Introductory Comments on the Global Economy
1. A. Greespan has advised Americans how the global economy has affected the USA rates. He has stated that the convergence and impact of global economies has enormously affected the domestic economic markets such as real estate market. The number of foreclosures is quite large, and with an increasing rate, banks have reached a peak level that only benefits the boom of cash flow to foreclosure attorneys. Likewise, the real estate market is receiving the impact of having itself guarded the economic markets a few years ago when the real estate prices ballooned.
The fact is that foreclosures are mostly a direct result of unemployment and lack of job continuity for most American, or other personal circumstances.
Today, I do not see much logic seeing foreclosure attorneys getting richer while financial institutions cannot cope with the relevant backlogs and more American will be literally living on the streets.
2. Global Warming has been frequently blamed on green gases or on the convergent impact of the unbalance between those green gases and other environmental contaminants. It is my opinion that there are other factors, such as the inappropriate disposal of buried radioactive materials, and I also make the hypothesis that they are a key factor in major natural disasters such as earthquakes and tsunamis. Therefore, developed countries that work with nuclear plants without maintaining the highest level of quality assurance in disposing of radioactive materials are greatly accelerating the not so natural global warming process. While nuclear energy will continue to grow as a major source of energy supply, as it is already percent-wise in some countries, implementing quality assurance process that improve the disposal of radioactive material. Furthermore, and some physicist colleagues could agree that what still do not know about subatomic quantum physics is key to understanding why radioactive residue is a major factor in worldwide contamination and subsequently in global warming.
