全球经济危机的根源.pptVIP

Global Economic Crisis Workers Rights: Issues for Unions全球经济危机与工人权利工会面临的问题 What caused the global economic crisis? 全球经济危机的根源 - Immediate causes直接原因 Fundamental roots of the crisis 危机的根源 What can we learn from it? 给我们的教训 Background of the crisis危机的背景 US Internet stocks crash in 2001-02 – to counter threat of recession, interest rate lowered to 1% in 2003 - easy money availability set off housing market boom speculation 2001－2002年美国互联网泡沫崩溃－为免于衰退，2003年利率下调至1％－轻易获得贷款带来房地产市场泡沫和投机 Housing loans market was lucrative since these loans could be sold as securities (CDOs) to other banks