Recently I read an article about Global Issues, this issue is about the Global Financial Crisis. This article talks about who is in trouble in the economy and what did people and companies and even nations do to go this far in debt. It talks about how this could have been avoided and what companies and nations can do for next time. For example companies with alot of money would soon run out, then they would have to turn to the government for a bail out which would in return weaken the nations economy if this happen often. Also as a result the bigger companies would ask for more money disminishing the countries economy. As an effect of that the nation goes under and the people suffer, they lose their jobs, their house and people have to live on less of everything. A text to world connection I can make is when I was watching the World Baseball Classic in China I noticed that there were not as many people in the stands for such a big event. From this I can infer that the Chinese economy is not doing so well. Overall The Global Financial Crisis has an effect on ones nation and in return has effect on the whole entire world.
Shah, Anup. "Global Issues ." Global Financial Issues. 2 Mar 2009. 8 Mar 2009
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