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crisis

From a strictly practical point of view!

For most of us, the economic crisis has a negative connotation. Job losses, excessive inflation, bankruptcies and business, loss of purchasing power of consumers. In short, all significantly reduces the quality of life for the majority of citizens during...

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From a strictly practical point of view!

For most of us, the economic crisis has a negative connotation. Job losses, excessive inflation, bankruptcies and business, loss of purchasing power of consumers. In short, all significantly reduces the quality of life for the majority of citizens during...

Read more

What's the Crisis? And the Worldwide Recession?

What's the Crisis? And the Worldwide Recession?

The global economic crisis is a temporal phenomenon which we can rarely escape. For a decade, we lived close to a dozen recessions which have had significant impact worldwide. According to Wikipedia, an economic crisis is defined as: An economic crisis...

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A little bird told me...

The American Great Depression of 1929: Everyone has heard of this economic crisis triggered by the dramatic black Thursday October 24, 1929, day when the biggest stock market crash occurred. After this tragedy, the world suffered the greatest financial...

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A little bird told me...

The American Great Depression of 1929: Everyone has heard of this economic crisis triggered by the dramatic black Thursday October 24, 1929, day when the biggest stock market crash occurred. After this tragedy, the world suffered the greatest financial...

Read more

Definition

The global economic crisis is a temporal phenomenon which we can rarely escape. For a decade, we lived close to a dozen recessions which have had significant impact worldwide. According to Wikipedia, an economic crisis is defined as: An economic crisis...

Read more