The Present Economic Crisis

The economic crisis is somewhat unpredictable and makes the economy of almost every country unstable. Even though we are at the middle part of this year we must admit that we are experiencing the instability now on when we are still recovering from the economic crisis which occurred in 2008.


As 2011 is described is a period of uncertainty many things are expected to go wrong and affect the economy of many countries. One of them is the fluctuations in the stock market. The loss of confidence with the investors is a major reason for the decline in the stock market. The debt crisis   affecting in Europe and USA is a main reason for this situation.


Many organizations and businesses are implementing cost reduction policies at present to be prepared for the economic crisis and as a result, many countries are leading to massive unemployment and the businesses into bankruptcy. The economic crisis that Greece is experiencing is an example of economic crisis.


Contemporary economic crisis researches advise to spend less and save more during this period and sought for financial advice before considering any investments as this is an inevitable situation that is occurring globally.