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Economics 2 Pages

The Global Economic Crisis


Write a 2 page article review of The Global Economic Crisis 


Title: The Global Economic Crisis
Length: 2 pages (550 Words)
Style: MLA


The Global Economic Crisis

          The 2008-09 depression is the worst financial crisis ever since the Great Depression of 1929-30s (Suter & Lerkenrath 193). Despite its provenance being in the United States, in this globalized world of interdependent economies, the crisis ebbed its way across other countries with Europe the first to catch the fever. The crisis attracted vast and extensive media coverage with striking headlines such as “Chinese Steelmakers Shiver, Indian Miners Catch Flu,” from the Hindustan Times. The International Herald wrote, “In an Interconnected World, American Home owner Woes Can Be Felt from Beijing to Rio de Janeiro” while Yale Global reported “US and China Must Tame Imbalances Together.” A frenzied and scurrilous search for a solution to avert the reverberating tide was sought.


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