MWP2 Outline

Introduction: All around the world there is a balance of give and take that keeps financial affairs on the fine line of growth and stability. Unfortunately, this fine line has been desperately sought after while we fight a financial recession plagued by high interest rates and un-payable debts. With that value of each global currency decreasing mixed with the higher cost of living that each country is demanding, debt and bankruptcy seem nearly inevitable.

Definitions: Financial instability is where an financial situation is overwhelmed by constant flux and setbacks. Higher unemployment rates and foreclosures within a country is an example of what financial instability could look like. It may also look like a family not being able to survive with one job due to the insane cost of living.

Review of Lit: Through each and every article financial instability and economic growth ideas were closely intertwined. To the uneducated person in this specific area it may seem odd that these two subjects are closely related, but it almost every financial situation it holds true. You cannot possibly hope to attain economic growth without the chance of financial instability. This ideal has been corrupted by major oil and credit card companies.

Argument/Analysis: Financial instability corrupts nearly every major global power. Too much power is given to the credit card companies and oil companies. This independent power brings the world to its knees. Restrictions should be made and placed on these necessary evils of our modern world so that we do not become a trade based global society.

Conclusion: Our old ways of life and old ways of solving problems cannot solve this problem that we face in our modern times. Drastic measures need to be taken to strip these corporations that cause countries to be crippled. Resistance in unison on a global scale is needed for any type of change to come.