The global financial crisis,brewing for a while, reallystarted to show its effects inthe middle of 2007 and into2008. Around the world stock markets have fallen, large financial
institutions have collapsed or been bought
out, and governments in even the wealthiest
nations have had to come up with rescue
packages to bail out their financial systems.
On the one hand many people are concerned
that those responsible for the financial
problems are the ones being bailed out, while
on the other hand, a global financial
meltdown will affect the livelihoods of almost
everyone in an increasingly inter-connected
world. The problem could have been avoided,
if ideologues supporting the current
economics models weren’t so vocal,
influential and inconsiderate of others’
viewpoints and concerns.
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