Unit 3 Chapter 3 The Monstrosity that Collapsed the Whole World Economy.pptx
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1、,Chapter 3 The Monstrosity that Collapsed the Whole World Economy,Unit 3 The Inevitable Struggle,FEATURES,SLIDE SUBTITLE,ENVIRONMENT,PORTABLE,RAIN PROOF,CLOUD SUPPORT,In this lesson we are going to learn how to better describe the crisis. In the movie the Big Short, the financial crisis is described
2、 as a death spiral. Death spiral means something that has no way out.,1.Lead-in,Pretty soon, stocks and savings were almost inconsequential. They were doing $50, $100, $200 billion in mortgage bonds and dozens of other securities a year. And America barely noticed as its number one industry became b
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