Powered by Max Banner Ads  

On October 20, 2008

Economic crisis in the United States: Part 1

For: 100 Business In: Business ambience


 Powered by Max Banner Ads  

The crisis in the United States is a topic appellant in the discussions of universities and heads of state. In this first delivery we speak about the causes of the American crisis. In future deliveries one will speak about the aftereffects for Latin America.

It is necessary to speak that the origin of this crisis goes back to 9/11, on famous September 11, date in which the Twin Towers of World Trade Center in New York, were attacked by terrorists. Then, the government of the president Bush fitted the economic politics that possibly generated the stage of crisis through that one lives at present.

It is not necessary to be wrong, this crisis comes from the financial system, from the bad bank handling and from a brutal greed in Wall Street. It is not a crisis originated from the normal business, but of the whole dirt in the banks. This has happened several times in Latin America. Perhaps the crisis model is the Mexican of 1994-1995, where the famous person FOBAPROA had to create the government to buy the debts of banks that came to the bankruptcy. It is the same case in EUA.

Originally, the North American crisis began for credit mortgage. The people who might not pay his houses, obtained type credits suboccupy first place. This means that they performed high risk for the economy, but they were generating good money for the banks. Which set sail to the people not to be able to pay his credits. Little by little the inflation, the unemployment, the economic conditions and other factors, they did that there were happening a cascades of abandonment of these credits. The banks were not prepared for this type of situation.

What it spent since then was that the value of the house collapsed. The North American banks had to ask for more money and in some moment, many went to the bankruptcy on having had lacking in capital in work. Where this is difficult really now loans do not exist to small business and solid companies. There exists a capital absence that it hangs to the economy.

We have seen that this has caused panic on the markets and has forced them many North American companies to declare itself in bankruptcy (and to use the famous Chapter 11). The contagion has happened towards Europe, Asia and Latin America. A problem that it has worsened for the inflation rampante that had beating to the region Latin America. In Spain, in particular, the mortgage problems and of liquidity they have been capital.

In next deliveries one will speak about the consequences for the business in Latin America of this one crisis. The interesting thing is that there will be more business opportunities in times of crisis for which they can make use of them.

2 Responses to "economic Crisis in the United States: Part 1"

1 | We are big enough

October 20th, 2008 at 4:03 pm

Incarnation

for wanting to gain more money what they obtained was a massive failure

2 | Crisis of the United States - Podcast of Business |

November 15th, 2008 at 4:36 pm

Incarnation

[...] Crisis of the United States: Analysis of the situation, opportunities and threats [...]

He writes Your Comments


 Powered by Max Banner Ads  
BlogESfera Directory of Blogs Hispanos - Adds your Blog Blogs searcher Small Business Blogs - BlogCatalog Blog Directory

Resources Free of Entrepreneurs

- Course of business Ideas

Video Studied Free of 45 minutes - How to Create business Ideas

- Test of Emprededores

It discovers what type of ENTREPRENEUR you are, in this test online.

- He guides to Initiate a Business

It discharges Free, the Trial of HOW BEGINNING A BUSINESS IN 10 DAYS, finds the first 2 Days of the Course.

- Phrases of Motivation in your Mail

Explain you for a FINISHED YEAR by phrases to motivate you in the business that come to your mail.

- FREE BUSINESS BOOK

He votes BELOW and a link will appear to unload your business book.

! Vote and Obtain A FREE BUSINESS BOOK!

What Topic Are you Interested in MORE On Business?

View Results

Name:
Email:
We are interested in your confidentiality. Politics of Privacy.

 Powered by Max Banner Ads  

Business sections

Business ideas l business Opportunities l Exemption l Business in Internet l Business at home

Business topics

Good Business l List and Tips of Business l Small and Medium Companies l to Tackle a Business l Your Business

Business resources

Podcast of Business l business Videos l business Courses

Copyright © 2010 www.shehab.org All rights reserved.

, , , , , , , , , , , , , ,