Saturday, February 14, 2009

Who will save the world?

Amidst all the gloom and despair about the world economic problem, I read an article which says that we are almost at the end of the tunnel already. The Asian countries are showing signs of stabilising. In fact China have reached rock bottom and are showing signs of recovery. The government of China pumped in the trillions of money that they have, cajoled the banks into lending more, encourage spending by the consumers and the results are showing. Nevetheless, the big economies like USA, Japan and Germany are still struggling along. It will take sometime before recovering.

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