We know, for pure application of experience, that the American economy circulates a couple of meters ahead of ours. It is therefore necessary to observe an exercise, more if possible; when we know that we are facing a bad scenario. Faced with an economic system in technical stop, clarity is a necessary guarantee to deal with the crisis, and this has not been applied in this case. Managers Americans have fattened a problem because of implementing one of the most harmful outings, the principle of invisibility.
The invisibility, in economics, is the power of certain political and financial segments to deny reality and escape publicly. Some data, rather than hide, no longer affect. The tsunami figures and ratios negative about the economy of the world's leading power are devastating and not hide any longer allow the accursed word: recession.
63,000 more unemployed in February, growth below 2.3% and dozens of indicators that are limited to certify the sickly state of the United States economy are the parameters with which all experts believe that is imminent recognition recessive this situation by the National Bureau of Economic Research, making it official.
The recession is a fact no longer in doubt nor Bush. That is more or less what long does not seem important. Now what happens imperative to discover the excesses that have been committed during a downturn and financial crisis. The lack of transparency and recognition of the situation turns into a blind bet the extent of the crisis.
Experts now recognize a crisis crystallized, until recently they silence like rats while save their own furniture or what remained of them. Goldman Sachs provides a couple or three tough quarters; Morgan Stanley believes that the crisis is more American domestic overall. As for trust, have spent half a year to deny the evidence and now claim that we believe that we have bottomed out, that this last bit and not affect Europe. link
We know, for pure application of experience, that the American economy circulates a couple of meters ahead of ours. It is therefore necessary to observe an exercise, more if possible; when we know that we are facing a bad scenario. Faced with an economic system in technical stop, clarity is a necessary guarantee to deal with the crisis, and this has not been applied in this case. Managers Americans have fattened a problem because of implementing one of the most harmful outings, the principle of invisibility.
The invisibility, in economics, is the power of certain political and financial segments to deny reality and escape publicly. Some data, rather than hide, no longer affect. The tsunami figures and ratios negative about the economy of the world's leading power are devastating and not hide any longer allow the accursed word: recession.
63,000 more unemployed in February, growth below 2.3% and dozens of indicators that are limited to certify the sickly state of the United States economy are the parameters with which all experts believe that is imminent recognition recessive this situation by the National Bureau of Economic Research, making it official.
The recession is a fact no longer in doubt nor Bush. That is more or less what long does not seem important. Now what happens imperative to discover the excesses that have been committed during a downturn and financial crisis. The lack of transparency and recognition of the situation turns into a blind bet the extent of the crisis.
Experts now recognize a crisis crystallized, until recently they silence like rats while save their own furniture or what remained of them. Goldman Sachs provides a couple or three tough quarters; Morgan Stanley believes that the crisis is more American domestic overall. As for trust, have spent half a year to deny the evidence and now claim that we believe that we have bottomed out, that this last bit and not affect Europe. link