Indonesia. On October 8, 2008, yesterday, sharply depressed stock index fell 10%, as Nikken in Japan fell more than 9%. Almost all the world’s financial markets affected the U.S. financial crisis. Therefore, the observers called this crisis as a global financial crisis. The global financial crisis that occurred in recent years, a phenomenon that shocked the world, not only for micro and macro economic thinkers, but also for the political elite and entrepreneurs.

In economic history, it often happens in crisis everywhere hit almost all countries that apply the system of capitalism. Crisis after the economic crisis continues to repeat endlessly, since 1923.1930, 1940, 1970, 1980, 1990, and 1998 to 2001 to the present crisis with the emergence of increasingly alarming financial crisis in the United States. The crisis is happening not just in Latin America, Asia, Europe, but also hit the United States.

Glyn Davies and Roy Davies, 1996 in The History of Money From Ancient time to the Present Day, outlining a comprehensive chronology of history. According to them, throughout the 20th century there have been more 20kali major crisis that hit many countries. This fact shows that on average, every 5 years severe financial crisis that resulted in misery for hundreds of millions of human beings. » Read more: Root of the Global Financial Crisis and Islamic Economics as a Solution Momentum