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someone explain this economy shit
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<blockquote data-quote="bose301s" data-source="post: 5671701" data-attributes="member: 575773"><p>You have to remember that the Recession started in December of 2007, this was before gas hit meteoric levels, it was still high granted, but not over $3.00/gal. The biggest cause was the sub prime mortgage crisis. When people couldn't pay loans that they were given the banks started losing money. As more of this happened the houses could no longer sell and the banks already being over extended took a shit.</p></blockquote><p></p>
[QUOTE="bose301s, post: 5671701, member: 575773"] You have to remember that the Recession started in December of 2007, this was before gas hit meteoric levels, it was still high granted, but not over $3.00/gal. The biggest cause was the sub prime mortgage crisis. When people couldn't pay loans that they were given the banks started losing money. As more of this happened the houses could no longer sell and the banks already being over extended took a shit. [/QUOTE]
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someone explain this economy shit
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