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Government interference in the free enterprise mortgage market. Putting pressure on banks to issue mortgages to unqualified buyers, starting with the Carter Administration and greatly expanded during the Clinton Administration.
Many people spending more than they make thinking because they have credit cards and checks they have money.
What else can I help you with?
What were the causes of the debt crisis in the 1980s?
The debt crisis of the 1980s was primarily caused by a combination of rising interest rates, which increased the cost of borrowing, and a decline in commodity prices that hurt many developing countries reliant on exports. Additionally, many nations had accumulated unsustainable levels of debt during the 1970s, fueled by easy credit and economic optimism. When economic conditions changed, these countries struggled to meet their debt obligations, leading to defaults and a widespread financial crisis in Latin America and other regions.
What is Fiscal Crisis?
unable to repay ones debt
Who started the Euro debt crisis?
Greece and Portugal.
What Factors which led to recession in US?
Houses and debt in crisis
Which is not a way that the European debt crisis adversity impacts the American economy?
The European debt crisis does not directly impact the American economy through the U.S. housing market, as the crisis primarily affects sovereign debt and financial institutions in Europe rather than real estate in the U.S. Additionally, American consumer spending is largely driven by domestic factors, so fluctuations in European debt levels may have minimal influence on U.S. consumer behavior.
What are the causes of the French revoltuion?
Accumulated French debt, a food crisis and the lack of a competent Monarch.
What were causes to the financial crisis in France in the late 1780?
bad harvest, debt, and deficit spending
What are the causes of external debt crisis?
WISH SOME one would answer this so i had some frickn answer to my assignment!! man u yr 12 econ
What is the solution for debt crisis in LDC?
The solution of debt crisis in ldc is to reschedule the debt so as to give the ldc more time to pay for the debt or they can do debt swap which is a clever way of helping ldc to lessen there debts. Valentina from Kenya
Is there a conspiracy behind the debt crisis?
yes
What were the causes of the debt crisis in the 1980s?
The debt crisis of the 1980s was primarily caused by a combination of rising interest rates, which increased the cost of borrowing, and a decline in commodity prices that hurt many developing countries reliant on exports. Additionally, many nations had accumulated unsustainable levels of debt during the 1970s, fueled by easy credit and economic optimism. When economic conditions changed, these countries struggled to meet their debt obligations, leading to defaults and a widespread financial crisis in Latin America and other regions.
What is Fiscal Crisis?
unable to repay ones debt
Who started the Euro debt crisis?
Greece and Portugal.
What is the LDC debt crisis?
LDC debt crisis is where countries can't meet their global financial obligations thus the country is bankrupt. Greece is now in its 5th year
What are the release dates for Europe's Debt America's Crisis - 2012 TV?
Europe's Debt America's Crisis - 2012 TV was released on: USA: 9 September 2012
What is the cause of financial crisis in the world?
excess debt and credit
What Factors which led to recession in US?
Houses and debt in crisis
