lot to the crisis, while 72 percent say the same about banks making risky loans.”[1] Lending Decisions by Institutions
Borrowing Decisions by Individuals
Transition to the Subprime Mortgage Crisisthumb|A diagram of the elements of the subprime crisis Once housing prices began to fall in June-July 2006, homeowners were often stuck with mortgages they could not afford or refinance. Delinquencies and foreclosures increased dramatically. As mortgage payments fell, the money flowing into MBS decreased during 2007. Many financial institutions suffered enormous losses, with hundreds of mortgage companies and several major financial institutions going bankrupt. Due to uncertainty regarding the financial condition of many financial institutions and banks dramatically increasing lending standards, loanable funds liquidity became less available. This is further described in the second subprime crisis diagram at right. Additional SourcesComprehensive discussions of housing bubbles and the crisis are at: Other Specific contributing causes:
Caveats
SourcesThe letters from Fed Chairman Bernanke provide a helpful explanation of the subject.[4] [5] Further, several cover stories and in-depth articles appeared in the Economist[6] [7] [8] and Business Week.[9] Former Federal Reserve Chairman Greenspan wrote an Op Ed piece for the Wall Street Journal that summarizes the crisis from a variety of angles.[10] Economist Joseph Stiglitz summarized his views on the causes of the crisis.[11] |
Date | |
Source | Travail personnel (Texte original : I created this work entirely by myself.) |
Auteur | Farcaster (talk) 01:39, 20 October 2008 (UTC) |
- ↑ NY Times-
- ↑ AEI-The Destruction of Fannie & Freddie
- ↑ Shiller-Infectious Exuberance-The Atlantic
- ↑ FRB: Speech-Bernanke, Financial Markets, the Economic Outlook, and Monetary Policy -January 10, 2008
- ↑ FRB: Speech-Bernanke, The Recent Financial Turmoil and its Economic and Policy Consequences-October 15, 2007
- ↑ The credit crunch | Postcards from the ledge | Economist.com]
- ↑ CSI: credit crunch | Economist.com]
- ↑ America's economy | Getting worried downtown | Economist.com]
- ↑ Housing Meltdown
- ↑ The Wall Street Journal Online - Featured Article
- ↑ Stiglitz-Capitalist Fools
Conditions d’utilisation
- Vous êtes libre :
- de partager – de copier, distribuer et transmettre cette œuvre
- d’adapter – de modifier cette œuvre
- Sous les conditions suivantes :
- paternité – Vous devez donner les informations appropriées concernant l'auteur, fournir un lien vers la licence et indiquer si des modifications ont été faites. Vous pouvez faire cela par tout moyen raisonnable, mais en aucune façon suggérant que l’auteur vous soutient ou approuve l’utilisation que vous en faites.
- partage à l’identique – Si vous modifiez, transformez, ou vous basez sur cette œuvre, vous devez distribuer votre contribution sous la même licence ou une licence compatible avec celle de l’original.
Vous avez la permission de copier, distribuer et modifier ce document selon les termes de la GNU Free Documentation License version 1.2 ou toute version ultérieure publiée par la Free Software Foundation, sans sections inaltérables, sans texte de première page de couverture et sans texte de dernière page de couverture. Un exemplaire de la licence est inclus dans la section intitulée GNU Free Documentation License.http://www.gnu.org/copyleft/fdl.htmlGFDLGNU Free Documentation Licensetruetrue |
Journal des téléversements d’origine
- 2008-10-21 02:40 Farcaster 960×720× (15164 bytes)
- 2008-10-20 01:39 Farcaster 960×720× (11732 bytes) {{Information |Description=Causes of the Housing Bubble |Source=I created this work entirely by myself. |Date=10 19 2008 |Author=~~~~ |other_versions= }}
19 octobre 2008
Historique du fichier
Cliquer sur une date et heure pour voir le fichier tel qu'il était à ce moment-là.
Date et heure | Vignette | Dimensions | Utilisateur | Commentaire | |
---|---|---|---|---|---|
actuel | 14 octobre 2010 à 02:45 | 960 × 720 (15 kio) | Hideokun | {{Information |Description={{en|Causes of the Housing Bubble<br/> ==Overview== See the en:United States housing bubble and en:subprime mortgage crisis for in-depth discussion and citations. A brief summary of each vertical "string" of causes |
Utilisation du fichier
Aucune page n’utilise ce fichier.
Usage global du fichier
Les autres wikis suivants utilisent ce fichier :
- Utilisation sur en.wikipedia.org
- Utilisation sur hi.wikipedia.org
- Utilisation sur ja.wikipedia.org
- Utilisation sur ta.wikipedia.org