Political Science/US Government help?

Deal Score0

Can someone help me answer this question?

The recent economic crisis in the United States has effected the world. Explain why. Why does a mortgage crisis in the US where less than 3% of first time home mortgage borrowers defaulted on their loans effect people across the globe?

I have a write a pretty big essay on this for my government/political science class and I’m stuck. Anything will help. Thanks!

1 Comment
  1. Reply
    Double T
    May 1, 2011 at 5:45 am

    theres more to the reason the US recession is affecting the world other than just the mortage crisis. You need to include our huge national debt, out of control government spending and how high-rate banks gave high risk loans to people who couldn’t pay them back

    Leave a reply

    Register New Account
    Reset Password