dinsdag 14 oktober 2008

How to solve the financial crisis?


The U.S. government tries to solve the financial crisis with a direct capital infusion. This is a essential short-term measure to ensure the viability of the banking system. This measure is intended to stimulate interbank lending and the commercial paper markets, whose stagnation pushed the economy into recession. This measure is not intended to take over the free market but to preserve it.

Dries Verhaeghe

Bron: http://www.reuters.com/news

1 opmerking:

EcoEnglish zei

OK (although the topic is not exactly exciting or eye-catching)
no ? needed in title
tries --> is trying
aN essentialLY short-term measure
This measure --> It (no repetition needed)
pushed --> HAS pushed