An Analysis of Training Rates and Expenses Post-Global Financial Crisis

The global financial crisis that began in 2007-2008 was catastrophic. With the total collapse of major financial institutions, crashes in the stock market and bank bailouts, the crisis resulted in unemployment, homelessness and the rapid decline of monetary value. Many financial analysts and economic experts agree that it is the worst financial crisis since the Great Depression of the 1930s. Six years since the ultimate collapse of the Lehman Brothers, the ripples and after-math of the crisis can still be felt throughout the world economy. The crisis was the single largest and most severe financial event in modern history and has reshaped the world of investment and finance today.