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Faulty morality and faulty mathematics, Too much money finding its way into the hands of those that have control over but do not contribute to the economic activity of the world. If the consumers are made poor byexcessive demands on the part of the controller's of supply's then eventually supply has to start suffering. So now consumers are forced to use their own money in bailing out the super Rich producers that have been overcharging them, so that they can keep doing the same thing.
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoAs for me It is because War
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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.
Causes of economic meltdown?
it is caused by the disorder in the economy of a nation which later causes the GDP of the particular nation to decrease.there is a link between this phenonenom and the law of diminishing return.
What is Economic meltdown and it relevance in banking industry?
If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
What are causes of the economic meltdown in Nigeria?
Broadly defined, a recession is a downturn in a nation's economic activity. The consequences typically include increased unemployment, decreased consumer and business spending, and declining stock prices. For a full discussion on how it affects Nigeria, see the Related Link below.
What is global melt down?
global meltdown is when the sun is getting closer to earth which causes global heating which then causes global meltdown
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 is the Impact of global economic meltdown on management of employment in Nigeria?
...sorry no can do
What is global economic meltdown in full?
It means the word is facing a recession.
What are the effects of global economic meltdown on Nigeria's banking sector?
More email scams.
What are the solutions to the global economic meltdown?
the enhancement and educaton for the better use of all human and material resources in their countries the increase of food production or agriculture as one of the most convenient solutions to the global economic crisis etc.
What is the effect of global economic meltdown on the family?
I sometimes think this question would be better answered the other way around! That is, "What effect does the 'modern' family structure have on the economic meltdown??" I say that because problems with alternative lifestyles are the very PRIME reason for the economic and unemployment problems of the world. This is, of course, a virtual 'Unknown' to most of the brains trust of the global economic communities, and even if some did realize it, none would have the boldness nor honetsy to tell anyone!!
Causes of economic meltdown?
it is caused by the disorder in the economy of a nation which later causes the GDP of the particular nation to decrease.there is a link between this phenonenom and the law of diminishing return.
What is Economic meltdown and it relevance in banking industry?
If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
The meaning of financial meltdown?
Financial meltdown is another term used for a financial crisis. You can compare the performance of the financial markets with the burning of a candle. The world economy and financial markets were in a bad mess a few months back due to the subprime economic crisis. Investment Banks went bust, home loan foreclosures and defaults were at their peak, stock markets crashed, etc etc
What is economic meltdown is all about?
This has to do with the global reduction of economic funds or money in a state. It has affected countries like Nigeria because of the large number of people who have no link to the economic wealth of our nation and also the high amount of illiterates and money embezzlers in the nation.
Where are all the special functions of the GoldenEye?
It can send out an electromagnetic pulse, causing a global computer meltdown.
