Can someone explain the finacial crisis?

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Can someone explain me how can banks benefit from crisis with simple words?

I really dont understand. You have the banks , who loan money to the people. Now you have crisis, how will it make the banks get more money since they will stop making more loans ? Crisis would also means that shares go down... or not ? can someone explain...

Answer:

Yes, banks loan people money. In a crisis like the one we had in 2008, they should fail. So why didnt...

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Can someone explain the whole economy crisis to me?

Seriously, I hate watching the news because it is so depressing, but I am so out of the loop with what is going on. I have friends and family who seem to think we will be starving a year from now because things are so bad and will only get worse. Why...

Answer:

I know this really isn't helpful, but I don't really know either. I'm going to stock up on food storage...

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hotmomma duck at Yahoo! Answers Mark as irrelevant Undo

Can someone SIMPLY explain the clusterf*ck that is the american economic crisis?

I read all these articles and watch every newscast but it's like it's a whole other language. Can someone explain from the beginning how this all started, in terms I can understand?

Answer:

Simple. Our central bank (Alan Greenspan and now Ben Bernanke), artificially lowered interest rates...

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bellzluv... at Yahoo! Answers Mark as irrelevant Undo

Can someone please explain the crisis between Russia and Ukraine?

Hi can someone please simplify the crisis that is going on in Russia and Ukraine right now from the start with the anti government protesters and such through today? Why would it be ...show more

Answer:

To obtain adequate information, you can watch Russian channel "Russia today", or just RT.

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K3EE3ICGIAOYFV7XSAYAHX2I6Q at Yahoo! Answers Mark as irrelevant Undo

Can someone please explain in lay terms the current financial crisis?

What is the current financial/economic crisis about? How did it start? What happened with Freddie Mac, Fannie Mae, Lehmann Brothers, Merrill Lynch, and AIG? Why is it such an emergency to "fix" it? How will the government bailout help, and...

Answer:

The government, wall st., and everyday average citizens wanted more people to buy and own houses. Instead...

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Can someone explain to me what the UK funding crisis is and how it all began?

Be as detailed as you like. I'm trying to research it but I can't seem to get what I'm looking for so perhaps someone who knows all about it can tell me in their own words. Thanks.

Answer:

why do you ask questions I cannot answer?

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M at Yahoo! Answers Mark as irrelevant Undo

Can someone explain in simple terms, what is going on with the credit crisis?

This country has a population of less than 400 million people, how could these companies need 700 BILLION dollars, if the government can give them 700 billion dollars, why couldn't the government give every adult person 1 million dollars... I know that...

Answer:

Yep, Greedy mortgage brokers lent out money to people they knew could not afford to pay it back (so...

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Answer:

I believe that you - foreigners - always get a very wrong idea about the situation in my country ( Syria...

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Peter at Yahoo! Answers Mark as irrelevant Undo

Can someone explain the Northern Rock crisis to me please?

I'd really want to know what caused the Northern Rock crisis. I know it is something to do with the credit crunch in the American subprime mortgage market, but how does this relate to England? Sorry if I sound really stupid here. Any help is appreciated...

Answer:

The banks that gave out the mortgages to the sub prime borrowers in US offloaded a lot of their bad...

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Missy at Yahoo! Answers Mark as irrelevant Undo

Can someone please explain this banking crisis? And how it effects other banks throughout the world?

And also how and why this world wide economic crisis is unfolding and who is going to be hit hardest by it and why? Also when is the world going to be in a recovery and back on its ...show more

Answer:

1, greedy banks looking to make an easy buck lend to suckers who really can't aford it 2, banks find...

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RQ2PMKCJUZSMYVB2OFC5XJJHBQ at Yahoo! Answers Mark as irrelevant Undo

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