the financial crisis was it good?

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The financial crisis was a event from 2008 that was involving banks making to much risks and this made everyone in the uk pay over £1000 and because of this many people became homeless and many other people lost their jobs because banks gave money to people who couldn't pay them back. So then people who have businesses couldn't pay there workers so they had to shut thier shop down. So if one bank didn't have eny money soon every bank didn't have enough money so was the financial crisis good no

Comments (2)

  • Notley-Green-logo-250x250.jpg fairminded_pineapple | Notley Green Primary School B
    30 Nov 2018

    i will be writing more so keep a eye out

  • Bruche-logo-250x250.jpg exhilarated_globe | Bruche Primary School | United Kingdom
    01 Dec 2018

    i personally think that it depends with the financial crisis this is why ; it is sort of good because it gave people a hint not to take money for granted and look after money with what you spend it on throughout the crisis . yet it wasn't good because as you said , lots of people became homeless and couldn't provide for families and themselves . it really is a half , half situation .

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