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The US Subprime financial crisis, caused a massive void in the country's economy and the liquidity in the markets was affected badly. Nobody has gained any benefit because of this. Everyone is suffering because of the crisis.
why financial crisis occur why financial crisis occur
There is no such crisis as the financial bailout package crisis. the bailout was created to overcome the financial crisis.
There is no exact date for the 2008 financial crisis. A financial crisis is a series of mishaps that happen together to cause a crisis.
The German economy is basically sound but is currently (October 2008) affected by the global financial crisis and the recession.
The origin of the Financial crisis was in the United States.