| dc.description.abstract | The financial crisis that occurred in the U.S., preceded the discovery of the full
mortgage scandal of collusion and manipulation, has dragged the world economy
into a deep slump abyss. Therefore, the observer called this crisis as the global
financial crisis. The financial crisis can be said to be the biggest crisis after the
Great Depression in the 1930's. In analyzing the main cause of the global
financial crisis, many economists berkonklusi that the fragility of the economic
fundamentals at the root of the problem the emergence of the economic crisis.
Moreover, the root problem is the onset of the global financial crisis of human
greed. As in the case of subprime mortgage-induced credit dependent lifestyle that
exceeds the ability to pay interest on the loan as well as the implementation of
policies that are not realistic conflict with human values and justice; transactions
based on speculation without any underlying assets artificially boost economic
growth. This is evidenced by the more inflated the non real hundred-fold
compared with the growth of the real sector. | en_US |
