View source for 2023 Financial Crisis (Annwynn)

The '''2023 Financial Crisis''' is an emergent and ongoing {{wpl|financial crisis|economic crisis}} centered in the global financial centers of Southern and Central [[Omand]]. The 2023 Crisis is widely recognized as the first global {{wpl|recession}} by a variety of international business and financial think tanks and institutions since the conclusion of the [[Omandan Continental War]] in 1994. The crisis is widely believed to have been triggered by a combination of governmental development loan {{wpl|default (finance)|defaults}} in [[Oltenia]], [[Skalité]], [[Ardeal]], [[Wallachia Annwynn|Wallachia]], as well as reduced payments from [[Krasno]] and [[Aesti]] following the outbreak of the (CIO War name goes here). Other contributing factors include economic disruption and market confidence loss as a result of (Notreceau/Luminerra war name goes here), the ongoing insurgency in [[Costa Mejis]] and general downturns in global demand for finished industrial products that constitute the backbone of Southern Omandan economies.

While the majority of governmental bodies have defined the crisis as a conflict-driven recession, independent economic bodies and economists have pointed to a multitude of other contributing causes including the failure of the development loans to generate significant return to lenders, the looming [[Notreceauen housing bubble]] and the [[Lumenic financial short scheme]] among others. [[Entinism|Entinist]] centric critiques have focused on the predatory nature of private and governmental loans destabilizing Central Omand as well as declining {{wpl|real wages}} throughout Omand, although this position is not generally supported by financial thinkers and institutions outside of [[Abrahar]], [[Maratha]] and [[Copperhead Republic|Copperhead]]. [Further information about government responses will go here].

[Talk about actual economic impact of crisis, briefly, here]

==Background==

==History==

==Definitions==

==Impact==

==Causes==

==Analysis==

[[Category: Annwynn]]
[[Category: Notreceau]]
[[Category: Luminerra]]