Search results
Results from the WOW.Com Content Network
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [2] [1] [3] Long-term effects of the early 1980s recession contributed to the Latin American debt crisis, long-lasting slowdowns in the Caribbean and Sub-Saharan African countries, [3] the US savings and loan crisis, and a general adoption of neoliberal ...
The economy entered a strong recovery and experienced a lengthy expansion through 1990. [3] Principal causes of the 1980 recession included contractionary monetary policy undertaken by the Federal Reserve to combat double digit inflation and residual effects of the energy crisis. [4]
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of approximately a third of the savings and loan associations (S&Ls or thrifts) in the United States between 1986 and 1995.
The economy was in recession in 1981–1983, but recovered and grew sharply after that. The Iran–Contra affair was the most prominent scandal during this time, wherein the Reagan Administration sold weapons to Iran , and used the money for CIA aid to pro-American guerrilla Contras in left-leaning Nicaragua.
Global stock market crash that was caused by an economic crisis in Asia. 1998 Russian financial crisis: 17 Aug 1998 Russia: The Russian government devalues the ruble, defaults on domestic debt, and declares a moratorium on payment to foreign creditors. Dot-com bubble: 10 Mar 2000 USA: Collapse of a technology bubble. Economic effects of the ...
There’s growing concern about a looming debt crisis in America. High-profile financial figures such as Bridgewater’s Ray Dalio and JP Morgan’s CEO Jamie Dimon have shared their concerns ...
Fighting the climate crisis goes beyond adapting to impacts which we can no longer avoid. It will require the US to take a long, hard look at its wealth inequality, which climate change threatens ...
The economy was prosperous and expanding until the recession of 1969–70, then faltered under new foreign competition and the 1973 oil crisis. American society was polarized by the ultimately futile war and by antiwar and antidraft protests, as well as by the shocking Watergate affair, which revealed corruption and gross misconduct at the ...