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États-Unis,“soupe primitive” de la crise financière
[The United-States : "primitive soup" of the financial turmoil]

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  • Brack, Estelle

Abstract

It is likely that such a crisis could not be born somewhere else only in the United States. The "current financial disaster" is the fruit of the combination of specific factors in the US, where elements were gathered to catalyse such a crisis, like, someway, some "primal soup" where were combined all the ingredients favorable to the emergence of the life on our planet (Brack A ., 1998). The conjunction of these factors was made worse as these last ones were contagious because of the globalization.

Suggested Citation

  • Brack, Estelle, 2009. "États-Unis,“soupe primitive” de la crise financière [The United-States : "primitive soup" of the financial turmoil]," MPRA Paper 23480, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:23480
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    References listed on IDEAS

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    1. Mr. Ashok Vir Bhatia, 2007. "New Landscape, New Challenges: Structural Change and Regulation in the U.S. Financial Sector," IMF Working Papers 2007/195, International Monetary Fund.
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    5. Olivier Blanchard & John Simon, 2001. "The Long and Large Decline in U.S. Output Volatility," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 32(1), pages 135-174.
    6. De Long, J Bradford & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1990. "Noise Trader Risk in Financial Markets," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 703-738, August.
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    Cited by:

    1. Brack, Estelle & Saidane, Dhafer, 2010. "Qu’attend-on de la finance mondiale après la crise ? Les quatre commandements oubliés [What do we expect form global finance after the crisis? The four forgotten Commandments]," MPRA Paper 23472, University Library of Munich, Germany.
    2. Jimborean, Ramona & Brack, Estelle, 2010. "The cost-efficiency of French banks," MPRA Paper 23471, University Library of Munich, Germany.

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    More about this item

    Keywords

    Financial crisis; United States;

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G01 - Financial Economics - - General - - - Financial Crises

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