energy&stuff wants citizens to engage, no matter if you do this with us, in your community, in an organization, or in politics. If societies are going to master the challenges of the future, a large number of people need to better understand the dynamics of the world we live in, begin to change their thinking, their talking and their behaviors. We have some ideas.
A financial crisis is often referred to a situation where a significant number of banks or other financial institutions face losses that threaten their existence, or experience a problem with liquidity, the ability to pay their obligations. The last major financial crisis in the U.S. took place after the problems with asset-backed securities and derivatives emerged in 2007, leading to an almost-collapse of the entire financial system. Similar problems emerged in Europe in 2009-2011, when a solvency crisis of multiple countries threatened the banking sector.