Showing posts with label GFC. Show all posts
Showing posts with label GFC. Show all posts

Tuesday, November 10, 2009

Signs That The Global Financial Crisis Is Still Biting

They tell us that Australia missed out on a technical recession. They tell us the United States is coming out of recession. But they don't tell us the whole story. On Sunday I saw someone that had obviously been bitten badly by the global financial crisis (GFC). The poor guy had a white Porsche Boxster and on the dashboard was a box of store brand tissues. The GFC had affected this guy so much that he couldn't even afford Kleenex tissues.

I might have even given him my change if I'd seen him begging on the street I felt that sorry for him.