I am occupied by my studies and I am so surprise that the amount of the reading and preparing I am involving. Even though I don’t have much time to relax, I certainly enjoy the processing of learning new knowledge.
As my major is Business and Global Politics, financial crisis which happens recently is one of popular topics that we can not ignore. I believe it really affects the UK’s economic and employment situation. We buy the newspaper everyday since Lehmen Brother announced their bankruptcy. I felt I am connected with the country – news and surprising headlines in everywhere.
I remember when the financial crisis in Asia happened in 1997, maybe I was young or either we had limit information to experience the real affects of financial crisis, besides, not all of the occupations were affected it, such as Civil Servants, so it didn’t change much of people’s life. As I know that people were tightened their belts and reluctant to spent their money. Now it’s same here in the UK. The economic is slowing down. People don’t want to spend much. The exchange rate rapidly drops. Banks are deceasing the interest rate and stock market is unstable. Frankly, I learned a lot what is the free market.
For China, I saw the news from Guardian(1/11/08) explained that due to the slow economy in the West, many exporting factories in Dongguan were shut down and the workers were forced to lose their jobs. Even the stock market in China was not promising at all. The news in BBC said that frnancial crisis wipes out billions off wealth of China’s super-rich. Sincerely hope 2009 will be getting better and better.
Regardless of all the sad news happened, a stunning good news that the Unite States has their first black president Barack Obama of democratic party, who has won the presidential election on this Weds. We are looking forwards to seeing the new leader of America.
最近因学习超忙，要读很多课外书和做什么准备工作，学习不再是死记应背，是理解运用。虽没太多时间放松，但却乐在其中。因我选经济和全球政治为我的专业，经融风暴是无法不提的一个话题。英国的经济和就业状况是严重受到它打击之一。从美国强大的经融实业 雷曼兄弟 宣布破产，许多意想不到报纸头条和新闻是关注的重点。同时，我也深感和这个国家一起波动。