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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

the recent global financial crisis ( GFC(passive) was ... caused bythe sovereign debt crisis

the situation in Greece(passive) provoked byits sovereign debt crisis

The uncertainty of Greece ’s ratingtriggeredthe sovereign debt crisis

the Great Recession of 2009(passive) triggered bya sovereign debt crisis

4.Banking crisis ( plus recessiontriggeredsovereign debt crisis

off ... Greece ’s fiscal woes(passive) set ... bysovereign debt crisis

Greece , Portuqal and Ireland(passive) caused byits sovereign debt crisis

Greece ’s teetering finances(passive) prompted bya sovereign debt crisis

greece ... storm in 2010(passive) led ... bythe sovereign debt crisis

The global financial crisis of 2008triggereda severe sovereign debt crisis

Both the global financial crisis as well asoriginatedthe sovereign debt crisis

countries on the brink of default such as Greece(passive) led bya sovereign debt crisis

such attempts at defending themselves against a deep recessionhas ... createda sovereign debt crisis

the Great Financial Crisistriggeredthe sovereign debt crisis

a major financial crisisresultingfrom a sovereign debt crisis

Greece 's near default(passive) triggered bya sovereign - debt crisis

a new relief fund for Greece(passive) led bythe sovereign debt crisis

This inability for Greece to service its debtsparkeda sovereign debt crisis

Greece's economic woes(passive) sparked byEurope's sovereign debt crisis

Greece 's fiscal woestriggeredthe sovereign debt crisis

the EU will ride to the rescue of Greeceto preventa sovereign debt crisis

Greece ’s unsustainable public deficit and debt levels in late 2009(passive) triggered bya sovereign debt crisis

the global financial crisis of 2007 - 2008(passive) sparked bythe sovereign debt crisis

the 2007 - 08 global financial crisis(passive) triggered byThe sovereign debt crisis

Portugal , Ireland , Italy , Greece and Spainleadthe sovereign debt crisis

a financial rescue package for Greece ... enoughto preventa spreading sovereign debt crisis

government overspending and the recession with unemployment running at about 25 %(passive) caused bya sovereign debt crisis

The heightened fear of a possible recession and the focus of Europe ’shas createdongoing sovereign debt crisis

Financial and especially banking crisiscan originatesevere sovereign debt crisis

the weaker economies of Europe like Greece thrivepreventinganother sovereign debt crisis

an exceptional combination of adverse economic and policy factors in Greece(passive) caused bya severe sovereign debt crisis

the double dip recession caused by the 2007 - 08 financial crashprompteda sovereign debt crisis

either property crashes ( Ireland and Spain ) or unsustainable public finances ( Greece(passive) has been caused bythe sovereign debt crisis

an anticipated deep recession caused by the global pandemic slowdown ... it less likelyto triggera sovereign debt crisis

a banking crisis or growing problems in the banking sectorcould leadto a sovereign debt crisis

bailouts and government support and guarantees given to banks in response to the banking and commercial financing crisis , which started in 2008 and kicked off a global recession(passive) is largely caused byThe sovereign debt crisis

Olli As a consequence of the financial crisis , the euro area public finances deteriorated significantlycausingthe sovereign debt crisis

A financial crisis , combined with a monetary union that was poorly thought outhas causeda sovereign debt crisis

The financial crisis that started from Wall Street has spread to Europeresultingin the sovereign debt crisis

On the negative side , the tightening of global liquidity could easily lead to a recession in Europesparkinganother sovereign debt crisis

to a recession in Europecould leadto a recession in Europe

to a double - dip recession in the euro arealedto a double - dip recession in the euro area

a second recessioncausinga second recession

years of recession(passive) caused byyears of recession

turmoil in the marketscreatedturmoil in the markets

to the loss of billions of dollars and the collapse of the Euroledto the loss of billions of dollars and the collapse of the Euro

the economic slowdown in Europe(passive) caused bythe economic slowdown in Europe

another turn to recessionmay ... sparkanother turn to recession

austerity measures and uncertainty(passive) caused byausterity measures and uncertainty

to a double dip recession in many Western European countriesledto a double dip recession in many Western European countries

the 2012 - 13 recession(passive) was triggered bythe 2012 - 13 recession

the European - specific recession(passive) caused bythe European - specific recession

panic in marketscausingpanic in markets

a markets of Western Europe(passive) influenced bya markets of Western Europe

a new European banking crisiscausinga new European banking crisis

major turbulences on the financial marketscausedmajor turbulences on the financial markets

the dangers and damages(passive) caused bythe dangers and damages

in the US and Europeoriginatingin the US and Europe

a looming recession and acute tension(passive) caused bya looming recession and acute tension

to a generalized banking crisis in Europe.6 % Year - over - Year Percent Changecould ... leadto a generalized banking crisis in Europe.6 % Year - over - Year Percent Change

to a massive overhaul of the banks and financial marketsleadsto a massive overhaul of the banks and financial markets

chaos in the financial markets in October 2015will causechaos in the financial markets in October 2015

a host of austerity measures ... but has also led to worries about a potential recession , which is not conducive for spendinghas ... prompteda host of austerity measures ... but has also led to worries about a potential recession , which is not conducive for spending

in a Banking Crisis causing the infrastructure to meltdownwill resultin a Banking Crisis causing the infrastructure to meltdown

chaos in financial markets after 2015 as well as a mass uprising within America as a result of wealth inequality by 2016.Facebook @will causechaos in financial markets after 2015 as well as a mass uprising within America as a result of wealth inequality by 2016.Facebook @

a banking crisis not just in the periphery of the euro area but also in the core euro areawould have triggereda banking crisis not just in the periphery of the euro area but also in the core euro area

a potential economic slowdown(passive) triggered bya potential economic slowdown

a possible economic slowdown(passive) triggered bya possible economic slowdown

to a loss of access to wholesale debt marketsledto a loss of access to wholesale debt markets

the economic problems(passive) caused bythe economic problems

the markets thinking that this may no longer be sohas setthe markets thinking that this may no longer be so

a “ marked deterioration ” in financial integration in the euro areahas causeda “ marked deterioration ” in financial integration in the euro area

to crush Europe and probably destroy the euro , the collapse and implosion of the monstrous debt fuelled bubble in China which is already underway , an accelerating currency crisis in the Far - East exacerbated by the recent Chinese devaluation of the Yuan , and the collapse also already underway in Emerging Marketssetto crush Europe and probably destroy the euro , the collapse and implosion of the monstrous debt fuelled bubble in China which is already underway , an accelerating currency crisis in the Far - East exacerbated by the recent Chinese devaluation of the Yuan , and the collapse also already underway in Emerging Markets

the high uncertainty(passive) caused bythe high uncertainty

market uncertainty(passive) caused bymarket uncertainty

persistent damages(passive) caused bypersistent damages

political turmoilhas createdpolitical turmoil

the pinch of turmoil(passive) prompted bythe pinch of turmoil

off a national recession that ultimately will spill to the US shoresis settingoff a national recession that ultimately will spill to the US shores

to the market troublescontributedto the market troubles

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Smart Reasoning:

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