
That thing called: Globalization!
Nowadays the government and the general public are talking way too much about globalization and its positives and negatives things, and wheter it is an advance for the humanity or otherwise, if it is a step backwards.In the following paragraphs you would find a general idea of the side effects of this phenomenon.
One of the most importants side effects is the exploit of the row materials from developing or 3rd world countries. There's a great divide between those who have and those who have not. The 3rd world countries are grossly underpaid for indigenous row materials, and when they import the manufactured goods they have to pay a high price so they hardly can make a profit, so they go into debt. They have to ask for loans to the developed countries, wich they cannot return back.
Secondly, the crisis. The first sings appeared two years ago when overseas companies shut down and consequently a lot of people become unemployed. The people who have lost their job can't pay the bills neither the mortatges, they asked for loans to the banks, but they were refused by the bank as they are into red.So those who has become redundant and they are not entitled to the dole, can hardly eat and they almost lost their houses. There's a lot of people who is desperate, who would do anything to avoid going completly under.
In addition to that, the levels of immigrants has raised incredibly in the past two years. Immigrants come to the develope countries looking for a better life, getting a well-paid job, dreaming about buying or renting a house and having a new life with their families, However when they get to the “rich and powerful countries” they find themselves without money, with a job where they are exploited and being hardly paid and in the worst cases, they have to sleep in the street in sick conditions. This raisement of population turns to an increasement of the dole and do not help to make the economy's recession to stop.
Finally,The supposed solution.The government is going to inject bilions into the economy, as well as lunch public employment schemes like jobs in the department of defence, enviroment and infrastructure, as a means to create employment, Also studying ways to create more helps to the families in matters of feeding and money.
All of this leads me tho the conclusion that consideration should be given to the side effects of the globalization as they are quite serious because if the economy doesn't pick up quickly the country could be ruined. However the economists forecast that in two years situation will turn into normal if the government starts working from now.




