Dedicate this to Mr. Simon cause he's the one making us have to do this project about the Great recession and what happened to the banks.
4 little borrowers came into the big bad bank to ask for loans since they wanted to all buy new houses. The big bad bank excepted but it was wrong for them to accept it because later on nobody was able to pay off their loans. This meant that the big bad bank was going down and the economy was getting bad.
Since the big bad bank was going down other banks started to get scared. They were scared because they did not want their own business to go down.
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Dedicate this to Mr. Simon cause he's the one making us have to do this project about the Great recession and what happened to the banks.
4 little borrowers came into the big bad bank to ask for loans since they wanted to all buy new houses. The big bad bank excepted but it was wrong for them to accept it because later on nobody was able to pay off their loans. This meant that the big bad bank was going down and the economy was getting bad.
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