The Mortgage Meltdown and Credit Crunch Explained
Q: How did the mortgage meltdown and wall street’s woes lead to the credit crunch? A: The economic crisis that initially began when sub-prime mortgages started unraveling in 2006 and 2007, became a full-scale financial meltdown in 2008, and continues today to have a huge impact on the overall economy, as well as on you …
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