Hello to all members,

As we all know the financial crisis is effecting everyone, and no one will be spared in this financial crisis, sooner or later everyone will get hit by it, since the base of the financial system has been erupted. 

The Financial system was long overdue to collapse and it had to happen since now the world is interconnected, if one country gets hit the other will to and there for causing a chain reaction. The problem many don't understand is that everyone is effected, let’s say a small business stops to run because the cost of living is getting high due to some increase in oil prices, which again is the fault of the politicians by increasing the standard of living to in such a way without ever having an alternative plan, and in order to keep that standard taxes have to be raised, under the pretext of keeping the clean air. 

At the same time as the oil increases, the cost of transportation increases, and the products that have been already dealt in low margins have increase in price to cover the cost, which directly hurts the small retailer, intern the customer, stopping the sales, forcing the business to keep the low margins to such a point that they can't pay for their costs anymore, driving the business into closure, therefore also firing the workers it had, and now this workers were also customers, so they stop buying, stuff, and therefore slowly forcing also other business to run out. 

Now please note this is only one side of the whole pictures. 

The other side is from the banks, initially giving out credits to the business as easy as possible, to increase their capacity, with only one purpose in mind, to make as much profits as possible, while still sitting on their chairs, and slowly increasing the interest rate to such an degree that the businesses and private person where only working for the banks, in the end taking their property for half the rates and even less, and yet still those poor people have to pay back the balance, but what the bank didn't in cooperate was what if they stopped paying, since eventually that was going to happen, and that when they hit the wall, and also causing more people to lose their jobs, and causing more distress.

And this once again is also just a small issue of the whole.

so whats your view? What do you think will happen and why? And what can anyone do about it?