Thursday, April 23, 2009

Effects of economy on governments around the world

There is no doubt that people generally link the performance of the economy to the ruling government....

2nd depression: 2007-2010

although economist have not officially given a name to the current economy, It is official that we are in the 2nd depression since 1930s....

normally, bad economic situation is linked to war....
also there will be a change in governments....
2008 saw the angst of Americans against the Bush admin which led to this current crisis....

It is the simple math of people don't get food on their table, they'll mob or do certain actions that are deemed abnormal.... also it is time to check and see how far we have come and enable the necessary actions that are important for the future.....

in Australia was the first to show how the people were voting against the John Howard gov....
Its been a long ten years... and history shows that Australian vote for gov change for every decade....

Malaysian also voted against ruling BN which saw its worst ever election result since Racial incident on May 13, 1969..... Last time, the chinese in PAP of Singapore nearly gain control of Malaysia.... Fearing to lose it all BN kick Singapore out..... This time, unable to kick any state out, BN resorted to other tactics.....

South Korea is another classic example of how economy plays important role in election... the last president was linked to many issues especially trade realtions with US....

Germany also voted for change in the form of Chancellor Angela Merkel.... And she has been doing a good job

Chile voted for Michelle Bachelet

Argentina voted for the spouse of the ex president for Christina Fernandez Kirchner for her husbands record of lifting the Argentine eonomy....

India voted against BJP, thus giving the dynastic rule of Gandhis in the form of Congress....
New election is on going and this will allow us to see how much economy dominate the voting pattern...

Italy turned to Berlusconi once again, as he is more experience in economy...

other bench mark to look at is Britain.... It will be facing an election soon...
also Japan is also due for election soon this year or next year....

And we have seen governments gave coupons and others to people to sweeten their bitterness in losing jobs...

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