1 krishna09-03-10
of course it will be, i think it will be effective in fighting the financial crisis!
in general, the goverment who face the financial crisis would lower the interest rate when they get the economic down, as soon as they implement it,
the economic up to normal, in some case, it was not always validiate.but
still adopt by lots of contries such as us, uk and other europe contries.
so i think we can turn economic to normal according to cut interest rate when cause the economic crisis,
but there is a very important point that we must considerate it carefully