Homework Economic crisis

I think we should blame everyone! I think that the first ones that we should blame is us, the ordinary people. I say this because, first it was our need to have more material stuff that bring us to borrow lots of money to the banks. Money that the people didn’t had so they would never ever pay back the money to the banks. Then, here the banks are the ones that we should blame. Why? Well, because the banks started to borrow credits and money to people that they knew that will never pay them up. People like inmigrants and people that have a very small quantity of money. Why did the banks did this? I don’t know. I think they did it because they could. Now, in my opinion here is where the governments are to blame. If the governments had come up with laws and regulations to manage better the money this problem would have never happened. Now, for example if the government would have said that instead of borrowing 90 percent of the money of the savers they would save i don’t know maybe 50 percent of the money it would have been less off a problem and no one would be in a reccesion or coming out of an economic crisis. I think that we should change our points of views and governments and banks work together to manage the money better.