The financial crisis

Is the financial crisis affecting you personally?


mackar1

mackar1 (73)

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Due to the global economy the financial crisis spread all over the world and reached my country as well. A good number of banks began cutting down their operations. Unfortunately, I had some savings in one of such financial institutions, thus my little nest egg simply vanished into thin air. Consequently, I turned out to be back to square one.

Due to the global economy the financial crisis has spread all over the world and reached my country as well. A good number of banks began cutting down their operations. Unfortunately, I had some savings in one of such financial institutions, thus my little nest egg simply vanished into thin air. Consequently, I turned out to be back to square one.

Although not incorrect we'd more usually say 'I was back to square one'. An expression which comes, as you probably know, from board games where one has to go 'back to square one' i.e. the beginning when landing on the wrong square.

Yes, everyone is 'feeling the pinch', except the very rich and the politicians!!!

This is a good essay.

mackar1

mackar1 (73)

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Yes, I totally agree with you:  the crisis  makes some people rich.                                                                 Thanks for reviewing my short answer to the question!

mickey16

mickey16

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Due to the global economy the financial crisis  has spread all over the world and reached my country as well. A good number of banks began cutting down their operations. Unfortunately, I had some savings in one of these such financial institutions, thus my little nest egg simply vanished into thin air. Consequently, I went back to square one again.

good work Victor. maйк

yes Victor, I have noticed the huge price increase in items from last year. It reminds me of inflation in Germany during the second world war. I assume the same thing is happening in your country. 

mackar1

mackar1 (73)

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Oh, Mike, the crisis similar to German one we experienced in 1991-1996. The international turmoil of today is a sort of a light breeze in comparison with the financial tornado of that post-Soviet period....

Thanks for your corrections.

Victor

joolia64

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Due to the global economy the financial crisis has spread all over the world and reached my country as well. A good number of banks began cutting down their operations. Unfortunately, I had some savings in one of these financial institutions, thus my little nest egg simply vanished into thin air. Consequently, I ended up back to square one.

Very good work Victor. Well done.  Have a good week.  Bye for now, Julie 

mackar1

mackar1 (73)

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Thanks, Julie, for your prompt help and suggestions on how to make the text better.

Have a nice week without strenuous loads.

Victor

тони 2

тони 2 (41)

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Due to the global economy the financial crisis has spread all over the world and reached my country as well. A good number of banks began cutting down their operations. Unfortunately, I had some savings in one of these financial institutions, thus my little nest egg simply vanished into thin air. Consequently, I found myself  back to square one.

Very good work as usual. For the last sentence I wrote another way of saying the same thing rather than making the same corrections as your friends.

Good luck

mackar1

mackar1 (73)

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Thank you, Toni, for your contribution to improving the text.

The best of luck!