US Finances
But the plan also takes care of that the quality of the hypothecating portfolio does not deteriorate product of the worrisome economic situation. With these condiments, the plan of financial stability puts in conditions to the banking sector so that it reactivates the credit circuit, necessary to recover the economic growth. In this sense, Geithner said: Instead of to catalyze the recovery, the financial system is a brake for the recovery and the recession is putting pressure on the banks. That is a dangerous dynamics that we must change . Although the market has not received from the best way these news, the question to respond is what implicancias can in particular have these two announcements for the American economy and for the global economy generally. After the multiple previous announcements that included multimillionaires packages of economic stimulus and rescues of the financial system, it is necessary to recognize that a certain level of distrust exists about the effectiveness of these measures to remove to the American economy from the recessive situation in which is. Still it will be necessary to hope a little to more know more details on these measures and whereupon timing the same will be implemented. These questions are not smaller in terms of their effectiveness.
The plan of rescue of the financial system is of great relevance to obtain that the same begins to generate the necessary financing for the families and the companies. Perhaps in this sense it is necessary to obtain explicit commitment on the part of the financial organizations so that they support to the American economy generating credit to the recovery of the economy. After all, they are the same great people in charge of this crisis and its salvataje takes place with money of the American contributors. By its magnitude, the plan of economic stimulus can obtain a sensible impact in the American economy giving the necessary push him so that the same begins to recover, although it would take place to a slow rate.
Tags: the news