In answering that question, quite a lot of analysts and economists who comment and provide analysis from various viewpoints.

In analyzing the main cause of the financial crisis, many have assumed that the fragility of the economic fundamentals (fundamental economic Fragility) is a major cause of economic crisis. It is, as mentioned by Michael Camdessus (1997), Director of the International Monetary Fund (IMF) in the words of his speech at the Growth-Oriented Adjustment Programmes approximately as follows: “The economy is experiencing inflation that is not guarded, large balance of payments deficits, restrictions sustainable trade, currency exchange levels are not balanced, the interest rate is not realistic, the burden of foreign debt and drainage swells prevailing capital many times, has caused economic difficulties, which eventually will double the country’s economy into the economic crisis “.

This clearly shows that the balance of payments deficit (deficit balance of payment), the burden of foreign debt (foreign debt-burden) are swollen – especially short-term debt, investments are not efficient (inefficient investment), and many other economic indicators have been play an active role in inviting the emergence of the economic crisis. » Read more: Root causes of the crisis and the recession that hit many parts of the world