Saturday, August 13, 2011

Less money in Uncle Sam's pocket?


United States of America known as one of the powerful country in the world is said to be in its crucial situation. With this stocks hitting down it really affects not only America but also the other countries. Uncle Sams currency is weakening, causing a doubt for investors to put their golds in an unsure hit or situation; and because of this its like a virus that will affect the system. Like the massive rate of lost in employment from middle class down to bottom. Eased concerns that the economy was heading back into recession as feared by investors, and buoyed U.S. stocks. As we look back starting the year of 2000 we have seen that the Americans are so found of using credit line resulting to this years that this debts are putting Uncle Sam’s money to nowhere; like a trash being thrown in the garbage.

Why are we experiencing this? Actually reading the news and seeing this on t.v, If America is experiencing this economic crisis other countries will also encounter this situations and worst it will hit poor countries in a massive pace. If this so will continue to happen; worst poverty is with-in reach and gaining back the lost wealth is a sweat to perspire double time. Can we site some reason why this things happened? From the war to the debts and the prize hikes are some results of economic downfall.


_ANN_

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