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| Spanglefish Gold Status Expired 10/06/2010. | ||
The pillars of the banking sector have a great weight to bear for the risks they engaged while handling the wheels of the economy! 19 February 2009 A period of economic downturn still lingers while the world awaits the advent of a solution to its plight!
The world economy might be in an even worse state than it was first thought as Inflation has dived to its lowest point in recent times following the sinking of oil prices and record low interest rates. Specialists in economics have warned that the period of economic difficulty will remain in place for quite sometime yet as it is almost impossible to predict when the world economy would start to haul itself out of the global downturn and recapture its past state of prosperity. Indeed, no one on the subject of recession can nourish an early economic recovery as I am extremely concerned about the plight of the have-not and child poverty in the world since they are very serious issues which will be requiring special attention owing to the recession the world is experiencing at the present time. Nevertheless, I remain optimistic that an answer to the problem created by the countless accounts of negligence of the banks' economical mismanagement of the past would be sorted out so that the nightmare go away. I just hope that this waiting does not cause the world more difficulties before full recovery is tangible, clear and definite for it would be very hard to envisage an antithesis.P. Figueras
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