Comments on: Is the Global Financial Crisis a Result of Globalisation? http://socyberty.com/economics/is-the-global-financial-crisis-a-result-of-globalisation/ Thu, 31 May 2012 09:21:21 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Josh Burns http://socyberty.com/economics/is-the-global-financial-crisis-a-result-of-globalisation/comment-page-1/#comment-95143 Josh Burns Mon, 29 Dec 2008 19:00:16 +0000 http://socyberty.com/economics/is-the-global-financial-crisis-a-result-of-globalisation/#comment-95143 I would say it's a result of globalization in the fact that everyone owes everyone else money so many times over, it's nearly impossible to figure out. I borrow money from this guy who borrowed money from a bank who borrowed it from the government and I plan on starting a company who loans money to people before pay day, who might loan some of that money to their uncle and sister.<br /> <br /> You think that's bad, look into how banks loan money to other institutions!<br /> <br /> See what I'm saying? Lol! It's ridiculous. I would say it’s a result of globalization in the fact that everyone owes everyone else money so many times over, it’s nearly impossible to figure out. I borrow money from this guy who borrowed money from a bank who borrowed it from the government and I plan on starting a company who loans money to people before pay day, who might loan some of that money to their uncle and sister.

You think that’s bad, look into how banks loan money to other institutions!

See what I’m saying? Lol! It’s ridiculous.

]]>