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Lekcja 17: Who will survive the crisis?
The financial crisis has not only hit America and Europe but is slowly spreading to all continents of the globe, yet no one really knows how serious it will be or how deep it can go. The media in some countries play down the whole situation; while in others speak of a financial Armageddon. Industry analysts speak of a downturn in the economy and an enormous number of job cuts.
Today the majority of headlines speak of job losses across many sectors of the economy as an immediate result of the financial crisis. In the beginning of the year, the construction and manufacturing sectors dominated the unemployment survey, together losing around 90,000 jobs in Great Britain. In the banking...
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