The global financial problem started to manifest by mass lay off of workers.  Even the internationally acclaimed Intel Corporation is affected by the crisis and the Intel CEO disclosed their restructuring scheme, and one of the actions is to lay off workers.

The business which is under the pressure of this global crisis is the pre-need business.  Educational plan, health and death plans, and other types of pre-need plans are now experiencing a down fall in the suppose to be benefits of the plan holders.  Though the downfall had seen to occur a fews months more, the media had triggered the plan holders to panic on what will happen if the crisis continues.

One of the suppose to be solutions is to avail a loan from the bank and other financial institutions, but the these companies also are affected of the financial.  Thus, they become strict if not totally control the borrowing scheme so as not to drain their stocks.  We all know that banks and other financial institutions play a vital role in the business sector.  Their incoming deposits seem to go down too.  Obviously, people tend to save money in their pocket for future use.

It is a chain reaction.  Since it started from the big business institutions all those within that business especially those individual manning the business are the most affected ones.  And the worst, those people in the third world countries where they rely mostly of their resources to other countries will feel including the smallest residue of this global financial crisis.

Do we have something to offer to ease the problem? Absolutely none.  The first and foremost to sacrifice are those huge companies and cost cutting scheme by way of reducing the number of manpower will the best and immediate action to be done.

Did I not create a cycle of the life of the people and the companies they are working?  Well, this is just a simple easy English essay about the global financial problem.  You can have this essay and if you feel rewriting it, do as it pleasures you.