It's just like an easy riding around the park with you puppy at 8 o clock am when absolutely for almost no reasonyou find yourself fighting for nothing because someone have dumped you, or somebody have told you something untruth.that's so much like what the world have been going through lately since the american standard way of living was pretty much declining now, what started with a buzz, the sparkle seemed do cause a big boom.
And much part of that because, of the american way of living, when you got a population vivid to get their times spending cashes with no controllthis could be the worst scenario for any kind of economist. if we realize that the result could be even nastier that's because we all depend on them, without its "support". Could we barely walk on our feet? (not in the past) but the situation just got better with an eye blink.
For so much long time the level of interest rates in US have really prompted all other economies to fix a wide gap on their budgets to fill in with money (dollars mostly) and be able to act without IMF's presency nearby. Generaly, it just worked out, a lot of other countries who couldn't spend an year without having to get some active action from the organization on its economy.The level of assistancy made by IMF has droped on the last five years, a lot of people believe that the prosperity of US was finally spreading up all over the world.
It's not that wrong after all, if they're buying our products, that means that we have earned some funds. In fact, I believe that the international enviroment of the past 5, 6 years was good enough to fill some pockets of politicians and of some countries as well, as much as India, Brazil or China. In 2007 for the very first time a measure taken by the Chinese government was able to burn some companies of Uncle Sam's country. and it ain't seems that the thing will not easily get over.
The old-school lessons taken by all the countries financed by IMF's have helped most part of developing countries to rail their path, that's because Brazil, India or China will not suffer as much as they were in the past. They got a very well rounded budget to cover any casualties that might appear around. However, we still can not predict the future and it seems that it's not gonna be shinning as a sunny day, good to take your dog out for a walk.
Cordially!
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