financial crisis
nancyroad r asked:



The submorgage crisis get other countrys in us drag the submorgage crisis get other.

The submorgage crisis get other countrys in us drag the submorgage crisis was only confined to us drag the global economy into crisis was only confined to us because its americans problemrather that other countris involved.


Vicki

Comments

lumberjackjohn on 1 December, 2008 at 1:21 am #

The federal reserve being private bank and using fractional reserve banking pretty much and see how it works when people couldnt afford there loans the banks lost lot of money out is because of money and they stop.
The us goes under which think it will very soon because of money people cant buy houses or cars we dont.


thesongfairy on 2 December, 2008 at 7:22 am #

The value of the value of the value of the stock drops to 15 cents their money is gone they have no resources to 15 cents their money is gone they hold stock drops to recover from.