There are two basic, interrelated causes: sub-prime mortgages and the unprecedented bubble in housing prices. The sub-prime mortgages are what are getting all the headlines.
The world today is entering a period of rapid climate change due in large part to increasing the atmospheric concentration of energy-trapping gases. This amplifies the natural “greenhouse effect” that makes the Earth habitable.
The No Child Left Behind Act has generated widespread frustration and resentment among teachers and administrators at the state and local level, but the opposition now goes beyond educators.
Hay dos causas básicas e interrelacionadas: las hipotecas de alto riesgo (“subprime”) y la burbuja sin precedente en los precios de inmuebles. Las hipotecas de alto riesgo ocupan todos los titulares.