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The Asian Financial Crisis Beginning of Paper As you know Asia is going through a financial crisis right now. What we have to realize is, that in the global economy everything is connected to everything else. The global effects of the crisis are practically everywhere. It’s caused the Gross Domestic Product to callapse 38% i .... Middle of Paper .... This will hurt companies like Lockheed Martin, Raytheon Systems and Boeing. The US trade deficit surged to a record $16.8 billion in August and now overseas sales of American farm products hit their lowest point in more than four years. The cause of all of this is too much borrowed money and too much corruption. It’s also affecting steel factories and Washington apple growers. Despite all this the US economy is steaming ahead. The actions that are being taken to deal with what is taking place in Asia and America is that Japan is p .... 386 words | 2 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95