G20: The second Economy crisis is coming
December 24, 2010 | In: Finance
G20 meeting held at Busa,South Korean in 4th Jun to evaluate the global economic situation and think about economic balance and Sustainable Development.Influenced by debt crisis of Euro area, The officials of G20 group think the second economics crisis is coming.
“First of all, I think Greece (debt crisis) has not yet ended. We are not out of the forest,” said by Youssef Boutros – Ghali, Egyptian Minister of Finance and Insurance .”Secondly, I think it (the Greek) does not easily get rid of crisis.”
money’s Views
I have presented my views about the second economy before.There is no doubt that the second economy is sure to come soon.Stimulus policy should be quit quickly instead of maintaining it.
As we know, The A stock is 2500 now,which has droped more than 700 points in the past 30 days.I think there will be a disaster in the future for A stocks.Because The europe Crisis has influenced the whole world confidence.Besides Stock Index Futures was come out
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