Correspondents
News
Branches
Home
   

faqF.A.Q


feedbackFeedBack


contact usContact Us

samples

Template: 

   |   

search

Search:



Other banking crisis
Date: 4/25/2009 9:39:06 PM

At the same time, Washington Post quoted the vice-president of the Peterson Institute for International Economics Adam Busin say that despite the efforts of the administration of President Barack Obama, the banks will not be able to increase loans to the required level and will delay the crisis of trying to delay the bad loans, and this is what he called a crisis threatening the banking another year or two. Busin say that the U.S. economy is not as slow as it was now the wheel of production and employment. The economy can not recover as fast as it did in the past. If the economic recovery this time would be coupled with inflation may force the Federal Reserve to raise interest rates, a move that could further slow down growth. He warned that the recovery will falter and progress beyond the economy once again quickly.

 

34