Markets throughout the world are rallying southwards, the financial turmoil which started with US housing downturn has now starting showing its effects every where in the world. Here find some of the comments from the common people, who are directly affected by this financial crisis.
Expressions like :
1. Sensex is down, its all time low.
2. I have lost 100,00$ in this financial crisis.
3. I think the whole world is in a problem.
4. World economy is tied to US economy, which make even thing harder for the other economy to survive this global turmoil.
5. Besides, the whole world has invested in the US market, they will in the same ride as US is.
6.Stock exchanges are all time low, all major banks in the US are plummeting like anything.
7. How can they lend money, to anybody without any supervision.
8. If subprime mortgage wouldn't happened in US, it would not have happened anywhere else in the world.
9.Next 6-8 months will be tough, will see more downgrades in the unemployment levels etc.
10.Its has to get better,its cannot get worse.
The expression clearly shows hoe badly the crisis are, and how bad it can be if its not rectified in coming months.
Thanks&Regards,
Mohit
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