What is a financial crisis?


A financial crisis is when the economy of a country's government loses money causing prices in shops, mortgages, petrol (basically every day life needs) to rise drastically. Many people decide to blame bankers thinking that once they hand in their money they won't get it back. Comment down below if you agree with that. A financial crisis may happen after Brexit. If you don't know what Brexit is, it is when people don't like the rules Belgium make so they decide to leave the European union. This year 2018 we voted to leave the European union. Our Prime Minister is Theresa May.

Comments (3)

  • Tiff-Avatar.jpg Tiff @ the BNC
    4 days ago

    Hi meticulous_cheetah,

    Considering the possible financial impact of Brexit is a great discussion for the Hub.

    Posts are either for new discussions which aren't already written about, or for Final pieces. I found a similar discussion here:

    Your post might have been better as a comment underneath this other post!

    P.S the Brexit vote was in 2017, though it's amazing to think how long ago that was now.

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  • Evelyn-Street-logo-250x250.jpg industrious_squirrel
    Evelyn Street Primary School4 days ago

    This is such a good report. I like how you talked about Brexit as we have been doing in class!

    Reply to this comment
  • St-Josephs-Northfleet-logo-250x250.jpg ethical_brain
    St Joseph's Catholic Primary School, Northfleet4 days ago

    I like how you linked your work to Brexit in your work because it gives you a good example of what you are saying. I like your work!

    Reply to this comment

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