Thursday, November 20, 2008

Patricia 3ºB Spain

Crisis in the World's Economy

Everywhere people are talking about terrible crisis in the world's economy. In general, things are more expensive and people are unemployed because factories can't sell their products. For example lots of famous car factories are closing. If you don't have a job, you don't have money and if you don't have money, you can't spend it. The problem is that banks have problems too and they don't lend their money. Another problem is that when people get married you need a house, but the banks now don't give you a mortgage.

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