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Polities and Financial situations


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Polities and economic is tightly bonded together, whatever happened in one of the above will have significant effect on the other one, and in recent political news that have an huge effect on the economy happened in North Korea, and of course we have now received the news that the head of North Korea – Kim Jong Il has died from a heart attack in a train, on his way he suffer a heart attack, and rescued came to him, and did a rescued, but however, they were not able to save Kim Jong Il, and he died on the train. However, the death of Kim Jong Il was not announced till two days after his death, because of polities reasons.

So, with the death of Kim Jong Il, it is not just about a person’s death, because he is a country’s leader, and his death will have more meaning and he is having more effect on the world. Let us start with Europe. Today, on the 19th December, 2011, started with a sharp fall on the shares, which amid fears possible credit ratings downfall on several European countries could fan contagion, ''Ratings agencies unsettled investors and sentiment around Europe continues to deteriorate," Stan Shamu, market strategist at IG Markets, said. A profit downfall by surf wear maker Billabong then fanned concerns Christmas sales might be weaker than expected.

So, that not just North Korea is affected by Kim Jong Il’s death, but that all around the world is also affected, and that is due to the fact that one of the leaders of a country has fallen, and North Korea is now suffering in the sorrow of his death, which in a way has slowed down the GDP of the country, and since the world is getting more and more linked, one country not able to do as much will have a domino effect, and other countries will also pay for the price, and Europe is just one of the country that showed the effect quickly, because Europe is already at a stage where their own economy is not very stable, and they might have to rely more heavily on other countries compare to other countries.

And because of that, we all now know that polities and finance are tightly linked together, we cannot live by just going towards to one side, both rely on each other, and that is how the world can improve, we all improve as a whole, and if one country suffer, other countries will not gain benefits from it.

 

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