http://moneymorning.com/2009/05/12/investment-news-briefs-8/ Global Investment News Fri, 25 May 2012 18:42:41 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://moneymorning.com/2009/05/12/investment-news-briefs-8/comment-page-1/#comment-6505 kisoboli Mugisa Tue, 12 May 2009 12:42:43 +0000 http://www.moneymorning.com/?p=7317#comment-6505 Economic crisis is like a wild fire which start with small source but spread all over.currently African countries were loking at U S as the only affected but currently companies are reducing on the number of employees. the need to overcome this is to the banking system and house hold income. this has got simple interpritation,money exist because of the people and they are the people that can that can stimulate given enabling environment.the more money people have the high the likelihood of saving thus booming the banking system. however the is aneed to focus on dominant sector for inteventions to take place like government giving small loans to people in informal sector,this will promotion saving culture. Economic crisis is like a wild fire which start with small source but spread all over.currently African countries were loking at U S as the only affected but currently companies are reducing on the number of employees.
the need to overcome this is to the banking system and house hold income.
this has got simple interpritation,money exist because of the people and they are the people that can that can stimulate given enabling environment.the more money people have the high the likelihood of saving thus booming the banking system.
however the is aneed to focus on dominant sector for inteventions to take place like government giving small loans to people in informal sector,this will promotion saving culture.

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