Imprudent 1100 Words You Need Week 24 Day 2

Imprudent 1100 Words You Need Imprudent 1100 Words You Need /ɪmˈpruː.dənt/ (adj) unwise and not considering the consequences of one's actions, stupid, foolish, showing no care, caution or forethought, impulsive, indiscreet, irresponsible, rash, hasty, careless, thoughtless, inconsiderate, incautious, unwary, reckless One of the contributory factors to the recent global financial crisis is the level of imprudent loans made by US banks and financial institutions. This article shows that US government legislation and regulation led to this behaviour. In pursuit of social justice objectives, the US government created an artificial market that ultimately had unintended and adverse consequences for the financial ...