This recession has been the biggest economic battle of my life. Everything that could go wrong went wrong. The event that led to this recession was the housing crisis, in which banks granted loans, almost without any restrictions. People were caught up in one of the best economic times in our history. Confidence was everywhere and the ideal mentality affected everyone. When the economy reached new highs, people thought that the supply and demand chain would continuously increase. The business cycle seemed to be a lie to many Americans. However, the business cycle is real and the world experiences a part of it every day. When deregulation became extreme and private companies, especially banks, took all the power, nothing could stop them from making money. For banks to earn large sums of money is by making loans. However, the economy spiraled out of control. Now there are many unemployed people with no money and no home. The amount of foreclosures has increased significantly since the start of the recession. Well, it's horrible that all these fellow citizens have lost their homes to foreclosure, but as a country we need to look forward and figure out how to fix the situation. One of the biggest burdens for a home buyer is the idea that whoever lends the money received from the buyer will make a significant amount of profit or interest on the loan. In capitalist society like that of the United States, competition and profits are the very essence of the economy. However, when a recession occurs or is about to occur, banks and other borrowers need to be on the buyer's side. It is necessary to argue with the banks to demonstrate how profits in difficult times hurt them too. All past facts must be presented and sympathy must be put on paper. In today's society it is difficult to try to find affordable homes. However, with this idea, there would be cheaper homes and a bigger market for each home. A foreclosed family could afford another home, especially if they told the truth about their income. Banks, creditors and mortgage companies should be forced to return the money they "stole" from every single person. They're the ones who allowed this whole foreclosure crisis to happen, so they need to fix it, whatever it takes. From these ideas comes greater regulation of the market. I don't want permanent government involvement, but to heal the economy, the government needs to get involved, watch the bad guys in action and stop them. If the government got involved, companies could get an idea of ​​how the government works and could become more aware and less hungry for power and profit..