Quote:
Originally Posted by thommy
1. USA went so fast out of the crisis because it was not made in a "natural" way.
the last crisis was resolved by urging on the local market.
with other words: people got cheap loans to increase their consumption.
what they forgot here is that nobody can give endless loans and that the day
will come to pay it back.
other countries have been slower in that process and some of them still suffering
an the 2008 crisis but they fixed it with INTERNATIONAL trade.
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Europe isn't different, they do the same. The European bank bought for billions obligations the last years and will keep doing that till the end of this year, or maybe longer. Nothing is fixed with international trade, the debts to make that international trade possible are still there (and growing).
I also read a lot of professionals expect a new even bigger crisis. Cause the debts are higher than ever and it is the end of the 4 - 8 year cycle of ups- and -downs.