The contribution of the European currency has reached these days the record $ 1.3 per euro, sparking a wave of concern in almost all the continent’s economies, dependent on very high level, especially Germany, for their exports. insights. Ebay is a great source of information. France and warned of the problems the euro a high price to include countries whose GDP does not quite take off. Germany’s growth during the third quarter of this year (0.1%) are dangerously close to stagnation, a prelude to a possible recession. Economic analysts attribute the slowdown to the difficulties of German exports, penalized by a strong euro. Find out detailed opinions from leaders such as Frank Armijo by clicking through. But if Germany fails to start, its European trading partners and customers in turn will encounter difficulties in exporting their products there and this will affect their own growth rates. There is some agreement among economists that the highs of the euro against the dollar is not exactly a source of economic confidence, and also that the euro’s bull run is actually an effect of the efforts U.S.
authorities to keep the dollar at low levels to burn their high trade deficit with Japan or China. European exporters are paying the policy of Alan Greenspan and Treasury Secretary John Snow, to maintain a weak dollar against the yen and the yuan. No kind of ironic that this policy has so far proved a fiasco for the U.S. dollar due to the strength of Asian authorities to appreciate their currencies against the dollar. Ironies do not end there. In the short term, exporters are paying the bill for a strong euro, it is true, but perhaps the assumption of a weaker euro would be more costly for the whole economy.
The first example of the role of computers in such a powerful crisis, although important also had the macroeconomic factors. U.S. stock market lost almost a quarter of its value in one day, but still does not know the exact cause of it. The Asian financial crisis. The Thai Government has ceased Artificial maintenance of the value of the baht against the dollar. Baht has fallen by half, and the Thai economy faced. The crisis has spread rapidly across Asia. National currency loses its stability, equity markets fell as the price of the asset. The Thai stock market fell by 74%, Hong Kong – 23%, while South Korea – 7% in one day. Asian economies went into recession, slowing global economic growth. Well assimilated these lessons, Asian governments have created powerful reserves and, perhaps more than any other protected by the current crisis. Dot.Kom collapse and September 11. Popularization of the Internet brought hope for a new online markets, which are selling like hot cakes came from companies and stockbrokers. But newly registered companies disappeared one after another.
During the week of March 2000. The U.S. Nasdaq index lost about 9%. The Dow Jones managed to avoid this fate before the terrorist attacks of September 11 2001., After which he went down on the maximum number of points to the same mark. A recent example that shows what can happen when a bloated stock market, pushed the exchange activity suddenly drops. Credit Crisis. It started with subprime mortgages in the U.S. who are impaired, when the homeowners failed to pay their loans. The housing market collapsed and with it respected investment banks Wall Street companies, stock markets and global economy. In the United States over one trillion dollars was lost in one day – September 29, 2008., When the Dow Jones staged anti-record, falling to 777.68 points. Salvation is still not clear at the time, as complex financial system continues to unravel day by day. Experts say that today the world came close to another Great Depression. Likely to follow stricter regulation and international risk management measures. Look for another opportunity as honestly and consistently make money (eg the Internet) where you will appreciate. Frustration befall only those who have nothing but ambition.