그는 국민 전체가 아닌 “I”라는 개인과 “government”, “State”라는 정부의 관계선상에서 개인이 더 높고 강한 위치에 있기 때문에, 정부는 개인을 존중해야 하고 이것이야말로 애초에 정부가 설립된 목적이라고 이야기한다. 그리고 그는 글 첫머리부터 정부를 개인이 자유를 추구할 수 있게 해주는(let
with the
subprime mortgage crisis
The United States government took no actions though estate price was rising.
It’s a mistake for the United States government to be hesitant about dealing with a situation and take actions late.
The United States’ middle class
The people who invested to the Lehman Brothers
Bankruptcy of Lehman Brothers raised global financial effect
upon S&L banks due to lobbying. However, the problem became too sever to conceal and Paul Volcker decided to deal with this matter with high interest rate. While the policy worked in containing inflation, depression in market &and economy occurred. In the end, wide spread of insolvency was inevitable.
Resolution of the Crisis
US government had to spend public fund to deal with the Crisis.
government.
But in spite of these effort of decentralization at the government level, If local government faced an economic crisis, many of them say “we face lack of budget and need help from the central government.” Why this happening is appeared?
Causes of many local financial crisis are that local government do not endeavor for increase local budget revenue like diverse programs and onl
crisis is not today's new topic but from 2008, the effect of global financial crisis has been going on ever since. Korea also has the problem about increasing national debt affected by this crisis, so this Greek issue was concerned about in this sense. The Greek financial crisis was controlled by Greek government and also European Union. However, the fundamental solution was not done. So, in our