Economic Cooperation

The world can only help awareness of what it means in reality a global human condition, in which we came. Michael Lightman crisis of moral values, the crisis in Germany – the most severe recession in its history. -The crisis on Wall Street. Loss Pension savings and capital, the collapse of the housing market and unemployment raises the question of economic survival. -The global financial crisis splits the Eurozone. The EU and the euro area developed at different rates, and contemporary crisis accelerates this trend. Leading financiers of the world have identified the cause of the financial crisis, a crisis of moral values, when lust has launched an avalanche of enrichment process irresponsible accumulation. In all that happens is the law of development, rather than blind fate or chance.

The laws of nature we can not change – we exist in them, so they must know and abide by – for their own good. Nature lies in man's development agenda which is the pressure that is felt as pain, or conscious of his understanding and complicity between man and nature. S. Balashov More: The arrow of time or cause of the 2008 crisis Learn live in the New World Message (NEWSru.com): Economists believe that the worst is yet to come. Prof. Economics, University of N. Roubini: "My assessment of losses of U.S. banks – 3.7 trillion dollars." "The global recession will turn into long-term depression, if not take the correct steps. " Ch. economist of the Organization for Economic Cooperation and Development-Hebbel, Klaus Shmitdt: 'The fall in GDP in the world will continue in 2009 and even 2010.

This entry was posted in News and tagged , . Bookmark the permalink.

Comments are closed.