24th September 2008

Financial crisis in the US

Well history certainly is in the making, there is no doubt about that.  Big financial corporations are failing left and right.  I have no pity on those corporations, but I do understand that if they don’t get some kind of rescue from the US the economy is going to be in even deeper trouble than it is - and that is hard for me to imagine. 

I have a few friends who claim “so what, it doesn’t effect me, so I don’t care.”  They don’t understand that as the problems trickle down they could lose their jobs and not be able to find new ones.  Without their jobs they will be unable to pay their bills, might lose their homes and starve to death.  So this is a much bigger deal than a lot of the “common folks” really understand.  I know I’m nervous about my own job!

This entry was posted on Wednesday, September 24th, 2008 at 5:47 am and is filed under Business, General living, Money and/or Finances, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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