We all know of the Global FInancial Crisis in America on September 2008. However, I don't really understand this.
How does the banks going broke cause America to go into recession?
And btw, how does America going into recession, cause job losses in other countries??
Please help me
How does the banks going broke cause America to go into recession?
And btw, how does America going into recession, cause job losses in other countries??
Please help me