globalization (post #2)

For the AIC simulation (Arab Israeli conflict) the country I am playing as is Saudi Arabia. Saudi Arabia is a major player in the real life conflict as well as the simulation. Because of this I made sure that I knew the Saudi Arabian culture as well as their position on the Arab Israeli conflict very well. Our simulation is going great; we were able to submit our strategic goals statement on our third attempt. Since entering the game, my group has been able to communicate with many other countries including the United States and France. We are planning on realising our first press release today. While playing around on the simulation, our class has also been learning a lot about the Italian debt crisis. Italy is the eight largest economies in the world. This causes much fear for the rest of the world for the economic state of Italy, as it can greatly impact us. The debt of Italy is the combined results of decades of turning a blind eye to endemic tax evasion, corruption, and dismal economic growth. This resulting in a mind-blowing €1.9 trillion public debt – about 120 per cent of its annual economic output. Like I said earlier this is bad news for the rest of the world, as Italy has a huge economy on the world scale. It can put even us all the way over here in Canada, back into a recession.