$700-Billion-Dollar
For several months that most of us, the Thai people, were suffering from our political crisis, and several years with the terrorism in three-southern provinces. No one can deny that these passed months (or years) our attentions were barely pulled away from the local and national issues. Until recently, the news of economics crisis in United State, so called Hamburger crisis by Thais, was spreading out to the world.
If the United state’s economy was a car all of its warning lights would be flashing red. After the Bear Stearns, one of the largest global investment bank and securities trading was collapsed four months ago. Followed by the disappearance of Lehman Brother, AIG (almost), Freddie and Fannie, and the attempt of the US parliament to solve the crisis by bailing out $700-billion-dollar for the troubled banks within the country. This action caused many people, including me, a question of the culture of free-marketeer where governments should not......
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Approximate Word Count: 450
Approximate Pages: 2 (260 words per double-spaced page) |