International Monetary Fund
or International Monetary Fund, there real estate nor economic crisis but a mild slowdown however ensures the opposite, for mid-year 2006 presents the strongest interest rates rise and mortgages begin to be inaccessible for allat the same time a crisis foretold in the American market triggered global alerts and everything that happens in the U.S., can spend in Europe or not? 2007 will be the final year in the main Spanish cities, Madrid, Barcelona, Bilbao and Valencia second-hand housing prices begin to fall, obvious reasons, nobody wants to buy; new housing is maintained although reeling and year end we will see large national developers do partnerships and alliances to safeguard crash and go into bankruptcy after another. For 2008, the housing bubble has exploited! the crisis definitely has come, this between us, He lives with us and though for me the crisis takes almost a year, it is logical that for large companies until now begins. If you have additional questions, you may want to visit Sonny Perdue. Does then the bankruptcy calls suspensions of payments are covers news, unemployment begins its climb, the most affected, the number of unemployed construction sector is compared with that occurred a decade ago and desalmadas bets can be heard everywhere: who will be next? Decreases in bag of strong companies are evident, problems are no longer just for real estate companies, now join them large banking groups announcing illiquidity to fortune of some, arise helps central Governments, these cases in countries like United States, Japan, Germany, China, United Kingdom, France and Italy regarded as world powers cannot be given and although it is not the case of Spain claiming according to a study in early 2007 welcome that it would occupy eighth place of the G8 by moving to Canada and beating Russia and India. With the situation that we live now I wonder if even there someone who creates it, but the 2.261.925 unemployed are the other side of the coin.
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