The Economy and Me

Posted by admin | Economy, Business, Bank, Money, Business News, AIG, Lehman Brothers | Tuesday 30 September 2008 1:37 am

The current situation of the US economy is really horrendous. Many people are panicking because of this crisis. But is really the time for panic? I guess not. From the bankruptcy of the Lehman Brothers, the downfall of Meryl Lynch and the crisis on going to American Insurance Group (AIG) are really not good signs. The worst case is, it’s also affecting the world economy. What needs to be done? There are a lot of economist and advisors and even the government now is taking actions in order to save the drowning economy and even thinking of passing the bailout bill. They said that this is the biggest flank of our economy.

Bankruptcy is a negative thing, but can also be a positive thing for some other people. It’s an eye opener. This is the not the right time for blaming people but instead this is the time for unity and oneness of our nation. Maybe it’s sending us an important message. Let’s all try to reflect and find out what are the things that did not work out and replace it with some other nice ideas. As a citizen, we can contribute in helping our economy by saving and being responsible. We’ve been there, and this time, I think with the help of our countrymen, we can surpass this crisis.

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