Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts

Saturday, February 21, 2009

Crisis

A crisis (plural: crises) may occur on a personal or societal level. It may be a traumatic or stressful change in a person's life, or an unstable and dangerous social situation, in political, social, economic, military affairs, or a large-scale environmental event, especially one involving an impending abrupt change. More loosely, it is a term meaning 'a testing time' or 'emergency event'.

It's change, that's all.

Monday, November 03, 2008

Financial crisis

I have a question: If everyone is losing money, who's making a windfall out of this whole calamity? Or is it a natural correction of the rich-poor divide?