久久99国产亚洲高清观看首页,久久久久综合精品福利啪啪,国产成人免费午夜在线观看,91视频网,久久精品国产福利国产琪琪,久久国产精品免费观看,国产精品成

以金融危機(jī)為主題的英語(yǔ)作文

時(shí)間:2021-01-19 15:30:56 其他類英語(yǔ)作文 我要投稿

一篇以金融危機(jī)為主題的英語(yǔ)作文

  在平時(shí)的`學(xué)習(xí)、工作或生活中,說(shuō)到作文,大家肯定都不陌生吧,作文是通過(guò)文字來(lái)表達(dá)一個(gè)主題意義的記敘方法。那么你有了解過(guò)作文嗎?下面是小編收集整理的一篇以金融危機(jī)為主題的英語(yǔ)作文,希望能夠幫助到大家。

一篇以金融危機(jī)為主題的英語(yǔ)作文

  What Caused The Financial Crisis?

  I think we can sum up(總結(jié),概括) the cause of our current economic crisis in one word — GREED(貪婪).

  Over the years, mortgage lenders were happy to lend money to people who couldn‘t afford their mortgages. But they did it anyway because there was nothing to lose. These lenders were able to charge higher interest rates and make more money on sub-prime loans. If the borrowers default,they simply seized the house and put it back on the market. On top of that, they were able to pass the risk off to mortgage insurer or package these mortgages as mortgage-backed securities. Easy money!and what went wrong with our financial system?

  The whole thing was one big scheme. Everything was great when houses were selling like hot cakes and their values go up every month. Lenders made it easier to borrow money,and the higher demand drove up house values. Higher house values means that lenders could lend out even bigger mortgages, and it also gave lenders some protection against foreclosures. All of this translates into more money for the lenders, insurers, and investors. Unfortunately, many borrowers got slammed when their adjustable mortgage finally adjusted. When too many of them couldn‘t afford to make their payments, it causes these lenders to suffer from liquidity issue and to sit on more foreclosures than they could sell. Mortgage-backed securities became more risky and worth less causing investment firms like Lehman Brothers to suffer.

  Moreover,insurers like AIG who insured these bad mortgages also got in trouble. The scheme (體系,結(jié)構(gòu))worked well, but it reverses course and is now coming back to hurt everyone with a vengeance.

【一篇以金融危機(jī)為主題的英語(yǔ)作文】相關(guān)文章:

以同情為題寫一篇作文04-13

以春節(jié)寫一篇英語(yǔ)作文01-02

一篇以觸摸為主題的高二作文08-20

以Success為題的英語(yǔ)作文06-20

以火災(zāi)為話題的英語(yǔ)作文06-15

以記憶為話題的英語(yǔ)作文06-15

以老師為話題的英語(yǔ)作文05-19

以自由為話題的英語(yǔ)作文05-19

以happiness為話題的英語(yǔ)作文09-05

以A Flood為題的英語(yǔ)作文07-13

抚州市| 灵丘县| 安溪县| 兖州市| 泰宁县| 朝阳市| 嘉祥县| 前郭尔| 西昌市| 香港 | 昆山市| 陵水| 临安市| 息烽县| 乌鲁木齐市| 丹阳市| 台州市| 格尔木市| 无为县| 拜城县| 静宁县| 天等县| 靖远县| 阿荣旗| 平舆县| 南涧| 二连浩特市| 怀化市| 绥阳县| 洛川县| 广宁县| 府谷县| 安吉县| 咸丰县| 绥芬河市| 江阴市| 康平县| 招远市| 深水埗区| 久治县| 吉林省|