Thursday, October 09, 2008

Financial Crisis comes to Indo

We have tried to keep somewhat up to date with all the financial problems that are going on around the globe. Thought you might be interested to know how Indonesia is being affected. The Indonesian stock market has lost about 20% of its value just in the past week. Officials shut down the stock market in order for markets to settle down.

The entire Indonesian economy completely melted down 10 years ago, and leaders are trying to convince people that it will not happen again. The value of our currency here (Rupiah) has experienced some big fluctuations lately too.

If you would like to read more about this, click here to read an associated article.

On the Edge

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