Friday, September 05, 2008

Future looks Fragile

Carrie Reinheimer, September 5th, 2008. 3:52 pm

The future is not looking bright for a lot of countries, not just the Untied States. Australia is starting to see the road that is winding downward along with a lot of other European countries such as Ireland, Italy, Britain, France, Spain, New Zealand and Japan. Australia is realizing that this battle with the global economy is going no where but down and the only thing they should do now is to just sit on the side lines instead of diving in with the sharks again. They have seen dramatic turns for the worst and have tried like the United States to make it better but have not found the right way to fix it yet. There is hope that the economy will creep ahead a little bit in the last part of 2008 but to get back where Australia was they are going to need more than a creep. But this article does not only talk about Australia but it talks about all of the other countries that are falling behind too. As mentioned earlier in the post all of the other countries along with Australia are starting to see a downturn also. Some of them have better hopes than others do but some are in the same boat that the rest of us are in.
This is another example that the economy is struggling everywhere not just the United States. Like they said in the article, it feels like the only thing we can do now is just to sit on the sidelines and watch and hope for the best because every thing that we have been trying is just not cutting it. Who knows what the future will bring to us.

http://www.news.com.au/heraldsun/story/0,21985,24300666-664,00.html

1 comment:

Alisha Casey said...

That article brings up a great point. I never thought about the other countries that may be suffering due to the economy.