Economy on the Rocks

This afternoon I read an article in the New York Times website titled  World Bank Says Global Economy will Shrink in '09 by Edmund L. Andrews.  This was a very intriguing article which discussed multiple issues.  One being that the decreasing rates of exports of developing countries are hurting the countries general well being and its primary cause is the banks.  Robert BZoellick, the president of the World Bank, wants wealthy governments to set aside a percentage of what they spend, called a "vulnerability fund".  This would be used to help lend a helping hand to countries in need.  Finally Eastern Asian countries are feeling this blow the hardest because of their high demand of their cheap goods has declined.  This has impacted them so heavily in both a direct and indirect way because this was a very important source of income.  In conclusion as most of us are realizing now more than ever, the world is going through a tough time becauseof the failing world economy.