According to a New York Times editorial, the only thing worse than the economic situation in the U.S. and Europe is the economic situation in developing countries. Unfortunately, many people do not realize this as major news networks around the world are highlighting the financial crises in the wealthy nations. Although everybody around the globe is being affected, it is the poor countries that do not have the resources to bail out their failing economies. They need outside help, and developed countries should waste no time providing it.
Source: NY Times
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