The recession

In 2008, the united states outbreaks the financial crisis. Soon, the effect of the crisis begins to spread all around the world. Devaluation, depression of exportation, collapse of the bank and the bankruptcy of enterprise become the familiar words we will hear of everyday. Although a year has passed, the effort of the recession has not eliminated yet. The economists estimate that the recession will be over by 2012. But it is true that all the countries shall work together to solve the problem.