There is no doubt that nowadays everyone is affected, more or less, by recession. All countries faced economical collapses, of a greater or lower magnitude, one of the biggest causes being debt. People often jumped into making credits, assured by the fact that their guaranteed salary was more than enough to sustain them. Banks also considered that many credits equals big interest, thus giving them too easy. These things taken into consideration, we can clearly state that everyone is responsible for the present situation.
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