Saturday, October 11, 2008

bad or worse----the world economy

at best, the world economy is on the brink of recession

deprive a person of oxygen and he will turn blue, collapse and eventually die. deprive economies of credit and a similar process kicks in. As the financial crisis has broadened and intensified, the global economy has begun to suffocate. 这也就是为什么现在几乎所有的中央银行都开始采取emergency measures,包括一轮大规模的利率调整,幸运的话,它们可以阻止大灾难,but to avert a global recession is unlikely.

根据IMF最新的World Economic Outlook,全球经济正在"entering a major downturn" in the face of  "the most dangerous shock" since 1930s. 

http://www.economist.com/finance/displaystory.cfm?story_id=12381879

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也是来自Economist,眼睛看到好累,不看了……

还有1篇作文要写,还有2份翻译要做,还有1个topic要准备,还有1份线代作业要完成,还有宏观的概念要背,还有n篇的阅读,n篇的整理,n篇的听力…………

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