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Debt crisis is the general term for a proliferation of massive public debt relative to tax revenues, especially in reference to Latin American countries during the 1980s, and the United States and the European Union since the mid-2000s. As well as the Chinese debt crises of 2015. 
Current and recent debt crises
European debt crisis
The European debt crisis is a crisis affecting several eurozone countries since the end of 2009. Member states affected by this crisis were unable to repay their government debt or to bailout indebted financial institutions without the assistance of third-parties (namely the International Monetary Fund, European Commission, and the European Central Bank). The causes of the crisis included high-risk lending and borrowing practices, burst real estate bubbles, and hefty deficit spending. As a result, investors have reduced their exposure to European investment products, and the value of the Euro has decreased.
Other European debt crisises
- Debt of developing countries
- Government debt
- List of countries by credit rating
- List of countries by net international investment position
- List of countries by public debt
- Monetary sovereignty
- Sovereign default
- State (polity)
- "Europe Banks Selling Sovereign Bonds May Worsen Debt Crisis" - SFGate
- "Who is Handling Debt Crisis Better, United States or Europe" - US News 
- "Europe's Web of Debt" by Nelson D. Schwartz, New York Times
- "How's the Argentina Recovery Coming Along?" by Tyler Cowen
- "Timeline: The unfolding eurozone crisis". BBC News. Retrieved 6 March 2015.
- Blundell-Wignall, Adrian (2011). "Solving the Financial and Sovereign Debt crisis" (PDF). Organisation for Economic Co-operation and Development. Retrieved 6 March 2015.
- "Troika 'governor' of European 'colonies': Lawmakers fed up with debt crisis tactics". RT. 27 February 2014. Retrieved 6 March 2015.
- Brown, Mark; Chambers, Alex (September 2005). "How Europe's governments have enronized their debts". Euromoney. Retrieved 6 March 2015.
- Johnson, Steve (1 March 2015). "Investors slash exposure to the euro". Financial Times. Retrieved 6 March 2015. (subscription required (. ))