4 ms·
I just do not see how anyone sees this as complex. Some people were given free money. They used that free money in risky investments to make more money. With a
by FollowingTheDao 4y ago
I just do not see how anyone sees this as complex.
Some people were given free money.
They used that free money in risky investments to make more money.
With al this free money asset prices (housing) increased.
The free money is not there anymore.
Those same people are making way less money.
With much less money housing prices will decrease.
War did not cause the crash, the crash is causing war. How do you think we got out of the Great Depression?