Attributes and predictors of recessions
prices
Nov 17
Oct 23
2008 economic crisis and trends
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.
Oct 08
Stock market crash
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.
Sep 28
2008 Russian financial crisis
The 2008 Russian financial crisis is an ongoing crisis on Russian markets, as nervousness over the global banking crisis has been compounded by political fears after the war with Georgia, as well as renewed concern about state intervention in corporations of strategic interests. Russia's economy is also heavily dependent on energy prices, especially oil which has lost more than a third of its value since its record peak of USD 147 on July 11, 2008.
Sep 26
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May 27
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