Central Bank

a But the Obama encouraged world governments to follow suit and extend more funds to the economy so as to boost demand and leave behind the recession. a According to Lawrence Summers, Obama has had to take such measures as the lesser evil, to “save the system (Free) market for its own excesses. ” a “Mr. Doom”, Nouriel Roubini aka ‘, Chairman of RGE Monitor and professor of economics and international business at New York University, that large U.S. banks go bankrupt in the next six months and will be nationalized. As stated in the financial network CNBC, the debate now turns not on whether or not banks should be nationalized, but the extent should be, whether in whole or in part, the measure would be temporary and would last as long as it takes the government U.S. t as a related topic. banks clean up the toxic assets and then sell them to private. Thus, the injection of funds would not be constant and pressure on the budget and the tax burden on taxpayers.

“The central bank is supposed to be the lender of last resort, Roast became the lender of first and only instance!” He said. a And he predicted that “most of the big banks, almost everyone, will go bankrupt.” Must nationalize before. Is that in reality this is not as dramatic as it sounds, but move to a situation of formality, is the current situation where some institutions are already de facto nationalized, like AIG (NYSE: AIG) or Citi. a Achieve financial model to generate a solid, stable and clean may just be where the U.S. government done to give cold medicine to a patient with pneumonia, and perform major surgery with clean produce poisons that generated this whole financial debacle. No a uniformity of opinion between economists about it.

“When I ask an opinion of five economists, always get five different answers. . . unless one is Keynes, in which case the number of different answers invariably amounts to six, “said Churchill. a “Sweep under the carpet or shaking?. Nationalize or break “?. While we decide, the world, especially China, continue directing their dollars to the U.S., financing megaplans economic bailout and the injection of funds to U.S. Gavin Baker addresses the importance of the matter here. financial institutions into trouble. Very dangerous, the default may be given today in any other country in the developed world. a Latinforme. com is the main source of financial information and independent opinion on American and global markets from a Latin American perspective. From our offices in Buenos Aires, Argentina, I approached the latest news and alerts to help you make gains regardless of the direction taken by the market.