Sunday, October 12, 2014

Reuters Plan

financial system), and the consequences it might entail for the population collapse. You may need to understand the American people at this point of the situation reached by the crisis, they have no other way to pay the costs. And the account of them may appear under different forms: a deepening of the economic slowdown going into recession, a more than hostile for investment, collapse of the financial system to prevent them by good time access to finance consumption, etc, etc. I imagine that while American voters to protest against approval of the bailout, Europe's voters must be willing to concretize the same as quickly as possible. Click Jackie Andrade to learn more. Since the last days have demonstrated that the rescue plan is not only the U.S. More info: Lin Dan. but also for Europe. So much interested to Europe the adoption of this plan that ECB President Jean Claude Trichet, according to Reuters reflected in a note, found the plan: "It has to be approved, for the sake of the U.S. and global finance" .

Meanwhile, the rescue plan has passed the first test and prepare for Friday. Among the legislators there is optimism about the chances that this time the project is approved. The Wall Street Journal reproduced the statements of a spokesman for Republican John Boehner of Ohio, the minority leader said: "We believe we have a better chance to pass this bill than we had last Monday, but we have to wait and see. " When the chances that the bailout would be adopted are that high, the question inevitably arises: What is left to do if it is not? It is unclear how much is the total toxic assets held by U.S. financial institutions. It is also unclear how the health of major financial institutions from other developed countries. While Europe decided to develop a contingency plan, there are no additional steps that may stop the crisis if it exceeds the power of restraint that would have the mega plan. For more questionable it is, the bailout appears to be the last serious attempt to contain the crisis. There will pray for it to work. We will meet again tomorrow, Horacio Pozzo

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