Sorry for late comments. The crisis in Greece represents the dangers on the financial markets of the Europe and United States which makes financiers worried about their finance's. Its comes in the form of fall in confidence in the share market resulting in a withdrawal from the share market and consequents fall in the share market around the world.
Sorry for late comments. The crisis in Greece represents the dangers on the financial markets of the Europe and United States which makes financiers worried about their finance's. Its comes in the form of fall in confidence in the share market resulting in a withdrawal from the share market and consequents fall in the share market around the world.
Greece had crisi, it's their problem right?? why affect america?? I can understand the fact that share holders will withdraw their share from the market if they have less confidence, but why affect financial market of US and the WHOLE europe??
Major Investments in Greek is by Euroean, US banks, so if Greeks fails they can not pay the loans they have taken from these banks, in that case the lending banks will also fail resulting in the losses to bank's creditor (depositor).
When Greece face this crisis, why will it effect other countries?? Japan's nikkei, for example..
ReplyDeleteSorry for late comments.
ReplyDeleteThe crisis in Greece represents the dangers on the financial markets of the Europe and United States which makes financiers worried about their finance's. Its comes in the form of fall in confidence in the share market resulting in a withdrawal from the share market and consequents fall in the share market around the world.
Sorry for late comments.
ReplyDeleteThe crisis in Greece represents the dangers on the financial markets of the Europe and United States which makes financiers worried about their finance's. Its comes in the form of fall in confidence in the share market resulting in a withdrawal from the share market and consequents fall in the share market around the world.
Greece had crisi, it's their problem right??
ReplyDeletewhy affect america?? I can understand the fact that share holders will withdraw their share from the market if they have less confidence, but why affect financial market of US and the WHOLE europe??
Major Investments in Greek is by Euroean, US banks, so if Greeks fails they can not pay the loans they have taken from these banks, in that case the lending banks will also fail resulting in the losses to bank's creditor (depositor).
ReplyDelete