English Dossier Miléna Gandroz 2A Cycle ICM What are the causes and the consequences of the global financial crisis of 2008? SOMMAIRE INTRODUCTION 3 WHY IT HAPPENED? 4 1. Deregulation policy 4 2. Securitization of mortgages 4 HOW IT HAPPENED? 6 1. The subprime crisis 6 2. The financial crisis 6 WHAT ARE THE CONSEQUENCES? 7 1. In the financial sector 7 2. In the United States 8 3. Abroad 8 WHAT IS HAPPENING NOW? 8 1. Some things are changing 8
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Positives 1) The changing face of business - Emergence of instant trade (bypassing stock brokers)‚ unrestricted global markets‚ business without borders‚ exchange of money at lightning speed‚ 2) The ever expanding job market – The top 10 in demand jobs in 2010 did not exist in 2004 3) Corporate giants and the world of e-commerce have increased their influence and profits 4) The regulation of economy by organisations such as the IMF and World Bank help economically struggling countries and corporations
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Tell us about a significant event in your life that changed your views and personality We can certainly compare life to a technological invention‚ it changes almost every day. These changes can be beneficial or harmful‚ depending on the choices that we make in our everyday lives. The biggest change in my life happened at the age of thirteen‚ when my parents decided to move to the United States from India. I was pretty sad about my parents’ decision‚ because I didn’t want to leave
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Dimetria was born May 17‚ 1962 in Newark‚ New Jersey‚ at the age of 5. I started at 14th Ave School. My father was not in the picture of my growing up and having 3 brothers and 3 sisters living conditions was hard for my mother Ruby Major we had to at times to sleep in one bed when staying at families houses. I always wanted to be a nurse and as I got older I became closer to my grandmother in the kitchen with southern cooking‚ so I started to cooking for my family in different gathering‚ at
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Significant Life Event Cathy replied that there were hundreds of events that taught her a lesion that got her to this point in her life‚ when she was asked if there was one event in her life that she though made a huge difference in her life and tough her a lesion that got her though her life this far. After talking about several events in her life that taught her how to get though the hard times she decided that too many people rely on the negative events and overlook the life changing event that
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America ’s Most Significant Events Jennifer Blaxon 135 9/25/2011 Gary Grimm America ’s Most Significant Events Introduction This paper will address each important event of a decade‚ starting from the 1950’s throughout the 1990’s. These are the events I feel were most significant to America at that time‚ and also helped to shape the America we live in today. Understanding each event and its purpose will lead to having a better
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Pros and Cons of Cloning The process of cloning has remained one of the most controversial topics as debates continue about the pros and cons of Cloning. Cloning which is the process of duplicating DNA or living stem cells can be dated back to over 200 years ago. The two most common types of cloning are Therapeutic Cloning and Reproductive Cloning. Therapeutic cloning is a process that specifies the use of cloning stem cells for the treatment of an illness or disability (Ham‚ 2007). Reproductive
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Significant Health Care Event: Ebola Outbreak Gilberto Colon HCS/531 13 October 2014 George De Rosa Significant Health Care Event: Ebola Outbreak Ever since the Ebola virus was discovered in West Africa in 1976‚ it has become the most resilient and lethal virus known to date. The Ebola virus has become one of the most fatal diseases in the world (Evans & Kaslow‚ 1997). The latest outbreak of this disease in West Africa has infected over 70 people and out of those‚ 43 infected
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faster on the smooth concrete‚ and much slower on the sandpaper and gravel surfaces. My hypothesis was right‚ the concrete was the best surface to use to determine the fastest time. The concrete had a smoother surface causing the truck to flow easy‚ while the sand paper and gravel had a
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The moment I joint the Physics Club in my Secondary School has had a significant impact on my life. The event took place 3 years ago; when I was a grade 8 student there was a new Physics Club in our Secondary School. I must confess that at that time‚ I was not interested in physics at all. Obviously‚ I never thought about participating (The idea of participating has never come to my mind). In contrast‚ my friend Nam is very interested in Physics and invited me to join. He insisted me so much that
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