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Why are fast bogadi potentially risky from an economic stance?

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Final answer:

Fast bogadi can be risky from an economic stance due to problems in the banking system resulting in decreased loan availability and negative impacts on sectors like business investment, home construction, and car manufacturing.

Step-by-step explanation:

Fast bogadi can be potentially risky from an economic stance due to several factors. For example, if banks are not functioning properly, it can impact the convenience and security of transactions in the economy. Additionally, if banks are under financial stress and loans become less available, it can have negative effects on sectors like business investment, home construction, and car manufacturing, which rely on borrowed money.

An illustration of this pattern can be seen in the 2008-2009 Great Recession, where a widespread decline in the value of bank assets led to a decrease in loan availability, resulting in significant economic challenges.

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