| Author | Comment | |||
|---|---|---|---|---|
 Nara |
Financial Crisis |
Lead | ||
|
Super Member
Posts: 176 06/11/08 2:45 PM |
Did you hear about the financial crisis in your country or other countries these days?
Did it affect your life, your business or your country's economic state? In your opinion, what is the causes of these crisis, and do you think that there is a solution for this problem? |
|||
|
|
||||
|
ivo |
Financial crisis | #1 | ||
|
I'm new, say "Hi!"
Posts: 1 11/11/08 1:29 PM |
My country is Bulgaria and the answer of your question is YES, there is consequences arising from world financial crisis but the official opinion of our government is " everything is fine. Our economy will resist, there is no place for panic ". Yes, maybe they don't want to have a panic among the public, but according to the circumstances we must to be prepared to respond appropriately (adequately). P.S. Apologize for spelling and grammatical errors in advance
|
|||
|
|
||||
|
Nara |
#2 | |||
|
Super Member
Posts: 176 11/11/08 8:54 PM |
Hi ivo
P.S.don't apologize, my grammatical mistakes is not better than yours. |
|||
|
|
||||
|
jam |
#3 | |||
|
Super Member
Posts: 268 12/11/08 1:46 AM |
Financial Crisis
Interesting topic. I live in Spain and the Economy is not my strong point, but these days everybody can comment on the crisis, so there it is my opinion. We're in an economic recession period, it is obvious, but I think these kind of periods are cyclical throughout history therefore I am only a little worried about the financial crisis. Rich countries are getting richer and poor countries are becoming poorer. Human nature, stupid politicians, ... who knows? Financial crisis have changed the world permanently, sometimes to better, sometimes to worse. Nara, I think there is no solution for this problem, but I wish I was wrong. |
|||
|
|
||||
|
Lynne Hand |
#4 | |||
|
Super Member
Posts: 27620 12/11/08 6:40 PM Your Teacher |
Hi guys,
I do look in, honest, but I can't give word for word correction. However:- Nara:- Have you heard about the financial crisis in your country or other countries these days? Jam:- ... sometimes for the better, sometimes for the worse. Ivo:- ...there are consequences arising from the world financial crisis... |
|||
|
|
||||
|
doukan |
#5 | |||
|
I'm new, say "Hi!"
Posts: 3 16/12/08 2:41 PM |
My country is Turkey and we used to effect about all of crisis.
Capitalism is a non-fair system, companies control the world but humans can't control the companies.Is there a alternative system? Maybe. I don't know. |
|||
|
|
||||
|
Lynne Hand |
#6 | |||
|
Super Member
Posts: 27620 16/12/08 10:09 PM Your Teacher |
A bit of socialism and a bit of capitalism is the only thing that seems to make sense to me.
And never forget that humans run the companies. Humans can certainly control the companies, but first humans must learn to control themselves. PS - unfair |
|||
|
|
||||
|
jarp81 |
#7 | |||
|
Super Member
Posts: 152 19/12/08 8:41 PM Loyal Member |
Hi,
It so sad hear that all the prices go down and we might get the more cheaper fuel for our vehicles..rhetorical;). We should sometimes understand that the money isn't the most important thing in the world and we don't need a new family houses or new big family cars. It usually go that way we want things so badly that we don't see any farther. I'm so happy that we have a financial crisis and we might face the recession and lay off. But I hate that as poor people in Africa need to suffering because of that some of American's banks had completely broke. Hope things go the better way and our economy is balanced soon.. |
|||
|
|
||||
|
Lynne Hand |
#8 | |||
|
Super Member
Posts: 27620 19/12/08 11:07 PM Your Teacher |
Hi Jarp,
As you say, needs vs wants. They change. My grandmother's needs were very simple. My needs? Sometimes I think I'm greedy about what I think I need. What we must remember, as some people crow about the financial crisis (and believe me some people are really happy about it). There are many innocent people, with small needs, who will suffer greatly because of the greed of a few. |
|||
|
|
||||
|
marjan |
#9 | |||
|
Super Member
Posts: 570 20/12/08 1:47 PM |
I am totally agree with you Lynne. What happen to people who have small needs ?I think they are real victims of financial crisis.
|
|||
|
|
||||
|
lazyworker |
#10 | |||
|
Newbie
Posts: 19 23/12/08 2:36 PM |
It's just a financial crisis not the doomsday.
|
|||
|
|
||||
|
ghostghost |
#11 | |||
|
Say "Hi"
Posts: 3 26/12/08 9:36 AM |
financial crisis ? It is really a big question these days.
I am from China . I don't know whether it influenced our country but influenced me . Because I want to change the job , but now to find a job became a so hard work to do . no company want to employ new staff but to reduce the stafftrimmer. It is a suffer situation for me . |
|||
|
|
||||
|
Lynne Hand |
#12 | |||
|
Super Member
Posts: 27620 01/01/09 3:24 PM Your Teacher |
Hi Ghost,
It was very noticeable in the UK. There are closing down sales everywhere. Even Woolworths (the bastion of bargain shops) has closed down. I went in to have a look at the sale, but it was too depressing for me to buy anything (even at 70% off). I just felt for the people who are about to lose their jobs through no fault of their own. I hope you find that your current job improves. I really don't think this is the right time to make major changes in employment. |
|||
|
|
||||
|
lukamin |
#13 | |||
|
Keen Member
Posts: 38 11/01/09 11:32 AM |
I live in Turkey and I can easily feel that the global crisis also affected us even though the goverment claims the contrary.
Our prime minister says "Don't panic, the crisis will just go past us.", but the reality is not the same. Many companies have let many people go and we fear a worse wave is on the way. Interest rates have risen, bank loans are getting recalled for higher interest rates. And my debt is also bigger now 
|
|||
|
|
||||
|
Lynne Hand |
#14 | |||
|
Super Member
Posts: 27620 11/01/09 12:40 PM Your Teacher |
Believe it or not interest rates in the UK are at their lowest since the Bank of England was formed, 1.5% p a. It's a funny old world, isn't it?
|
|||
|
|
||||
|
giovanni2111 |
#15 | |||
|
Super Member
Posts: 350 14/01/09 9:13 AM Moderator |
Well, I'm afraid God is going to punish the poor countries too....:-)
As a matter of fact, times of financial crisis are worst for poor than rich, as History teaches. |
|||
|
|
||||
|
Lynne Hand |
#16 | |||
|
Super Member
Posts: 27620 14/01/09 10:29 AM Your Teacher |
I don't think of any of this as "punishment", it's just inevitable. What goes up, must come down.
|
|||
|
|
||||
|
lukamin |
#17 | |||
|
Keen Member
Posts: 38 17/01/09 10:14 AM |
Lynne Hand wrote:Exactly ! The world is just correcting its mistakes. |
|||
|
|
||||
|
Lynne Hand |
#18 | |||
|
Super Member
Posts: 27620 17/01/09 2:39 PM Your Teacher |
|
|||
|
|
||||
|
poetria1 |
#19 | |||
|
Moderator
Super Member
Posts: 2791 17/01/09 8:23 PM Moderator |
Yes, I won't avoid punishment. Or I am already punished. I committed many sins in my life
That's why my laptop's producer went bankrupt. If they
had known it, they wouldn't have sold it to me
Be plain, good son, and homely in thy drift; Riddling confession finds but riddling shrift. |
|||
|
|
||||
|
giovanni2111 |
#20 | |||
|
Super Member
Posts: 350 09/02/09 9:15 AM Moderator |
Reading again the whole matter ( of course I agree with you about punishment, Lynne) what is exactly a staff trimmer (on the top) ?
I've been looking for this morning in dictionary.com but I haven't found so far. |
|||
|
|
||||
That's why we are here.
