The Causes And Effects Of The Great Recession Essay
When I was growing up it always seemed like my parents never had enough money, and beginning shortly after my twelfth birthday there were a few particularly difficult years when they would often receive letters from the bank threatening foreclosure on our house. I vividly remember listening to my parents talking, or rather fighting, about these letters which would arrive every few months in ugly yellow envelopes. I would sit on the floor at the top of the staircase where I knew I would be out of their view and lean my head against the banister so I could make out every word of the conversation.
From my second-story perch I could clearly hear the agitation in my mother’s voice when she would ask, “What are we going to do? If we don’t get caught up on our mortgage they’re going to take the house.” “I don’t know,” my father would reply blankly.
“What do you mean you don’t know?” she hissed.…