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Your personal bailout plan
Bailouts typically go to companies or industries which directly impact the health of the overall economy, rather than just one particular sector or industry. Financial Industry Bailout. Auto Industry Bailout. Compare Investment Accounts.
The offers that appear in this table are from partnerships from which Investopedia receives compensation. The interesting part of this stimulant was that the user temporarily looks robust for a while as a result of excessive food consumption because of the stimulant intake. However, within a couple of months down the line, the same person will experience a sudden weight loss so dramatic as if air ran out of over blown balloon because of the inability to sustain the rate of food consumption orchestrated by the stimulus.
As you are aware, there is no demanding shrine like our throat, everyday he always asks for a sacrifice. Between and , bail out was a popular economic terminologies around the world. This was as an aftermath of the global financial meltdown that caught so many countries unaware. Most countries in the west suffered severe economic downturn as a result of this and for the less financially strong countries it got to a point that they needed some financial assistance from other nations to get their economy running.
You will recall, countries like Greece, Portugal and Spain were given some dolls of bail out by rich European countries to keep them and their status as members of EU. A bail out is a colloquial term used when a loan is given to a company or country which faces serious financial difficulty or bankruptcy. It may also be used to allow a failing entity to fail gracefully without spreading contagiously to others like the recent outbreak of ebola virus that necessitated some countries to close their border with other neighboring countries that are reportedly have experienced the deadly disease.
This is to prevent wide spread of the killer disease. This is like a quick fix solution to prevent the problem from becoming a systemic one. The term bail out, is maritime in origin being the act of removing water from a sinking vessel using a smaller bucket.
As a student of the bible, I read an interesting portion in the book of 2kings And the response she got from the Kings to me suggests that there was nothing he could do to help. And he said if the Lord does not help you, where can l find help for you? From the threshing floor or from the wine press? In the face of serious economic hardship like the one we are facing now, the long and short of it is that there is no help anywhere.
Even the king himself needs help. The truth of the matter is that we must wake up to the new economic reality of our times.