Sep

25

It appears the whole world economy is still under a dark cloud after the financial stock storm at Wall Street. Much like any natural calamity, there is a lot of ’structural’ damage, leaving people adrift in uncertainty and bleakness. As efforts are pushing for repair and rebuilding, others could only stand and stare out to the horizons, seeing only doom hovering ahead.

Bernado Lopez of BusinessWorld writes that we could trace back the cause of the present global financial crisis to a “vulture culture”, where greed and dishonesty are practiced, where the strong prey on the weak, “for maximum risk and maximum profit.”

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