Todae news update 19/12/08

19/12/08

1)International Financial University predicts that the world economy would shrink by 0.4% in 2009. Japanese experts also predicts Japan's economy to remain without increase at least until March 2010.
That would be the worst financial crisis blow in years.
I personally think that this financial crisis could take years to end and by that time, more and more people who had bankrupted would have been poor and may not even have food to eat. The current poor would not be able to afford anything in the midst of the financial crisis which is getting worse and worse. I hope the world can one day compromise and share with one another the necessities they each need.