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The global financial crisis

The Global Financial Crisis which is caused due to USA

The global financial crisis, generally denoting the US 2008 great recession was caused by numerous factors, all taking place simultaneously and at the end led to a severe decline in the entire global economy .Financial crisis are usually characterized by declined inflations and rising rates of unemployment. These financial states follow periods of high growth in economy also referred to as boom. Yet the greater the boom, the greater the downturn and the severe the results of the crisis.

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