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❶The essence of the crisis is the topic that many economists and financial experts discuss. Aguilera states that we all at some point in our lives will find an inability that denies us from solving a problem.

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Writing an Essay about Financial Crisis


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There are numerous aspects that contribute to the development of the financial crisis. Undoubtedly, they are different for every country, but still there are common patterns as well. People borrow more money from banks than they can afford. The bank is bound to failure if all depositors ask their money back simultaneously, which happens very rarely, but still is seen in the modern days. Fractional reserve banking does not prohibit to access free money.

Thus, the government seems to be too generous since it funds numerous programs and promises to improve the life of ordinary people. The most common reason of financial crises is the easy credit expansion, which provokes the outbreak and boom cycles. Back-up the money with real commodities. All monetary savings should be backed by silver or gold since precious metal will always be invaluable. There is a need to realize that silver and gold are money that are of high interest for the market, whereas fiat money — for the government.

Do not allow government to interfere in the banking process. Usually, governments make the unfavorable manipulations with issuance money. Establish gold as a global currency in order to predict possible government moves and manipulations. Introduce free-banking system supported with gold. Such a step will predict possible crises and eradicate the essence of the issue. The steps presented above are possible ways to cope with the global crisis and improve the economic situation in certain countries.

There are certain rules students have to realize when they are given a task to write about a financial crisis. Understanding of the crisis roots is very beneficial while presenting possible solutions to the issue. Do not forget to narrow down your topic to a specific field or industry that was affected by the crisis. For instance, how the financial crisis influenced the food manufacturing? Our online writing company has a team of talented and skillful writers who can create any essay for you at a cheap price.

You can indicate any deadline — from 4 hours till several weeks. Moreover, our prices are affordable for every student. The exploitation phase will be where the client makes full use of the services provided for them. This is an engagement theory that is, although modified, still widely used throughout nursing today. The person centered approach was proposed for new humanistic ideas for counselling.

It was created to diminish the generalization that the professional knew everything about the client. This approach states that if a safe psychological environment existed then all people would naturally move towards greater awareness and have a better fulfillment of their potential Rogers, Rogers also stated that there are core conditions needed as professionals in order to effectively engage with an individual and successfully bring a therapeutic change.

These are; empathy, unconditional positive regard and congruence. Creating unconditional positive regard shows the individual in crisis that we are accepting the whole of them, and that we are completely non-judgemental.

Developing congruence means that we as professionals are not hiding behind a facade or a front. These are all very important skills that need to be adapted and somewhat perfected when engaging with individuals in crisis, as it can help build sociability, trust, empathy and compassion that is key when discussing sensitive and more than often very private issues in that individuals may not be comfortable in sharing.

This can be described as six interventions and non-interventions to help us as professionals have a greater understanding of how to interact with others in different situations that may arise. Heron states that an intervention must seek to address the current psychological needs and have an effect upon the client e.

If all of these are met then it will be deemed as an appropriate intervention. When first engaging with Dennis during his assessment he appeared very subdued and slightly hesitant to talk to me, as he stated he has never has contact with mental health services before, making him nervous and uneasy.

I reminded Dennis that all individuals need help through difficult situations and that was perfectly normal. After talking for 20 minutes Dennis appeared slightly more relaxed and was able to talk about positive factors in his life. In this example I could also use a catalytic intervention, which is a facilitative approach, to help Dennis learn, develop and problem solve by encouragement.

Using the theories on engagement stated above I believe a more effective engagement process can be used when interacting with those individuals experiencing a crisis, as it allows the professional to have a more empathetic approach whilst using different engagement approaches suited to the individuals needs.

Whilst engaging with the individual in crisis it is also important to implement risk assessment. Engagement with the client in crisis can give us a greater idea of how to assess their risk but also how to manage risk in their period of crisis.


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The Buddhist Crisis as a Turning Point in the Vietnam War Anonymous March 24, There were several events during the Vietnam War that can be considered “turning points”, which can be described as the occurrence of an event that changed the course of history.

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