venezuela............and im in UNDP(united nations development programme) and the two topics are making aid work
and the global financial crisis
damn i wish i knew economics 
i studies it actually, okay i dont noe to much about venzuella but ill try to summarize the world financial crises
- Most of the world's money is in the US, whether its American money or foreign investor's money
- That means that any problem coming the US's way will affect the whole world
- A developed country (aka first world country) is a country that has little or no poverty
- US, being developed but still recruiting more immigrants and whatnot to get even richer, has banks that depend on interest rates to make its profits
_ Now heres what happenned
- Banks lured alot of citizens to take loans in order for them to buy fancier houses, these loans had high interest rates
- too many citizens have taken these loans, but were unable to pay back the money
- Now this lead to two things: Lots of banks made losses since they didnt get their interest rates, and ended seizing the houses of the citizens; that, also meant that more US citizens ended being homeless
- Banks made too much losses and ended up closing down, therefore raising unemployment levels
- Unemployed started saving their money, not buy luxury or leaisure products, hence decreasing the demand for these products, which meant the factories decreased their producitivity rate which means they had to fire a lot of people, making the unemployment even worse
- This kept on happenning in the US< and since lots of second and third world countries, Venezuela for example, used to rely on exporting a huge portion of their products to the US (where demand is pretty high). So Venezuela also sufferred by this problem, because their factories had to produce even less
- these things kept on worsening, until the US government started trying to bail some of the banks out, this is working, but it is very slow
Hope i helped you and didnt talkk too much
