La crise économique et financière

Résumé du document

In the beginning of last year, everybody knew every day the bad news which were broadcasted by the media about the losses job, recession, insolvency, crisis… People had to wonder on their means of consuming. In fact, the economic crisis has its origins in United States banking institution. It hasn't happened since 1929: a monumental Stock Exchange crash had been caused. These last years, American and world financial institute really made banker's draft easier for people and institutions.

Moreover financial institute lent too easier money to people who were incapable of refunding their debts. This people bought houses that they couldn't afford to offer themselves. Some banks were strongly touched by an enormous amount of loans which weren't reimbursed and caused financial difficulties for the bank.

Extraits

[...] Nevertheless, why wasn't this crisis limited only in the United States? Actually, with the market globalization, all countries or almost all, keep some international relations. The United States represents a huge exportation market with several countries in the world. When Americans have less money, they limit their spending which result in less sales and factories idle. Indeed, some products are manufactured in China, others are exported to Germany or elsewhere in Europe also in others regions in the world. Thus, when something goes wrong somewhere, some countries are directly affected. [...]

[...] The tax heavens which are ambiguous: it is necessary to challenge the tax heavens and regulate the financial activity. What will be the situation in 2011, when I want to find a job? Sometimes, when I watch the news on TV or when I read the newspapers, I wonder what I will be able to do when I am graduated. Could I find a job despite the crisis? In fact, I try to be realistic face to this crisis. I know that wait, is not seeing the problems in our society, and wait, signifies also missing opportunities. [...]

[...] To conclude I think that the crisis has put us in front of the world we have created. As a large mirror, it revealed the fragility of the global financial system and the vulnerability of a global economy based on the belief that the key to success in production and consummation always increasing. Currently it's time to rewrite the rules to achieve a globalization more reliable and balanced. But it will not happen only by changing the international or global governance in order to make them better, but I am sure that it also requires a change of mentality or a culture change. [...]

[...] La crise économique et financière The economic and financial crisis is present everywhere in the world. Everybody is affected by this crisis. Why is it worldwide? Who caused this trouble? When will we be able to get out of it? In the beginning of last year, everybody knew every day the bad news which were broadcasted by the media about the losses job, recession, insolvency, crisis People had to wonder on their means of consuming. In fact, the economic crisis has its origins in United States banking institution. [...]

[...] The main speech about the crisis is parenthesis”. But our president Nicolas Sarkosy said that biggest error would be to see, in the crisis, only a bracket, and after everything could be start as before”. Indeed, it is obvious that it is a profound transformation that we must require, at the height of the gravity of the crisis. The return of the State is a data which we need to theorize. The State intervention in the economy is not only essential at a time of crisis but it's in contrast the crisis which shows a lack of state intervention in the regulation of economic activities. [...]