today has been growing

The European Commission announced on 23rd issue common eurozone bonds "stable bonds" of the three options, hit by another heated debate. This year, from the US debt ceiling to European debt crisis, Government credit problems spread across the world, stood a severe test. Industry experts believe that, you might want to first quarter of next year, or even years, European debt crisis will be resolved. At that time, both the EuropeanInternally, or global economic landscape, will enter a post-crisis era. The credit crisis "in-line" world in 2011, the "credit crisis" seems to be "in-line" a keyword in the global economy. Credit crisis took the arrows bow, arrow is not out of the scabbard that lead to a panic. On August 5, the poor's announced the United States level AAA sovereign credit ratingLower level to AA+, and maintain rating Outlook to "negative". As a superpower, its sovereign credit rating downgrade, undoubtedly means many economies and the revaluation of credit rating market players are likely to face risks, which in turn triggered a global financial market turbulence. From the 2008 financial crisis, United States including the Government's credit, the Bank of credit and monetary credit, And the subject credit markets are generally shake. As for the credit rating downgrade, former Federal Reserve Chairman Alan Greenspan said: "this is not a credit rating issues. United States to pay all debts because it can always be printed banknotes, the chance of a default of zero. "The US credit crisis debt hardly have one wave subsided when another rise, another Europe's debt crisis. Beginning at the end of 2009, GreeceThe debt crisis, today has been growing, and gradually from Greece, and Ireland and other small countries to Spain, and Italy in the large countries, such as the spread, chain reaction of bank financial situation deteriorated, and the balance sheet will be France, and Germany and the United Kingdom and other developed economies pushed to the forefront of the European debt crisis. "Massive public debt may still bring a range of issues. "Social science in ChinaAn Guojun pointed out that financial researcher, including huge debt servicing cost, lack of market confidence and negative impact on the currency, and so on. At the same time, large fiscal deficits will lead to currency devaluation and inflation expansion, which in the pound sterling, the currency has been fully verified. Year, although the debt problems of local governments in China have also begun to attract attention, but the debt with the United States, European credit ratingCrisis is down the tubes. Published by the Audit Commission $ 10.7 trillion debt scale of local government, let has been blurred by the local government debt have a clearer profile. However, for representatives of local finance platforms of Yunnan highway in warning local government debt risk debt solvency worries. Countermeasures to be taken: "eat the food stored up for the next year" effective forAs soon as possible from the "get into real trouble," out of the debt crisis, the United States, European countries have introduced a series of measures. United States as early as the beginning of August through to raise debt ceiling and the deficit reduction Act, in order to avoid breach of the Government. Bill include improving United States debt ceiling of at least $ 2.1 trillion, and cut the deficit in ten years more than $ 2.1 trillion. It is clear thatGiven the United States and the global economy is still in a difficult phase of recovery, improving United States debt ceiling is a less damaging, and relatively effective measures. However, this "eat next year ' s food" approach star wars the old republic power leveling, will not be able to last long. Vice President of Fudan University, school of Economics, Professor of finance at Sun Lijian, said: "the key is to look at United States economy can quickly find a new growth point, byOwn world leader status and market viability to ease international financial capital to the United States Government credit shake problems. "In Europe, with the September Greece debt to usher in peak year expires, the European Union, the European Central Bank, as well as Germany and France began arguing what relief. In two months ' time, investor concerns increasing, growing suspicion of the euro,At the same time because of the large area affected European banks in crisis, "second crisis" expected became popular. Indeed swtor power leveling, euro-zone countries to address the European debt crisis, has indeed been bargaining and even pull on the outside of the International Monetary Fund (IMF) and the BRIC countries, China. However, the lack of "holding warmth" the spirit of the euro-zone countries, it is difficult toForming a balance of interests of effective programmes. Even just made of euro bonds "stable bond" have immediately been Germany and Finland's opposition. Shanghai Academy of social sciences, Institute of world economics Deputy Director Xu mingqi believes that, in relation to Europe's debt crisis, as the EU's system is the most fundamental is missing, that European Central banks due to system design cannot playPlay the role of lender of last resort, which makes European governments budget deficit to be far less than as a sovereign State of the United States and Japan, but its system defects of European debt crisis could give speculators with great hype in the market space. Relative to the, "quagmire" European debt crisis, the process of China's local government debt is relatively easy. The Chinese Government is also exploring a moreFor healthy financial management. In November, Shanghai, Guangdong, Zhejiang and Shenzhen four provinces on its own bonds, opened the prelude to the Chinese local governments issue bonds on their own. This financing platform like a beam of light into the local "black box" of the Sun, local governments issue bonds for their own expenditure transparency opened the "front door", strong measures to control debt risk. After the stormRemodeling experts believe that judging from the global perspective, the world is going through a crisis of public debt. This may be the second phase of the financial crisis, and a long-term trend. But even if the risk has deteriorated, forcing the Government to take further room for improvement still exists. An Guojun said: "from the Latin American debt crisis of the last century 80 's, 90 's Southeast Asia goldFinancial crisis until the American debt crisis, European debt crisis that fully justifies the reasonable scale of government debt and risk management strategy, for promoting the financial market and exchange rate stability and rapid economic recovery is critical. "The view was expressed that, in essence, solutions to public and private debt can be summed up in four options, namely default bankruptcy, issued with a new complement of old, sell assets (land, privatization), Inflation (currency). At present, various attempts have been largely removed or openly or secretly is fully under way. In any case, 2012 will eventually become the crisis must cross the threshold. Macro-Vice President of the Institute of national development and Reform Commission Chen Dongqi said the European debt crisis must be solved, but the bargaining process will be longer, you may want to first quarter of next year,In even years. Ultimately, whether within Europe or the global economic landscape, will enter a post-crisis era. (Reported by reporter Yang Yiren Shen Ermo) Gold-line statement: Gold-line reproduced above, does not indicate that confirm the description for investor use only and does not constitute investment advice. Investors a basis for action, at your own risk.