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GLOBAL PULSE: Global Jobs Crisis (2/19/2009)

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Uploaded by on Feb 19, 2009

(February 19, 2009) 76,000 jobs slashed in one day, 15,000 more the next. The global meltdown becomes a personal financial meltdown for millions of fired workers worldwide. Nations act to protect their interests at home. But that solution may be a bigger threat than the crisis itself.

Sources: Al Jazeera English, Qatar; BBC, U.K.; SABC, South Africa; Russia Today, Russia; KBS, South Korea; CCTV, China; Deutsche Welle, Germany

-- Global Pulse is a fast-moving and informative television and web series that helps you navigate the news of the world by comparing and contrasting TV news reports. See all the episodes of Global Pulse at http://linktv.org/globalpulse ---
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  • Islam forbids charging interest on loans. But Islamic countries havent escaped the downturn. Oil sales are down too, and the price has plummeted. So looks like we are all in this together

Top Comments

  • no no.. the State has failed, allow people to choose their own lifestyle, no more consensus mandates.

    wiki:

    1. voluntaryism

    2. market-anarchism

    3. mutualism

    i support your choice to live within an Islamic economy - but don't dare assert your opinion over my life.

  • relax young man

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All Comments (10)

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  • well this is just my opinion but the world situation sucks donkey balls

  • Lol Dubih is worse off than anyone. The streets are filled with cars that could not be paid off, huge skyscrapers lay dorment becasue there is no capital to complete them. Islamic economics have done no better than capitalism and becasuse the muslim world foolishly investid in realistate (in regions no sensible person would visit anyway) and not infrastructure then they will be much slower to recover from this crisis.

  • nor mine

  • Yes lets adopt an scientifically indefensible Theocratic economy that was so weak it lead to the "Islamic economy regions" economic/ military/ political take over by western powers over 200 years ago.

    Religiontard!

  • you may have assumed that this was an emotional response, as opposed to a principled answer.

  • Well said !!

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