The Downfall: The World Economic Crisis
The economic crisis has shrouded the entire world these days. All countries are trapped in this mess and even countries which have strong economic conditions are also suffering from this situation. These economies were based on frail policies which have collapsed then resulting in a world economic crisis. Powerful people couldn’t do nothing but stop and watch while economy falls.
Food, medicine, weapons, technology, everything is falling down. The truth is, we have nothing to blame but ourselves. Lending institutions for example, borrowers does not pay attention to the amount of money he or she will be paying, the interest in the contract is also being ignored. Since the income is not enough, the borrower finds himself in deep debt. Automobile sales have also fall to a record low as well as the air travel. People are spending less on such things as people focus on the major necessity thus results in the rise of depression.
The only way to stop this crisis is for us people to be responsible, discipline and selfless. We should also abstain from trying to gain control over natural resources of other countries.


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