Article Writing Homework Help

I need some assistance with these assignment. a)review the causes of the financial crisis of 2007-2010 and decide whether it is linked to too much or too little government i Thank you in advance for the help! 127-138, 2000). It is an observation that the last depression phase of 1930s resulted in huge number of adverse impacts around the world (Brain, pp. 321-327, 1999). however, the current financial crisis on global level seems to be having far more reaching effects on the developed, as well as developing parts of the world. In particular, the world witnessed running down of the US economy during mid of the year 2007 and then the crisis subsequently hit different parts of the world due to lack of liquidity available in the US banking system as well as crumple of various huge financial organizations. In addition, financial experts (Bono, pp. 1-34, 2008) have indicated adverse role of government as well that caused the global financial crisis and that is still resulting in adverse impact globally. In this regard, today, a huge number of economies around the world are still confronting the viral effects of the global financial crisis due to their dependence on processes of US economy (Davies & Green, pp. 10-18, 2008). Debate and discussion regarding different aspects of financial industry is not a new practice (Zhang, pp. 23-30, 1995). After every financial crisis, it is an observation that financial experts argue and discuss the role of authorities and government to avoid any crisis in the future. Such debates were observable in the year 2001 after collapse of Enron (Amel et al., 2493-2519, 2004), as well as in the year 2004 at the time of WorldCom tragedy, and in the year 2008 with the collapse of Lehman Brothers. Interestingly, experts have indicated that accounting frauds and government scandals are some of the most common underlying reasons that exist behind every financial crisis (Goldsmith, pp. 8-11, 2009). In particular, this paper is an attempt in the same series of debates and discussions that will include analysis of different aspects of global financial crisis while going through the collapse of Lehman brothers that enable a critical understanding of realistic factors that caused such crisis globally. FINANCIAL CRISIS OF 2007-2010 Causes of Financial Crisis As earlier mentioned in the introduction, shortage of liquidity in the US financial system became the first cause that triggered the roots to derive recent financial crisis in the United States. Subsequently, it affected other economies of the world as well by beginning with the collapses of different financial institutions, as well as investment banks in developed parts of the world that automatically affected developing nations. Analysis (Bebchuk et al., p. 31, 2009) has identified that investment banks, financial institutions were two of the main backbones of the US economy, and their bankruptcies gave a heavy blow to the country as collapse of even one stakeholder resulted in huge punch on the overall market. In the month of August 2008, the liquidity crisis hit the then leading investment bank, Lehman Brothers, and studies (Davies & Green pp. 56-60, 2008) have pointed out the adverse role of certain newspapers that rumored about dishonoring of Lehman Brothers’ financial commitments by few banks.