The Guardian reports that Obama has named his economic crisis team. Only a few days after being elected as the first Black President of the USA, Barack Obama announces his team of 17 members that will help him tackle the problem of the economic crisis.
The 17 members of the TEAB include individuals such as Eric Schmidt CEO of Google, Paul Volcker the former Federal Reserve chairman and even a billionaire investor like Warren Buffett. It is quite clear that the challenges facing Obama in the coming 4 years will be serious. The current economic crisis in the US is considered the worst crisis since the depression of the 1930s.
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the global economic crisis is too much affecting developing countries like nigeria and other african contries.i wish the newly appointed crew to govern united states in the next years will be able to do something to rescue the situation.
The US must improve its financial and economic situation in order for the rest of the world to follow. Unfortunately, the US democrat controlled government believes that mimicking countries with bland stagnant economies is a solution to the damage that government corruption, ineptitude and meddling has caused.