Mortgage Crisis
Discussion:
1. What do you know about the subprime mortgage crisis?
2. How does the crisis affect the banking industry?
3. Describe what you saw in the picture.
4. Should people be more cautious when they apply a loan to pay for the house?
5. Will the mortgage crisis get worse? Why?
Reading:
From Reuters
Reference:
Description
Many American homeowners can’t keep up with their mortgage payments, causing the crisis in the banking industry.
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