TheGlobal Financial Crisis (GFC) is the most significant worldwide economiccatastrophe since the Great Depression of 1929, sub-prime mortgage crisis is anexample of financial crisis that affected global financial market worldwide.Give some other examples of financial crisis in your discussion below. Discuss the possible causes of the financialcrisis. Do you think GFC could be repeated again? Discuss. Explain the scale and impact of financialcrisis in economies of different countries including your own country, identifysome of proposed reforms.