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America. Think of the downward spiral like in the Great Depression.
If you mean who made it happen, it's really a matter of opinion. Some say Obama made this happen to us (which I don't believe because I'm an Obama fan, and I think they're just frustrated with the crisis).
Wiki User
∙ 13y ago
Wiki User
∙ 10y agoThere is no one person responsible for the global economy crisis. The crisis was caused by a series of bad decisions and wreckless spending by a number of officials that accrued over time leaving us in a world wide economic crisis.
Wiki User
∙ 7y agoUltimately it was a failure of government regulation of banking multinationals and of unscrupulous and illegal activities by bank officials.
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What is a economic crisis?
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
What do you mean by global economic crisis?
in July 2006
Have the latest economic crisis affected Disneyland California?
Yes
What is economic meltdown in relation to global economic crises?
A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.
What event in 1991 led to an economic crisis in Cuba?
The collapse of the Soviet Union led to the economic crisis of 1991 in Cuba. This was due to the close ties between Cuba and the Soviet Union.
Is bank responsible for the recent global economic crisis?
maybe
Do you agree that we are now in the economic and financial crisis?
Yes I do believe we are in a economic crisis
Is high education the solution to economic crisis?
Personally, yes education is the solution to economic crisis.
Is Ireland having a crisis?
yes! economic crisis
When will the crisis over?
You have to be more specific when you are talking about "crisis". Do you mean the economic crisis?
What is the difference between a financial crisis and an economic crisis and which of both affects the other most?
A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.
Does credit have anything to do with economic crisis?
The economic crisis has severely affected the availability of credit. It is also termed as the credit crunch.
The daWES PLAN OF 1924 SHOWED AMERICAS?
concern over Germany's economic crisis
What is a economic crisis?
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
Why did Hitler wanted the Jews dead?
Hitler hated Jews because he believed they caused Germany to lose WW I and were responsible for the terrible economic crisis Germany was in when he took power.
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.?
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.
How do you say crisis in Chinese?
I just learned the phrase for "economic crisis" in class the other day. Economic crisis is: jīngjì wēijī 经济危机 To just say crisis, you would say wēijī 危机
