Subprime Meltdown, Global Recession

Download and read Closing Case: “Subprime Meltdown, Global Recession” which also can be found in Chapter 8 of your textbook:  
Closing Case: “Subprime Meltdown, Global Recession”

Use this following link to watch 4 full episodes of the PBS series on the global financial crisis:

http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/

Then answer these questions:

  1. What countries are facing a severe financial crisis after the U.S. and why?
  2. Do you think an international financial regulatory agency should be created to reduce the likelihood that such crises will arise in the future? Why or why not?

Explain your answers in detail and support them by citing the case study and at least 2 other highly credible sources.Your essay should be 2-3 pages, well written, and formatted per APA guidleines. Be sure to use proper punctuation, spelling and grammar; points will be deducted accordingly.

 
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