The Global Impact of Financial Markets
The Global impact of Financial Markets
By
Parrish Cruz
The Global impact of Financial Markets
By
Parrish Cruz
The world as a whole is affected by the actions or lack of actions by the other. What we do today has an accounting for tomorrow whether we wish to accept that as a fact or not. To say that the Global impact of financial markets is somewhat backwards in statement. The real truth of the matter is the fact that when you look at the financial markets you see right away their impact across the globe. It is another example of greed gone awry and the fact that while as a race we could deviate from personal desire of wealth the need for greed is prevalent in our blood. It is purported by everything that we see and consume in our world. The problem is that we do not see its impact on the rest of society or the world for that matter until it is too little too late. One can by a hotdog and eat it but the thought behind how and what it took to get that hotdog into our hands so that we could be able to meet the demand of hunger is never really given one ounce of thought or concern. Yes, the world is consumed by greed or the need to sate its ever-growing desire for more without any regard for the effects of our actions on the rest of the world. Financial markets are the center of which people trade items of value in order to make a profit. Anything and everything that could have a value can be sold, bought and traded simultaneously in any number of transactions. It is just a matter of obtaining wealth that such actions are perpetuated every day in every nation all across the world. When prices or the cost of an time rises the economy is immediately affected by such actions. It is thereby secondary actions that are triggered – borrowing, trading or loaning. This in turn puts a strain on the lower income people who have to adjust or die All of this occurring without so much as a single thought by those at the top of the pyramid of the
By
Parrish Cruz
The Global impact of Financial Markets
By
Parrish Cruz
The world as a whole is affected by the actions or lack of actions by the other. What we do today has an accounting for tomorrow whether we wish to accept that as a fact or not. To say that the Global impact of financial markets is somewhat backwards in statement. The real truth of the matter is the fact that when you look at the financial markets you see right away their impact across the globe. It is another example of greed gone awry and the fact that while as a race we could deviate from personal desire of wealth the need for greed is prevalent in our blood. It is purported by everything that we see and consume in our world. The problem is that we do not see its impact on the rest of society or the world for that matter until it is too little too late. One can by a hotdog and eat it but the thought behind how and what it took to get that hotdog into our hands so that we could be able to meet the demand of hunger is never really given one ounce of thought or concern. Yes, the world is consumed by greed or the need to sate its ever-growing desire for more without any regard for the effects of our actions on the rest of the world. Financial markets are the center of which people trade items of value in order to make a profit. Anything and everything that could have a value can be sold, bought and traded simultaneously in any number of transactions. It is just a matter of obtaining wealth that such actions are perpetuated every day in every nation all across the world. When prices or the cost of an time rises the economy is immediately affected by such actions. It is thereby secondary actions that are triggered – borrowing, trading or loaning. This in turn puts a strain on the lower income people who have to adjust or die All of this occurring without so much as a single thought by those at the top of the pyramid of the
References: (1) Nina Bains and Michele Maatouk (October 23, 2012, 7:54 a.m. ET) “GLOBAL MARKETS: Weak Spanish Outlook Hits European Financial Markets”[Abstract] ; The Wall Street Journal (http://online.wsj.com/article/BT-CO-20121023-705565.html) (2) Satyajit Das (Wednesday 17 October 2012) “World economy is addicted to credit and the markets seem oblivious” [Abstract]. The Independent (http://www.independent.co.uk/news/business/comment/satyajit-das-world-economy-is-addicted-to-credit-and-the-markets-seem-oblivious-8213993.html) (3) Emily Kaiser and Lesley Wroughton (October 09, 2012) “IMF warns global economic slowdown deepens, prods U.S., Europe” [Abstract]. Reuters (http://www.foxbusiness.com/news/2012/10/08/imf-warns-global-economic-slowdown-deepens-prods-us-europe/) (4) Michael Snyder (October 15th, 2012) “Why The Global Economy Is In Trouble” [Abstract]. The Market Daily News (http://marketdailynews.com/2012/10/15/why-the-global-economy-is-in-trouble/#hBgPAE8xVu2O9PJ4.99) (5) Naveen Mathur (Oct 8, 2012, 08.00AM IST) “Global economy 's deterioration & policy uncertainty may impact commodity prices” [Abstract].The Economic Times (http://articles.economictimes.indiatimes.com/2012-10-08/news/34323096_1_central-bank-interest-rates-liquidity)