Wednesday 29 October 2008

how heavy that financial tsunami is !


more n more companies were bankrupt in hk
it hv shown the power of financial tsunami is
recently, The World Bank plans to increase loans to some poor countries
to make up for dwindling private fund flows to these economies
n the international lender aimded to double its LT loans
to those countries form US$13.5billion last yr
to help them cope wif the global credit crisis
the move came as the International Monetary Fund,
another multinational lender,offered help to crisis-struck countries like Iceland n Ukraine

also The World Bank loans would be targeted at about 10 poor countries in asia n africa
such as Ghana, Bangladesh n Cambodia - as the IMF focused on emerging
The World Bank will offer LT loans of 15-20yrs
n also consider emergency loans to these countries
even The World Bank is willing to loan but hv u ever thought
y the financial tsunami can affect the globe heavily?
did investors just focus on investment n neglect managing their wealth in safety
they just wanna hv a considerable return no matter there r very risky
i think, invesment isnt a reli bad thing but we need to manage it well
n estimate the risk be4 investing
even financial tsunami, i think we can be also ok wif well-preparation!

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