What are the causes of the sub prime meltdown?

Answer "Subprime meltdown" refers to the widespread mortgage defaults among subprime homebuyers starting around 2006. Defaults spread beyond the subprime market, leading to the collapse of housing prices.... Read More »

Top Q&A For: What are the causes of the sub prime meltdown

What is more efficient, having one prime mover in a locomotive, or multiple prime movers?

That depends on the usage of the locomotive.If the locomotive is used almost exclusively at higher load levels with seldom idling, then a single large prime mover is more efficient, as each prime m... Read More »

What is an autistic meltdown?

Autism is a common disability affecting children. The disorder causes behavioral and developmental problems, one of which is outbursts. The outbursts are generally referred to as autistic meltdowns... Read More »

What is a global economic meltdown?

In 2007 and 2008, the U.S. housing market collapsed amid a wave of defaults by homeowners. Fueled by globalizing trends that drew the world's economies closer together, the crisis went worldwide, a... Read More »

What is the definition of nuclear meltdown?

A nuclear meltdown is an accident that occurs at a nuclear power plant that involves the extreme overheating of the nuclear reactor core, causing a leak of radiation and possible environmental dang... Read More »