I do not understand this "world wide financial crisis". Do you?

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    Best Answer (Chosen by Voting):

    ianrockwell - 41-45 years old - male

    Posted by ianrockwell May 12th, 2010 at 12:42AM

    your not supposed to

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8 Answers to "I do not understand this "world wide financial crisis". Do you?"

  1. hammerhead1949 - 61-65 years old - male

    Posted by hammerhead1949 May 8th, 2010 at 11:35AM

    Socialism

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  2. MaybePhil - 36-40 years old

    Posted by MaybePhil May 8th, 2010 at 10:46AM

    the bankers made a lot of bad bets, they got the governments to bail them out, which makes it possible for the future one world government to bail them all out for transfers of power.

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  3. easynow - 22-25 years old - male

    Posted by easynow May 8th, 2010 at 10:16AM

    even the finest minds in the world don't understand it

    basically if the US sneezes the rest of the world catches a cold (EVEN China) - such is her power

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  4. kazwaz1977 - 31-35 years old - female

    Posted by kazwaz1977 May 8th, 2010 at 10:14AM

    It's a good justification for raising taxes and robbing us blind.

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  5. 7thunders - 46-50 years old - female

    Posted by 7thunders May 8th, 2010 at 9:17AM

    It's what you get when you play with Monopoly Money. You know it's not real, but it sure feels real when you're spending it, especially buying five houses and trading to a hotel and placing them on Boardwalk and Park Place.

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  6. Opalgem - 36-40 years old - female

    Posted by Opalgem May 8th, 2010 at 9:11AM

    Isn't odd to hear about an entire country becoming bankrupt. How does that work? If you have people working their socks off, building the nation's economy...but the country has no money to spend on itself...??

    And if you read that other countries are not that much better off - and therefore may not be able to help.....who has all the money then? Money doesn't just disappear does it?

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  7. SeekingEternalBliss - 26-30 years old - male

    Posted by SeekingEternalBliss May 8th, 2010 at 8:56AM

    I think media shares equal blame here. All news channels, comedy shows and everyone's mother on TV is talking about the economic crisis and spreading rumors, which causes panic and leads us to make stupid impulse decisions, making a bad situation worse.

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