Skip to main content

Posts

Showing posts with the label globalization

TSX, Dow losses deepen - Business - CBC News

It is important to ensure that we be open to the needs of our neighbors, friends and family members during these stressful financial times. Advice is often worth the price it costs and is usually in great supply. Prudence and wisdom are virtues that are perennially in short supply. All believers need to pray for those in financial trouble, especially the unemployed with families who are approving (or have reached) the end of their Employment Insurance benefits. I have witnessed the human cost of these times in the lives of local families, those with jobs tend to have at least one parent living and working in another part of the country. Stock Market falls like we witnessed today wipe billions (if not trillions) of dollars from the economy as the valuation of companies experienced a free-fall, dropping over 630 points by the end of trading. Things will not likely improve dramatically before the American's get their fiscal policies in order, something that is unlikely to happen gi...