Financial crisis, burden (burden of financial system crisis)

Contrary to repeated statements to the contrary, the global financial crisis that followed the subprime crisis in 2007 largely bypassed the man in the street. On the other hand, many wealthy individuals who had invested their assets in certificates and derivatives had to book substantial and lasting losses. One can therefore speak of a “social imbalance” as a consequence of the financial crisis only to the extent that the middle class suffered severe losses. As financial history teaches, the same is consistently true of asset losses in previous financial crises. Admittedly, the time span of a financial crisis is given as eight to ten years, and inflation has always been the end of the story. – See Financial Market Discipline Function, Louisiana Bankruptcy, Quantitative Easing, Tulip Crash, Financial Crisis, Avoidability.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/