It is a bloodbath and we are very wrong because world markets don’t react to measures arranged by the monetary authorities and political, said Hiten Agarwal of Angel Broking in Mumbai. The crisis explained by an English banker since the beginning of 2008, the major us, European and Japanese exchanges have lost almost half of its value. The exasperating is that the banks are ignoring massive injections of liquidity by central banks. The interbank market is practically paralyzed, liquidity. still lacking you what can halt this decline in the markets then, seen that the casualties of joint rates of countries, injections of liquidity, bailout packages, the nationalizations are not generating the anticipated effect? The G7 leaders met yesterday with Paulson and Bernanke in Washington, to assess new measures that will help you to unzip the adverse effect that this decline in the markets is causing.
Same Germany, quite contrary and hoisting the flag of capitalism and the free market, refused to accept a global bailout of banks. It is now opening the door to concerted action in Europe. Times are shortened. And the threats of a strong and direct contagion on the real economy are beginning to take dangerous form. The credit crisis continues to affect now automotive and real estate sectors in Europe, which is generating destruction of jobs, as well as in the United States. According to European analysts, paralysis of the interbank market may also cause bankruptcy of enterprises in chain.
But if there is something that rescue from this stock market decline, it is its generalization. There are no sectors that have fallen and others not, as it could have happened in previous post-burbujas. The casualties are uniforms. is fortunate that may have blown everyone equally? No, rather that there now opportunities for everyone equally in the market. Multiform crisis, called the French Le Monde. Affects a large number of actors and nearly all assets: shares, bonds of companies, credit derivatives, commodities and how heard him an analyst this week of the French magazine L expansion in its online edition: this crisis is like an Impressionist picture: If one approaches you too are more than images without coherence, and if you move a little, the landscape can be appreciated in its full dimension.