File:Lending & Borrowing Decisions - 10 19 08 zh-hant.svg
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[edit]DescriptionLending & Borrowing Decisions - 10 19 08 zh-hant.svg |
English: See the United States housing bubble and subprime mortgage crisis for in-depth discussion and citations. A brief summary of each vertical "string" of causes is included below. While there are many factors that influenced the housing bubble, fundamentally a bubble is built one transaction at a time. Risky lending decisions were made by institutions and risky borrowing decisions were made by both individuals and institutions. According to the Pew Research Center, “There is a broad public consensus regarding the causes of the current problems with financial institutions and markets: 79 percent say people taking on too much debt has contributed a lot to the crisis, while 72 percent say the same about banks making risky loans.” |
Date | PST |
Source | en:File:Lending & Borrowing Decisions - 10 19 08.png |
Author | Original by en:User:Farcaster; Chinese Translation by Zanhsieh |
Other versions | en:File:Lending & Borrowing Decisions - 10 19 08.png |
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current | 01:18, 18 January 2009 | 960 × 720 (46 KB) | Zanhsieh (talk | contribs) | {{Information |Description={{en|1=See the United States housing bubble and subprime mortgage crisis for in-depth discussion and citations. A brief summary of each vertical "string" of causes is included below. While there are many factors that influenced |
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