In capitalism society, once a panic situation happens, confidence begins declining and financiers want money, and these phenomenon has continued. Also, almost banks begin bankruptcy. And all confidence market gets panic, it influence whole market badly. These phenomenon called financial crisis.
These financial crisis(Economic crisis) happen in 2007 and 2008. Then, scale of economic crisis are really large, whole world. In this period, insolvents increase.
When financial crisis happens even some countries become insolents, in other words, country bankrupt situation happens. The typical example is Korea. The end of 1990s and early 2000s Korea meet bankrupt and get hard periods. Through this example of Korea, we can know how to overcome financial crisis and danger of financial crisis.
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