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Hi, I am looking for someone to write an article on the united states economic Paper must be at least 1750 words. Please, no plagiarized work!
Hi, I am looking for someone to write an article on the united states economic Paper must be at least 1750 words. Please, no plagiarized work! It is thus important to analyze the macroeconomic causes and implications of price increase of commodities, collapse of the housing market and the ensuing financial turmoil. Main Body The global economy is currently in the grip of the maximum macroeconomic uncertainty in the last 25 years because prices of major commodities such as corn, coal, natural gas and oil have been consistently increasing in being triggered partly by the rapid increase in demand in developing countries such as China and India. However the prices in the housing sector, especially in the US have been declining. Housing prices in the US have fallen by almost 25 percent in relation to the 2006 peak period. The consequent financial turbulence that overwhelmed the world economy after September 2007 continues to retain its intensity in adversely impacting several sectors in the US economy. Although a number of economic forces have worked in creating this adverse macroeconomic situation, the two main causes have been the increase in the prices of basic commodities and the quick weakening of the housing market.