Since Lenman bankrupt , the financial storms have been coming consecutively. Unfortunately  , No one knows how many potential risks and their impact. The latest one was detonated is “Euro debt crisis”.

When Euro started , I invested a little because I believed it was going to raise . Predictably , I bought when the exchange rate 1:30 and sold the one about 1:46 . Unluckily , it still continued to appreciate .  At that time, many professors prophesied this risk. Portentously , it occurred.

This crisis was a one dice of this domino  effect . It caused the European stock markets plummeted . Additionally , the confident crisis caused that the currency markets dumped the Euro  Furthermore , PIGS’s debt spread the whole world. The European Union tried to help the four countries to pass this hurdle , but it almost is impossible mission . Sadly, the Euro may depreciate can be expected soon.

The event did not just impact the European, American , and Asia were impacted seriously . Besides the stock markets , the countries’ debt problem may cause national bankrupt . Additionally , the jobless problem trends more critical in order to cause society problem . Furthermore , the savings may disappear because of bankruptcy  .  No one can escape the tragedy.