World Trade Crisis 2008

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Transcript World Trade Crisis 2008

World Trade Crisis 2008 

Started

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In September 2008

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At Wall Street stock exchange

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By overrated credits

Stock exchange – burza Overrated – nadhodnocený Credit – úveř

World Trade Crisis 2008 

Main causes of WTC were

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Overrating of credits

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Low interests of credits (for example 1%)

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Opaque credit financing in companies

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Careless lending of money

Interest – úrok Opaque – neprůhledný Cause – příčina Careless – neopatrný

World Trade Crisis 2008 

Start of the WTC

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The biggest american insurance company AIG informated about its problems with too many possibly dangerous credits

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Wall Street index (Dow) fell down, other exchange indexes all over the world followed Dow

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The volume of trades on the Wall Street exchange dramatically fell down

Insurance company – pojišťovna Volume – objem Trade – obchod

World Trade Crisis 2008 

Progress of Dow index between the 4 th July and 2 nd October

World Trade Crisis 2008 

Progress of Nasdaq index between the 4 th July and 2 nd October

World Trade Crisis 2008 

Progress of PX index between the 4 th July and 2 nd October

Dow

World Trade Crisis 2008 

Small compare for demonstration of interconnectivity of world economy sphere Nasdaq Nikkei PX

World Trade Crisis 2008 

Impacts in the whole world economic

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Increase of volume of the world trade was stopped or slown down

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World market is destabilished, investors are confused

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Prices of commodites and exchange rates may dramatically change

Decrease – snížit Exchange rate – kurz (př. měny)

World Trade Crisis 2008 

Sources

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http://www.patria.cz/

ekonomické zpravodajství

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http://www.denik.cz/

internetový Deník

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http://www.kurzy.cz/

přehled kurzů a indexů akcií

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http://money.cnn.com/

internetové zpravodajství

http://finance.yahoo.com/

indexy akcií, peníze