"Jolted by rising unemployment and shrinking investment portfolios, Americans have been feeling the pain of the world's worst financial upheaval in more than a half century. As President George W. Bush and leaders of other major countries meet here for an economic summit, many are wondering if they'll be able to find common ground for relief."
Meltdown 101: Will the world economic summit help?
Jeannine Aversa, AP November 14
http://www.google.com/hostednews/ap/article/ALeqM5gulxT_fMzSinmjdXxpkCC92zoDowD94ETP880
My interests revolve around the economics of this global economy. I think this current economic downturn has been a reflection of just how interconnected our economies are on a global scale in this day and age. One country cannot experience economic trauma without affecting the entire global economy in the same manner. I still feel markets will work themselves out if regulation is limited and the governments involved do not put too many constraints on them. Most interesting to my particular market in trading global currencies, is the fact the the US dollar is actually at the same level today vs major currencies like the EURO as it was in 2006.
No comments:
Post a Comment