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MHz Worldview brings the best of world perspectives on the global financial crisis.
MHz Worldview brings you part 2 in a series of world reaction to the global financial crisis.
The effects of the world financial crisis are being felt by people in almost all areas of Russian society. Bank loans are not being given, jobs are being cut, and people are suffering from stress and worries about their future.
What is your reaction to the global repercussions of the American financial crisis? Do you think governments around the world will be effective in stabilizing the global economy? Are we nearing another depression or will the bailout plan prevent that?
Don't take it from me ask Professor Keen who doesn't think Australia is gonna get out unscathed...
Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth.