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2008 economic crisis and trends

New York Stock Exchange

In 2008, a global economic crisis was suggested by several important indicators of economic downturn worldwide. These included high oil prices, which led to both high food prices (due to a dependence of food production on petroleum, as well as using food as an alternative to petroleum) and global inflation; a substantial credit crisis leading to the bankruptcy of large and well established investment banks as well as commercial banks in various nations around the world; increased unemployment; and the possibility of a global recession.

Causes and consequences of financial crises

New York City, Midtown Manhattan

Strategic complementarities in financial markets

It is often observed that successful investment requires each investor in a financial market to guess what other investors will do. George Soros has called this need to guess the intentions of others 'reflexivity'. Similarly, John Maynard Keynes compared financial markets to a beauty contest game in which each participant tries to predict which model other participants will consider most beautiful.

Types of financial crises

NYSE Security

Spyware

Benedelman spyware on blogspot Malicious websites may attempt to install spyware on readers' computers. In this screenshot a spamblog has triggered a pop-up that offers spyware in the guise of a security upgrade.

Commercial uses of spam

Spam wallpaper

 

Gambling


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