The one that comes most immediately to mind for me is the
current trouble that our (United States) economy is in. You can say that it started
from a relatively small leak and that it has sunk a great ship. At any rate, it has
certainly caused a lot of trouble.
The economic problems
can be traced to companies giving out mortgages to people who really could not afford
them. Each individual one of these mortgages was a very small leak. And you would
think that mortgages in general would be pretty small compared to the US economy as a
whole. But when all those mortgages got put together and when the financial companies
started making derivatives based on those mortages, they turned into a really big
deal.
Because of all these little leaks, the US entered a
huge financial crisis back in late 2008 and has not completely recovered
yet.
No comments:
Post a Comment