December 30, 2011
Financial Crisis – What is the reason for the current financial crisis in the US of A?
By admin in Crisis FAQ | 4 comments
Financial Crisis Question by same: What is the reason for the current financial crisis in the US of A?
i want a report about the financial crisis in the usa
Best answer:
Answer by oliver_a2002
Credit market has become jambed with bad debts. Need Payday Loans?
Give your answer to this question below!
Financial Crisis
This power point presentation is about causes of financial crisis. With a link to my book with the solution for the crisis on amazon. The financial and economic crisis worldwide explained. And solution for the world economic crisis.
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tmin | Dec 30, 2011 | Reply
Greed pure unadulterated greed.
As for getting out of our situation it will take a while, maybe two to five years just to get the Basic back on line, so to speak….
Oracle Apps | Dec 30, 2011 | Reply
Basically, government meddling in the free market.
Government, since the 1930s, has practices two ideas.
1) Wealth redistribution from the relatively productive to the relatively unproductive.
2) Intervention in the affairs of private enterprise either by regulation or by direct competition. Fannie Mae and Freddie Mac are examples of government propping up bogus companies to obstruct real businesses from setting their own lending rules and maximizing profits.
It’s socialism which pretends to be capitalism.
Since they compound the problem with more regulation and intervention, it will be a long while before the hemorrhaging stops.
- CarlD
piet lul | Dec 30, 2011 | Reply
greedy crooked bankers.
Marim M | Dec 30, 2011 | Reply
No jobs securities people loss their job easily, not afford to pay their debt and mortgage installment,
The money is with very small number of people in the society, the majority their source of living is the credit cared, they bay their food by these Cards, greedy Banks and Banker utilize people need for their profit and benefit.