The Savings and Loan Crisis in the 1980s was a result of
-the cost of fighting the Persian Gulf War.
-the cost of restoring order during the LA riots.
-the number of new taxes.
-the number of failing banks.

Savings and Loan Banks were inherently risky endeavors and depositors kept pumping into them because they loaned on risky terms (similar to 2008 mortgage collapse).

When this system collapsed, the banks collapsed.

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ogorwyne ogorwyne · Answer 2 · 2022-06-01T16:04:56+02:00

The Savings and Loan Crisis in the 1980s was a result of -the number of failing banks.

What was the saving and loan crisis?

This was a crisis that hit the financial sector of the United States during the 1980s. The reason for the crisis was due to the fact that people could not access their savings.

Also the ones that were in need of loans could no longer get access to loans as well.

The Savings and Loan Crisis in the 1980s was a result of -the cost of fighting the Persian Gulf War. -the cost of restoring order during the LA riots. -the number of new taxes. -the number of failing banks.

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What was the saving and loan crisis?

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The Savings and Loan Crisis in the 1980s was a result of
-the cost of fighting the Persian Gulf War.
-the cost of restoring order during the LA riots.
-the number of new taxes.
-the number of failing banks.