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Why World Economy sinks and how it will be fixed

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  • 04-10-2002 9:48pm
    #1
    Closed Accounts Posts: 111 ✭✭


    Problems with the World Econmy

    -Oil the World is running out that's why Bush wanted Iraq, the Middle East , to drill out the native wild life in Alsaka and change things in Venezuela. OPEC and Gas Companies sell the stuff according to the USA, Oil is sold in stockhlm using the world strongest currency the American dollar, if the Dollar has problems then we have problems

    -A Massive Growth in the Computer Electronic and Tech industry and suddenly a massive Decline, people were constantly up-dating especiallly before the Y2k 2000 and updating systems for new software and new DVD drives, people were buying DVD players and CD-rom drives and Mobile Phones.
    Today the market is over-flooded.
    Recent growth in Asia and East Europe such as Poland , Korea, China, Greece, Taiwan and Czech Republic are hurting the Large German, Americana nd Japanese Econmies that had massive growth from the Sector.
    German Stocks have hit Six Year lows
    The American Economy is contracting and the IT secor is suffering.
    Japanese compaines are cuitting back or Shutting down, Japanese stocks have hit 19-yr lows

    -Bush and the Republican administartions have always pushed more American to the poverty line, the Economy will always suffer under Republican administration. Until Bush Robs Iraq of all the minerals Phosphours and Oil the Economy will suffer. War and innocent death will give the World Econmy new life British and Americans will benefit most , the economies with less militray machines and less Oil influence will become weak and will be put under sever pressure. The Big Oil giants and military machines will remain optimistic. Texaco, HOLLANDA, BP, Grumman, Shell, Phillips, Haparanda, Torget, Kronobergs, ATR, Dassault, Bangchak, Rockwell, LET-L, PSO, PTT, Repsol, Sasol, Saudi Aramco, Shell, SK Corp, NAMC, Dornier, LOckeed Martin, Britsh-Air-Industries, General Dynamics, SPC , Ssangyong, StatoilStatoil, Fokker, Marathon, Northrop, Saab, Norsk, EXXONMOBIL, will ride out this storm weather


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