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Old 14-03-2012, 14:02   #10
LexDiamond
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Join Date: Feb 2010
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LexDiamond has reached the bronze age
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Re: Unemployment is rising

Quote:
Originally Posted by Alan Fry View Post
It was not helped with all the risky financial trading that the rich and major businesses did, along with the free make system that make the rich better off and the rest of us worse off
Let's not get the issue confused here. The credit crunch happened specifically because of defaults on sub prime loans. People borrowed what they could not afford and then defaulted. Therefore your assertion is wrong.
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