Archive for February 23, 2009
February 23, 2009
Short-time working, bankruptcies, bailouts - somehow we're probably in a crisis, perhaps even in a world. And that seems to attract more and larger circles, it is, at least. But who says that? And what role does it for me as an individual? How you behave now best? What is appropriate, what counter-productive?
First of depression are (as well as the same disease), actual trigger based, here it is the bursting of the speculative bubble, which inevitably impact on the real economy, which needs to accommodate the crash. The latter suffers now from the depreciation of the currencies, the loss of confidence and a prevailing lack of money, eg. Example, by a decrease in purchasing power of consumers. The details have been widely reported, including in the current zeitgeist-Issue 1-2009 in the article "From the credit crunch to 'Kreditismus'" .
But the ailing economy is not the main problem. Read this story »
