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.
unable to repay ones debt
Greece and Portugal.
Houses and debt in crisis
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.
Government taking money
Accumulated French debt, a food crisis and the lack of a competent Monarch.
bad harvest, debt, and deficit spending
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
WISH SOME one would answer this so i had some frickn answer to my assignment!! man u yr 12 econ
yes
unable to repay ones debt
Greece and Portugal.
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
Europe's Debt America's Crisis - 2012 TV was released on: USA: 9 September 2012
excess debt and credit
Wendy Walsh
Houses and debt in crisis