Feb 21, 2011 Sydney Morning Herald
This article is talking about the fact that Egypt has closed its Stock Stock market due to the government issues in their country. This will mean that any publicly listed companies will not be trading and billions of dollars will be lost as a direct result. I believe that anger among the companies will spark and this may cause more problems than there already are. This relates to what we have been working on in commerce because it is talking about the economic cycle; and a part of it is dysfunctional at the moment. When part of the economic cycle is dysfunctional it cripples other parts, it shows that everything is linked and it almost causes a domino effect. If this goes on for too long and even now; Egypt has a long road to recovery, if they do. Investors are in doubt and the economy has been put on hold; it will be a slow and steady process to a recovery.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.