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what is you opinion 11:37 4 = 5G 71% + Expert Q&A + Money nas a time value was the principle that stuck out to
what is you opinion
11:37 4 = 5G 71% + Expert Q&A + Money nas a time value was the principle that stuck out to me. This principle resonated with me because it puts in perspective the time I've wasted not investing. Money I spent in the past could have been reallocated into investments and could have grown overtime. 2) The book discusses the recent Global Financial Crisis. Do you expect another crisis in the future? Why or why not? I do believe there will be another financial crisis in the future. As the saying goes, "history repeats itself". How, when, or the severity of it! do not know but the financial system is imperfect, and a financial crisis seems to be reoccurring throughout time. 3) What do you think were the causes of the last financial crisis? According to the text, it seems like negligence and greed led to the financial crisis. I believe this is the case because the mortgage brokers would be paid per mortgage sold. Whether the borrower would be able to pay off the mortgage was not of the seller's concern. Therefore, anyone who was in the business of purchasing a mortgage was essentially guaranteed to get one, even if they were not qualified. 4) Any ideas on how changes can be made to lower the chances of a future meltdown? In the future having more checks and balances to make sure things are operating for the betterment of the country and not just for those cellinn the mortaanes
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