The Financial Crisis of 2007 – 2009, economics homework help

​The Financial Crisis of 2007 – 2009 was the worst economic downturn since the Great Depression ofthe 1930’s, and like that event had global repercussions andconsequences. Could the crisis have been prevented or significantly mitigatedby better bank supervision?The justification for low interest rates is no longer to savebanks, but instead to goose the stock market as an indirect way tocreate jobs. And now, mutual and hedge-fund managers are scramblingtheir brains trying to figure out when rates will rise, trying tooutguess the Fed and other investors. So what is your take on the timingof this turn?​Housing Starts after suffering their worst collapse in decadesappear to have bottomed out two years ago and once again are recovering. Is the American Dream like the mythical Phoenix rising from the ashes? Your take!​Monetary policy in the US, especially the desire to increaseinterest rates at some time soon, will have international repercussions.One of these will be to strengthen an already strong dollar. Please discuss the consequences of such an interest rate riseon the US economy, taking into consideration the global ramifications.​