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Qaagi - Book of Why

Causes

Effects

The country 's three biggest banks – Glitnir , Kaupthing and Landsbanki – went bust within weeks of each other after the collapse of Lehman Brothers in the USsparkedthe credit crunch in 2008

irresponsible mortgage lending by banks(passive) was caused byThe credit crunch in 2008

decent paycausedthe Credit Crunch in 2008

The main pointtriggeredthe credit crunch in 2008

their money ... a scenariocreatedthe credit crunch in 2008

SPIVs ... the fiendishly complicated financial instrumentscausedthe credit crunch in 2008

the sub prime issues in the US arecausedthe credit crunch in 2008

Goldman Sachs ... the sub - prime mortgage debaclecausedthe credit crunch in 2008

the object isto prevent2008 credit crunch

the sparkssetoff the 2008 credit crunch

a Capital CrunchCauseda Credit Crunch in 2008

the global recessiontriggeringthe global recession

a banking situation(passive) caused bya banking situation

the damages(passive) caused bythe damages

the chaos(passive) caused bythe chaos

the dip(passive) caused bythe dip

a sudden drop in its Revenue(passive) was ... caused bya sudden drop in its Revenue

a stuttering start(passive) caused bya stuttering start

increase in price of materials American ’s end up turning to smaller more efficient cars from Japan Shortage of Fuel Efficient Cars " Toyota 's Market Share Plummetscausedincrease in price of materials American ’s end up turning to smaller more efficient cars from Japan Shortage of Fuel Efficient Cars " Toyota 's Market Share Plummets

to a nearly 50 percent rise in the rupiah currency ’s exchange rate against the U.S. dollar , and pushed the country ’s 10-year government bond yields down to record lows of 5 percent from their 10 to 15 percent pre - Crisis rangecontributedto a nearly 50 percent rise in the rupiah currency ’s exchange rate against the U.S. dollar , and pushed the country ’s 10-year government bond yields down to record lows of 5 percent from their 10 to 15 percent pre - Crisis range

the economic downturn(passive) caused bythe economic downturn

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