Crisis? What Crisis?/Comments - Economic Crisis

Main articles: Economic crisis and Financial crisis

An economic crisis is a sharp transition to a recession. See for example 1994 economic crisis in Mexico, Argentine economic crisis (1999–2002), South American economic crisis of 2002, Economic crisis of Cameroon. Crisis theory is a central achievement in the conclusions of Karl Marx's critique of Capital.

A financial crisis may be a banking crisis or currency crisis.

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