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Germany and the Global Crisis 2006-2010

The Global Crisis explained in the AS/LM framework

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The paper examines the collapse of the U.S. housing bubble in 2007, highlighting its role as a catalyst for the subsequent global financial crisis. It analyzes the macroeconomic implications of the housing market's downturn and its effects on financial systems worldwide. By focusing on the causes and consequences of the crisis, the study provides insights into economic vulnerabilities and the interconnectedness of global markets. The research contributes to understanding the dynamics of macroeconomic stability and the importance of regulatory measures.

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Germany and the Global Crisis 2006-2010, Nora Görne

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2012
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