The Financial Crisis

The new issue is the financial crisis. Many people may think different, but I blame thia on the banks. I think this is because they are letting people spend public money. This is what I think they should do:
1) The govenment should give people jobs and lend them some money.
2) The banks should know who to trust in order to loan some money. They shouldn’t loan to much. The reason is because you won‘t know whether the person will pay back monthly.
3) Everyone is wasting money on games and toys people might not even play use. We need to do less of this and spend money on the actual things we need.
4) Persade people to: save money, use credit cards less, don’t loan to much money in the bank and save your money.
That is all the information I’ve got for you. If you have anymore ways to prevent the financial crisis let me know!
Comments (10)
06 Nov 2018
yes that is true
07 Nov 2018
Yes and lower the bills because if people get high bills they're going to run out of money quite quickly
07 Nov 2018
I agree because people use money on things they don't need
07 Nov 2018
Everyone is spending their money mobiles mostly
07 Nov 2018
I also think Government should give away
07 Nov 2018
True
07 Nov 2018
I do not agree with this but i see clearly where you are coming from and understand why you said this i think it is the general public's fault because they should know what they need and not waste their money on things they don't need. Life's essentials are more important and they should spend their money wisely because you don't know what you have until it's gone.
If you have anything to say about this please feel free to let me know. This was a very nice post
16 Nov 2018
I agree with the government because the government should put more money in the bank.
16 Nov 2018
The government don't use enough strict rules for the bank
Can you support your opinion with reasons?
You must be logged in with Student Hub access to post a comment. Sign up now!