NEWS SPOTLIGHT: On the World Financial Crisis and Poverty.

The world anxiously waits for the financial crisis to ebb as Wall Street battles its woes towards an uncertain future. Schadenfreude and panic have become very common words these days to describe what the rest of the world feels about whats happening to Wall Street and the US economy.  There are no parties or celebratory bashes though, for the world is deeply concerned.  There’s a lot of finger pointing going around as to whose to blame and as to where the free market economy got it wrong.  One writer talks about how China got it right.

While the world is so engrossed with what’s happening in Wall Street,  many seem to have forgotten that October 17 was World Anti Poverty Day.  There’s one crisis that many seem to have comfortably  forgotten, 3 billion people in this world are living in poverty.

Financial Crisis or not, poverty is still and should be a priority issue among every world citizen.  Its an issue that transcends race, color, gender, belief (or non-belief) and currency. Its OUR issue.

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Bricks Oct 20th 2008 09:18 pm capitalism, news, poverty news No Comments yet Trackback URI Comments RSS

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