Friday, November 11, 2011

World in crisis

The world is so intertwined that the crisis playing out in Italy is felt the world over. A drop in the Dow Jones will surely caused the KLCI to drop as well. Since 2008, talk of world recession has gone on unabated. Why have we come to this situation? Its people living beyond their mean! Countries living beyond their mean! Borrow, borrow and more borrowing. Until you can't pay. Not so long ago it was USA. Last week it was Greece. Now its Italy. I don't know what's next.

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