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Ok, don't think I'm a person who doesn't give a shit or anything, I just haven't had any time to watch the news or read newspapers since school started. I'm far behind in current affairs.
I just hear a lot of talk about banks and businesses going bankrupt, prices in food stores going higher, etc.
Even here in Belgium, major companies and also one of the top three banks have gone or are on the verge of bankruptcy.
What exactly is happening to the world right now?
Well, there's not really ONE answer for this, but it all comes adds up to: we are in/entering a depression. I would type it all up, but I found a website that explains it probably better than I could :)
http://themoderatevoice.com/at-tmv/guest-contributor/22876/the-2008-depression-the-cause-guest-voice-part-i/
(Rating: 5) Right, thank you so much :)
I looked around but didn't find much.
Much appreciated!