One of the causes for America's 2009 economic crisis was the invention of subprime mortgages, for 'second class' clients, who previously did not have access to credits, but the innovation of securitizing these mortgages arose, clients paid only interest the first years, making the quotas lower, but the interest rates were variable and then they were increasing and the salaries were being eaten by those payments, the central bank allowed the rules of the game to be changed, because of the crisis that was coming, this left thousands of Americans unemployed and without homes. In all this the government did not intervene favorably, on the contrary, after a while it helped the financial system to recover, but no citizen could do it.
Answer:
A camp in Adelboden on train
Explanation:
The author's tone makes it feel like someone is telling a story, kind of like an oral history.
Answer: Look down to the explanation
Explanation:
I think it means when you fail, it's another opportunity for you to start again, but try again diligently. In simple words it means to learn from your mistakes and carefully make choices so you won't have to repeat them again.
I hope this helps you!