Who is to blame for the financial crisis? Banks or the Government?
As a club, we discussed whether it was the individual bankers or the Government who were to blame. We used the opinion: "The government didn't set strict rules for banks, which meant the banks could take more risks with people's money." to help us. These are our individual opinions in our first blog post.
I think the government is to blame because it is just like little toddlers who make the wrong choices. So the older ones have to make sure they tell them to be careful and to do the right thing. The banks are the toddlers and the older ones are the government. Outstanding_wolf
I think the bankers are to blame because they took the choice to take the risks. Stellar_context
Maybe the boss of the bank is the one to blame because they should take care of and look after people's money and they didn't do that. Sympathetic_music
I think that it's the bankers' fault because they keep the money but I think they should not keep the money in case they take it. Can we trust them? They might not give it to the people who save money with them. tidy_turtle
I think it is the banks' fault because they shouldn't be risking too much. The risk was a bad choice because it went into the financial crisis. outstanding_passionfruit
I think it is kinda OK but not OK at the same time because some banks took more risks than others and other banks took money from those banks even though they were more risky. inventive_revolution
It is both of their faults as the banks took too much of what they were given and the government didn't give any rules so the banks just did as they wanted to. And this caused the financial crisis. balanced_artist
I think that it was the both the government and the bankers who were at fault. For example, a banker a stole some money and the police caught them and the bankers said "Well the government didn't tell me not to." When the police spoke to the Government, the government says: "I didn't tell them to do it. So why is it my fault?" Both of them were to blame because the Government should have set rules but the bankers should have known it was wrong. amazing_wombat
Comments (15)
Thanks for reporting back on your discussion! It's interesting to hear that there are a range of opinions within your club. Did anyone hear anything in the discussion that made you change your mind? If so, what was it?
Richmond Hill Academy 14 Dec 2018
Hi 🙋 Olivia from the bnc thank you 😊 for talking to us . I tidy_turtle love ❤ to be in this club talking about financial Cris we love ❤ to be in the club discussing financial Cris . I think that it is the bankers bosses because they should give stricter rules to the bankers so I think it's the bankers bosses fault for this
Millbank Academy 17 Dec 2018 in reply to tidy_turtle's comment
I think it is the banker's bosses fault too.
Richmond Hill Academy 19 Dec 2018 in reply to lively_parrot's comment
thank you lively parrot why do you think you have the same as me and why did you think that
Richmond Hill Academy 19 Dec 2018
I think its some of the peoples fault who are using money because they may not give the money that you have to pay for back and the bakers bosses because they have hidden money and left their workers left with only some money instead of the money amount that they should have had
Richmond Hill Academy 19 Dec 2018
I think its the bankers and the goverment
Can you give reasons?
Richmond Hill Academy 17 Jan 2019
already did ma'am
Richmond Hill Academy 31 Jan 2019
i think it is the bosses fault because they took that decision to do that so they are the ones who should be blamed
Richmond Hill Academy 07 Feb 2019
can you give reasons please?
Richmond Hill Academy 11 Feb 2019
I think that it is the bankers and the govermont fault because they sort out things
Richmond Hill Academy 25 Feb 2019 in reply to Olivia @ the BNC's comment
nothing made me change my mind
Richmond Hill Academy 25 Feb 2019
I think the government is to blame because it is just like little toddlers who make the wrong choices. So the older ones have to make sure they tell them to be careful and to do the right thing. The banks are the toddlers and the older ones are the government. Outstanding_wolf
Richmond Hill Academy 01 Mar 2019 in reply to Olivia @ the BNC's comment
No not really Olivia
Richmond Hill Academy 01 Mar 2019 in reply to tidy_turtle's comment
I think it is the governments fault
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