Building roads and structures the citizens don’t want because the states/cities do that
Stocks directly affected only 4 million out of 120 million people. Indirectly:
-Risky loans hurt banks
-Consumer borrowing
-Bank runs
-Bank failures
-Savings wiped out (Banks failures wiped out peoples saving)
-Cuts in production
-Rise in unemployment
-Further cuts in production
What’s the question then ????
