英语六级作文范文金融危机.pdfVIP

英语六级作文范文金融危机 一般英语作文会给出相关的提示，下面是的作文范文金融危 机，欢迎阅读，仅供大家参考。 The threat of impending financial disasterconcentrates political minds wonderfully. OnThursday a group of Congressional leaders heardHank Paulson, the Treasury secretary, and BenBernanke, the Federal Reserve chairman, paint a direeconomic scenario if they did not approve a moresweeping remedy for the financial crisis. Studentand car loans, not just mortgages, would all beharder to get. The economy would sink into asevere recession. For this reason, ad hoc responses will still be critical, such last week’s federal guarantees formoney- market funds, Fed loans to banks to purchase asset-backed mercial paper and, on Sunday, approval of the remaining two big independent investment banks, MorganStanley and Goldman Sachs, to bee Fed-regulated bank holding panies whoseinvestment bank units can now borrow from the Fed on the same terms as other banks. It could be some time before the Treasury is able to purchase mortgages en masse, andlonger still before that starts to affect the broader financial system and economy. In themeantime, the crisis could claim other victims. Since the financial crisis swept the world, the global economy has sunk into a severe recession. Its hard to get through a day without hearing or reading news about the devastating effects of the crisis: A world of panies go bankrupt, millions of employees are laid off, high-return investment bubbles burst, and huge sums of loans can never be retrieved. Its impact on our daily life can be felt in all walks of life. College students inevitably fall victim to this pervasive slump as well. On top of that, internships and job vacancies are reduced to the minimum as panies keep shrinking. New graduates find themselves hard to get a job, not to speak of a satisfactory one. What es next? Poor students will be hard-pressed if they find student l