crisis triggered the downfall of the financial sector

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Research World Trade Organization (WTO) and the IMF, the crisis that triggered the destruction of the financial sector in empirical economic damage the chain. Destruction of this sector to make transactions quickly distracted and spread to all sectors.

Strauss-Kahn ask central banks and governments to avoid the conventional pattern mengguyur money simply to market. Since 2008, a number of developed countries mengguyur money to the market. As Krugman said, disfungsi financial system will not be able to slew of money-money that sector to the economy.

So far, the government has launched a number of fund economic stimulus, injected funds to banks. This continues to be made and actions the U.S. favorite. However, that step did not prevent the economic crisis in more.

EU Penyehatan select banks, which then began to do the U.S.. Along with it, the bank executive in Europe, Asia, and the U.S. met in London, this Tuesday. Their discussion is how to enforce ethical behavior and financial system. Criticism of others attended the meeting of the Finance Minister Alistair Darling that the UK is the bank capital injection.

Krugman says, because the banking turmoil more serious than a decade occurred in 1990s, the time required for a solution will be longer. This is dependent on the extent to which the U.S. government to see that the problem exists on the disfungsi the financial sector. "However, how the president Barack Obama are still the same as the preceding, George W Bush," said Krugman asserted that the focus of the settlement of bankruptcy banking preferred.

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