Lots of answers have been given to this very question over the past few months, and the blame-game never seems to stop. Corrupt Wall Street firms have been accused of greed of the highest order, banks have been accused for their part in the easy loans which led to the massive foreclosures and some have even gone so far as to state that ordinary citizens are to blame in their endless quest for easy money through loans, and endless appetite for consumer goods that they could not truly afford.
And unfortunately, some predict that the economy is still losing more jobs than we've seen for years, in sharp contrast to the sunny predictions we've been hearing from others. All the more reason to figure out who is really to blame, and quickly. . or more likely, which percentage of the above contributors is responsible for which percentage of the damage.
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