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Category: Economics

California Budget Problems

California is the richest and most populated "Golden State" of the United States of America. It is home to about 80 billionaires and 660 thousand millionaires. In the early twenty-first century, the crisis on the high-tech market gave a severe blow t...

Greek Crisis

1. The difficult situation Greece has been facing was caused by a number of factors that were primarily predetermined by the attempts of the country to join the European Union and further incompetence as well as deceit of its government. Firstly, the...

Argentina Economic Crisis

Introduction In December 2001, Argentina’s economic crisis began. A wave of strikes and anti-government demonstrations swept over the country. Dozens of people were killed, and hundreds were wounded. Economic collapse provoked acute political crisi...

The Eurozone Crisis

The Eurozone Crisis is a debt crisis, which at first hit the peripheral EU countries (Greece and Ireland), and then affected almost the entire euro area. The crisis of the government bond market in Greece in autumn 2009 was the main source of it. Ref...
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