1 Jan 2008 Jahr - 2008 financial crisis

Beschreibung:

Banks took risks by giving out loans that covered 100% or more of a houses cost to people with questionable credit scores. The banks had to take the losses when these people couldn't pay, causing loan rates to skyrocket. This made housing prices fall and many people were unemployed.

Zugefügt zum Band der Zeit:

Datum:

Abbildungen: