Economic crisis continues


Bank bailout in the USA, cartoon

The economic crisis continues.

US stocks hit lowest level in 12 years: here.

As unemployment hits double digits, California lurches towards depression: here. See also here.

At the Brussels summit, EU nations were unable to agree on any concrete measures to combat the mounting economic crisis: here.

In the face of the rapidly deteriorating global recession, job losses in Taiwan are rising sharply: here.

The new conservative John Key government in New Zealand convened a so-called “Jobs Summit” last week that brought business, banks, government and unions together to make a series of recommendations that will place the full burden of the deepening recession onto the backs of working people: here.

2 thoughts on “Economic crisis continues

  1. Pingback: Endless United States wars | Dear Kitty. Some blog

  2. Pingback: British economic crisis worsens | Dear Kitty. Some blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.