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This is a 500 word piece about the origins of the credit crunch. It aims to provide a brief but understandable explanation of the things, which caused the economic crisis. The piece would look good on any financial website wanting to detail the subject further.

Article Sample (in-tact):
dent the respective economies had become in the beginning of 21 century is now emphasised by the worst financial crisis since the Great Depression during the 1930s after the Wall Street Crunch in 1929. It has been named the Credit Crunch and it has hit the UK as well as the rest of the world. It has brought the first decline in world trade in 60 years and has furthermore doubled the debt of the UK and sent the unemployment rate upwards. The current recession proves that a crisis can be imported due to the fact that the world's economies are linked together. The crunch started in the USA and

Written by: Alex Lewis Uploaded Date: 4th Mar 2010 Words: 496
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