(1) - Why the U.S. credit crisis interests me???

It cannot be denied that global finance was suffered much from the sub-prime home mortgage crisis of 2007 in America. The World Bank and the International Monetary Fund had never stopped warning against severe consequences and spill- over impacts of the crisis in global scope. Not only did the market witness heavy losses in the U.S. financial institutions but the severe impacts of such a crisis were also observed on banking systems (especially commercial banks) of other economies such as Europe, Japan, etc. Real consequences of the U.S credit crunch could be seen of wide range from the U.S. economic growth rate and operations of business to the global effects on international investment capital flows particularly and the world's economic growth rate generally. 

From my point of view, exploring causes, actual situations and consequences of the U.S credit crisis would be creating a basis to financial institutions in particular and the government in general in order to strengthen their management ability and ensure safety requirements for assets and the stability of the domestic market.

In my next few posts, I am going to talk more about causes and effects of the U.S. crunch on the basis of real circumstances.