How Are the Financial Crises of the 1990s and the 2000s

How are the financial crises of the 1990s and the 2000s similar?

A) The crises were primarily started in lesser-developed countries.
B) The crises were precipitated by runaway monetary policy when the governments continually devalued their currencies.
C) The major originators of the financial crises had borrowed beyond what became sustainable for their capacities.
D) Developed countries were the primary cause of both sets of crises.
E) Countries were able to overcome the collective action problem and collectively default on their loans.