I believe that it was the easy lending of housing loans to the US citizens which lead most of the people in debts. It was not really the government policy which led to all of this but the financial institutions which are complex, competitive and unethical in their practices fueled the crisis. And as a result of all this, we can now find loads of US citizens with bad credit ratings. How do you think America can come out of this?
How Crisis in the US was Fuelled
- Thread starter Bharatiya
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