What is the main cause of the current economic crisis?

Let’s learn what is the main cause of the current economic crisis. The most accurate or helpful solution is served by Yahoo! Answers.

There are ten answers to this question.

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What do you believe is the cause(or causes) of the current economic crisis?

I've been arguing about this with a few friends (I won't name the sides) and I wanted to know what you guys thought

Answer:

I think there's several causes for the current economic crisis. First of all, there's the war in Iraq...

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Madame M at Yahoo! Answers Mark as irrelevant Undo

Other solutions

Answer:

The mortgage collapse was the final "straw that broke the camel's back", but this is merely...

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community wiki at wiki.answers.com Mark as irrelevant Undo

Answer:

The Subprime Mortgage Crisis is an ongoing economic problem that has become more apparent in 2008 and...

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Answer:

Ok if you really want to know I will break it down for you in laymans terms. It has everything to do...

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Zenmeist... at Yahoo! Answers Mark as irrelevant Undo

What is the cause of the 2008 global economic crisis?

I know it's got to do with the Lehman Brothers, something about the credit crunch or the credit bubble bursting, and it sparked off this whole global economic crisis. But the terms are rather alien to me, what exactly happened to cause such a catastrophe...

Answer:

Lots of reasons. Oil prices, war, a grossly under-regulated American banking system. The crisis began...

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Choo at Yahoo! Answers Mark as irrelevant Undo

Answer:

To answer your question simply, it is the implementation of policies that impede the natural flow of...

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wiki.answers.com Mark as irrelevant Undo

Answer:

Neal Boortz says that while the politicians want to blame mortgage brokers and lenders, the blame really...

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Anonymous at ChaCha Mark as irrelevant Undo

Answer:

Hi Linda. First we have to understand that the economic crisis goes deeper than money issues. The global...

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Linda_Br... at Yahoo! Answers Mark as irrelevant Undo

Answer:

edi isearch nyo na lng din ang hirap kayang sagutin yung tanong na yun..

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community wiki at wiki.answers.com Mark as irrelevant Undo

Answer:

Corporate and bank greed are the main cause of the economic crisis - high interest rates and unpayable...

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Jonathan M. at ChaCha Mark as irrelevant Undo

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