it will be the main thrust of global economic
Save city policy should do someting to make financial risks can only ease and cannot resolve, it will be the main thrust of global economic recession. The U.S. subprime mortgage crisis is the main interest rate increase, the economic slowdown and demand slump in house prices, although caused when the peak in 2006 compared to the average property prices have dropped 22.5%, but the American house prices trend hasn’t any signs of change. If, as Mbt shoes predicted by international credit rating agency fitch that American house prices fell by 10 percent, then again us subprime mortgage products also will have a new problem, the deepening crisis there may be. In such expectations, global investors and consumers generally pessimistic attitude, the world economy is probably in crisis mire deeper, until severe deflation and even major recession. Therefore, the wheel of the crisis is far from the worst moment arrived, the whole world must have more bad situation to the expectations and preparation.
Negative wealth effect of consumer demand appeared will cause more severe atrophy, and it will also direct causes great damage to the real economy. The outbreak of the global financial crisis caused by global stock markets plunged the destruction of wealth directly became the process, and the wealth destruction and the expected future becomes bad dual pressures can lead to cheap mbt shoes negative wealth effect of large-scale, this can cause diffusion of social needs further atrophy, not only the United States and Europe’s real estate market prices will fall further, other industry and industry will be a more malaise. That is to say, in such a major crisis in front, whether industrial capital or financial capital will be faced with more embarrassing for the more difficult situation.