14 June 2026
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Impact Of Global Financial Crisis On Venezuela
A Global Financial Crisis (GFC) is a severe disruption of financial markets characterized by collapsing asset prices, banking failures, liquidity shortages, and economic slowdown across countries. The 2008 crisis, triggered by the U.S. subprime mortgage collapse, remains the most notable example. In recent years, global instability has evolved into a broader “polycrisis” marked by post-pandemic…