People want loan.
Bank gives loan too easily to people who can't afford it.
People buy house/whatever with loan.
People can't repay loan.
Bank takes house/whatever bought with loan.
Bank tries to sell it to get its money back.
Banks trying to get rid of houses at the same time.
House prices drop.
Banks don't get their money back.
Banks collapse.
Bank gives loan too easily to people who can't afford it.
People buy house/whatever with loan.
People can't repay loan.
Bank takes house/whatever bought with loan.
Bank tries to sell it to get its money back.
Banks trying to get rid of houses at the same time.
House prices drop.
Banks don't get their money back.
Banks collapse.
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