Moneys are flying out from market
By mokbul
@mokbul (616)
Singapore
October 17, 2008 11:17am CST
Whole worlds is in finacial turmoil. Ginat banks failing, governements stepping in to bail out. Houses are being auctioned for failing to pay back mortgaed loan.
Who do you think responsible for this present finacial crisis
1 response
@crazytimes (151)
• India
17 Oct 08
Lapses in personal security cost US the twin towers in 2001.Now their lapses in finance is causing the whole world to suffer.Think this is the beginning.Lot more to follow.I do not understand one thing,Why nobody has been pointed out as the culprit for this scam.Who is being shielded and why.I think this cannot be easily brushed under carpet for long.Because of redemption pressure of failing houses in US the FIIs are pulling out money from world markets.This creates panic.So the chain reaction was created by the US and its lapses.Think Obama will be having a Herculean task ahead.
