Newspapers, news bulletins, the radio and news channels are all talking about it. We hear about it multiple times every day and every day the news are getting worse. Projections and polls warn us that this is not likely to change before 2010 and that the lost revenues will be noticeable decades into the future. Businesses are closing rapidly worldwide, people are being laid off and thousands upon thousands of productions shift are terminated to save money. Every single family in the world is affected by this in one way or another, and all of us are forced to prioritize differently and with lesser resources.

How did we ever get this far? I am not an expert in world finance but surely there were warning signs that tipped of someone, somewhere! Entire countries are declaring bankruptcy, entire countries! This is not your local grocery store giving up against industrial monstrosities like Wal-Mart or Target; this is countries falling into financial despair and chaos. Iceland lost 75% of their annual revenue in less than one year. If you or I lost 75% of our income in one year it would be catastrophic; this is happening to entire countries! The United States of America currently owe $10,773,316,407,663 (ten thousand seven hundred and seventy three billion dollars) to foreign interests and confederacies, according to reliable US sources. To break down that number down for you that means that every single 305,666,056 American would have to give $42,343 back to the government, for the country to be debt free, $42,343!!! The state of California alone resigned 20,000 people today; twenty thousand people lost their job in just one day!

These are all facts and I just can’t get this equation to make sense; how did we ever allow this disaster to get so far out of control? Obviously not enough people saw this coming and that frightens me; how did our governments manage to drive the entire world into financial uncertainty?

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