How To Stop |Another Financial Crisis

I think you could stop a financial crisis by not giving people all the loans . The bank gave too much money to people, even though they knew that the people would not be able to pay it back.

I think they should give them in little bits, then the people would pay it back, the bank would give them another bit.

I think this would definitely help

Comments (2)

  • Olivia-Avatar.jpg Olivia @ the BNC 21 Nov 2018

    This topic has come up before in a post. Please find a post about this and add your comment underneath in the comments section, rather than starting a new post. Thanks!

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  • Morley-Newlands-logo-250x250.jpg tenacious_whale
    Morley Newlands Academy 30 Nov 2018

    I disagree because if you were poor and decided to borrow from the bank thinking that it was a good thing to do and paying in little pieces of money will take longer to pay back and the longer you take the more the bank put's more money on to the cost so it would be better to pay it back straight away so you don't have to pay them more money what would you rather do pay the bank more or less ?

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