samkerh657 samkerh657

03-12-2021
Business

contestada

which event was a result of the 2008 financial crisis?

Respuesta :

emerydomebo emerydomebo

03-12-2021

Answer:

Chinese money invested in USA:

Explanation:

Some causes of the financial crisis lie in global imbalances, mainly, America's huge current-account deficit and China's huge surplus. -> USA used savings from abroad in order to finance profitable investment. (2) Money flooding: lower interest rates and lifting house prices.

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