XGamer0611 on 21 January 2008
You can thank the banks for the recession. Here in the USA banks love doling out credit. You can have no job and no income and get a credit card with a limit of $8000.
As a matter of fact my cousin who has no job has three cards with about $5000 limit on each one. A Credit Crisis is causing the recession. Also, lots of morons who are taking double mortgages on a house then they can't afford the monthly payments which end in foreclosure.
USA defaulting = buy now, pay later.
