Tuesday, September 28, 2010
Questions
2- What is one of most important consequences of the financial crisis?
3- What can we do to avoid such crisis in the world?
4-Do you think that we already know exactly what cause the crisis?
5- Do you think that there is a lot of secrets behind the crisis?
6- What is your suggestion for improving the financial system in order to prevent corruption and crisis?
7- Do you think that globalization one of the causes of major crisis in our financial system?
8- What do you think about the idea of money and wealth?
9- Is there any thing that can predict a new crisis?
10- what is the most important thing that we can learn from what happen ?
Questions by Elea Ortega
Monday, September 20, 2010
Internet Articles by Elea Ortega
Source #1 Type of Job Loss and its Impact on Decision Control, Mastery, and Depression: Comparison of Employee and Company-Stated Reasons
Talks about the jobs and how constantly people lost their jobs and how this becomes a problem to both of the person, to the person that loss its jobs and for the main enterprises itself and many more facts about the loss of the jobs.
Source # 2 OPPORTUNISTIC INFORMAL BANKRUPTCY: HOW BAPCPA MAY FAIL TO MAKE WFALTHY
DEBTORS PAY UP
This article is related to our first consequence, bankruptcy. This article contains about the main concept of the bankruptcy and tells that is not one of the most common problems of the financial crisis, but it's not the only one.
Source #3 The New Bankruptcy Act and its Impact on Family Law: An Update
http://0-web.ebscohost.com.umiss.lib.olemiss.edu/ehost/pdfviewer/pdfviewer?vid=1&hid=105&sid=b6cda1dc-de75-46f7-a736-d6bb53d7dbbd%40sessionmgr114
This article talks about the impact that the bankruptcy has on the families, such as once the bankrupt is in the families problems, comes to show up, and then the family is split it.
Source #4 Federal Bankruptcy Law and State Sovereign Immunity
This article focuses more in the political economy together with the bankruptcy and how its regulated.
Source #5 AN ECONOMIC ANALYSIS OF THE CONSUMER BANKRUPTCY CRISIS.
this article talks about how the consumer fells in the crisis of the bankruptcy, this article explain in detail about how the consumer is immersed in this issue and talks about the credit cars, how the consumer fell in this seriously problem, how then it becomes a financial shock in their families and how this could take them to the divorce etc.
Source #6 Enterprise Bankruptcy Law of the People’s Republic of China (for Trial Implementation, 1986)
This article contains about even though in huge enterprises in China, the bankruptcy happens something that people sometimes do no expect from massive companies but it happens.
Source #7 BANKRUPTCY FIRE SALES
Reading this article you can understand how the relations between the sales and the bankrupt, it also contains graphics about the situations.
Source #8 Factors Associated with Hospital Bankruptcies: A Political and Economic Framework
This article talks about bankrupt in the hospital, yes believe it or not? There is bankrupt in the hospitals too, which all come across with the economics and the whole financial problem.
Source #9 The Delphi ‘Bankruptcy’ The Continuation of Class War by Other Means
This article talks about nothing more and nothing less about the huge company general motors. Delphi Corporation is the giant auto parts supplier spun of f by General motors, even this huge company suffered bankruptcy.
Source #10 Poverty and Local Governments: Economic Development and Community Service Provision in an Era of Decentralization
This article talks about the poverty and how the governments always take all the money and talks also about the bad distribution of the economy and that's when corruption comes out and that's the reason too, of why there is poor people.
Sources for the solutions by Elea Ortega

Sources for the consequences
"Financial crisis: Lessons and opportunities for international
Political Economy", Mosley , leyna.
These two books present a rabge of solutions for the financial crisis. They present a geat debate for the corrution problem in the world and links that connect corruption and crisis in our modern economy.
"Breaking the bad Habits", Press of University of Chicago
This book present all that we have to do in order to solve our problem but the authors present the consequences in a clear way that we can understand the gravity of the problem.
Sources for the causes:
The director, editions April 2010, 2010 volume 63 no .8.
In this magazine it's adressed the big issue of the financial crisis and the problem of transparency in governments all over the world.
American Economic Journal, Macroeconomics volume 2, number 3
This magazine gives expalnations about mechanisms that we should use in order to solve some liquidity problems in the modern world with a great interpretation of causes that lead the world in the worst crisis of the history.
Solutions
1) Reduce the power of some Multinational
2) Reduce the dependance of the world economy
3)Reduce the power of some States in the world economy
4) Reduce the developpement of the globalization
5) Control in an efficience way the financial market
6) Control the greedy of the financial market
7) Rebuild the capitalism
8) evaluate risk in some rich countries in the same way that we do for poor country.
9 ) Reducing the use of the Fiscal paradise around the world
10) Control the hot money
Sunday, September 19, 2010
New Article
Wednesday, September 15, 2010
Causes and Solutions to the Global Financial Crisis by ELEA O
The real solution to the financial crisis: recession
The international financial crisis - International Solutions - interview with hedge fund manager George Soros - Interview
Thursday, September 9, 2010
SOLUTIONS!! BY ELEA ORTEGA
Thursday, September 2, 2010
Consequences
1) Bankruptcy
2) Poverty
3) loose of freedom
4) loose of friends
5) Loose of social status
6) loose of confidence
7) war
8) dictatorship
9) loose of power
10)loose of control
11) Suicide
12) loose of confidence in the financial system
13) loose of property
14) People don't believe anymore in the system.
15) Running to get Paris Hilton's wallet.
16) Loose of girls
17) Loose of office
18) loose of job
19) Your wife can go away (dump you)
20) loose of your prestige
21)Loose of popularity
22) Loose of house
23) loose of car
24) You don't have red carpet
25) You can't travel around the world
26) Can' t go on vacation in a paradise island
27)Can't go shopping in Manhattan
28)Can't go shopping in Paris
29) Can't go to Venice with your girlfriend/ boyfriend for dinner.
30) can't go to concert
31) Can't go to Panama or Haiti to meet unbelievable people
