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Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/2008–2009_Russian_financial_crisis — Please support Wikipedia.
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How to Fix the Economic Recession: Financial Crisis Explained, Background - Paul Krugman (2009)

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When a country that maintains a fixed exchange rate is suddenly forced to devalue its currency due to accruing an unsustainable current account deficit, this is called a currency crisis or...

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Look Inside My Book!: http://book.themoneygps.com ******************************************************************** My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.th...

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1 news items

 
Rediff
Mon, 04 Jun 2012 22:26:47 -0700

A banking crisis is a financial crisis that affects banking activity. Banking crises include bank runs, which affect single banks; banking panics, which affect many banks; and systemic banking crises, in which a country experiences a large number of ...
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