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Which event was a result of the 2008 financial crisis?
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22 votes
22 votes
Which event was a result of the 2008 financial crisis?

User Weej
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1 Answer

17 votes
17 votes

Answer:

Chinese money invested in USA:

Step-by-step explanation:

Some causes of the financial crisis lie in global imbalances, mainly, America's huge current-account deficit and China's huge surplus. -> USA used savings from abroad in order to finance profitable investment. (2) Money flooding: lower interest rates and lifting house prices.

User Telmo Marques
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