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The World Financial Crisis – What is the Solution?
If you are reading this article because you think I have come up with the ultimate solution to our current global financial crisis, then I am really sorry to disappoint you. I have no idea, only time will tell us the right solution. In this article I am going to explore the current proposals and some of the ideas that have been put about and just cast my humble opinion upon them, so I hope you find it useful nonetheless.
Global Recession is NearA huge selloff on Friday led global markets send indexes to their lowest levels in more than fie years with believe that economy is near recession. Trading was dramatic as Dow Jones industrial fell more 500 point in early trading, before ending the day with 300 point loss. It is becoming more and more clear that economy is headed for recession even though government is trying to revive credit markets by bailout packages in hopes that lending institutions will return to normal banking operations.
