DAVOS ECONOMIC SUMMIT AND THE SNOWFALL ACCUMULATION.

The economic summit held in Davos Switzerland during severe weather of much snowfall accumulation does not mean better economic prospects for the member nations in the near future.
European union tougher economic measures intended for the economic stability of the member nations would certainly continue to be tougher on member nations believed to have attributed to the recession, due to less economic performance, despite the current stability of the european currency the Euro against the dollar rated at $1.40 in the world markets.
However, the USA will continue to pump in much money for the stability of the financial markets which, unfortunately its budget has continue to increase by billions, eventhough nobody knows which nations may shoulder the burden of the amounts being pumped for the stability of the financial markets, while the European Union nations have continued to beat their member nations to pay their debt in order to enjoy the huge European Union financial package.

Written by Godfrey Ohia.