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.
bad harvest, debt, and deficit spending
Accumulated French debt, a food crisis and the lack of a competent Monarch.
WISH SOME one would answer this so i had some frickn answer to my assignment!! man u yr 12 econ
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
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
Houses and debt in crisis
Wendy Walsh