Why is the economy?...

Money is only worthless when we lose faith in it. Gold would have been worthless if people didn’t believe it had value.

because people aare so stupid now a days they dont care about all the animals or about other people they just care about themselves witch is very stupid.So that’s why the economy is where it is because everybody accept select few have a me first attitude and they dont care!!! I hope this helped you a lil bit thank you bye.

because of president Bush.

Why do people insist on bashing Bush so much? Why did people bash King George the III during the American Revolution? Don’t you people relize it’s the legislative branch of the governments has most of the power in respect of wars and the economy?

Quit blaming it on any one person. Call the majority of the American public idiots, because they’re the ones who put people in power. I think bush had as many good as bads, but its like this. If you do one hundred great things, great, and all. You have a decent reputation in your area of expertise, ect. But you make a few small mistakes, or one big one, and suddenly, all of that credibility goes down the toilet. Before you start quoting the negative mainstream media, look for yourself at both the good and bad.

Its very complicated but (dont take this the wrong way) it’s mostly down to america and Bush. The banks borrowed money to people who couldnt repay it and then they had no money let. Thats just one reason theres a few that mix in to cause this massive problem.

IN England there printing more money. That will not work. We’ll proberly get hyperinflation and you really dont want that. Money is worthless

Congress made the rules and had oversight of the financial operations of the failed Fannie Mae and Freddy Mac which sent the economy in a downward spiral - Congress was warned there were problems with them 2 years before they failed - warnings ignored, statements made ‘they’re going to be solid going forward’ - many people regrettably lost everything because they trusted this so-called ‘wise’ advice from Congress persons on the banking committee - as usual however, none were or will be held accountable - the committee required the banks to lend to persons they knew could not afford the mortgage payments - some cases, the applicants were not even required to enter their monthly income - People are snowed and complacient and continue to elect the ones truely responsible - the Gov’t spends / bails too much and overtaxes the people - Gov’t is the problem - people the solution.