Difference between revisions of "Stalemate"
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= | =2011 - 2013= | ||
The fears of a head turning revelations by IPCC report were floured today after the presentation of the IPCC chief. Although there had been some minor natural disasters spread across the globe, none was potent enough to raise alarms on the affects of climate change. It is a general notion now that earth has tremendous healing powers and any major effects of climate change would require a lot more time.<br> <br> | The fears of a head turning revelations by IPCC report were floured today after the presentation of the IPCC chief. Although there had been some minor natural disasters spread across the globe, none was potent enough to raise alarms on the affects of climate change. It is a general notion now that earth has tremendous healing powers and any major effects of climate change would require a lot more time.<br> <br> | ||
With some signs of recovery in mid- 2010, a full recovery was expected sometime in early 2011. Unfortunately, the world went the Japanese way and a complete recovery never came. As the fiscal impetus from the governments was removed, the world saw a second dip. The same pattern has repeated itself again and again for the last three years. Experts believe that this is due to the repayment of corporate debt to match their balance sheets. No one had ever imagined that the sub-prime mortgage crisis would have such a long lasting impact on the western economies. American citizens recently voiced their opinion of a quick economic by electing a republican president. As promised by the new US president, the focus of US would still me a more stable and robust economic growth.<br> <br> | With some signs of recovery in mid- 2010, a full recovery was expected sometime in early 2011. Unfortunately, the world went the Japanese way and a complete recovery never came. As the fiscal impetus from the governments was removed, the world saw a second dip. The same pattern has repeated itself again and again for the last three years. Experts believe that this is due to the repayment of corporate debt to match their balance sheets. No one had ever imagined that the sub-prime mortgage crisis would have such a long lasting impact on the western economies. American citizens recently voiced their opinion of a quick economic by electing a republican president. As promised by the new US president, the focus of US would still me a more stable and robust economic growth.<br> <br> | ||