Solved: What are the ultimate causes for the current crisis, Other Management

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What are the ultimate causes for the current crisis

Task: Currently many European Nations, especially the PIIGS [Portuagal, Ireland, Italy, Greece and Spain] countries have a Sovereign Debt problem.

Q1. What are the ultimate causes for the current crisis?

Q2. What are the potential implications of this problem for Euro-Currency and European Monetary Integration.

Q3. What are the Implications of this problem for USA?

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