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No one person or group is completely responsible for the current U.S. economic crisis. A lot of the blame is shared by the various financial institutions that issued and traded risky financial instruments related to the nation's mortgage market. Blame can be placed on the country's legislators for lax legislation and oversight of these same financial institutions. Congress could also be blamed for not monitoring the activities of mortgage backers Fannie Mae and Freddie Mac. The failure of Congress and presidential administrations, past and present, to balance our federal budget also contributed to the crisis.
What else can I help you with?
Is bank responsible for the recent global economic crisis?
maybe
What will Obama do to help the US?
Take the soldiers out of Iraq and get us out of this economic crisis!!
Who is responsible for the economic crisis?
America. Think of the downward spiral like in the Great Depression. If you mean who made it happen, it's really a matter of opinion. Some say Obama made this happen to us (which I don't believe because I'm an Obama fan, and I think they're just frustrated with the crisis).
The US caused an economic crisis in cuba by?
passing a tariff on sugar
Do you agree that we are now in the economic and financial crisis?
Yes I do believe we are in a economic crisis
What are some forces that have unified the US?
Wars, 9/11, economic crisis, corrupt government
How do you feel about the economic crisis in the US?
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World. Part of the cause may be due to policies of the US government but the same can also be said for other countries. It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
Is Ireland having a crisis?
yes! economic crisis
Is high education the solution to economic crisis?
Personally, yes education is the solution to economic crisis.
Who is responsible for the current economic situation in the US?
G W Bush
When will the crisis over?
You have to be more specific when you are talking about "crisis". Do you mean the economic crisis?
What will the 700 billion dollar bailout solve?
It will solve the economic crisis that has affected the US and the whole world
