How was the economics impacted by the mortgage meltdown?

It has slowed the economic recovery a great deal. We have all either been directly or indirectly impacted by the mortgage meltdown. It seemed like you just needed to be able to "breathe" and you could have gotten a loan.

Stated Income Loans were used widely by everyone and required almost no documentation other than whatever you wanted to put down. Then, when people were upside down on their loans, the government tightened everything. This time period allowed even qualified people not being able to get a loan.

We went from one extreme to the next, causing greater distress on the economy. Now, the economy appears to be steadying out a bit and the laws are more balanced. There is finally light at the end of the tunnel.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.