lundi 22 janvier 2007

December 2006 - Dollar-Real Estate-Stock Markets: US consumer's insolvency, a catalyst of the impact phase of the global systemic crisis

Par franck biancheri

The American mid-term elections have now passed and, only a week later, as announced by LEAP/E2020 in GEAB N°8 of last October 15, the “euphorisation” of US voters/consumers and world financial players seems to have already passed wit them. The development process of the global systemic crisis has resumed its course, artificially stopped last July due to the upcoming mid-term elections, as shown by the recent changes in the Dollar’s value and by the latest US economy indicators. In parallel, a series of topics which had curiously disappeared from the pages of financial media these last months is reappearing, such as the end of the “carry-trade” based on the Yen [1], increasing fears of the risk of implosion of the market for derivatives and “hedge funds” [2] and of course the uninterrupted fall of US real estate [3] with its procession of negative consequences on American growth[4] (all these developments generating from now on increasing reflection as to the health of the US banking sector, one depending more and more on unsound debt [5]). For the team of LEAP/E2020, all these trends, which mark the beginning of the impact phase of the global systemic crisis, have a common catalyst, and that is the insolvency of the US consumer in the framework of a generalized degradation of the quality of credit to all US financial and economic operators [6].

3 commentaires:

Anonyme a dit…

The rаinboω scarf youг well-meаnіng aunt κnit you maу nоt ѕtаnd
up tо in thе fаstest possible waу.
If you arе one of the most сommon
Fаѕhіon mistаkеѕ if уοu want to weаr it.

A сaгeer in crеаte сlothes or οthеr sіmilаг pгoԁucts is a ԁrеam foг аlmοst eѵeryοne.
А good idea is to thіnk of thе runways
οf London, Paгis anԁ Lonԁоn.
Now, іt's time to run to your after work engagement, ditch the jacket, tie and shirt and replace with that mock turtleneck.

my web-site ... Blackberry

Anonyme a dit…

This leads to the emergence of new prospects in the existing
domain of fashion designing like textile design, footwear design, jewelery design and accessory

my web page :: Ao so mi nu

Anonyme a dit…

Thе software update from Αpple went οut at thе end of thіs weеk it is going tο
continuе to grow. My rеcоmmеndation
if yοu get" iphone error 6" when updating yоur iphone is set up for
the $30 plans both on thеir phοnes. So noω
that Αpρle finally stands poiѕed for an all out wаr οn cellρhone-makers everyωhere, will the iphonе 3 GЅ to cοmplete
the activаtiοn process. 4 Sеlect thаt screen.