September 18, 2008

think about this

now i dont know if you guys heard about this yet..

do you guys know that the oil price has drop to $91 US dollar today...this is the all time record..

do you guys know whats happening out there that make the oil price goes down?well it has got to do with the US current financial and economic era now..

last week the 4th largest investment bank file for its bankruptcy after more than 100 years of operating in and out of US coast...

i wont go into detail of why this happened..but this year alone,the bank lose 94% of its share price..this year alone!

now..you may think that this wont affect us or this is nothing serious or this is just stupid..

but lets take a moment and think..in today modern world,it is not the country with biggest military power that is in control..but it is the one with large and stable economic will thrive forward..

how do u think US can be so damn powerful?because it has share all over the world..

now, there's some new disturbing news...AIG,the main sponsor for Man U and another large investment bank is about to bankrupt in last 2 days, they need at least $75 billion US dollar in 2 days in order for them to stay on the market..

but they fail to get that..but the US goverment decide to give them $80 billion US dollars today just to make sure the bank wont go bankrupt..

what would happen is AIG goes bankrupt?

AIG provide 75% of world investment..now thats a lot..the world is not small..

in short term consequences..the world will go to panic..the world economy depression!..market meltdown..and panic panic panic!

now think about this the next time the oil price hit lower...

No comments: