nanisceballos1181 nanisceballos1181
  • 07-11-2018
  • Business
contestada

based in 2008 financial crisis, what caused the economy to go in a downward spiral

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Bluebrid2004
Bluebrid2004 Bluebrid2004
  • 07-11-2018
1. BANKS CREATED TOO MUCH MONEY

2. USED THIS MONEY TO PUSH UP HOUSE PRICES AND SPECULATE ON FINANCIAL MARKETS

3. EVENTUALLY THE DEBTS BECAME UNPAYABLE


4. THIS CAUSED A FINANCIAL CRISIS

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jessicamouton1982 jessicamouton1982
  • 07-11-2018
banks created to much miney
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