E ' news of the day that according to the Federal Reserve chairman, Ben Bernanke, the worst is over, the crisis is over and we already expect a limited economic growth in the near future.
"The global economy appears on the road to recovery after having avoided the worst, but the rebound is likely to be slow and many risks remain."
The diagnosis of the Federal Reserve chairman, Ben Bernanke, that "after having contracted greatly in the last year, activity economy appears to have stabilized in both the U.S. and abroad, and the prospects for a return to growth in the short term appear to be good. "
Speaking at the ongoing summit of central bankers in Jackson Hole, Wyoming, Bernanke also said that "although it was avoided the worst we still face difficult challenges." In particular, a number of Fed noted that "the recovery will probably be slow at first, and unemployment will fall only gradually from the high current levels."
But in the years that preceded the economic crisis, Bernanke, like most economists, he continued to deny the existence of a bubble immobiliare e non aveva previsto la crisi che stava arrivando. Altri, come Peter Schiff e tutti gli economisti che seguono la Scuola Austriaca di Economia avevano invece continuato a lanciare allarmi riguardo la bolla immobiliare e le sue ripercussioni sul mercato del credito e sull'economia reale.
"The global economy appears on the road to recovery after having avoided the worst, but the rebound is likely to be slow and many risks remain."
The diagnosis of the Federal Reserve chairman, Ben Bernanke, that "after having contracted greatly in the last year, activity economy appears to have stabilized in both the U.S. and abroad, and the prospects for a return to growth in the short term appear to be good. "
Speaking at the ongoing summit of central bankers in Jackson Hole, Wyoming, Bernanke also said that "although it was avoided the worst we still face difficult challenges." In particular, a number of Fed noted that "the recovery will probably be slow at first, and unemployment will fall only gradually from the high current levels."
But in the years that preceded the economic crisis, Bernanke, like most economists, he continued to deny the existence of a bubble immobiliare e non aveva previsto la crisi che stava arrivando. Altri, come Peter Schiff e tutti gli economisti che seguono la Scuola Austriaca di Economia avevano invece continuato a lanciare allarmi riguardo la bolla immobiliare e le sue ripercussioni sul mercato del credito e sull'economia reale.
Chi aveva ragione allora? E chi torto? Ed oggi dovremmo dare ascolto a Bernanke oppure a P eter Schiff ?
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