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Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

in part(passive) was causedcurrent sovereign - debt crisis

The same process that led to the subprime crisisledto the sovereign debt crisis

the current trend of growing deficits and debtwill ... resultin a sovereign debt crisis

risk from private banks ... governmentscould leadto a sovereign debt crisis

by excessive government borrowing and spending(passive) caused bya sovereign debt crisis

a collapse of EMU(passive) caused bya full - blown sovereign debt crisis

whose lack of fiscal disciplinehad causedthe sovereign debt crisis

the subprime crisisledto the sovereign debt crisis

the crisis in the financial sectorresultedin a sovereign debt crisis

by the near collapse of the Greek economy(passive) caused bythe sovereign debt crisis

by government misconduct in specific countries(passive) is ... caused bythe sovereign debt crisis

by government misconduct in specific countries(passive) is ... causedthe sovereign debt crisis

government misconduct in specific countries(passive) is ... caused bythe sovereign debt crisis

exacerbated Greece 's recessionleadingto a sovereign debt crisis

the economic imbalancescontributedto the sovereign - debt crisis

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

risk ... governmentscould leadto a sovereign debt crisis

This situationledto a sovereign debt crisis

the policy(passive) is caused bysovereign debt crisis

The financial and economic crisishave ledto the sovereign debt crisis

by too much borrowing(passive) was causedThe sovereign debt crisis

money ... which is itselfcausinga sovereign debt crisis

in turncontributedto the sovereign debt crisis

capitalleadingto a sovereign debt crisis

because investors lose faith in a government 's ability to service debtthus leadingto a sovereign debt crisis

by Greece(passive) set ... bya sovereign debt crisis

governmentscould leadto a sovereign debt crisis

the financial crisishas ledto a sovereign debt crisis

the financial crisiscontributedto the sovereign debt crisis

the potentialto causea sovereign debt crisis

But it needhave ledto a sovereign debt crisis

circumstancesledto the sovereign debt crisis

circumstancesleadto the sovereign debt crisis

that circumstancesledto the sovereign debt crisis

the thingscausedthe sovereign debt crisis

a pathleadingto a sovereign debt crisis

its deficitledto a sovereign debt crisis

Austeritycausedthe sovereign debt crisis

government support for weak bankscan causea sovereign debt crisis

pressuresleadsto a sovereign debt crisis

in EuropeOriginatingin Europe

in the lending of money to EU statesresultedin the lending of money to EU states

more turmoilwill causemore turmoil

strains(passive) caused bystrains

European firmscausedEuropean firms

in the bailouts of Greece , Ireland , Portugal and Spainresultedin the bailouts of Greece , Ireland , Portugal and Spain

the global economic uncertainties(passive) caused bythe global economic uncertainties

to currency crisiswill leadto currency crisis

to painful spending cuts and tax increasesledto painful spending cuts and tax increases

the rise of distressed debt sales in Europe(passive) caused bythe rise of distressed debt sales in Europe

to the Eurozone 's unemploymentcontributedto the Eurozone 's unemployment

Eurozone crisis(passive) caused byEurozone crisis

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

to Greece 's 2010 bailoutledto Greece 's 2010 bailout

market uncertainty(passive) caused bymarket uncertainty

the collapse of governments for a system of borrowing year after yearis causingthe collapse of governments for a system of borrowing year after year

from the financial crisis caused by banksresultedfrom the financial crisis caused by banks

to a default in the US treasuries marketwill ... leadto a default in the US treasuries market

to the banking crisis , in which banks are facing big losses arising out of debtledto the banking crisis , in which banks are facing big losses arising out of debt

to funding problemsmay leadto funding problems

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

a second recessioncausinga second recession

a second recession andcausinga second recession and

the integration of EU banking systems(passive) has been ... influenced bythe integration of EU banking systems

to its governing the fiscal and welfare policies of a number of statesledto its governing the fiscal and welfare policies of a number of states

banks(passive) caused bybanks

in Europeoriginatingin Europe

governments to default on their debt obligationswill causegovernments to default on their debt obligations

problemswould causeproblems

alsocontributedalso

a rapid deterioration of the European economyhad causeda rapid deterioration of the European economy

in the deterioration of public financesoriginatedin the deterioration of public finances

the marketshas setthe markets

in a six quarter recession for the euro area economyresultedin a six quarter recession for the euro area economy

a double - dip recession(passive) caused bya double - dip recession

companies from Spainpromptedcompanies from Spain

a banking crisis , which is in turn leading to a worsening of the sovereign debt crisis ... in a vicious cycle that threatens to destroy the currency unioncauseda banking crisis , which is in turn leading to a worsening of the sovereign debt crisis ... in a vicious cycle that threatens to destroy the currency union

a much more conservative approach to lendingprompteda much more conservative approach to lending

the uncertainty(passive) caused bythe uncertainty

the uncertainty(passive) caused bythe uncertainty

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Smart Reasoning:

C&E

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