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sub prime mortgage lending set up in America where loans were lent to people who didn't qualify for the normal loans due to factors such asno income, no assets, no jobs ( ninjas) and then these loans were packaged as investment opportunities for investment firms. the problem was when the people couldn't meet the repayments the loans went bad (toxic) this snowballed throughout the world as credit dried up and nobody could get money to service debt. This is only a partial explanation
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∙ 14y ago
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Is global warming the main cause of the thinning of the ozone layer?
Global warming is a cause of the ozone depletion. However it is not the main cause of it.
Is the main cause of the thinning of the ozone layer global warming?
The main cause of thinning is CFC's. Global warming also affects it.
What is the main cause of the global wind patterns on earth?
The Sun
How is the term Global warming used in a sentence?
Global warming is the main cause for our drastic changes in temperature.
What is the main cause of global wind patterns?
uneven heating probably
The main cause of global convection currents is?
uneven heating of the earth by the sun
Is the temperature of the oceans fluctuates widely and is the main cause of global warming?
False
The temperature of the oceans fluctuates widely and is the main cause of the global warming?
False
The temperature of the oceans fluctuates widely and is the main cause of global warming.?
False
The temperature of the oceans fluctuates widely and is the main cause of global warming?
False
How is global warming connected to other resources?
Global warming is the main issue. It can cause various other environmental problems.
How much damage does global warming cause?
methane gas and flooding are to main reasons
