Top 9 Greatest Dangers In The World - Page 2 of 9 - 9facts

Top 9 Greatest Dangers In The World

#2. Global financial crisis

Global financial crisis - Top 9 Greatest Dangers In The World

A financial crisis can occur if institutions or assets are overvalued, and it can be exacerbated by irrational investor behavior. A rapid string of selloffs can further result in lower asset prices or more savings withdrawals. A crisis can cause an economy to go into a recession or depression. Any rolling emerging-market debt crisis would cause considerable panic across the global capital markets. Can require governments in several economies to step in to shield their banks from the fallout.

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