World Politics Central

They take their business overseas, thus extending the reach of Wall Street beyond the country’s borders even if it were so discrete, with little mention of any Wall Street Connections. The markets became unstable and investors began to pullout their money, these financial institutions react by pulling their foreign investments in, so suddenly these businesses rarely had ample time to get alternative funding. They turn to their government who borrows more form the IMF and from other bigger banks including foreign. The market continues to crash back home and more cash is pulled out of circulation till there is none, the only beneficiaries, the biggest investors for they had so much of a stake they kept up to the minute tabs on their investments, pulling out at the slightest hint of such a disaster.
Overseas financial institutions hit, local financial markets hit, then comes the housing crisis to which banks also had a stake, the fall was simply so massive nobody could react fast enough to do anything to stem the collapse. The investment firms continue pulling money to more overseas investments from which they couldn’t get anymore, back home with much of the money of big investors gone, they also have no more cash to pull out, the whole system collapses into one big heap and nobody can fix it. Nobody for the amount of cash involved amounts to the trillions if not more, the subsequent collapse of other markets result in a cascading effect that suddenly brings the economy from boom to doomed, but there is hope, for it is something that costs nothing and plenty of people have lots of (it’s all they have left) for they have nothing else to do.