The Effect Of The Economic Crisis On You

Of course, the impact that has generated the current economic and financial crisis has led to very serious effects on the economy of many countries, especially where it originated United States has led the present Government of Barack Obama to seek solutions that will not seriously affect in the severe recession facing this country and that has led to the number of unemployed is currently available, be very important, seriously harming many families who have seen their purchasing power curtailed in favor of acquiring the necessary commodities. Faced with this reality that has affected many economies, many of its actors, especially the business sector, specifically SMEs, it is interesting to delve so think about that some countries that have already been immersed in its impact, as is the case of Argentina , where Wharthon University Knowledge, provides an interesting analysis, noting that President Barack Obama, faced with this reality has stated: “Act fast for the crisis is not a disaster history “, of course, this is not very encouraging for 2009 that begins.

Especially since it is the most influential country on the planet, since it went into recession over 3 million lost jobs. Against this background, which has strong international implications, the countries of this world, like the Latin American continent, not far from suffering the throes of chaos. It is noted that in fact it has actually added to their severe internal problems: the slowdown of the economy during the second half of 2008 grew by 7.1%, the lowest rate in the last six years, according to the Institute National Statistics and Censuses, the crisis of key sectors as agriculture, which lost more than 12,000 million dollars as a result of drought and falling prices, the fall in consumption and the possibility of layoffs increase.

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