- Words: 612
- Length: 2 Pages
- Topic: Economics
- Paper #: 65897049
China for instance, which was more protective and where the government was more involved in the regulation of the financial sector, feels the economic repercussions to a lesser degree (Batson, 2009).
3. Avoid over-inflation of prices
The root cause of the sub-prime mortgages was the necessity for people to buy houses at unrealistically high prices. As a future recommendation then, better controls should be instated not only within financial markets, but