Wednesday, May 30, 2012

THE ASSERTED DRAINAGE ON THE WORLD'S FINANCIAL MARKETS.

THE ASSERTED DRAINAGE ON THE WORLD'S FINANCIAL MARKETS.


         The asserted drainage on the financial markets that has begun to spread through many domestic markets, foreign trades and investment businesses, particularly in the bank sectors in the world's financial markets businesses, due to the current crash in the financial markets business in Spain that has set both the domestic and the foreign financial markets businessmen, investors, importers and exporters heels ready to flee and some have begun to run for their investment for better investment opportunities to many  European Union countries with much better financial markets performance and better economic prospects than Spain and Greece. However, this asserted drainage on the World's financial markets that has been referred to as the unexpected European Union countries effort on the struggle to upgrade the member countries credit lines with high demand on efficiency, productivity and economic growth through-out the European Union countries which unfortunately have had negative effect on both the domestic currencies and on the exports of the European Union countries with relatively mild productivity, or weaker economic economic growth such as Spain and Greece, despite the stronger European Union currency the Euro may require a loan, or a rescue package in the sum of over thirty billion euros for Spain and Greece to halt the financial markets drainage, or the instant recession.


                                           Written by Professor Godfrey Ohia.

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