Global Financial Crisis: Impacts, Causes, and Future Risks

This report provides a detailed analysis of the Global Financial Crisis (GFC), beginning with an overview of the crisis and its origins in the subprime mortgage market. It explores the effects of the GFC on financial markets, including the impacts on the United States, United Kingdom, Indonesia, and Australia. The report also examines the causes of the crisis, such as excessive lending and low-interest rates, and draws comparisons to the Great Depression of 1929. Furthermore, the report discusses the potential for future global financial crises, considering factors like economic dependencies and market vulnerabilities. The report concludes with a summary of the key findings and references the sources used for research.