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What is the cause of financial crisis in the world?

In: Business & Finance [Edit categories]

Answer:

excess debt and credit

First answer by ID0416493261. Last edit by ID0416493261. Question popularity: 1 [recommend question].

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What are the causes of the global financial crisis?
Debt WarCrudeGovernmentCurrency
What causes global financial crisis?
well, according to recent studies, reckless banking policy and practice is the most probable cause for global financial crisis.
Why is the world having this financial crisis?
The Subprime Mortgage Crisis is an ongoing economic problem that has become more apparent in 2008 and has resulted in reduced liquidity in the global credit market and also the banking &...
Solution for world financial crisis?
150 years ago the world currency was GOLD and SILVER. With the help of paper currency the economic activities rises and the development of the world comes to this stage. GREED was the major factor,...
What causes the financial crisis?
Inflation and the natural boom-bust cycle of capitalism.