The Effects Of Geithner And Bernanke Avoid The Global Financial Crisis

Decent Essays
Geithner and Bernanke amid the Global Financial Crisis details the negative effects of the 2008 financial crisis and how The Federal Reserve and the Federal government took action in order to prevent further domestic economic turmoil and strife. Between the years of 2007- 2008 the United States fell into an economic recession which almost caused the entire financial institution to crumble down. It was the worst economic disaster since the Great Depression. The negative effects were present both foreign and domestically. Numerous markets were affected ranging for the goods market to the asset markets. According to case study “Geithner and Bernanke amid the Global Financial Crisis by FE Warnock, he argues that the reason this crisis spurged from

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