Comments on: Current World Economy Crisis/2008/11/04/current-world-economy-crisis/Name of Excellence in alternative & borderless journalism.Together we stitch the world & make a difference. Leading today for tomorrow. Sindh lives hereThu, 22 Jan 2009 14:29:45 +0000hourly1http://wordpress.com/By: Francis/2008/11/04/current-world-economy-crisis/comment-page-1/#comment-3941Thu, 22 Jan 2009 14:29:45 +0000/?p=3643#comment-3941reckless
fraudulent
characterized by systemic failure
characterized by arrogance and short sightedness

These are true things actually more money more problem.

I think accountants have a very funny job, they constantly adjust books. Accuracy, probability and assumptions of their calculations are very ineffective to fluctuating moods of consumers.

Moreover most of the time some managers or top leaders of companies are corrupt and they ask accountants to adjust books.hahahaha!

For Pravin Khetan :
Early warning systems are useless if people are doing funny funny things when it comes to money. Just imagine a lady spending too much on girl stuffs. She then realize her debt is growing (which is the early warning system i suppose) but she still keeps on spending. Now, even if her salary is so high she can’t pay the credit card bills anymore. Her net worth turns negative and kabooom poor lady went bankrupt. Nobody can save her anymore. Even if somebody saves her it will just save her temporarily. Very Ironic and similar to economic downturn. Actually the solution is very simple don’t spend more than what you earn and concentrate on what you can save rather than spending too much time reviewing your loss and wanting to perfectly achieve the target.

Money is like exorcism or drugs that leads to real trouble when you’re high with it.
Why don’t we just live a simple life.
How about a reset button in the entire planets economic system?

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By: brianly/2008/11/04/current-world-economy-crisis/comment-page-1/#comment-3581Fri, 21 Nov 2008 10:01:31 +0000/?p=3643#comment-3581i wanna to know what the u.s government have done and some method when this curren world financial crisis.

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By: Mickle/2008/11/04/current-world-economy-crisis/comment-page-1/#comment-3539Thu, 13 Nov 2008 14:22:01 +0000/?p=3643#comment-3539If you want to learn Finance then here is a great place

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By: Pravin Khetan/2008/11/04/current-world-economy-crisis/comment-page-1/#comment-3532Tue, 11 Nov 2008 21:33:10 +0000/?p=3643#comment-3532What ever you said looks very much true, however why not government develop an early warning system ?

Its public money, again thrown back in to the same system. IMF and all 3rd world countries need to do some thing, bailout is not the only solution.

thanks for such a clear representation of your thoughts.

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