Financial Crisis Essay - 1388 Words

The United States has the biggest financial crisis ever since WWII. Which lasted from September 1, 1939, through September 2, 1945. It was a six-year and one-day battle. Whether or not the seventy-eight trend is strictly reminding us that revanchism (the political manifestation of the will to reverse territorial losses incurred by a country) hasnt changed. I recall my economics professor warning his class at the time that, another crisis will happen soon. So he asked the class, what do we fear more, inflation or recession? Many answered recession, because if the number of jobs decreases we will be in trouble and health insurance will be taken away. Most employers are now seeking for more qualities, and it is just getting harder to get†¦show more content†¦There are at least six different countries in the United States that have universal healthcare coverage for their citizens. Just as Africa, Asia, Europe, the North America, South America, Oceania and Im sure several ahead o f us. In the first place, Jacob Zuma, Africas president accomplished their healthcare systematic by the poor automatically being enabled to health services and treatments while the wealthy pay for the hospitalization according to a sliding scale. In Africa, theres a chain of hospitals, clinics, and dispensaries that provide treatment to the community, with the Social Security system financing their health services. Even if many people must still cover and pay for part of their costs due to the amount paid by the Social Security Africas healthcare system has been unchanged since 1987. Secondly, Asia is another country that accommodates for their population with universal healthcare coverage. Many countries in Asia that provide free public medical insurance include Bangladesh, Bhutan, Bahrain, China, Hong Kong, India, Iran, Israel), Jordan, Kazakhstan, Macau, Malaysia, Mongolia, Oman, Singapore, Sri Lanka, Syria, Taiwan, Tajikistan, and Turkmenistan. All the countries in Asia working as a team. If one country cant provide treatment for a patient, such as cancer than they refer them out to India, and India being one of the biggest subcontinents in Asia. TheShow MoreRelated The Structure of a Financial Crisis Essay4624 Words   |  19 PagesStructure of a Financial Crisis INTRODUCTION   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The year 2001 had been unlucky for Turkey. Apart from the crisis in 1994 and November 2000, the country had to face another financial crisis, causing problems in the management of its economy. Why does a country delve deep into financial crisis? What are the possible immediate triggers for both the current and potential new crises? 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