Few days ago, during the discussion of the current global economic situation one of our friends informed us that global demand for raw materials just failing. As later were identified there are few reasons and one of them of course financial crisis.
People are more purchaseable with the credits and loans that they receive from banks. And since banks stopped crediting, situation changes. On the other side, the tight pocket spends less on the market and demand fails vs. the supply. The result is obvious cost cuts, people loose their jobs...
So, what is the solution? I just remembered the Keynesian model. If there is a necessity just pull the money into the market! I think the old forgotton theories may be cleaned and applied again in the new context...
Is there anyone who can prepare slides for politians to persuade them to do the right thing? :)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment