My friend Duda on Wednesday, informed me that the Brazillian dollar faces a 20 cent weekly increase when matched up to the American dollar. When she told me the American dollar was worth 2.2 Brazilian Real. Today, Friday, it's $2.28.
Zimbabwe suffers from a 40 million percent inflation according to the New York Times,
People wait in lines as early as 2AM to get the American equivalent of $1 or $2.
Schwartzeneger asked for a $7 billion bailout for California to prevent them from letting workers go.
When will this financial crisis talk end? When does the fear that life as we know it will end in regards to money? Everything is connected... the Wall Street failure in New York had officially alerted the public that there is something wrong with the economy and needs attention. The world has started to answer the cries of New York and I think we will hear those echoes for a long time coming.
I don't know much about the Financial world. I know nothing more than a few economics courses has taught me, so I am no expert, but I do want to learn more. It is in our best interest to not be depressed but find some kind of hope, be innovative and smart.
The saying goes, "It's a crazy world out there...". My mission is treat it like a packed lunch... dig through, open it up, eat and digest it... gross? cool.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment