英语演讲稿:3分钟英语演讲稿 经济是英语演讲稿的经典，只要你仔细了解并细心体会其中的技巧，你一定能够做好一个完美的演讲！
【关于经济的三分钟英语演讲稿】
whatcausedthefinancialcrisis?ithinkwecansumupthecauseofourcurrenteconomiccrisisinoneword—greed.overtheyears,mortgagelenderswerehappytolendmoneytopeoplewhocouldn’taffordtheirmortgages.buttheydiditanywaybecausetherewasnothingtolose.
theselenderswereabletochargehigherinterestratesandmakemoremoneyonsub-primeloans.iftheborrowersdefault,theysimplyseizedthehouseandputitbackonthemarket.ontopofthat,theywereabletopasstheriskofftomortgageinsurerorpackagethesemortgagesasmortgage-backedsecurities.
easymoney!andwhatwentwrongwithourfinancialsystem?thewholethingwasonebigscheme.everythingwasgreatwhenhousesweresellinglikehotcakesandtheirvaluesgoupeverymonth.lendersmadeiteasiertoborrowmoney,andthehigherdemanddroveuphousevalues.higherhousevaluesmeansthatlenderscouldlendoutevenbiggermortgages,anditalsogavelenderssomeprotectionagainstforeclosures.allofthistranslatesintomoremoneyforthelenders,insurers,andinvestors.
unfortunately,manyborrowersgotslammedwhentheiradjustablemortgagefinallyadjusted.whentoomanyofthemcouldn’taffordtomaketheirpayments,itcausestheselenderstosufferfromliquidityissueandtositonmoreforeclosuresthantheycouldsell.mortgage-backedsecuritiesbecamemoreriskyandworthlesscausinginvestmentfirmslikelehmanbrotherstosuffer.moreover,insurerslikeaigwhoinsuredthesebadmortgagesalsogotintrouble.theschemeworkedwell,butitreversescourseandisnowcomingbacktohurteveryone