Why did the stock market recently crash (more specifucally banks)? Who or

  • Thread starter Thread starter ?ELiZABETH?
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?ELiZABETH?

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what caused it? ? I'm only sixteen. I'm not one of those careless teenagers who doesn't watch the news and doesn't know what going on economically or politically.

Anyways, I was wondering why the stock market crashed? And who caused this mess? I mean I have a college tuition in Wamu (one of those critically affected in the stock market), Am i getting interest/investing anything? I go to college in 2 years and I only have 2 grand! Well I'm taking AP classes so I wont have to pay for college but what I majoring in I have to pay for unless a miracle happens and I get a scholarship... My dad says if I take my money out of the bank I would have to pay the bank. How valid is this? I am really freaking out i wontt be able to get a college loan or a car loan! no car, no college = no life! what should I do about my investments? Just wait for the next president? John McCain? or Barrack Obama? whoever is chosen to reluctantly fix this financial disaster and gets blamed at when were still in debt. AMERICAN WANT A CHANGE AND SO DO I! ECONOMICALLY, ENVIORMENTALLY, MEDICALLY, AND MORALLY! I don't care if I dont get to vote until 2012'! I'm just glad that my parents are for the same president. I'm not saying who because I dont wanna get into a political arguement when im already in a financial dilema like everyone else! I'm sorry if It seems like I'm asking alot but if you answer as much as you can ill be happy. :=[
 
people spending more then they make ,Invest in precious metals ie silver gold platium always a safe bet
 
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