The greater is the goal of the dollar
The greater is the goal of the dollar. America too much debt, the dollar is had to take the rogue means. Although the dollar is mainly directed against the international economic environment, however, the dollar had turned over a head to trigger a greater exposure to subprime loans. For example, the dollar caused the oil price, americans daily consumption higher costs, this raised for subprime lenders speaking, greater pressure. Again, for example, in the dollar on the premise, the United States urged the renminbi, Ugg boots clearance for ordinary americans, also harm outweigh the good: no longer cheap consumer goods made in China, American daily living expenses increased, increasing the risk of subprime loans. The United States to foreign transfer profits lower manufacturing, resulting in a serious consequences: the average American employment security difficulties, the unemployment rate increases, plus the weakening dollar Ugg outlet price, the common people life pressure increasing. Once a person to pay the principal and interest of loans borrow money headwaters, reduce water, subprime financial market will encounter from internal greatest threat. Little bush governments adopt method is to drawback, let the United States people share in the international market the loot. However, drawback amount is not very high. Yesterday $700 billion rescue plan passed, which again contains more than 1,400 billion of drawback schemes. However, in no expanding employment condition, drawback only solution a moment’s thirst. America is a country, consumer first overall, American people belong to zero savings. Ugg Gloves Large-scale drawback average to everyone, for mortgage slave speaking, also only one or two months for the month. Moreover, low cost loans, resulting in a large number of nothing down. In house prices, nothing down house outages, to borrow money people less loss, previous month is offerred, should be rent. Thus, drawback will stop for overall income relative degradation caused by default, UGG Earmuffs subprime financial chain appear rupture the gaps. While American financial capital overall reduce income insufficient to digest the subprime defaults losses, two double-team, resulting in the subprime crisis. A single spark burning to seriously flawed financial system, the default expanded to car loan, credit card, the crowd scope is beyond subprime lenders, appear universality of credit default, The U.S. financial closely related with the world, extending to the whole world, cause global financial turmoil.www.uggsaleaustralia.com
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