What will happen if financial crises happen again

FeaturedImage_FinancialCrisis_2.jpg

Imagine financial crises happening again. What will happen will banks become bankrupt one more time in the history. Well if financial crises does happen again then people will start to become homless and will have no jobs because the managers will have no money to give to the workers.It will also be hard for people because sometimes of peoples jobs theyu earn more mone but if they lose their jobs half of the money will be gone. Imagine having half of your money just disappear into thin air. People will have to save and that could mean they only eat once a day.We have to stop this financial crises from happening again,but how ?

Comments (4)

  • Tiff-Avatar.jpg Tiff @ the BNC
    23 Nov 2018

    Hi hopeful_saxophone,

    I like your Hub handle! I was hopeful about being able to play the saxaphone when I was younger because I really liked Lisa Simpson, but it turns out I was awful.

    Can you do some research to see what changes have been put in place since the crisis to stop it happening again or to protect people's money?

    Here is BBC article to help:
    https://www.bbc.co.uk/news/business-20811289

    Reply to this comment
    1. Olivia-Avatar.jpg Olivia @ the BNC
      entertaining_tangerine's comment 26 Nov 2018

      Your username on this website!

      Reply to this comment
  • Bruche-logo-250x250.jpg trusting_peach | Bruche Primary School
    27 Nov 2018

    How can we stop this:I think that if we give the bankers a reward after they have gave an extra amount of money and the person lens it back they should get it.Or mabey you could give a reward for being safe like giving the right amount of money and no giving single penny more than they should have.Mabey we could prevent this from hapening by talking to the bankers and make them stop what they might do.

    Reply to this comment

You must be logged in to post a comment