Obama – In the Thick of it!
President Obama has won the election and is in control, or is he? Much speculation has been raised on his experience and actions during this early years of his presidency which would be a difficult time indeed. The Recession is taking its toll on the economy and not even the might of the Federal Bank may solve the problems being faced by the US economy. His team has their hands full in coming up with solutions to the ever growing problems they have to solve and they have do do it quickly for even the mightiest companies have been hit so hard they may not have enough time before they collapse as they go down on the domino effect as the sub-prime market collapse ripples globally.
In the rest of the world, governments are looking to the US for inspiration for they are the biggest economy on earth, what they do may give clues to what they can achieve and what may be too far fetched for their capabilities. Global banks collapse and multi-national firms file for bankruptcy, seems the economic troubles of this year are just beginning to take their toll as we ride through this recession. The world is facing even more pressure from global warming as economies try to enforce laws that will help make the earth last longer. But even with such pressing issues, the world seems to be trying its best, just hope it’s good enough to make it count.