<span>When an economic downturn happens, it can easily create social unrest as well as political upheaval in some strategic spots globally. A slump that lasts for an extended period of time undermines security interest of both western worlds and the United States. The global economy affects everyone around the world, down to their very way of life.</span>
In essence, global recessions are likely to result to an economic crisis. Dating back in 2008/2009 economic crisis that occured in the US, signs of efforts from Osama bin Laden to challenge the established global order were very imminent back then. This, according to security experts, could have undermined the United States and Western security interests and a prolonged slump would increase the threat levels and the risk of a regime-threatening instability.Emerging powers like India and China could take advantage of the opportunities presented by the United States economic crisis. They would do so by extending their own influences in those regions that have been in a long time dominated by the U.S. China, for instance, is already establishing itself as a huge player in Africa and Latin America and is investing heavily in attractive industries and other natural resources.Rising nationalism is another economic driven threat which at the end translates to effects such as anti-immigrant violence in industrial countries that further limits international trade.Global recession can also result in a sharp increase of powerful organised crime that controls parallel economic that in a certain way flourish with rising unemployment. Why does a global recession matter? Recession are a norm of the business cycle and its key for monetary policies and government fiscal to play a big role in making sure they do not happen and if they do, they do not persist. Such policies involve changing interest rates central banks lend money to banks or increasing or reducing government spending on public works projects that create jobs or entitlement program
We should care about the earth every day, not just on a singular day. though it is a great thing to celebrate! the earth has given us so much and we should be more thankful and take better care of everything.
