Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Causes_of_the_Great_Recession> ?p ?o }
- Causes_of_the_Great_Recession abstract "Many factors directly and indirectly caused the Great Recession (which started in 2007 with the US subprime mortgage crisis), with experts and economists placing different weights on particular causes.Major causes of the initial subprime mortgage crisis and following recession include: International trade imbalances and tax lending standards contributing to high levels of developed country household debt and real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non-depository financial institutions. Once the recession began, various responses were attempted with different degrees of success. These included fiscal policies of governments; monetary policies of central banks; measures designed to help indebted consumers refinance their mortgage debt; and inconsistent approaches used by nations to bail out troubled banking industries and private bondholders, assuming private debt burdens or socializing losses.One narrative describing the causes of the crisis begins with the significant increase in savings available for investment during the 2000–2007 period when the global pool of fixed-income securities increased from approximately $36 trillion in 2000 to $80 trillion by 2007. This \"Giant Pool of Money\" increased as savings from high-growth developing nations entered global capital markets. Investors searching for higher yields than those offered by U.S. Treasury bonds sought alternatives globally.The temptation offered by such readily available savings overwhelmed the policy and regulatory control mechanisms in country after country, as lenders and borrowers put these savings to use, generating bubble after bubble across the globe.While these bubbles have burst, causing asset prices (e.g., housing and commercial property) to decline, the liabilities owed to global investors remain at full price, generating questions regarding the solvency of consumers, governments and banking systems. The effect of this debt overhang is to slow consumption and therefore economic growth and is referred to as a \"balance sheet recession\" or debt-deflation.The fall in asset prices (such as subprime mortgage backed securities) during 2007 and 2008 caused the equivalent of a bank run on the U.S. shadow banking system, which includes investment banks and other non-depository financial entities. This system had grown to rival the depository system in scale yet was not subject to the same regulatory safeguards. Struggling banks in the U.S. and Europe cut back lending causing a credit crunch. Consumers and some governments were no longer able to borrow and spend at pre-crisis levels. Businesses also cut back their investments as demand faltered and reduced their workforces. Higher unemployment due to the recession made it more difficult for consumers and countries to honor their obligations. This caused financial institution losses to surge, deepening the credit crunch, thereby creating an adverse feedback loop.The U.S. Financial Crisis Inquiry Commission reported its findings in January 2011. It concluded that \"the crisis was avoidable and was caused by: Widespread failures in financial regulation, including the Federal Reserve’s failure to stem the tide of toxic mortgages; Dramatic breakdowns in corporate governance including too many financial firms acting recklessly and taking on too much risk; An explosive mix of excessive borrowing and risk by households and Wall Street that put the financial system on a collision course with crisis; Key policy makers ill prepared for the crisis, lacking a full understanding of the financial system they oversaw; and systemic breaches in accountability and ethics at all levels.\"".
- Causes_of_the_Great_Recession thumbnail FCIC_-_Housing_Bubbles_in_Multiple_Countries_2002-2008.png?width=300.
- Causes_of_the_Great_Recession wikiPageExternalLink bernanke20100902a.htm.
- Causes_of_the_Great_Recession wikiPageExternalLink ?view=2715.
- Causes_of_the_Great_Recession wikiPageExternalLink meltdown.
- Causes_of_the_Great_Recession wikiPageExternalLink usmpf2008confdraft.pdf.
- Causes_of_the_Great_Recession wikiPageExternalLink 15840232?video=1145392808&play=1.
- Causes_of_the_Great_Recession wikiPageExternalLink 51_Is_The_US_Subprime_Crisis_So_Different.pdf.
- Causes_of_the_Great_Recession wikiPageExternalLink www.fcic.gov.
- Causes_of_the_Great_Recession wikiPageID "29269618".
- Causes_of_the_Great_Recession wikiPageLength "146429".
- Causes_of_the_Great_Recession wikiPageOutDegree "328".
- Causes_of_the_Great_Recession wikiPageRevisionID "707867884".
- Causes_of_the_Great_Recession wikiPageWikiLink 102nd_United_States_Congress.
- Causes_of_the_Great_Recession wikiPageWikiLink 106th_United_States_Congress.
- Causes_of_the_Great_Recession wikiPageWikiLink Adjustable-rate_mortgage.
- Causes_of_the_Great_Recession wikiPageWikiLink Adverse_feedback_loop.
- Causes_of_the_Great_Recession wikiPageWikiLink Alan_Greenspan.
- Causes_of_the_Great_Recession wikiPageWikiLink Alt-A.
- Causes_of_the_Great_Recession wikiPageWikiLink American_International_Group.
- Causes_of_the_Great_Recession wikiPageWikiLink Ameriquest_Mortgage.
- Causes_of_the_Great_Recession wikiPageWikiLink Asset-backed_commercial_paper.
- Causes_of_the_Great_Recession wikiPageWikiLink Austrian_business_cycle_theory.
- Causes_of_the_Great_Recession wikiPageWikiLink Baby_boom.
- Causes_of_the_Great_Recession wikiPageWikiLink Bait-and-switch.
- Causes_of_the_Great_Recession wikiPageWikiLink Balance_of_payments.
- Causes_of_the_Great_Recession wikiPageWikiLink Balance_sheet_recession.
- Causes_of_the_Great_Recession wikiPageWikiLink Bank_of_America.
- Causes_of_the_Great_Recession wikiPageWikiLink Bank_of_America_Home_Loans.
- Causes_of_the_Great_Recession wikiPageWikiLink Bank_run.
- Causes_of_the_Great_Recession wikiPageWikiLink Barack_Obama.
- Causes_of_the_Great_Recession wikiPageWikiLink Basel_Accords.
- Causes_of_the_Great_Recession wikiPageWikiLink Bear_Stearns.
- Causes_of_the_Great_Recession wikiPageWikiLink Ben_Bernanke.
- Causes_of_the_Great_Recession wikiPageWikiLink Bloomberg_Businessweek.
- Causes_of_the_Great_Recession wikiPageWikiLink Bond_credit_rating.
- Causes_of_the_Great_Recession wikiPageWikiLink Business_cycle.
- Causes_of_the_Great_Recession wikiPageWikiLink Capital_account.
- Causes_of_the_Great_Recession wikiPageWikiLink Capital_requirement.
- Causes_of_the_Great_Recession wikiPageWikiLink Category:2000s_economic_history.
- Causes_of_the_Great_Recession wikiPageWikiLink Category:Causes_of_events.
- Causes_of_the_Great_Recession wikiPageWikiLink Category:Great_Recession.
- Causes_of_the_Great_Recession wikiPageWikiLink Central_bank.
- Causes_of_the_Great_Recession wikiPageWikiLink Charles_Prince.
- Causes_of_the_Great_Recession wikiPageWikiLink China.
- Causes_of_the_Great_Recession wikiPageWikiLink Citigroup.
- Causes_of_the_Great_Recession wikiPageWikiLink Collateral_(finance).
- Causes_of_the_Great_Recession wikiPageWikiLink Collateralized_debt_obligation.
- Causes_of_the_Great_Recession wikiPageWikiLink Commercial_bank.
- Causes_of_the_Great_Recession wikiPageWikiLink Commercial_paper.
- Causes_of_the_Great_Recession wikiPageWikiLink Commodity_Futures_Modernization_Act_of_2000.
- Causes_of_the_Great_Recession wikiPageWikiLink Community_Reinvestment_Act.
- Causes_of_the_Great_Recession wikiPageWikiLink Conflict_of_interest.
- Causes_of_the_Great_Recession wikiPageWikiLink Continental_Illinois.
- Causes_of_the_Great_Recession wikiPageWikiLink Control_fraud.
- Causes_of_the_Great_Recession wikiPageWikiLink Copula_(probability_theory).
- Causes_of_the_Great_Recession wikiPageWikiLink Credit_crunch.
- Causes_of_the_Great_Recession wikiPageWikiLink Credit_cycle.
- Causes_of_the_Great_Recession wikiPageWikiLink Credit_default_swap.
- Causes_of_the_Great_Recession wikiPageWikiLink Credit_rating_agency.
- Causes_of_the_Great_Recession wikiPageWikiLink Credit_risk.
- Causes_of_the_Great_Recession wikiPageWikiLink Current_account.
- Causes_of_the_Great_Recession wikiPageWikiLink Daniel_Šmihula.
- Causes_of_the_Great_Recession wikiPageWikiLink David_Einhorn_(hedge_fund_manager).
- Causes_of_the_Great_Recession wikiPageWikiLink David_X._Li.
- Causes_of_the_Great_Recession wikiPageWikiLink Debt_deflation.
- Causes_of_the_Great_Recession wikiPageWikiLink Deflation.
- Causes_of_the_Great_Recession wikiPageWikiLink Derivative_(finance).
- Causes_of_the_Great_Recession wikiPageWikiLink Disposable_and_discretionary_income.
- Causes_of_the_Great_Recession wikiPageWikiLink Domino_effect.
- Causes_of_the_Great_Recession wikiPageWikiLink Dot-com_bubble.
- Causes_of_the_Great_Recession wikiPageWikiLink Down_payment.
- Causes_of_the_Great_Recession wikiPageWikiLink Due_diligence.
- Causes_of_the_Great_Recession wikiPageWikiLink Economic_bubble.
- Causes_of_the_Great_Recession wikiPageWikiLink Economic_inequality.
- Causes_of_the_Great_Recession wikiPageWikiLink Eduardo_Galeano.
- Causes_of_the_Great_Recession wikiPageWikiLink Eileen_Foster.
- Causes_of_the_Great_Recession wikiPageWikiLink Elizabeth_II.
- Causes_of_the_Great_Recession wikiPageWikiLink Enron_scandal.
- Causes_of_the_Great_Recession wikiPageWikiLink Executive_compensation.
- Causes_of_the_Great_Recession wikiPageWikiLink Exponential_growth.
- Causes_of_the_Great_Recession wikiPageWikiLink Fannie_Mae.
- Causes_of_the_Great_Recession wikiPageWikiLink Federal_Bureau_of_Investigation.
- Causes_of_the_Great_Recession wikiPageWikiLink Federal_funds_rate.
- Causes_of_the_Great_Recession wikiPageWikiLink File:FCIC_-_Housing_Bubbles_in_Multiple_Countries_2002-2008.png.
- Causes_of_the_Great_Recession wikiPageWikiLink File:U.S._Fixed_Investment_as_Pct_GDP.png.
- Causes_of_the_Great_Recession wikiPageWikiLink File:US_Private_Debt_to_GDP_by_Sector.png.
- Causes_of_the_Great_Recession wikiPageWikiLink Financial_Crisis_Inquiry_Commission.
- Causes_of_the_Great_Recession wikiPageWikiLink Financial_capital.
- Causes_of_the_Great_Recession wikiPageWikiLink Financial_innovation.
- Causes_of_the_Great_Recession wikiPageWikiLink Financial_services.
- Causes_of_the_Great_Recession wikiPageWikiLink Freddie_Mac.
- Causes_of_the_Great_Recession wikiPageWikiLink G-20_major_economies.
- Causes_of_the_Great_Recession wikiPageWikiLink George_H._W._Bush.
- Causes_of_the_Great_Recession wikiPageWikiLink George_Soros.
- Causes_of_the_Great_Recession wikiPageWikiLink Glass–Steagall_Legislation.
- Causes_of_the_Great_Recession wikiPageWikiLink Global_saving_glut.
- Causes_of_the_Great_Recession wikiPageWikiLink Globalization.
- Causes_of_the_Great_Recession wikiPageWikiLink Goldman_Sachs.
- Causes_of_the_Great_Recession wikiPageWikiLink Government-sponsored_enterprise.