想要一篇关于世界经济问题导致很多人失业或带给人生活影响的英文总结

Do you still remember,On September 18th,we heard a piece of news that Lehman Brothers holding Incorporation declared it was bankrupt. How can we believe it,because the company is one of the strongest investing company in the Wall street,even in the world.From then on,we hear the Financial Crisis here and there,but most of us don’t know why we have financial crisis.

Before I say something furture,please remember a word sub-prime,which is the main reason of this desaster.sub-prime is a kind of loan that banks offer to the people with poor credit.

Let us suppose.In 2007 when the Estate is the most prosper.A lot people think, “ wow,this is the greatest time to invest on houses,it can brings me a huge wealth.” But they can’t afford it,because they are poor.Oh,yes,they can get loans from banks,though they are not sure wether I can pay back.But finally they got sub-primes from the bank.s.

This year,the market reahes its peak,there are so many overbulding