The Financial Crisis in the United States is affecting everywhere around the world. Philippines is affected in the current global crisis. I mention Philippines because some of my close friends are Filipinos. Unemployment rate has skyrocketed in that country in the last 5 months. The global crisis in Philippines is bringing most of the people into poverty.

According to my friend, the government is not doing well in improving the nation. The global crisis not only affecting the Philippines but all the inhabitants in it. I hope that this global financial crisis will end soon.