Economic Crisis-US
Economic Crisis-US The current economic crisis of the US affected the company and business environment to larger extent. The main cause for this was US subprime loan and debt ceiling and crisis. The question arises how high US debt levels would hurts Americans, the answer is obvious that there is much risk due to high US debt levels risk. The different companies react differently towards the situations of the financial disturbances. The companies who react quickly can minimize their risk otherwise they will disappear. The articles throw some light on the problem http://www.heritage.org/research/reports/2013/02/how-the-united-states-high-debt-will-weaken-the-economy-and-hurt-americans Higher Interest Rates High cost of living due to higher interest rates on mortgages, car loans, and other loans making the families harder to borrow Business houses have to work hard to build the financial security so that they cannot concentrate on the primary function that is ma