Posted by
William on Tuesday, September 25, 2007 11:20:06 AM
I've been thinking about this for a while now, and since we are in the middle of a credit crunch I couldn't think of a better time to ask this question.
With us now at the start of the "Global Economy" should we expect more things like the Credit Crunch? What would happen if we had a "Global Recession"? What could the governments of the world do to restore confidence in the "Global Market"?
In the next few years, we are going to experience these issues at one time or another because no one in the world has ever had to deal with these issues before because the world economy has never been so closely linked to each other as it is now. Is the current issues in the market going to create this generation's first economic depression? Do you think it's going to Rival or perhaps surpass the "Great Depression?
Just food for thought.
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