what happen to our economy is it really getting worse?

@nimnim74 (251)
Philippines
December 12, 2008 4:18am CST
I am afraid of whats happening at present most of our rural banks are in holiday, my insurance are a little risk to have bankruptcy, is it already a result of the US economy that goes down and it affects us? We are used to of being a poor country but if the big countries like US goes down then what about us. According to my cousin who lives in the US they really feel the economic downfall since only a few who shops for Christmas.
2 responses
@punkster (52)
• India
25 Mar 09
those are the consequences recession of my friend ...............
• India
12 Dec 08
Economic slowdown being a global phenomenon, all countries are definitely going to feel the pinch. Its difficult for developing countries all the more and things are really becoming so expensive.