21st
May
2010
Domino Effect
posted in Blog |We are all connected in one way or another, what happens to one country may have some effects big or small to its neighboring countries and the world, especially when problems or crises happen to one of the powerful countries in the world such us the United States of America. The global financial crisis that the whole world is facing right now is said to have begun in the US when they experienced a heavy blow in their economy in 2007.
The housing and financial crisis of the US in 2007 affected some countries also due to the existing globalization.
