INTERESTING FACTS WORLD

Incredible and fun facts to explore

Economic Crisis facts

While investigating facts about Economic Crisis In India and Economic Crisis 2008, I found out little known, but curios details like:

In 2012 Switzerland carried out a wargame based on the scenario that France had divided into multiple countries after a political and economic crisis. One country, "Saonia," hypothetically invaded Switzerland to retrieve stolen money stashed in Swiss banks.

how economic crisis happen?

The "Gold-Collecting Campaign" in South Korea where the general public donated personal treasures worth over $2bn to help the country through the economic crisis of 1997

What economic crisis happened in 2008?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what economic crisis of 2008. Here are 25 of the best facts about Economic Crisis 2019 and Economic Crisis In Pakistan I managed to collect.

what economic crisis triggered the french revolution?

  1. Mexican president José López Portillo made a speech asking for forgiveness over his mistakes as President and the economic crisis. He famously broke in tears during his speech after asking for the forgiveness of Mexico's poor

  2. The majority of Venezuelans lost weight in 2017. 75% (about 23 million people) lost on average 19 pounds (8.6 kgs) due to their country's ongoing economic crisis

  3. John Brown moved his family to Franklin Mills, Ohio, in 1836. He suffered massive financial losses again in 1839 during the economic crisis.

  4. A spike of more than 10,000 suicides between 2008-2010 has been linked to the economic crisis by the British Journal of Psychiatry

  5. 634 US dollars is the top prize for "Who Wants to be a Millionaire" in Venezuela, due to their economic crisis.

  6. French Prime minister Guy Mollet proposed a Franco-British Union with Elizabeth II as head of state in 1956 during the Suez Crisis, however british prime minister Anthony Eden rejected the proposal and instead France went on to join the European Economic Community, later the EU

  7. Warren Buffet predicted a wide-scale economic event while discussing the dangers of derivatives 6 years before the financial crisis

  8. India's vulture crisis, where a cattle drug administered throughout the 90s and early 00s has decimated the vulture population. Only ~1% remain, and it has serious environmental, health, economic, and religious ramifications.

  9. Malmo, Sweden, was highly affected by the 1990s economic crisis and is now one of the most cosmopolitan cities in the region, with over 170 different nationalities and 30% of its inhabitants are foreign-born

  10. how to manipulate the desperate admist a global economic crisis.

economic crisis facts
What economic crisis meaning?

Why economic crisis happen?

You can easily fact check why economic crisis in india 2019 by examining the linked well-known sources.

One of the few people who predicted (in 2006) the 2007-2008 financial crisis (and warned about it loudly and early) is still ridiculed by the majority of pundits and economic strategists, and he is now forecasting a recession that is an order of magnitude greater.

Today I learned how to manipulate the desperate admist a global economic crisis. - source

Despite economic crisis, Venezuela's beauty pageants remain popular. The country has won a record seven Miss Universe and six Miss World titles - source

The diagnosis for the different economic crisis in Japan, U.K., U.S., Europe, and Germany from 2001 to 2015 (Richard Koo, chief economist, Nomura Research Institute )

In 2009 (R)Sen. Arlen Specter switched political parties mid-term. It tipped the scales allowing passage of the Affordable Care Act & the Economic Stimulus Package. Had Specter not switched parties, it is likely Republicans would have filibustered both bills, extending the US economic crisis. - source

What to do when economic crisis?

Due to the economic crisis, the average Venezuelan lost 24 lbs in 2017. Poverty has risen from 28% to over 90%.

How did europe respond to the economic crisis?

The sinking of the S.S. Central America, a ship loaded with gold from the California gold rush, contributed to the Panic of 1857, an economic crisis that effected countries worldwide.

The Mali king Mansa Musa gave away so much gold on a pilgrimage to Mecca that he inadvertently caused an economic crisis.

The Nepal fuel crisis where only 5 to 10 fuel trucks are entering a day because of an undeclared blockade causing a severe economic hit and hindering aid for the recent earthquake.

When oil prices collapsed in the 1990s the economy soared. Everybody was happy except oil companies. In 1998 George H. W. Bush visited Saudi Arabia. 2 months later the Saudis led a massive OPEC price increase, causing an economic crisis that helped his son, George W. Bush, get elected in 2000.

5.5 million American jobs were lost due to slower economic growth during the 2008 financial crisis than what was predicted

When is the next economic crisis?

Electronic Arts Inc stock opened stocks at $0.52 in 1989, slowly inclined to $64.49 by 2005, plummeting to $16.04 due to the 2008 economic crisis, and is now at an all time high of $121.50 in August 2017.

The current economic crisis in Venezuela has caused a greater drop in national and per capita GDP than the Great Depression did in the United States.

This is our collection of basic interesting facts about Economic Crisis. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Economic Crisis so important!

Editor Veselin Nedev Editor