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After Tuesday's black ...


By market - Posted on 07 February 2010

only a few weeks ago we were waiting for the decision of the House in the USA. Within days, U.S. stock market fell and some others in the world to a level never seen in over a decade. Recapitulate that the first signs of the collapse of credit appeared to make a or due to mismanagement of the mortgages. As other countries are harmed, banks had to lend to them, completely blocking the economic circuit, which affects mostly the small and medium enterprises, an important agent for job creation. How could it be that some bad assets from the U.S. were sent to almost all world economies Like a disease that is spread by lack of precautions, we are all contaminated to the point that some European exchanges were shut down to avoid falling over. To realize the scale of the crisis enough to look like a prosperous country such as Iceland in recent years, was put into bankruptcy in two weeks. Now is asking for help from the International Monetary Fund as if an emerging country. Shame! From whichever side you look at the situation from the point of view of the causes or consequences, lack of reflection, anticipation and is a terrible responsibility.How many unruly behavior of speculation we have to endure until our governments wake up How many more plans of salvation we will have inadequate funding During that process, will say goodbye to some of the irresponsible Of course not! And where were the proposals to help retirees who lost years of savings in just two weeks ea those who lost their homes Do you remember all restrictions imposed on developing countries to give them loans Conditions sometimes impossible to fulfill for them. Now we will see in the future as these restrictions affect us. There are many lessons to be learned from this series of events, but maybe the countries that do not learn the problems started. Where would we be today if Europe had not decided to support the economic circuits that matter most to gain investor confidence.However, across the river, the big culprit is thought that the fundamentals of his philosophy of conspicuous consumption are the best in the world. Meanwhile a suicide because the octogenarian was kicked out of her home of 38 years, another killed his family before killing himself because he lost all that was left after six months of unemployment. Terrible things but are anecdotal comparison of all the fragile economies of the third world that will once again delayed beneficial despite anything they have done to succeed. Unfortunately we do not care at that time, our sole objective is to escape from this spiral of evil, greed and hope that we not lose otherwise, to settle down after the collapse.