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Tequila Crisis
In 1994 a sudden devaluation of the Mexican peso triggered what would become known as the Tequila crisis, which would become a massive interest rate crisis and result in a bond rout. -
Toonie
the Canadian 2 dollar coin was introduced -
Asian Crisis
In July 1997 Thailand’s currency, the baht, collapsed when the government was forced into floating it on the open market. The country owed a huge amount of debt to foreign entities that it couldn’t pay even before the currency plummeted -
Dotcom Bubble
Markets would yet again forget the lessons of the past in the dotcom bubble and subsequent crash in 2000. As in most crises, it was preceded by a bull rush into one sector. In this case it was technology and internet-related stocks. Individuals became millionaires overnight through companies such as eBay and Amazon. The hysteria reached such a pitch that the inconvenient fact that few of these companies made any money scarcely mattered. By 2000, however, the game was up. -
Euro
The euro was introduced as a currency in many European Union States -
Y2K
Y2K bug, also called Year 2000 bug or Millennium Bug, a problem in the coding of computerized systems that was projected to create havoc in computers and computer networks around the world at the beginning of the year 2000 -
September 11 Attack
Caused global markets to drop -
Global Financial Crisis
It was only a few years later that an even nastier crisis would hit the entire world’s financial markets. In many ways it has still has not ended, with the billions in losses and slowing global economy manifesting themselves in the current European sovereign debt crisis. It resulted in the collapse of a number of large financial institutions and is considered by many economists to be the worst crisis since the Great Depression. -
Housing Crisis
The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009 -
Greece Crisis
It was the biggest financial rescue of a bankrupt country in rescue. Only have re paid 41.6 billion euros. It has scheduled payments to 2059
