Quote:
Originally Posted by Alan Fry
You cannot deny that thing were made much worse by the fact the rich and major businesses let money to those types of people and then did risky financial trades with them. The economic system set up by the rich made things worse as well
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Alan ,rich people do not lend money ,banks and finance companies lend money .Yes questions should be asked as to why the sub prime market was allowed to get so uncontrollable but in the end it was the people borrowing the money who defaulted .You can't keep blaming "rich people" and "major businesses" for the worlds ills.Quite a lot of the problem was ordinary people wanting things like houses and cars that they never had any chance of affording