Case Study IV: The European Financial Crisis Financial crises occur over time, all over the world, for different reasons but in most cases with similar consequences. Questions: 1. Describe in detail the European financial crisis. Explain how it relates to the financial crisis in the U.S. 2. Taking into account what we have studied in class, what is (are) the main cause(s) of this crisis? Justify your answer. 3. What are the effects of the crisis on countries in the Euro zone? And, what might be the effects on the global economy? Are there any effects on the Egyptian economy? Support your answer with relevant examples