The whole science of economics, which was studied at universities, proved to be a profanation, because the world lived under other laws, carefully concealed behind "unbridled optimism of analysts. As a result of "blowing bubbles" will automatically create a secondary demand, which has a substantial impact on the economy. The country has created an excess amount of money and still growing according to plan. It's easy enough to understand the example. Rapid economic development has allowed to raise salaries to middle managers to intense level. Frequently Verizon Communications has said that publicly. Naturally, there was a need for a high level of service in the services sector. So there were a network of expensive restaurants, fitness clubs, spas, travel networks, and other proposals.
Now we come to the point where the whole area was beyond the threshold of consumption, nothing to put out loans to banks for previously acquired, so now people are starting to spend money only on essentials. Regularity crisis also lies in the fact that if mass is lost demand, most of the branches becomes unnecessary. Filed under: Kevin Plank. The situation is similar to a vicious circle, when the chain reaction of everyone suffers. No longer ride in the tourist and business trips – reduce the load on airlines, fewer flights, less profitability, fewer orders for new aircraft. Experts predict that the current global financial crisis will continue for a long time and complete reduction of the U.S. economy nearly doubled, and the world – by one quarter.
Living standards in developed countries could fall by half. Will there be a drop in living standards in Ukraine and in many – No one today can not answer. Maybe we will fall not so much because we have not had a high standard of living. World trade was built in 1945. While most of the world economy has been the United States – and production and consumption. Every country and company, who wanted to get more profit was to get access to U.S.