The global economy from recession to collapse
The global economy from recession to collapse
3/12/2016 0:00
Morning – agencies
dominated by the subject of the global economic slowdown on the annual meeting of the International Monetary Fund and the World Bank ‘s agenda last October because of the concern of economists from the growing threat of a new economic crisis , even with the continuity of the suffering of the world order of the repercussions of the Great Depression , which took place between 2007 and 2009. Fill the stock market crash and economic recession in China and the deterioration of oil, metals and other commodities prices , news headlines, and the business press pointed to the fact that the US economy is going through the most vulnerable stages of recovery since the forties of the last century, it chronicles a spot among the advanced industrial countries. Even former Treasury Secretary Lawrence Summers, a subsidiary of System Line Personal, warned of «recession lasting» occurrence – any long period of weak – with an accuracy alarm grow about the threat of deflation.
Impossible , of course , to speculate in advance of occurrence of the next recession in the rest of the the world or to guess the extent of its severity. But, because the global economy has not yet fully recovered from the shock of the recent collapse, social and political Valsdmh next to collapse – even if small – would be great. Will enhance the next recession , economic disparity, and climb from the class struggle and sharpens political and military international conflicts. However, simultaneously, creating the specter of the crisis new opportunities for the socialist left to cast a deaf ear want an alternative to capitalism – and wants to build a resistance against it .
Without a doubt, the global economy in late 2015 , continues to grow by 3 percent , according to International Monetary Fund statistics, so far actual deflation that occurred in 2009. However, the Chinese economy is slowing was in the meantime caused a stir in the countries that have flourished through the export of oil and other commodities. Brazil ‘s economic slowdown more landslides prominent event in Brazil, where a combination of Chinese slowdown and low prices oil and corruption scandal in the huge oil company , state – owned to a budget deficit and a decrease of 25 percent in the Brazilian currency. nomination of the Brazilian economy a few years ago to be one of the most important global centers collided with the problems of the recession experienced by the world ‘s economies, he now lives worse Ksadath since the great Depression in the thirties of the last century. Canada also – entered the last source of oil for raw materials – in a recession and it seems that Australia – a town has seen an economic boom active Dfhta mining for more than ten years – will be followed by the same token. China ‘s economic stagnation .. show us the fact that once a recession in China hampered economies industrial – sized amount of this great transformation that took place for the global economy since the nineties. By 2014, China was responsible for 12 percent of global GDP based on market exchange rates, where she was responsible for 2 percent only in 1995. According to the International Monetary Fund, China came to the fore with the occupation of the so – called market economies emerging three – quarters of economic growth global 2014. thus, if the collapse of China ‘s happened, is going to feel its effects throughout the world. China ‘s new influence came as a result of the crisis of 2007-2009 and the strategies used by the capitalist class throughout the world to overcome this crisis. stationed economic crisis in the United States , where the cause of the recession in the flood of bad debt mortgage – related. The government has responded by ensuring that all financial transactions and the nationalization of the actual banks through «troubled asset Relief» program initiated by the Bush administration, and $ 700 billion, followed by the stimulus program initiated by the Obama administration and worth 787 billion dollars. but money actual mega came from « the Federal reserve system». Since 2008, the banks were able to borrow funds from the reserve of the benefits of 0.25 percent, with banks then turned around and lent the money to the government by buying Treasury bonds from profit of about 2.5 percent. That was the process of «saving covert» returned the banking sector profitability – after it has restructured. The Federal Reserve System itself to buy bonds from the Treasury and various other types of mortgage – backed guarantees that are not desired by any private investor. I knew that process b «quantitative easing». The result was a staggering inflation in the Reserve Federal budget of $ 3 trillion, which would work as a stimulus giant. Source: International is Suchalst Rڤao
alsabaah.iq
