2008 Financial Crisis Essay

The year 2008 made the United States government to achieve the goal of "American dreams of self-satisfying insight, in the sense that the goodwill that the future will be brighter than today, that people who are less appreciative of their childhood can achieve their own victory either it started a business, bought a house or anything in between.

At the same time the income distribution between the groups of people and the rich has a large gap of inequality. This provides the basis for the government to achieve this so-called American dream. In the end the American government took the solution to include a strategy for this. Strategies are used to determine opportunities to increase revenue, and create opportunities for increased revenue.

To fund the policy, the financial sector in the US has exaggerated this high investment. Because the US is one of the countries known for its financial taxes, migration to the US. However, the US economy occurs in a led system, which is very fragile to suffer from a crisis. Losses, the inevitable crisis to the US economy. In August / September 2008, the crisis turned into a full-scale financial crisis - and it came alive: Lehman Brothers, one of the leading investment banks on Wall Street, went bankrupt (Stockhammer, 2013).
This is related to the economic criteria proposed by Rajan (2010), namely there are three main causes, the first is the politics, imbalances and financial factors triggered by injustice as the case between the poor and the rich that occurred in America.