Bankruptcy and Hard Liquidity
Many people are trying to keep their money in safe place in this era because economy crisis has deleted the ability for people of doing something well such as investing or something else. Many of them don’t know how to maintain their life in good way or where to save the money in safety place. This is not only economy crisis but also trust crisis because many people don’t believe on banking system anymore as the result from the bankruptcy or hard liquidity for biggest bank such as Lehman Brothers, Citigroup and so on. We need to remove this problem immediately or the crisis won’t be solved soon. The business and financial field is the worst aspect in this crisis which needs to be fixed and modified in rule to limit the derivative product.
Posted by John