Thursday, October 9, 2008

Did American greed pushed the world markets into turmoil.

Did American greed pushed the world markets into turmoil.

In less than a month 10 Trillion Dollars wealth vanished from world markets. Millions of investors lost their life savings. People near the retirement age have no choice but to extend their work carriers beyond 75 years age. The social security system was collapsed, and the health care system was collapsed. Millions of Americans lost jobs. Auto companies are about to bankrupt. Already all the commercial and investment banks are collapsed. State governments are failing.

The greed that was responsible for all this.

Continue ....

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