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  • Financial crisis - Wikipedia
    A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics Other situations that are often called financial crises include stock market crashes and the bursting of
  • 1997 Asian financial crisis - Wikipedia
    The Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion The crisis started in Thailand (known in Thailand as the Tom Yum Goong crisis; Thai: วิกฤตต้มยำกุ้ง) with the financial collapse of the Thai baht after the Thai
  • Financial crisis of 2007–2008 - Simple English Wikipedia . . .
    The financial crisis of 2007–2008 was a major financial crisis, the worst of its kind since the Great Depression in the 1930s In September 2008 many large financial firms in the United States collapsed, merged, or went under conservatorship (a person is assigned to manage a company when it cannot manage itself) The factors that led to the crisis were reported in business journals many

















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