Tuesday February 09 2010

follow on twitter | about | webmail | emailer | contact | sitemap | rss | comment rss

Global Financial Crisis – Visualized

The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. 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.

Get Adobe Flash player
By: Jonathan Jarvis

More:
http://www.globalissues.org/article/768/global-financial-crisis

Posted on November 8, 2009
Events, Micronomore | 4 Comments

Comments

4 Responses to “Global Financial Crisis – Visualized”

  1. Abelardo Padiosa on November 9th, 2009 1:43 am

    Very informative indeed! This is loaded with relevant information to help us understand the crisis. I am asking myself now: Can we still recover? Really, it’s worth sharing…which may draw either inspiration or desperation to everyone.

  2. Abelardo Padios on November 9th, 2009 1:47 am

    Very informative indeed! This is loaded with information relevant to understanding the global financial crisis. I am asking myself now: Can we still recover? Really, it’s worth sharing…which may draw either inspiration or desperation to everyone.

  3. victor bacalzo on November 9th, 2009 1:57 am

    very interesting, it explains the cause of credit card crisis, global recessions and more. thanks for sharing, this is very informative.

  4. Marlowe Baring on November 9th, 2009 2:03 am

    Actually, it pays to know. We can’t just do anything without knowing what’s going on or else we might end up like those who made this global financial crisis possible.

Leave a Reply