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Financial Crisis And Comets Hitting The Earth

719 words - 3 pages

Financial crisis of 2007–2010
The financial crisis of 2007–present is a financial crisis triggered by a liquidity shortfall in the United States banking system.
It is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s.
It contributed to the failure of key businesses, declines in consumer wealth estimated in the trillions of U.S. dollars, substantial financial commitments incurred by governments, and a significant decline in economic activity
Responses to financial crisis:
The U.S. Federal Reserve and central banks around the world have taken steps to expand money supplies to avoid the risk of ...view middle of the document...

Congress refused to pay for the $10 million-a-year project. NASA spends $1 million a year on smaller search programs which monitor about 10 percent of the sky per month.
Possible solution:
With enough advance notice, military planners might:
Melt it with lasers on Moon or Earth used to boil off layers, thereby redirecting it.
Smash it to smithereens with rockets carrying heavy payloads to smash the object into bits and divert them off course.
Blow it off course with a nuclear blast near the object.
Problem faced:
If the comet that hits the earth would be very large, the unity and cooperation of many governments are required, thus comes several problems:
Who would then be responsible for saving the earth?
Will countries with nuclear weapons cooperate with each other?
Who is to contribute how much to the mission?
Who is to lead the mission?
Possible solution:
The UN
The United Nations Organization (UNO) or simply United Nations (UN) is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and the achieving of world peace.
Thus, the UN could unite...

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