Tuesday, April 7, 2009

REALITY ~ Credit Crisis Visualized

R.E. bubble/bust can't be fixed in a couple of years or pumping up financial markets. The world economy was bubbled up for decades and the big American consumers over spent for decades. The problems which we are facing can't be fixed in a couple of years or with liquidity pump.

American spending habit supported the world financial growth during the last decades, but now, the many American consumers are facing the detrimental exhaustion of their wealth turned into massive debt.

Spending trillions of debt money into system without genuine production and job growth, it is just suger-coated medication which will not cure the economic crisis which we are facing. It is not surprising that we are facing economic crisis, but in fact, the crisis was expected. What else can you expect after consuming decades and overspending.

American hunger may bring genuine growth in the future?

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Since the video made, G20 is pumping financial markets; however, the fundamental economic cycles have to go through. Just pumping up financial markets with more liquidity will only go so far.


UK on the verge of Bankruptcy February 21, 2009

http://www.youtube.com/watch?v=xcXZ7CORvlU

REALITY ~ Credit Crisis Visualized

http://www.youtube.com/watch?v=RvrU_cQDwRw

http://www.youtube.com/watch?v=38BmwOSmzsc

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