: 
Macroeconomics Generally : the basics of economic analysis and creative macroeconomics by Jason Catron
English | 2021 | ISBN: N/A | ASIN: B09DHLKYW9 | 305 pages | EPUB | 0.71 Mb
In July 2011, the Hong Kong branch of China Development Bank held an internal seminar on the situation of the financial tsunami and invited three experts to attend. As a scholar and two financial professionals, I gave separate reports. I made three points: First, the United States will be revived for ten years; second, the European Union will linger for ten years; third, China needs ten years of stability.
Let's talk about the United States first. The impact of the financial tsunami on the United States goes without saying. Many observers predict that the United States will never recover. So, why do I say that the United States will be reinvigorated for ten years? Why do I have so much confidence in the United States? Judging from the situation in July 2011, the recovery of the US economy is very lacking in strength. What I am looking at here is the general trend, focusing on more long-term factors. I give three reasons: First, the United States is still rich in human capital and natural resources, and these two advantages have not been lost due to the financial tsunami; second, the United States is still the birthplace of technological progress; third, I am still optimistic. The advantages of the US system, here I am referring to the accountability system and media supervision. Both of these allow the United States to quickly correct deviations rather than shirk responsibility. We have seen that during the crisis, the senior government of officials, Henry Paulson, Secretary of the Treasury, and Bernanke, Chairman of the Federal Reserve System (hereinafter referred to as the Federal Reserve), all need to face questions from Congress, and the questions are open to the media. of. Corporate executives, such as the CEOs (CEOs) of the Big Three in the automobile industry, have to undergo cross-examination and ridicule by the congressional special committees when they ask for help from Congress, which is also open to the media.
Of course, I also mentioned that the ten-year revival must first start with the reorganization. The 2011 debate between the US Congress and the White House over the national debt ceiling actually re lects the willingness to reorganize. At the same time, the consumption habits of American citizens are also being reorganized. Everyone has gone from the old way of eating money to gradually deleveraging. All these show that the United States is actually correcting errors, rather than blindly avoiding the pain of correction.
Buy Premium From My Links To Get Resumable Support,Max Speed & Support Me
https://hot4share.com/b0h901cow12n/14jb5.Macroeconomics.Generally..the.basics.of.economic.analysis.and.creative.macroeconomics.rar.html
https://rapidgator.net/file/44bf409eb24c079553cb0ffb7265204c/14jb5.Macroeconomics.Generally..the.basics.of.economic.analysis.and.creative.macroeconomics.rar.html
https://uploadgig.com/file/download/c5f0f241646BF54d/14jb5.Macroeconomics.Generally..the.basics.of.economic.analysis.and.creative.macroeconomics.rar
++++++++++++++++++++++++++
https://ddownload.com/dj6stbwgcepf/14jb5.Macroeconomics.Generally..the.basics.of.economic.analysis.and.creative.macroeconomics.rar