Beware of the second recession in the United States
May 13, 2014 21:25 Source: "bet365 voucher Journal" Issue 215, August 18, 2011 Author: Wu Xiaopeng



 Dow Jones plunged 512 points on August 4, 2011,The largest point drop since December 2008。Many Asian traders think,Italy is the trigger of bet365 voucher round of global stock market crash。Ten-year Italian and Spanish government bond yields have remained above 6% bet365 voucher week,Close to the critical point of collapse。Although there was no obvious bad news in the US market on August 4,But when the European plunge was passed on to the US market,The U.S. stock market has also begun to dive high。The market is worried that U.S. policymakers cannot return the economy to high growth、The right track for high employment。Companies are hoarding cash to prepare for possible panic,Unwilling to make new investments,Not willing to provide new jobs;Banks hold cash and are unwilling to lend,Restricts business development and personal consumption,simultaneously,Banks that don’t lend are unwilling to accept more deposits,Because you need to pay high interest for bet365 voucher。These may lead to further inflows into the U.S. Treasury market,Push up its price。Krugman pointed out: “The signal sent by the price of government bonds is,The U.S. economy will perform very badly,A double recession is likely。”Former Merrill Lynch North America Chief Economist David Rosenberg believes,The problem will be more serious bet365 voucher time,Because of bet365 voucher productivity level、Employment and income levels are below pre-recession levels。(Wu Xiaopeng Source: "21st Century Economic Report" August 8, 2011Sun Sanbai/pick)

Editor in charge: virtual system user
Highly recommended
Latest article
bet365 voucher

Friendly links: Official website of Chinese Academy of bet365 voucher |

Website registration number: Beijing Public Network Security bet365 voucher. 11010502020184 Ministry of Industry and Information Technology: Beijing ICP bet365 voucher. 11013869-1

All rights reserved by China bet365 voucher Magazine. No reproduction or use without permission is allowed

Chief editor’s email: zzszbj@126.com Contact information for bet365 voucher website: 010-85886809 Address: Floor 11-12, Building 1, TEDA Times Center, No. 15 Guanghua Road, Chaoyang District, Beijing Postal Code: 100026