Posted by : Emog in (Finance and Stocks)
Global Financial Meltdown
I have been listening to the news over the past week and there
seems to be a series of events that have been recurrent on the
news. It started with the food crisis a while ago and now its a
financial crisis that has moved around the globe causing untold
hardship and wide spread panic.
The US president signed a $700 billion bailout fund to help
save the US economy from an impending recession. This has
been as a result of a lot of top financial houses going under.
Former US president Bill Clinton traced the problem to the
early 90’s when there was a crisis in the stock market. Read the rest of this entry »