I'm not a big expert of the stock market and the global economy nor do I know much about it but if I had to guess, I would probably say that its not going towards a good direction. When i think of global economy, I think of the social system of production, exchange, distribution and consumption of products and services through out the whole world. While the rich gets richer, the poor gets poorer and thousands and thousands of people are suffering. For instance, there are businesses increasing and becoming more efficient while there are others making ends meet just to survive.
As I think back to how prices were back then, I've realized that living expenses, gas prices, household mortages, and loans are more costly than they've ever been in this lifetime. Prices are rising before our eyes and its making it a struggle for all of us and I can't imagine how it will be in the near future. Will our incomes now be able to support us as well as our families in the future years???Who knows. There are both negative and positive occurences happening to the world today. One example of the positive is that our significantly improved technology today has benefited our lifestyles in a way of making life situations more convenent for us. Businesses have learned to develop partnership and alliances throughout the globe which results in sucess to many businesses all over the world. One example of a negative occurence happening to our global economoy is the great demand on gas and oil and prices are higher than ever. This is making it difficult for transportation on all of us. Like I mentioned earlier, living expenses has risen so high in the past couple years who knows how much more it will rise.
I'm not sure what is going to happening with the American Election. I'm not registered to vote so obviously I don't have much say but I'm hoping that Barack Obama wins all for the right reasons. He seems very intelligent from his background of schools that he has attended as well as his accomplishments. He's had a lot of experience with public services and worked in office to pass bills on health care, education, taxes, and other world issues that needs to be fixed. Almost every position he's taken in office has been a success. He also comes from a hard working family and he had to work for everything he got.
The American election and the global economy are related in ways where all the world issues occuring today will obviously affect us either in a negative or positive way depending on who wins as president. So it's important to choose the president who we as well as our economy will benefit from the most and make this world a better and peaceful place to live in.
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