The 90's

By George and Ethan

  • Iraq Vs U.S

    Iraq invaded Kuwait, and the subsequent war between the U.S and Iraq leads to higher oil prices, reduced comsumption, and declining demand.
  • Period: to

    90's

  • FDIC bank problems

    FDIC monitors 1,090 problem banks with $609.8 billion in assets. If the banks continued with these issues there wouldve been a lot of money lost.

  • Banking Industry Profits

    The banking indusrty earns profits of $32 billion for the year. This is the highest it has ever been for their time.

  • New Banking Record

    The banking indusrty earns record profits of $43.1 billion. This beats their record from the previous year by a margin.

  • The Rwanda Genocide

    It lasted 100 days andcaused the death of 800,000 people the U.S had been giving money and recourse and when the other countries suffered from the genocide also did the U.S economy.

  • The World Trade

    The world trade organization was created and this would increase money flow all over the world.

  • Khobar Bombing

    The nation lost six buildings and many millitary personal because of this terrorist attack. The government would have to pay for this.

  • Oklamoma Tornados

    The tornados caused a lot of damage and the government had to pay for all of it.

  • Two U.S Emmbasys Attacked

    When the attack happened there was a lot of damage which the government had to pay for.