BBC has come up with a great time line of how the Global recession started. This is something interesting to read.
There are various question arising out of this.
Are we(India) so dependent on the US of A or any other developed countries?
Where has all the money gone?
Who is keeping all that cash?
How does a Country Treasury Bail out huge loss making public Private sectors ?
Where does the government get those money from?
Many to answer..... only time will tell
I hope that everything go well & every one is happy
Some more on Global credit Crunch. Loved the presentation