As is well known that GE Edison founded the company from a small electrical current that advanced technology and services, and capital on the basis of the world 's energy, environment, health, water, etc. to solve the challenges our leadership is a global company. Most of all, GE has a long history of counter trade, using commodities in return for payment and also a special department for it.
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1. Why is GE?
As is well known that GE Edison founded the company from a small electrical current that advanced technology and services, and capital on the basis of the world 's energy, environment, health, water, etc. to solve the challenges our leadership is a global company. Most of all, GE has a long history of counter trade, using commodities in return for payment and also a special depar
excess liquidity and bubble economy caused by cheap money policy
-IT bubble collapse and recession caused by 911
-explosive increase of housing loan caused by low interest policy
-ultra low interest → excess liquidity → bubble economy
Sub-prime and collapse of housing bubble
home mortgage raised spending but created consumer debt
housing boom turn into bubble
default on mor