Sunday, February 1, 2009

Global Economic Crisis Topic On Paltalk

Most eyes on the economic crisis have been directed toward Wall Street, where the house of cards began falling last summer, and the White House, where President Barack Obama has taken center stage in pushing an economic stimulus package for the United States. But this is a global economic crisis.

In the United Kingdom, the country is in near-economic ruin. Iceland is effectively bankrupt.

It's not the first time a country has become insolvent. Perhaps because the crisis was overshadowed by the September 11, 2001 terrorist attacks, Argentina's financial collapse that year was largely overlooked outside of Latin America.

These issues were the topic of the World Economic Forum which has just ended.

Meanwhile protests were held across Russia yesterday over the worsening economic conditions there caused in large measure by plummeting oil profits. France came to a standstill due to a general strike over President Nicolas Sarkozy's proposed economic reforms. Even China's economy is stalled. Violent protests have erupted there.

We'll be looking at the economic crisis from a global perspective on News Talk Online on at 5 PM New York time Monday February 2. To join in the conversation CLICK HERE.

Paltalk is the largest multimedia interactive program on the Internet with more than 4 million unique users.

News Talk Online is also syndicated by CRN Digital Talk Radio to an additional 12 million households.


Anonymous said...

Thank you for taking a global look at this issue that's affecting the entire world's economy.

Anonymous said...

Interesting to see that Russia and China are in similar trouble as the United States.

Also interesting are the protests in Russia and in China! France doesn't surprise me. They'll look for any excuse for a holiday (I mean a general strike)!

Anonymous said...

If the US economy got us into this mess then the US will have to lead the rest of the world out of it.

I wonder what the leaders of these other countries feel about Obama's stimulus package? I wonder if they are concerned that the Republicans now say they think they have enough votes to stop it in the Senate.

So much for Obama's honeymoon! Didn't last too long did it? By the way, if this is a national crisis, shouldn't the Republicans be living up to their pledge of Country First?