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Deep Reasons of the World Financial Crisis, or Will the Conductors of Financial Orchestra Read the Score?

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PDF: Author(s): Chepurnova E. V., Kosmin A. D.,
Number of journal: 2(9) Date: May 2009
Annotation:

In the article deep reasons of the financial bank crisis of 2008, and the mechanism of their origin are analyzed. The retrospective review of economic crisis has allowed the author to draw a conclusion that the generators of economic crisis are the financial and political power and the professionalism of central bank chiefs of the countries of the world.

Keywords:

Bank crisis, financial crisis, CB RF, FRS, valuable security, loan services. Central Bank of Russia, Federal Reserve System, stock market

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