The current economic crisis reflected in media

Authors

  • Titus Suciu Transilvania University of Brasov, Romania

Keywords:

speculative bull, crash, stock market correction, leverage, ‘Ninja’ loans

Abstract

This paper deals – in its former part – with three concepts: speculative bull, stock market crash, and stock market correction. As a rule, the bulls are considered to be the cause and the stock market crashes the effect of the bulls. In Romania, the financial crisis is the consequence of the overrated consumption generated by credits. As with any other thing generated by credits, consumption must be paid as well. Unfortunately, the payment must be done in the conditions of the international crisis, so it will cost more. The payment deadline is an inevitable thing, anyhow.

Author Biography

Titus Suciu, Transilvania University of Brasov, Romania

Department of Finance, Accounting, and Economic Theory, 

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Published

2010-11-24

Issue

Section

MARKETING