Remind me again who caused this economic crisis?
The unemployed? Teachers, nurses and firemen? Asylum seekers? Benefit scroungers? "Socialism"? Huge-spending European countries? Eastern European immigrants? Gordon Brown? The existence of the euro? Bloody students? Just wondering, because, at the time, it was pretty obvious to everybody who caused the crisis, but as time has gone on, a whole load of scapegoats and bystanders have been fingered and punished whilst the people who really did cause it seem to be more in charge than ever. Now, how did that happen, do you think?
Asked By: Syd - 12/8/2011
Best Answer - Chosen by Asker
The day we started buying cheap goods manufactured abroad rather than ones manufactured in the UK was the start of it. The fact that everything, bar the top 2 and the bottom one, you quoted accelerated it and made it worse. You also missed off the fact that Governments around the world allowed the house price bubble to... More
Answered By: John D - 12/8/2011
Additional Answers (15)
underwater mortgages loan sharks
Answered By: Mugsy - 12/8/2011
Answered By: xpatinasia - 12/8/2011
Good question.. If no one knows, I think the US is screwed. So fuuuuuuucked. It's the government lol
Answered By: Olivia - 12/8/2011
Yes all those on the list, plus me and everyone else. And I think your analysis that everyone at the time knew better is wrong, but no one will admit it. Socialists especially, as they are more guilty than most and voted the wretched people in who did the damage.
Answered By: JohnnieAstro - 12/8/2011
bankers and their credit cards and morgages... More
Answered By: Sherna - 12/8/2011
I think it's a mixture of banking misadventures and ignorant Government. You could also add that it is an admixture of greed of both banks and governments.
Answered By: ipoian - 12/8/2011
love the question and remarks ..... they do calll it a public debt!!!? i do remmber asking them for anything... More
Answered By: Jason - 12/8/2011
UK. the government use the media to hide the truth.The real cause is greed and selfishness.eg.obscene wages,tax loopholes for the rich,allowing untaxed money to be moved to offshore tax havens, corruption and allowing mass immigration.The people can no longer subsidise these activities so instead of putting money back... More
Answered By: elo2joe - 12/8/2011
Give a man a gun and he'll rob a bank. Give a man a bank and he'll rob a country.
Answered By: Janian - 12/8/2011
Several factors cause the financial crash... More
Answered By: buddhamaster - 12/8/2011
Answered By: Dritan - 12/8/2011
You forgot the main one: CONGRESS. I'm not talking one party or the other, but CONGRESS AS A WHOLE... More
Answered By: Mutt - 12/8/2011
A big boy did it and then ran away.
Answered By: robert - 12/8/2011
Answered By: Lorne - 12/8/2011
In a roundabout sort of way every adult has to bear some responsibility. But I will agree that some organisations more than others... More
Answered By: robert c - 12/9/2011
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Legitimate Survey for Cash.Extra Money for You,Join Here!
$21/hr Start, Avg Pay $72K/yr No Experience Needed! Get Started.
Click. Search. Apply. Free!
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.