Jacques Antoine Bretteil

Something that has been well clear of everything that has happened is that the us.UU. only I could not solve this crisis, as many countries pretended. And although many tried to the United States.UU. as the country responsible for the crisis, it has several of the countries affected as actors involved. Another issue that has become clear in recent days is that with these measures was definitively decreed the death of economic orthodoxy in developed countries and in international bodies, to situations serious crisis. Probably now yes, they understand the economies in development, by its decisions in past crisis situations.

What can happen here in more? Beyond of the euphoria of yesterday, for some analysts and operators, problems were still not completed in the system international finance. In a note made by Bloomberg, Jacques Antoine Bretteil, Paris International Capital Management Portfolio Manager did not trust him and said: we have avoided the worst, but this does not mean that the problems are over. It is function of the foregoing, that the upcoming Conference will serve to clear the scene a little more in the international financial system as to be able to understand if really the worst thing has already happened and potential problems in the financial systems remain limited as well to be able to think about the economic recovery. If this is so, probably need to work on measures that serve to underpin economic growth as it is restore the generation of credit to the private sector. In this sense, since the IMF was encouraged to implement a plan for reactivation by Governments. In a note published by Reuters, the managing director of the Fund money International (IMF) Dominique Strauss-Kahn said in this regard: we have to use all the instruments of the modern macroeconomic policy to limit the damage on the real economy. Surely the multiple announced measures to contain the crisis will now have Yes a positive effect on the international financial system, given the broad support for the measures mandated by Governments, although probably cannot be prevented arising out new episodes of entities with problems. With the international financial system from total collapse, Governments must begin to work to achieve the recovery of their economies, and it will be if economic orthodoxy will be relegated by the urgency of the case.

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