sábado, 11 de octubre de 2008

The subprime crisis and the dry cleanner.

After the surrender of Japan in the Second World War and the unjust bomb on Hiroshima, the young Hiro Nakamura, decided to emigrate... The war has destoyed his country and the region was conduced to hunger... He sold his house overlooking the castle of Nagoya and prepared to leave... His wife, was dazzled with an American movie, where she had seen the splendor of the reborn emuipre... Over time, the Nakamura family was getting a good economic position... This allowed him a first-level education to his son, in one of the best universities in Boston... Years later, his son John, became prosperous with the sale of subprime mortgages... But with the onset of the crisis, he took what remained of their ill-gotten savings and escaped... While the son of the dry cleanner, uncork champagne in his Tokyo apartment, others suffered serious disorders... Hundreds of citizens of the first world went crazy, was murdered or suicide themselves... Some threw out the window of his luxurious apartments, others commit suicide along with his family and others preferred to kill their brokers ... And is that in a global world, where selfishness is the only engine of the economy, crises are always possible ...