That is the question!  The truth of the entire economic meltdown was the extension of too much credit for high risk loans.

When the economy slowed down, U.S. citizens only saved 1 percent of their earnings.  Living from paycheck to paycheck ended in economic disaster.

When Bill Clinton signed the World Trade Agreement, U.S. manufacturers fled as fast as their greedy dreams could carry them.  (No doubt in their private jets.)

By moving basic manufacturing to the cheapest labor on planet earth, they could produce cheap and sell big time back in the U.S.A.