#8

Name: webb49712054
Reaction Article#8
Date:27/11/2008
From: New York
My reaction
According to Michael M. Grynbaum’s “U.S. consumer spending declines again”, he proposed a severe view toward the world we face now.
He lets us know what the problem of the world economic.
Why the whole globe is in such a terrible status does not give us an obstinate image to think. The origin of the reason why the world economic go form bad to worse is because the American bank system run badly. The crisis comes from the high price of gasoline and because of this all the daily necessities are also given a higher price than they should be. And I think maybe it is due to the high status of everything and a lot of families can not make ends meet and thus it gives rise to the spending rate is dropping so dramatically. As the American themselves said the free spending habit of their former life style should be devised. But it seems that not all the business markets are in a bad situation. The communication equipment is the exception. Maybe it is why so many communication company can still struggle until now.
I think nowadays what we should put at the top priority is control our own desire. I can easily think of if we saved the money we throw in the drinking machines and what if we saved them just only a month and how much money we can keep for our own. It maybe the most efficient way to battle with the whole deteriorating condition now and the maybe also the most useful method to sway over this hard period.

blog#7

Name: webb
49712054
Reaction Article#7
Date:21/11/2008
From: New York
According to MATT RICHTEL’s “A Sea of Unwanted Imports”, he exposed the phenomena that the whole global faced now. And the author gave a point of view about how the world treated this global crisis.
My reaction:
On knowing how the global crisis, I was so astonished of the situation we were in now. I think nowadays we do not just face the environmental problem, but also encounter the severe condition in our economic, finance or even politics. As the spokesman in General Mobile said the economic status now would” it scares you to death “
In this article it showed a obvious evidence to us. It is that “what was produced today may not be sold even in the next day. It gave us impressive image that the car can be made but can not be sold. They had stored so many car at the port that the manufacturers was asked to move part of their products to another place because the original place was too tiny to retain so many orphans. And the owners of the manufactures are all waiting the help from the governor to sway them over this hard time. This despair image does not just reflect on selling but working. Kurt Golledge, 48, was one of just two truckers was laid of last week because the company said he was too old to take on this work and just kicked him away.
In my opinion, I have a suggestion that we should not just sit on the chair to wait for something to come to you. We have to work hard and earn by our very self and thus we could not worry about when I will lose my job and how could I live without earning any money.

homework#6

Name: webb 49712054Reaction Article#6Date:06/11/2008From: TimeMy reaction:
According to YURI ZARAKHOVICH’s “Moscow's Challenge to Obama,” it mentioned the crisis that Moscow now encounter. And the president in Russia now is anxious about the solution toward the turmoil in global markets.
I think once Obama won the American president election the whole situation between America and Russia may be improved.
In my opinion, I think the war between Moscow's and Georgia was the result of the conflict between the America and Russia. Because of the encouragement and support from the U.S., Georgia was therefore had the nerves to provoke the Russia, such a powerful nation.
Medvedev, the Russia president now, claimed tha-+t because the military bases were deployed, we Russia therefore should respond to this embarrassing situation.
And the president hence decided to cancele the long planned dismantling of the Kozelsk ICBM Division and would deploy short-range Iskander missiles and electronic jamming systems in Kaliningrad, a Russian enclave sandwiched between Poland and Lithuania.
The Russia further complained that the U.S should be responsible for the turmoil in global markets that hit Russia particularly hard. The main stock index in Russia, according to the analyst, is down roughly four times compared to a year ago and it puts the Russia economic status in a colder condition than ever.
Finally, I really think because the winning over his rival in the election and gain the most public opinion from his country, Obama may lead the country to a better living stander than ever, at least in the economic and politician.
213words