Economy: Loans

Interview of a small Business owner in 2002. Robin and Randy DuBois explained how a loan was obtained, and they changes that were being made that lead to a time in the economy when business began to boom. When business is booming, money is moving around this creates security for people. The people who took out loans are able to pay them back because they have money coming in. Banks are able to continue to loan out more money because the people they already have loans with are able to pay them back. People are more comfortable spending money on things like fashion then they are in harder times when they can't be sure how much income they will be taking in.

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