2008年10月13日月曜日

Economic Down Fall


This past week was the worst of the stock market. It seemed like points would drop by three digits everyday. This first started with the large banking companies that had been greedy in their business. About two weeks ago, these few companies announced their bankruptcy. This caused global trauma and people began to loose faith in banks and in the stocks, just like in the Great Depression. With people taking money out of the banks because they don't trust the system has brought global economic down fall and might make humanity once again enter the stone ages. I think that if people stopped pulling money out of banks and stocks, the economy will recover. What do you think???

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