摘要：
经济危机的原因英语作文The financial crisis in the "butterfly effect" under the rapid spread of the... 经济危机的原因英语作文
The financial crisis in the "butterfly effect" under the rapid spread of the world. From the United States to China, from Wall Street to the Pearl River Delta, from manufacturing to high technology, from the white-collar workers, are subject to severe financial crisis. Many enterprises in the customs, stop, close, to many white-collar workers laid off, a lot of migrant workers, miners were forced to return home, many university graduates means that the unemployed. A month later in 2009 is the Year, I do not see the well-being of firecrackers, fireworks and romantic, looking forward to the New Year. See more entrepreneurs, managers, workers fear, confused, helpless look. Blessing in disguise, Yan Fu Huo know? The escape came, unable to retain the go. Nothing in the world are the development of the wave-like, there is bound to have peaks and troughs, there are bound to have peaks and troughs. Rare in the face of the economic crisis, many companies have chosen to shrink the front, the defensive; a lot of people tighten up the pocketbook and spending. Enterprises do not only offensive defense, when you prepare defense means that when you start back. Live at home, hand in half a cent to spend, to save money is in, only more money in order to change the quality of life. Fear, confusion and helplessness to escape, defense and reduce costs so that you will only make matters worse situation. Only offensive, Endeavor, protest, moving trend is the best choice and to deal with. Be it business or personal, we must first fully understand the seriousness of the crisis and persistent. There are not trusting to luck that the crisis will not affect you. Qingchao, no eggs will survive? Only early and late, and light weight. The crisis in the latter part of the most difficult, yet now, do not feel that they are very strong, Do not have to die before the crisis to attack. First of all, as entrepreneurs have to consider cash flow problems. To allow the closure of the fastest growing companies is not a loss, cash flow is drying up. Cash flow and the size of the enterprise, profit, non-well-known and well-known does not matter. The more large enterprises and the more well-known enterprises to pay attention to cash flow. Peace for too long, high-speed economic development in a long time, too much of their profits into the business after the expansion of fixed assets. Not on account of the funds to prepare for the winter. So rare to meet the financial crisis, the fall is often the fastest growth and expansion of the fastest-growing businesses. Not ready for the winter clothes, even if you have a nice summer, winter, you will still frozen to death. The three major . auto giant is the cash flow is drying up and in serious danger together. To have the opportunity to live. Crisis, the crisis in the organic. This opportunity is not often. This is sufficient funds at the lowest cost of business, merger, the best opportunity for expansion. Small business is the best time to catch up with large enterprises. Peace and prosperity in a variety of small businesses such as the allocation of resources are not large enterprises. Want to go beyond talking the same large enterprises. In front of the crisis, many large enterprises for the steady development of layoffs, shrinking front. Small business must learn how to Zoupian Jian Feng, to take the initiative. Gambling may be dead, may also develop. And so on, a dead end. As a working group, during the crisis, so as not to resign, not-for-work, not to change jobs. A large number of business failures, layoffs, a large number of returning migrant workers, next year there are nearly 1,000 million university graduates find a job waiting. Be able to do a job that is a very well-being. To resign easy job difficult. Should cherish the current opportunity to work. For are not familiar with the area of greatest temptation not to change jobs easily. Peer different reasons, is the same sales, marketing and selling instant noodles is not the same car. The higher the expectations, the greater the disappointment factor. Of course, if you have the ability to trade irreplaceable, but this time is an opportunity. In the face of crisis often need a hero. To ask whether he is a hero?
living conditions of people all over the world would sharply descend as soon as financial crisis breaks out if nothing is done to heal the golobe economic system. the latest one broke out months ago from the US and has been spreading quickly to China, the largest developing country in the world,where thousands of plants along the eastern coastal cities have bankrupted since the crisis broke out. ==================== 太麻烦了，好费脑子。帮你就写这么多，或多或少给点分！
The reason for this financial housing crisis is just simply greed. About every 20 years we go through a housing slump. We had one in the 80's. However this one is so bad because of simple greed. People got loans that should never have, people wanted to build houses just to turn around and sell them for profit and got stuck when the bubble popped. Loan companies wanted to make more money so they gave loans to people that did not have the money to make the payments. This was just greed no politics. Although if they had regulated the market some what the situation would not be as bad as it is. But look at our history just about every 20 to 30 years. Has nothing to do with who is in office or is very ) Fed created too much liquidity in the late 90s, fueling the NASDAQ bubble. 2) Fed popped that with rate hikes - but didn't soak up all of the excess liquidity. When the NASDAQ bubble popped, Fed cut rates again, and after 9/11 Fed cut rates again, and too far and for too long. 3) This fueled the housing and commodities bubbles - to an even greater degree because those are more credit-driven and because loans are given in part based on loan-to-value and the value of the assets was driven up based on the artificial demand. Federal policies aimed at increasing home ownership exacerbated this problem but were not the root ) Fed hiked rates again, pricking this latest bubble. Since it was bigger, the effects are more ) Fed's just going to print money and not let the credit bubble correct itself, and that new money is just going to fuel inflation.
Inflation is the lesser evil in such a crisis It is time for the world's major central banks to acknowledge that a sudden burst of moderate inflation would be extremely helpful in unwinding today's epic debt morass. Yes, inflation is an unfair way of effectively writing down all non-indexed debts in the economy. Price inflation forces creditors to accept repayment in debased currency. Yes, in principle, there should be a way to fix the ills of the financial system without resort to inflation. Unfortunately, the closer one examines the alternatives, including capital injections for banks and direct help for home mortgage holders, the clearer it becomes that inflation would be a help, not a hindrance. Modern finance has succeeded in creating a default dynamic of such stupefying complexity that it defies standard approaches to debt workouts. Securitization, structured finance, and other innovations have so interwoven the financial system's various players that it is essentially impossible to restructure one financial institution at a time. System-wide solutions are needed. Moderate inflation in the short run - say, 6 percent for two years - would not clear the books. But it would significantly ameliorate the problems, making other steps less costly and more effective. True, once the inflation genie is let out of the bottle, it could take several years to put it back in. No one wants to relive the anti-inflation fights of the 1980s and 1990s. But right now, the global economy is teetering on the precipice of disaster. We already have a full-blown global recession. Unless governments get ahead of the problem, we risk a severe worldwide downturn unlike anything we have seen since the 1930s. The necessary policy actions involve aggressive macroeconomic stimulus. Fiscal policy should ideally focus on tax cuts and infrastructure spending. Central banks are already cutting interest rates left and right. Policy interest rates around the world are likely to head toward zero; the United States and Japan are already there. The United Kingdom and the euro zone will eventually decide to go most of the way. Steps must also be taken to recapitalize and re-regulate the financial system. Huge risks will remain as long as the financial system remains on government respirators, as is effectively the case in the US, UK, the euro zone, and many other countries today. Most of the world's largest banks are essentially insolvent, and depend on continuing government aid and loans to keep them afloat. Many banks have already acknowledged their open-ended losses in residential mortgages. As the recession deepens, however, bank balance sheets will be hammered further by a wave of defaults in commercial real estate, credit cards, private equity, and hedge funds. As governments try to avoid outright nationalization of banks, they will find themselves being forced to carry out second and third recapitalizations. Even the extravagant bailout of financial giant Citigroup, in which the US government has poured in $45 billion of capital and backstopped losses on over $300 billion in bad loans, may ultimately prove inadequate. When one looks across the landscape of remaining problems, including the multi-trillion-dollar credit default swap market, it is clear that the hole in the financial system is too big to be filled entirely by taxpayer dollars. Certainly, a key part of the solution is to allow more banks to fail, ensuring that depositors are paid off in full, but not necessarily debt holders. But this route is going to be costly and painful. That brings us back to the inflation option. In addition to tempering debt problems, a short burst of moderate inflation would reduce the real (inflation-adjusted) value of residential real estate, making it easier for that market to stabilize. Absent significant inflation, nominal house prices probably need to fall another 15 percent in the US, and more in Spain, the UK, and many other countries. If inflation rises, nominal house prices don't need to fall as much. Of course, given the ongoing recession, it may not be so easy for central banks to achieve any inflation at all right now. Indeed, it seems like avoiding sustained deflation, or falling prices, is all they can manage. Fortunately, creating inflation is not rocket science. All central banks need to do is to keep printing money to buy up government debt. The main risk is that inflation could overshoot, landing at 20 or 30 percent instead of 5-6 percent. Indeed, fear of overshooting paralyzed the Bank of Japan for a decade. But this problem is easily negotiated. With good communication policy, inflation expectations can be contained, and inflation can be brought down as quickly as necessary. It will take every tool in the box to fix today's once-in-a-century financial crisis. Fear of inflation, when viewed in the context of a possible global depression, is like worrying about getting the measles when one is in danger of getting the plague. The author is a professor of economics and public policy at Harvard University and was formerly chief economist at the IMF
经济危机产生的原因英语
直接百度或Google the cause of economic crisis你会找到很多
经济危机（Economic Crisis）指的是一个或多个国民经济或整个世界经济在一段比较长的时间内不断收缩（负的经济增长率）。经济危机是资本主义经济发展过程中周期爆发的生产相对过剩的危机，也是经济周期中的决定性阶段。自1825年英国第一次爆发普遍的经济危机以来，资本主义经济从未摆脱过经济危机的冲击。经济危机是资本主义体制的必然结果。由于资本主义的特性，其爆发也是存在一定的规律。主要特征资本主义经济危机所暴露的生产过剩，并不是生产出来的商品真正超过了人民群众的实际需要。要使现有的人口都能够富裕地生活，充分满足他们的物质、文化生活的需要，生活资料并不是生产得太多了，而是生产得太少了。但是，相对于人民群众有支付能力的需求而言，又的确是生产得太多了。就生产资料来说，要使有劳动能力的人口都能够充分就业，促进生产的迅速发展，各生产部门还要进行大量的设备投资。生产资料同样不是太多了，而是太少了。但是，要使生产资料按一定的利润率作为剥削工人的手段而起作用，现有的生产资料又的确是周期地生产得太多了。由此可见，资本主义的生产过剩并不是绝对的过剩，而是相对的过剩。在资本主义社会以前的各个社会形态里，由于战争、瘟疫、天灾等各种原因，以及剥削阶级的横征暴敛，也会在一个或长或短的时期内使生产和社会生活陷于严重的苦难和危机之中。但这种危机的特征是生产严重不足，而资本主义的经济危机则是生产过剩。
The reason for this financial housing crisis is just simply greed. About every 20 years we go through a housing slump. We had one in the 80's. However this one is so bad because of simple greed. People got loans that should never have, people wanted to build houses just to turn around and sell them for profit and got stuck when the bubble popped. Loan companies wanted to make more money so they gave loans to people that did not have the money to make the payments. This was just greed no politics. Although if they had regulated the market some what the situation would not be as bad as it is. But look at our history just about every 20 to 30 years. Has nothing to do with who is in office or is very ) Fed created too much liquidity in the late 90s, fueling the NASDAQ bubble. 2) Fed popped that with rate hikes - but didn't soak up all of the excess liquidity. When the NASDAQ bubble popped, Fed cut rates again, and after 9/11 Fed cut rates again, and too far and for too long. 3) This fueled the housing and commodities bubbles - to an even greater degree because those are more credit-driven and because loans are given in part based on loan-to-value and the value of the assets was driven up based on the artificial demand. Federal policies aimed at increasing home ownership exacerbated this problem but were not the root ) Fed hiked rates again, pricking this latest bubble. Since it was bigger, the effects are more ) Fed's just going to print money and not let the credit bubble correct itself, and that new money is just going to fuel inflation.
Inflation is the lesser evil in such a crisis It is time for the world's major central banks to acknowledge that a sudden burst of moderate inflation would be extremely helpful in unwinding today's epic debt morass. Yes, inflation is an unfair way of effectively writing down all non-indexed debts in the economy. Price inflation forces creditors to accept repayment in debased currency. Yes, in principle, there should be a way to fix the ills of the financial system without resort to inflation. Unfortunately, the closer one examines the alternatives, including capital injections for banks and direct help for home mortgage holders, the clearer it becomes that inflation would be a help, not a hindrance. Modern finance has succeeded in creating a default dynamic of such stupefying complexity that it defies standard approaches to debt workouts. Securitization, structured finance, and other innovations have so interwoven the financial system's various players that it is essentially impossible to restructure one financial institution at a time. System-wide solutions are needed. Moderate inflation in the short run - say, 6 percent for two years - would not clear the books. But it would significantly ameliorate the problems, making other steps less costly and more effective. True, once the inflation genie is let out of the bottle, it could take several years to put it back in. No one wants to relive the anti-inflation fights of the 1980s and 1990s. But right now, the global economy is teetering on the precipice of disaster. We already have a full-blown global recession. Unless governments get ahead of the problem, we risk a severe worldwide downturn unlike anything we have seen since the 1930s. The necessary policy actions involve aggressive macroeconomic stimulus. Fiscal policy should ideally focus on tax cuts and infrastructure spending. Central banks are already cutting interest rates left and right. Policy interest rates around the world are likely to head toward zero; the United States and Japan are already there. The United Kingdom and the euro zone will eventually decide to go most of the way. Steps must also be taken to recapitalize and re-regulate the financial system. Huge risks will remain as long as the financial system remains on government respirators, as is effectively the case in the US, UK, the euro zone, and many other countries today. Most of the world's largest banks are essentially insolvent, and depend on continuing government aid and loans to keep them afloat. Many banks have already acknowledged their open-ended losses in residential mortgages. As the recession deepens, however, bank balance sheets will be hammered further by a wave of defaults in commercial real estate, credit cards, private equity, and hedge funds. As governments try to avoid outright nationalization of banks, they will find themselves being forced to carry out second and third recapitalizations. Even the extravagant bailout of financial giant Citigroup, in which the US government has poured in $45 billion of capital and backstopped losses on over $300 billion in bad loans, may ultimately prove inadequate. When one looks across the landscape of remaining problems, including the multi-trillion-dollar credit default swap market, it is clear that the hole in the financial system is too big to be filled entirely by taxpayer dollars. Certainly, a key part of the solution is to allow more banks to fail, ensuring that depositors are paid off in full, but not necessarily debt holders. But this route is going to be costly and painful. That brings us back to the inflation option. In addition to tempering debt problems, a short burst of moderate inflation would reduce the real (inflation-adjusted) value of residential real estate, making it easier for that market to stabilize. Absent significant inflation, nominal house prices probably need to fall another 15 percent in the US, and more in Spain, the UK, and many other countries. If inflation rises, nominal house prices don't need to fall as much. Of course, given the ongoing recession, it may not be so easy for central banks to achieve any inflation at all right now. Indeed, it seems like avoiding sustained deflation, or falling prices, is all they can manage. Fortunately, creating inflation is not rocket science. All central banks need to do is to keep printing money to buy up government debt. The main risk is that inflation could overshoot, landing at 20 or 30 percent instead of 5-6 percent. Indeed, fear of overshooting paralyzed the Bank of Japan for a decade. But this problem is easily negotiated. With good communication policy, inflation expectations can be contained, and inflation can be brought down as quickly as necessary. It will take every tool in the box to fix today's once-in-a-century financial crisis. Fear of inflation, when viewed in the context of a possible global depression, is like worrying about getting the measles when one is in danger of getting the plague. The author is a professor of economics and public policy at Harvard University and was formerly chief economist at the IMF
经济危机的英文
Fall into/get into /run into /plunge into financial crisis
经济危机（economic crisis）失业者（the unemployed）全球性危机（global crisis）下岗 (lay-off)消费习惯（consuming habits）月光族（Moonlite）经济危机 economic crisis/ financial crisis/ financial turmoil/financial meltdown经济不景气 recession/ bleeding economy/ depression/sluggish economy萧条期 slump失业 lose one’s job/ be unemployed/ be redundant失业加剧 job losses mount/ unemployment climb失业人数 jobless number找工作 seek employment找工作者 job seeker严峻的就业形势 a tough job market欠薪 withhold wage减薪 salary cut信心下滑 confidence slump经济复苏 economic recovery经济危机的影响 the crisis’ fallout
经济危机 crisis后经济危机 post-crisis后经济危机时期post-crisis era
get into the trouble of economy
经济大危机的英文
Financial CrisisFinancial Storm
Financial crisisFinancial crisisGuobiao Wu
economic crisis：n.经济危机
financial crisis 金融危机financial [faɪˈnænʃ(ə)l] 财政的 金融的crisis [ˈkraisis] 危机 危急时刻注意美国大萧条是 great depression
关于经济危机的英语作文
The financial crisis in the "butterfly effect" under the rapid spread of the world. From the United States to China, from Wall Street to the Pearl River Delta, from manufacturing to high technology, from the white-collar workers, are subject to severe financial crisis. Many enterprises in the customs, stop, close, to many white-collar workers laid off, a lot of migrant workers, miners were forced to return home, many university graduates means that the unemployed. A month later in 2009 is the Year, I do not see the well-being of firecrackers, fireworks and romantic, looking forward to the New Year. See more entrepreneurs, managers, workers fear, confused, helpless look. Blessing in disguise, Yan Fu Huo know? The escape came, unable to retain the go. Nothing in the world are the development of the wave-like, there is bound to have peaks and troughs, there are bound to have peaks and troughs. Rare in the face of the economic crisis, many companies have chosen to shrink the front, the defensive; a lot of people tighten up the pocketbook and spending. Enterprises do not only offensive defense, when you prepare defense means that when you start back. Live at home, hand in half a cent to spend, to save money is in, only more money in order to change the quality of life. Fear, confusion and helplessness to escape, defense and reduce costs so that you will only make matters worse situation. Only offensive, Endeavor, protest, moving trend is the best choice and to deal with. Be it business or personal, we must first fully understand the seriousness of the crisis and persistent. There are not trusting to luck that the crisis will not affect you. Qingchao, no eggs will survive? Only early and late, and light weight. The crisis in the latter part of the most difficult, yet now, do not feel that they are very strong, Do not have to die before the crisis to attack. First of all, as entrepreneurs have to consider cash flow problems. To allow the closure of the fastest growing companies is not a loss, cash flow is drying up. Cash flow and the size of the enterprise, profit, non-well-known and well-known does not matter. The more large enterprises and the more well-known enterprises to pay attention to cash flow. Peace for too long, high-speed economic development in a long time, too much of their profits into the business after the expansion of fixed assets. Not on account of the funds to prepare for the winter. So rare to meet the financial crisis, the fall is often the fastest growth and expansion of the fastest-growing businesses. Not ready for the winter clothes, even if you have a nice summer, winter, you will still frozen to death. The three major . auto giant is the cash flow is drying up and in serious danger together. To have the opportunity to live. Crisis, the crisis in the organic. This opportunity is not often. This is sufficient funds at the lowest cost of business, merger, the best opportunity for expansion. Small business is the best time to catch up with large enterprises. Peace and prosperity in a variety of small businesses such as the allocation of resources are not large enterprises. Want to go beyond talking the same large enterprises. In front of the crisis, many large enterprises for the steady development of layoffs, shrinking front. Small business must learn how to Zoupian Jian Feng, to take the initiative. Gambling may be dead, may also develop. And so on, a dead end. As a working group, during the crisis, so as not to resign, not-for-work, not to change jobs. A large number of business failures, layoffs, a large number of returning migrant workers, next year there are nearly 1,000 million university graduates find a job waiting. Be able to do a job that is a very well-being. To resign easy job difficult. Should cherish the current opportunity to work. For are not familiar with the area of greatest temptation not to change jobs easily. Peer different reasons, is the same sales, marketing and selling instant noodles is not the same car. The higher the expectations, the greater the disappointment factor. Of course, if you have the ability to trade irreplaceable, but this time is an opportunity. In the face of crisis often need a hero. To ask whether he is a hero?
The recent upheaval in the financial sector has some people in a panic, most people bewildered, and others busy aiming their pointer fingers at whomever they think is guilty of doing something that contributed to this problem. The presidential candidates are in the latter category. They aren’t quite sure what to do or what to say, but that doesn’t stop them from saying something, anyway. John McCain made a decisive statement, attempting to show leadership, but his statement was not a very smart one. Barack Obama, by contrast, simply blamed Republicans. Few things are as simple as politicians make them seem in an election year. Political candidates succeed by issuing pointed statements that are easy to understand and that connect with voters; truth and accuracy are not the primary concerns. The important thing right now is to figure out what actually happened in the financial sector, and fix things so it can’t happen again. We must ignore the tremendous amount of speculation about what “might” happen, and the doom and gloom soothsayers who tell us that the sky is falling or that the end of the world draweth nye. Because of its complexity the current financial situation invites simple political messages that connect with voters; it does not lend itself to full explanations that illuminate. So, when Sen. Obama says that “it’s the Republicans’ fault,” he is expressing a simple idea that a lot of people buy into, but doesn’t explain anything. It is a silly oversimplification unworthy of a man who would be President. It appeals to emotional prejudices and ignores inconvenient realities, and most important of all, it is just plain wrong. When Sen. McCain suggested that Securities and Exchange Commission head Christopher Cox didn’t do his job, and if he were president he would fire Mr. Cox, the Senator didn’t offer specifics. We’ll know more about Mr. Cox’s role as time passes and we learn more of the details, and can then judge if Mr. McCain’s simple message to voters about firing Chris Cox was a proper evaluation of the situation. Sen. Obama described the current agony as "the most serious financial crisis since the Great Depression,” ignoring all the recessions since then, even the ones in the 80s and the one following the 9-11 attacks, both arguably more serious crises. Of course, it remains to be seen just how serious this problem will ultimately be, but given Mr. Obama’s abysmal understanding of things economic, we would do well to take his prognostications with a grain of salt. The root of this problem is the housing market’s subprime loan crisis. A subprime loan is a loan made to someone who under normal circumstances would not qualify for a loan, based upon their income and their ability to make payments. That begs the question: Why would a bank make a loan to someone it believes is unable to make the payments? The Community Reinvestment Act (CRA) was given life during the Carter administration, and empowers four federal financial supervisory agencies to oversee the performance of financial institutions in meeting the credit needs of their entire community, including low- and moderate-income neighborhoods. Whenever an institution wants to make virtually any change in its business operation, such as merging, opening up a new branch, or getting into a new line of business, it must first prove to regulators that it has made ample loans to the government's preferred borrowers, those in low- and middle-income neighborhoods who normally would not qualify for a loan. Lenders with low ratings can be fined by the government. The Carter administration used tax dollars to fund numerous "community groups" that helped the government enforce the CRA by filing petitions against banks whose “cooperativeness” didn’t measure up, and sometimes stopping their efforts to expand their operations. Banks responded by giving money to the community groups and by making more loans. One of those organizations was the Association of Community Organizations for Reform Now (ACORN). An active associate of ACORN in the 90s was a young public-interest attorney named Barack Obama. So, starting in 1977 the federal government began “encouraging”—perhaps “strong-arming” is a more accurate term—banks to make loans to people to whom they normally would not make a loan, and in 1995 the Clinton administration pushed through revisions to the CRA that substantially increased the number and amount of these loans. All of the bad loans weren’t caused by the CRA, of course, but billions of dollars in CRA loans did go bad, as should have been expected. When Fannie Mae and Freddie Mac came along and made it possible for banks to escape the risk associated with these ill-advised loans, conditions were just right for a large portion of the banking industry, even institutions that did not fall under the CRA, to become involved in making loans to unqualified borrowers, and banks participated in big numbers. The federal government’s fingerprints are all over this crisis, and the Democrats who are today so righteously indignant and blaming the administration are at least as guilty as the Republicans. James H. Shott, a resident of Bluefield, Va., is a Bluefield Daily Telegraph columnist. He blogs at Observations
living conditions of people all over the world would sharply descend as soon as financial crisis breaks out if nothing is done to heal the golobe economic system. the latest one broke out months ago from the US and has been spreading quickly to China, the largest developing country in the world,where thousands of plants along the eastern coastal cities have bankrupted since the crisis broke out
第1篇
EVEN by the standards of the worst financial crisis for at least a generation, the events of Sunday Spetember14th and the day before were extraordinary. The weekend began with hopes that a deal could be struck, with or without government backing, to save Lehman Brothers, America’s fourth-largest investment bank. It ended with Lehman’s set for Chapter 11 bankruptcy protection and the bank preparing to wind itself up after those efforts failed. Other vulnerable financial giants scrambled to sell themselves or raise enough capital to stave off a similar fate. Merrill Lynch, the third-biggest investment bank, sold itself to Bank of America (BofA), an erstwhile Lehman suitor, in a $50 billion all-stock deal. American International Group (AIG) brought forward a potentially life-saving overhaul and went cap-in-hand to the Federal Reserve.
即使以至少一代人所经历的最坏的金融危机的标准来看，上周六及周日(9月14日)的事件仍是非同寻常的。那个周末开始于拯救美国第四大投行雷曼兄弟的交易有望达成，无论有或者没有政府的支持。然而却以雷曼兄弟的所有努力均告失败后，根据美国破产法案第11章申请破产保护而告终。其它脆弱的金融巨头同样努力地将自己卖出或是筹集足够的资金以避免与雷曼相同的命运。第三大投行美林以500亿美元全额换股交易将自己卖给了以前雷曼的收购者–美国银行。美国国际集团(AIG)正在提出一个潜在的挽救重整方案，并且毕恭毕敬地照美联储脸色行事。
On Sunday night the situation was still fluid, with bankers and regulators working to limit the fallout. They were girding themselves for a dreadful Monday in the markets. Australia’s stockmarket opened sharply lower on Monday (most other Asian bourses were closed). American stock futures were deep in the red too, and the dollar weaker. Spreads on risky credit, already elevated, widened further.
在周日晚上，形势仍然非常不明朗。银行家们和监管者都在努力减小这次事件的辐射影响。他们准备应付非常糟糕的”黑色星期一”。澳大利亚股市周一大幅低开(其它大多数亚洲股票交易所都停牌了)。美国股指期货下跌非常厉害，同时美元汇率也走低。已经很高的信贷风险的息差变得更高
第2篇
The effect of the global financial
The international financial crisis is becoming more and more worse, the impact on the Chinese economy is also further expansion, it even extended into every aspect of example, manufacturing, energy, food, IT… and so on..
From the news,many international companies went bankrupt,and more companies begin to lay off employees, also cancelled the original recruitment plan. Around us, many people can not find a job.
This is a global economic crisis, no one can disregard .Facing the crisis, We can only helpless?No way. Everything has two sides. The financial crisis also let investors concer about the long-term growth prospects field. For example, the field of new energy. It also provides China opportunities of increasing the input of new energy.
We will use their wisdom, potential, and find the way to overcome it. This is the only way to minimize crisis, also can be safely in this crisis.
我刚刚自己写的，希望对你有用。
