dinsdag 14 oktober 2008

Is it just the beginning of a extensive crisis?


The bank bailout should save British banks, but what if a bank rescue doesn’t solve the large economy issue, which is already lasting for a long time now; not only the specialists in finance are worried, but also the man on the street is aware of the money trouble.
It has become much more difficult to obtain a loan, as well as for a company, as for an ordinary citizen and furthermore customers try to postpone their debt servicing as long as possible, however that trick has a bad influence on the rest of the process.
If we may believe the new primary bear market signal from Dow Theory, that started in 2000, we will have to prepare for a much bigger problem than this, which is also indicated by the return to the natural yield gap as equity yields go higher and gilt yields go lower.
That is why there have been a few manifestations and actions, such as strikes against purchasing power,... because people are getting afraid of what the future will bring and they want the whole world to be ready to handle the future troubles.

www.moneyweek.com

Kirkee De Clercq

1 opmerking:

EcoEnglish zei

The bank bailout should save British banks, but what if a bank rescue doesn’t solve the large economy issue, which is already lasting for a long time now; not only the specialists in finance are worried, but also the man on the street is aware of the money trouble.
It has become much more difficult to obtain a loan, as well as for a company, as for an ordinary citizen and furthermore customers try to postpone their debt servicing as long as possible, however [use 'although' here] that trick has a bad influence on the rest of the process.
If we may [can] believe the new primary bear market signal from Dow Theory, that started in 2000, we will have to prepare for a much bigger problem than this, which is also indicated by the return to the natural yield gap as equity yields go higher and gilt yields go lower.
That is why there have been a few manifestations [protests] and actions, such as strikes against purchasing power [strikes for more pp],... because people are getting afraid of what the future will bring and they want the whole world to be ready to handle the future troubles.

Try to also use shorter sentences to create a better balance. Good use of vocab.

olaf