Unfortunately, the event of the year is global crisis. This crisis affected many companies but mostly the workers were affected. Many workers are now unemployed due to the crisis. Actually, this crisis began with mortgage crisis. The mortgage companies gave many people home credits. However people under the prime rate couldn’t pay back these credits and as a result of this mortgage companies faced with the cash money problem. Of course this affected banks and led to the global economic crisis. This crisis make us to revise monetary system in the world. With this capitalist system rich become more rich and poor become more poor. I hope we will have a world that we won’t talk about economic crisis anymore.
1 yorum:
Yes this year a global economic crisis affected all the world and of course our country.Many people lost their jobs due to the crisis and I think this is the most important negative affect of the crisis.We must search for the ways to rescue from this situation
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