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Banks loan out money for morgage. 

People cant pay for the morgage. 

Bank loses money

Bank goes bankrupt

A lot of people cant pay the banks

Stock goes down, the stocks begin to fail, everyone with stock loses money.

Companies begin to lose money because their stock isn’t worth as much

They cant pay their employers, people lose their jobs

They can’t buy as many things, we buy things from other countries, mexico, china etc

The companies that aren’t selling anything lay off people in other countries, everyone in the other countries don’t have money, all the countries that depend on that country has the same thing happen to them.