| Task | Answer |
|---|
| What does the P stand for?? | |
| The I?? | |
| The I?? | |
| The G?? | |
| The S?? | |
| Victims of the Sovereign ____ Crisis? | |
| ____ had a bubble economy based on high wages, property booms, stock markets booms, and tourism, which inevitably collapsed.? | |
| ____ tried to pay high wages and had an under-competitive economy.? | |
| ____ had its wage bill and economy like Italy’s as well as sucking in lots of cheap imports at the expense of its own industrial base. It also had a housing bubble and burst.? | |
| ____ was hit by the desire to have high wages and the inability to manipulate national fiscal policy to restart a failing economy. It lost its favored status among investors.? | |
| ____ had most of the above mentioned crises since 2000 and took out excessive overseas loans in the hope of restarting its national economy, especially after the slump in tourism.? | |
| Name one country that has sometimes appeared in the group in the media? | |
| The original US problem that sparked the global recession was in the ___-_____ ________ market? | |
| The UK bank which experienced a run starting 14 Sept 2007 was called? | |
| This bank hadn't had enough real cash as a proportion of it's assets, this is a _________ crisis? | |
| How many PIIGS are in the G8?? | |
US Presidents
The USA Declares War!
Original 13 Colonies
