T‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍he 2008 global financial crisis began in the United States

T‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍he 2008 global financial crisis began in the United States of America (US) but its contagion quickly spread to key financial center countries such as the United Kingdom (UK) and key trading and creditor countries such as the People’s Republic of China (China). The COVID-19 pandemic brought world economic activity to a historic low. Can the lessons of the 2008 global financial crisis inform a strategic finance plan or a financial rescue package to restart economic growth in the US given the COVID-19 disruptions? · What were the root causes of the 2008 financial crisis? · How did the crisis unfold in the US?/Why did the US economy seize up (credit was not available)? · Why did the contagion spread to the UK? · How did the crisis unfold in the UK? · Why did the contagion spread to China? · How did the crisis unfold in China? · What rescue efforts were undertaken in the US, in the UK and in China? · What role did multilateral Bretton Woods institutions such as the International Monetary Fund play in the economic rescue efforts? · What are the parallels and differences between the 2008 global financial crisis and the COVID-19 downturn? · ‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍ What lessons from the 2008 global financial crisis could be applied to the COVID-19 downturn? · Develop a strategic finance plan or a financial rescue package to restart post-COVID 19 economic growth in the US. The plan or package must address the following issues: target exchange rates (stronger or weaker US dollar), target interest rates, target inflation rates, trade stimulation, tax policies, quantitative easing, debt relief, potential equity positions taken in companies, etc. Contain a minimum of 15 references. And must include reference of these 3 sources Schoen, E. (2017). The 2007-2009 financial crisis: An erosion of ethics: A case study. Journal of Business Ethics . 146 (4) 1-36 Strauss-Kahn, M-O. (2020, May 5). Can we compare the COVID-19 and 2008 crises (Links to an external site.)?. Atlantic Council . Retrieved from Eun, ., Resnick, ., Chuluun, T. (2021). International financial management (9th ed.). pp. 281-310. McGraw-Hill. Document attached · Be formatted according to APA7 Include a title page, introduction, headings, conclusion, and ref‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍erences page.