The financial crisis

Ms. Higgins and Mr. Stevens are economy experts and they are discussing the current financial situation.


Lallita_busu2012 (69)

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Lallita_busu2012: The financial crisis' repercussions are not over yet. What do you think about the unemployment rate, which has risen again?
Mr. Stevens: To tell you the truth, I don't think the crisis will be over soon. Look at the inflation rate in some countries.
Lallita_busu2012: Are you saying that the bailout did not really work as expected?
Mr. Stevens: Well we will have to wait and see the results in the long term, but in my opinion it hasn't worked so far.
Lallita_busu2012: There is no guarantee, that is for sure. The credit crunch really changed the financial scene.
Mr. Stevens: I just hope these measures will prevent a new crisis. I don't think I could deal with another one.