I agree that during the current recession the banks were len

I agree that during the current recession the banks were lending irresponsibly. Do you think that changes have been made in the banking industry to prevent or minimize such irresponsible lending practices?

Solution

In my opinion to stop this economic crash the government must take show serious actions First,giving eduation to people who purchase new home.Poeple don\'t know much about the loan condition and thier agreed to take loans from bank by which company economy profit in mind.When there is proper awareness about the banking method it will result in less confusion and panic when the economy begin falling.There must be some proper rules while dealing with the public money which don\'t have any disadvantage.Government need to appoint new financial adviser.