Causes and Consequences of Systemic Financial Crisis Free Essay Example, 5000 words

Of all the types of risks to banks, the focus here is on liquidity risk, which is the inability to obtain funding to finance operations, though it may be linked to interest-rate and credit risk. Although most of the analysis covers banks, these concepts can also be applied to other financial institutions and even securities markets. Any event, however extraneous, but including runs on or insolvency of other banks can according to Diamond and Dybvig (1983), provoke such runs. Such an effect might be particularly potent for banks, which are creditors of the bank in distress. Runs are also likely when the equity of banks is a small proportion of balance-sheet totals, as depositors fears of moral hazard increase, assuming managers actions cannot be perfectly monitored (L. And, more generally, in the presence of asymmetric information, which arises from banks creation of non-marketable assets, runs may be triggered by any event that makes depositors change their beliefs about banks riski ness. These might include leading indicators of recession or a decline in net worth of a particular class of borrowers. We will write a custom essay sample on Causes and Consequences of Systemic Financial Crisis or any topic specifically for you Only $17.96 $11.86/page

Rhetorical Analysis Of Martin Luther Kings I Have A Dream

Jeicy Brito â€Å"I Have a Dream† Rhetorical Analysis African American Baptist minister and activist, Martin Luther King, Jr., in his â€Å"I Have a Dream† speech, addresses racism against Negros and demands equal rights and freedoms. King’s purpose is to motivate his audience to join him in fighting for what they deserve. He shifts from an urgent, demanding tone at the beginning of the speech to a more hopeful and patriotic tone towards the end. Throughout the speech, Dr. King appeals to the audience’s desire to better their futures by utilizing figurative language, such as similes and metaphors, and rhetorical devices such as repetition and parallelism. In the second paragraph of the poem, King uses a historical allusion to Abraham Lincoln when†¦show more content†¦In the fifth paragraph, King uses repetition of the phrase â€Å"Now is the time† to prompt urgency upon his audience. He wanted to make it known that it was then that they had to take action. At the end of this paragraph, he states, â€Å"Now is the time to lift our nation from the quicksands of racial injustice to the solid rock of brother† (King Jr., Martin Luther). In this sentence, ‘quicksand’ represents a trap the country is stuck in, which he wants to fight to get out of. In order to get out of quicksand, you must do so calmly, which explains why he makes this comparison. He wants their fight for freedom to be calm, avoiding violence in all ways, yet effective. King starts the sixth paragraph stating, â€Å"Now is the time to make justice a reality for all of God’s children† (King Jr., Martin Luther). This is an example of the many times Martin appeals to his audience’s religion as well as his own as a minister. He then goes on to say, â€Å"This sweltering summer of the Negro’s legitimate discontent will not pass until there is an invigoration autumn of freedom and equality† (King Jr., Martin Luther). The purpose of this metaphor, where King compares the Negro’s discontent to a sweltering summer and the gain of their freedom to an invigoration autumn, is to infer that conditions will improve from terrible, as is a sweltering summer, and marvelous, as is an invigorating autumn. Towards theShow MoreRelatedRhetorical Analysis Of Martin Luther Kings I Have A Dream Speech1230 Words   |  5 Pages Rhetorical Analysis Essay on Martin Luther King’s â€Å"I have a dream† speech Professor Hailemarkos Worke ENGL 102 Sefra Belay September 29, 2017 Rhetorical Analysis Essay In Washington DC, on August 28, 1963 was the day that Martin Luther King, Jr. gave his â€Å"I have a dream† speech. According to Kennedy X.J., et al. in their book, The Brief Bedford Reader, Martin Luther King was an American Baptist minister who became the first president of the Southern Christian Leadership ConferenceRead MoreRhetorical Analysis Of Martin Luther Kings I Have A Dream Speech724 Words   |  3 PagesRhetorical Analysis M.L.K â€Å"I have a dream† Speech On August 28th 1963, Civil Rights activist, Martin Luther King Jr. made his infamous â€Å"I Have a Dream† speech. In the speech, King confronts the mistreatment of the African American community and the lack of free will they contain in society. Throughout the mid-1900s, the Civil Rights Movement took place, influenced by centuries of cruelty towards the African Americans.. The most influential speech in the modern era was said in front of thousands ofRead MoreA Rhetorical Analysis on Dr. Martin Luther King’s â€Å"I have a Dream†1051 Words   |  4 PagesOn the epoch of America’s civil-rights movement, Dr. Martin Luther King Jr. gave the supreme exemplification of insurgency through a peaceful march of 200,000 people on Washington D.C. (Anson L.). There he delivered the most powerful speeches of all time known as â€Å"I Have a Dream†. On August 28, 1963, at the Lincoln Memorial, this revolutionary civil rights leader through his stirring speech epitomized an objective for the black inhabitants of the America. His speech had the rationale to move billionsRead MoreRhetorical Analysis of Martin Luther Kings I Have A Dream Speech810 Words   |  4 Pages Martin Luther King’s speech was made after the March on Washington on August 28, 1963. He delivered the â€Å"I Have a dream† speech on the Lincoln Memorial steps. He verbalized this speech to millions of people blacks and whites. This is one of the greatest speeches because it has many elements like repetition, assonance and consonance, pathos, logos, and ethos. Repetition in M.L.K.’s Speech Martin Luther King uses a lot of repetition in his speech. They are scattered throughout but veryRead MoreRhetorical Analysis of Martin Luther Kings I Have A Dream Speech1409 Words   |  6 Pages More than 40 years ago, in August 1963, Martin Luther King electrified America with his momentous ‘I Have A Dream’ speech, dramatically delivered from the steps of the Lincoln Memorial. His soaring rhetoric demanding racial justice and an integrated society became a mantra for the black community and is as familiar to subsequent generations of Americans as the US Declaration of Independence. His words proved to be a touchstone for understanding the social and political upheaval of the timeRead MoreRhetorical Analysis of Martin Luther Kings I Have A Dream Speech852 Words   |  4 Pages I Have A Dream is a mesmerizing speech by Dr. Martin Luther King, Jr. It was delivered to the thousands of Americans on August 28, 1963, during the March on Washington. Aimed at the entire nation, King’s main purpose in this speech was to convince his audience to demand racial justice towards the mistreated African Americans and to stand up together for the rights afforded to African American under the Constitution. To further convey this purpose more effectively, King cleverly makes use of theRead More Rhetorical Analysis of Martin Luther Kings I Have A Dream Speech987 Words   |  4 PagesIn a period of time where few were willing to listen, Martin Luther King, Jr. stood proudly, gathered and held the attention of over 200,000 people. Martin Luther King, Jr.’s â€Å"I Have a Dream† speech was very effective and motivational for African Americans in 1963. Many factors affected Kings’ speech in a very positive manner; the great emotion behind the words, delivering the speech on the steps of the memorial of the President who defeated slavery. And not only was this message beautifully writtenRead More Rhetorical Analysis of Martin Luther Kings I Have A Dream Speech1751 Words   |  8 PagesMartin Luther King Jr.’s â€Å"I Have a Dream† speech was made to thousands of people at the Washington Monument while facing the Lincoln Memorial on August 28, 1963. Dr. King called upon Americas to consider all people, both black and white, to be united, undivided and free. His rhetoric harkened back a hundred years past when the Emancipation Proclamation was enacted during Abraham Lincoln’s term as president which abolished slavery and allowed all people living in America to be equal and have equalRead MoreRhetorical Analysis of Martin Luther Kings I Have A Dream Speech1089 Words   |  5 PagesThe famous â€Å"I Have a Dream† speech delivered by Martin Luther King, Jr. at the historic March in Washington in August 1963 effectively urged the US government to take actions and to finally set up equality between the black and white people in America. Although there were many factors that contributed to the success of the speech, it was primarily King’s masterly use of different rhetorical instruments that encouraged Kennedy and his team to take further steps towards racial equality. King effectivelyRead MoreRhetorical Analysis of Dr. Martin Luther Kings I Have a Dream Speech994 Words   |  4 Pages On August 28th, 1963, Martin Luther King, Jr. delivered a speech to more than 200,000 pe ople during the March on Washington. Kings speech was one of the most influential during the era of the Civil Rights Movement and is to this day recognized as a masterpiece due to its effect on the audience as well as for its eloquence and language. Many components went into this passionate speech that portrayed Kings hopes for racial equality and a brighter future made the speech as moving as it was. It

Slavery in America and Its Consequences free essay sample

The Atlantic triangular slave trade is for many a dark spot in American history and it has left the country, and others, with some deep wounds that are till this day still healing. The massive import of slaves from Africa to America increased greatly during the late sass and is one of the reasons why the current state of Africans countries are far worse compared to European, American and Asian counterparts.Slavery was especially devastating because it decimated the African population, made it vulnerable to colonization, stroked the chances of modernization and brought political fragmentation. African slavery was terribly negative for Africa because it is responsible for transforming Africa into a dependent continent, which it is till this day. The first consequence is the displacement of a huge population and growth rate which couldnt replace the captured slave population.In other words, they sold more slaves than people were born, causing them to lose men. We will write a custom essay sample on Slavery in America and Its Consequences or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This meant the previous societies were permanently altered and African communities would soon cease to exist. The second consequence is the placement of Islamic slavery. Unlike European slavery, Islamic slavery didnt stop; rather it prospered because the middle-east didnt have an industrial revolution like Europe. Its thought that as many people were enslaved in the Eastern slave trade as in the Atlantic slave trade.Its ironic that when the Atlantic slave trade was abolished the Eastern trade expanded, suggesting that for some Africans the abolition of the Atlantic trade didnt lead to freedom, but merely changed their slave destination. The third consequence is the decline of African trade in the world. Since the slave trade thrashed side all other forms of trade and development, Africa was dependent on the slave trade. When the Europeans abolished the slave trade in the mid-sass, poverty rose in Africa because their incomes dried up.There was no Industrial revolution to substitute for the slave trade in Africa, and this paralyzed the continent. The fourth consequence is the personalization (A term used in Marxism to describe the process of an employer becoming the employee, kind of) of African workers for European industries which occurred because migrant workers went to work on European farms and industries. This further destroyed traditional African agriculture economy and lifestyle.Thus traditional African societies no longer existed because their traditional norms vanished during the slave trade. The fifth consequence is the boundaries made by European countries did not match the traditional boundaries and dynamics of African society. This caused a great deal of balkanization that became evident in the post-colonial period. The sixth consequence is Africans dependency for manufactures from Europe and its position as a supplier of raw materials, which has not changed from the colonial period.