STOX.CZ (Grant Capital)
Markets  |  April 05, 2013 11:07:03

How and when will the crisis end?


It's been 5 long years since the financial crisis broke out in the world and for the following 5 years it has changed a lot. Earlier unshakable ratings G7 are gone. U.S. still delay the issue of fiscal cliff with all sorts of loops, the eurozone suffers from the hard social generosity and wasted finances disobedient mannerisms populist politicians and especially southern periphery eurozone mired in a spiral of debt. Response and efforts to halt the deepening sovereign debt by all means do not have long. Printers of all central banks are going hard and it just does not bring much desired effect and economies of all developed countries are more fragile every year, if not already in recession.With the crisis came to the surface all the vices that had hitherto managed to hide. At worst it suffered from Greece, who after caving falsifying data were close to bankruptcy and exit from the euro zone and had to be expensively rehabilitated finance from the IMF, ECB and even private creditors had to write off 75% of the debt held against Greece and its toxic bonds. The worst part is that the Greek people do not smell much the established direction crossed out until very generous state apparatus, which paid out pensions to the dead souls, or extremely high bonuses for early arrivals to work.

You can read the full article at:http://stox.cz/zpravodajstvi/clanky

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Jak a kdy ta krize skončí? (1)

Diskuze a názory uživatelů na téma: Jak a kdy ta krize skončí?
08.04. 10:31  Jak a kdy ta krize skončí? (chudák čtenář)

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