government holds a lot of responsibilities as the free market structure gives too much freedom to traders.
Updates from Tuesday 29th October, 2013 Toggle Comment Threads | Keyboard Shortcuts
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candicechung
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Qi Xun (Susana) Zhao
… handling the money, while banks often try to “trick” the borrowers too much with deceived consequences behind it.
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Qi Xun (Susana) Zhao
It’s an interaction of the people who borrow, the bank, and the government. Borrowers should take on more responsibilities in handling the
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Stella Choi
Bank did not foresee that prolific lending to people to buy houses that they could neither afford nor sustain was a problem.
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huiyin
Blame government: regulations restrict economy. Government enact legislations. Government is in control the economy actually.
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Bozhen Li
Bank put themselves into really high risk. They should have make sure that they lend money to people who can pay back.
huiyin 5:41 pm on October 29, 2013 Permalink | Log in to Reply
Despite the fact that part of the economy is regulated by daily transactions.