It was caused by well partly by an oil price spike caused by the Saddam the war against Saddam Hussein.

造成油价上涨的部分原因是反萨达姆·侯赛因的战争。

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It was caused by well partly by an oil price spike caused by the Saddam the war against Saddam Hussein.

它是由于，或者说部分由于,萨达姆导致的石油价格冲击引发的,那场对萨达姆。侯赛因的战争。

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The causes of 1990-91 and 2007-09 were similar: Real estate collapse, stock market turbulence, financial engineering turkeys come home to roost, loan failures, taxes going up, a Middle Eastern war, a spike in oil prices and everybody de-leveraging at once.

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In the 1991 Gulf war, the conflict was over swiftly and the oil-price spike short-lived, so the markets soon recovered.

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Another synchronous round of QE, for instance, may end up causing a trade war, while an additional debt-financed fiscal stimulus could cause a spike in interest rates.

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