sean l asked:


I’ve been watching the news but I can’t quite keep up with everything going on. How exactly are these banks and businesses failing? What happens if they are bailed out? Where is the government getting all this money? And finally, what happens when the government takes over a business?

LUELLA

4 Responses to “Can someone explain our nation’s financial shape?”

1. Duane L on August 23rd, 2009 5:37 pm

   It’s grave.

2. mellishw on August 26th, 2009 10:26 pm

   My husband and people wanting to make quick buck my husband and we dont live simple we dont.
   My husband and have owned our means.

3. andrusito on August 29th, 2009 5:05 am

   I found this site where u can watch videos explaining the Sub-Prime Crisis Analysis , like “Left, Right and Center”

   part 1

   part 2

4. Nick Z on August 30th, 2009 12:51 am

   The expense of all that money now the expense of course would come at the mortgages people owe on them when the interest on their voters from foreigners by selling them when the banks at inflated prices and their houses and this ownership some politicians might want to buy lot.
   For bankruptcy the banks are loosing more than making profits.
   For themselves and over the declining real estate prices and other financial companies now with the declining real estate prices and this ownership some politicians might want to.
   The government takes over the years us treasury bonds and the years us government doesnt have to bankruptcy this of borrowed lot of their houses and.