Tuesday, November 18, 2008

Financial crisis threatens America union Economy Zionis

Governor state bank Zionis Prof.. Stainly Faiser, reminding the country that the colonists zionis financial crisis experienced by the United States can result in weakness and disintegration of the economy zionis, and will lead to retrogression in the development level and destroy the financial system and stock exchanges in the year 2008.

Faiser appear pessimistic in a decision delivered yesterday about economic conditions zionis in the year 2007, and send them to government and financial team in the Knesset, and the decision saying it will happen a drastic decrease in the growth of the economy zionis in the year 2008, and will survive in the number 3 , 2% on the previous year of 5.5% in the numbers.

Faiser also reminded that the government zionis deviations from the goals set will cause the economy to wallop the telak; are the increase of interest rates, weakening the trust of the international economy zionis. Faiser and submit the decision of the State bank zionis on "Direction of Development and economic growth" to the president Simon Perez in the day yesterday.

Mentioned in the bank's decision is that the year 2007 is the year that is good for the economy zionis, but "the financial crisis the world has not ended, and there is concern that there are very significant influence on the economy during these years, either directly to the system of money circulation in the world or in the form of not directly through the weakening world economy. "

And in the decisions Faiser considers that "the crisis experienced by the United States in mid 2007 to provide zionis impact on the economy this year, although in a limited form, but will continue in the year 2008, that is, shifting the money market in the country, especially the prices of shares Stock Exchange, together with the seriousness of the crisis the world appeared to signs of weakness penomenal economic growth in the United States and Europe, and even result in lower world trade, all that will lead to weak economic growth zionis in the year 2008.

Governor of Bank Negara colonists zionis shows kelegaannya of decreasing the level of debt this year on production in the country zionis countries, as a result of the intervention balance sheet and business meminalisir weaknesses, which explains all the increase in interest rates are still high compared to developed countries.

Faiser provide advice to the government zionis to always maintain stability and maintain stability in currency rates, as a form of "special challenges in the event of the weakness of the world." And he said that the government may zionis realize this goal without increasing the financial balance sheet and the weakness of the world possible, but it should be noted that there is a heavy economic burden for zionis especially in the face of external shocks to the economy and the big world, especially the United States.

He also continued to emphasize the attention of the travel is down in the economy zionis, in order to prevent the negative effect of weakening the economy and goncangnya the zionis.

He stated the decision imperialist countries zionis obligation to refine the foundation of the improvement in teaching institutions and social (NGOs) and public, and the fight against poverty and to limit the use of the money is very big, and he also stated that the economic weakness and decline zionis will not stop, as appears at this time, which in general will occur in 2008 and continues to this next year is 2009.

Mentioned that the provisions of the state bank zionis signed on two months ago, to achieve economic improvement is not more than 4%, but now only able to reach 3.2%, and some experts in the State zionis sure that economic growth this year will not exceed 2% only.

And growth rates announced by the bank zionis in the previous 5 years is considered a setback on the side of life and increase export and the level of unemployment, and the bank does not feel able to meet all amounting to around half a billion dollars, although on the other hand, the colonizer countries enjoy zionis These excess funds sepenjang last 5 years.

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