Terrorism financial crisis

The main motto of the terrorism is to spread panic among the individuals of a particular region or across the globe. If we take our stance in a manner by which we view the current financial crisis to be the worst in many decades, then we would be true to stay that it has led the deep sinking fear of investment in our hearts. So my learned friends, would you not consider this to be terrorism? Due to this condition, several innocent people have been rendered as jobless, several institutions have collapsed in the blink of an eye, and several lives have been changed overnight.

This is the condition when people and companies alike are afraid to venture upon a new project, as they fear of any losses. Their fear is not of lives, but of the assets and the financial stability, they have been building up and seeking respectively. Each day brings in a new fear of an unstable stock market and exchange rates, pushing the industries and the individuals against the wall, to stall their progress. This is the condition or the phase, under which we are being forced to live by the sudden financial crisis, owing to certain jittery banks, which had tied up knots with other organizations.

The condition may seem to worsen in the future, if radical steps are not taken to stop it instantly. The fear of the financial crisis has seeped into the minds of several people, across the world and maybe has had a real adverse effect than terrorism in its true form, through weapons and artillery. Whatever the reason may be, the fact is that the earlier notion of risking your ventures to get more profit, even with financial derivatives seems oblivious now. The entire slowdown has brought about financial crisis in every aspect of life, and would have grown gradually, if measures were not taken.

The consideration of sanctioning the $700 billion over to the Federal Reserve came at a good time, to halt the downfall of some of the major American banks and financial groups. With the help of the fund, which has already given out roughly $158 billion of the total, it can be hoped that the crisis may be stabilized in the recent months.

Although the process may seem a little long drawn, it would have its effect in the future. Currently the progress has been halted in all sectors, and the situation had led to a panic stricken condition all over the world. The situation has become such that, the terrorists themselves are terrorized at the loss of funds to help them out.

Linus Orakles
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