The financial world did not cause any problems. The crash was entirely due to difficulties in the mortgage market caused by people taking out mortgages they could not afford.
The banks have been blamed but the real culprit, apart from the borrowers, is governments - particularly the US government for encouraging the bubble in mortgage debt to grow by legislating to make it easier for people to qualify for short-term loans.
Every single problem at every single collapsed bank or other insitution can be traced back to failed domestic mortgages issued by retail banks or similar.
Saving a little cash from the bank is a great help for you in the future. However, there are banks who give high interest when you save some cash. You don’t have to be a math wizard to know if your savings increased, just as long as you know the simple calculations of simple interest, compound interest and dividends. How often have you needed more info on ways to get payday loans same day deposit, and turned to a web site search on "quick payday loans no credit check?"
Haha!
I used to be the man. Until I decided to stick it to myself - mothyspace
A nation of sheep will beget a government of wolves. – Edward R. Murrow
http://www.youtube.com/watch?v=G1W0pP6A8BE
http://www.youtube.com/watch?v=VlMuAuZ6DS8
Great!!!
The financial world did not cause any problems. The crash was entirely due to difficulties in the mortgage market caused by people taking out mortgages they could not afford.
The banks have been blamed but the real culprit, apart from the borrowers, is governments - particularly the US government for encouraging the bubble in mortgage debt to grow by legislating to make it easier for people to qualify for short-term loans.
Every single problem at every single collapsed bank or other insitution can be traced back to failed domestic mortgages issued by retail banks or similar.
There needs to be a musical comedy about the bankers! Someone get on that, heh.
Saving a little cash from the bank is a great help for you in the future. However, there are banks who give high interest when you save some cash. You don’t have to be a math wizard to know if your savings increased, just as long as you know the simple calculations of simple interest, compound interest and dividends. How often have you needed more info on ways to get payday loans same day deposit, and turned to a web site search on "quick payday loans no credit check?"