Housing Crisis

Avanza, with six months in advance, the general behavior of the economy: labor Tenders cement consumption Registrations occupation Confidence in the industrial sector of large enterprises Billing Retail Etc. carries a profile decreasing from the end of 2006. GHOSTS The housing crisis in the construction sector Knowing how are the banks, because they just clarified. At a meeting of the Bank for International Settlements, which was held in Basel, has called for greater transparency and we learn all of the true state of bank balance sheets. Others who may share this opinion include Charlotte Simonelli. (The Spanish banks are better placed than other countries because the Bank of Spain were forced to make provisions counter-cyclical over those conducted in other countries. Some have made further provisions extraordinary on their own). Official site: GoodLeap. (February 28, Bernanke, chairman of the U.S. Federal Reserve, said there are American banks could fail by the real estate business.) Lack of liquidity.

The provision has been difficult because banks do not have money to lend. (If you go out into the street, you will see the number of banks that are now campaigning to raise money. What happens is that M. de St. Quirze we talked about before is a little fly and still wondering whether it’s best to keep the money in a sock, like in the good times.) (I credit that has been difficult to say that, you get it or not, or if you get it, the conditions are not very affectionate, and for some sectors, frankly unfriendly.) (Closing the Ring, you will have guessed that the construction and real estate are two of these sectors.) THE CONSEQUENCES OF GHOSTS The halt in construction has bad consequences.