I would ask that you respond specifically to the following questions.Much of this does require your opinion– hopefully, factually supported opinion. Again, it is helpful to me if you identify the question that you are responding to…As usual, include at least one reference.
Your paper (response to questions) should be a minimum 500 words total and should be posted at least 3 days before the posted closing time.You are asked to use at least two outside resources, which should be listed in a simple bibliography (URL) so that others may go to those sites. Try to include the bibliography with your original posting to minimize total entries.At least two (or more) references should be included.
1. In your own words, why did the debt problem occur?
2. Is it better for our economy to allow free market forces to govern our financial services or should there be more regulation by the Federal government and the Federal Reserve?
3. Should consumers be more protected by better laws or should the idea of “consumer beware” apply in these markets? Has unfair, predatory lending been taking place at the expense of the borrower?
4. Should government help the large banks and brokerage firms and “bail them out” of these bad loans?
5. How much help should be given to borrowers who are in trouble with their mortgages?
6. Does the Federal Reserve have too much power? Did they overstep their authority in the ways that they have dealt with the problem?
7. What is your opinion of “moral hazard” concerns?
8. What “safeguards” have been put in place since the 2008 crisis? Should they be relaxed,
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