The IMF, the Fed and Bernanke, the weakness of European banking and politics drag the world into a new predictable economic and financial collapse: recession.

The economic crisis of which the world believed to start dating for almost a year, seems to last longer than previously thought and predicted wanted by the International Monetary Fund (IMF) and given the reaction of stock markets and world markets at the last measurement U.S. Federal Reserve and the apparent inability of European institutions to curb the growing problem of public debt.

The global crisis began in August 2007 after the mortgage problem subprime and especially after the bankruptcy of Lehman Brothers the next year, and what happens puts the world to an impending new economic stagnation social effects to those produced even larger and equally unpredictable financial consequences that are beginning to reflect, for example, in the impairment a score of European banks in the last year alone.

The IMF forecasts that make the global economy falter:

The IMF introduced a few days, the report Global Economic Prospects, which suggests that the economic downturn will be longer than expected and involve the entire 2012, states that in any advanced country next year will grow more than 2%, with the exception of Japan through their reconstruction programs by the earthquake and tsunami.

The institution’s chief economist, Olivier Blanchard, has been more explicit in stating, was quoted the following:

“Compared with what we thought in April, the economic recovery is now much more uncertain” (…) “In advanced countries, growth was weakening since early this year, but we knew it not see”; what should be added the “Significant increase in fiscal and financial uncertainty in August,” especially in the public debt market and European banks. “If, separately, are processes of concern, together much more”He said.

Bernanke and the Federal Reserve measures unconvincing:

Barack Obama two weeks ago announced an ambitious plan to create jobs with a value of 447,000 million, about 350,000 million euros, which gave a glimpse of the altered momentary calm financial markets around the world. It was expected therefore that the Federal Reserve this week announced similar measures.

The EDF Ben Bernanke front, however, decided to boost U.S. economy by selling a package of 400,000 million dollars in the short term to buy long term bonds for the same amount, while continuing to reinvest the mortgage debt for new debt backed win by loans given to real estate.

Bags and react to global financial market declines:

The IMF and forecasts, plus the highly rated no decision of the Federal Reserve to stimulate the economy of the world’s leading power are now good reasons to stock exchanges around the world have reacted to the downside. From New York to Tokyo to Madrid, Paris, Frankfurt, Amsterdam and London, with losses ranging between 2 and 5%.

Weak policy and European banks:

To make matters worse, the IMF itself has filed another report today Financial Stability, Which is responsible for much of the problem “Sluggish growth, weak balance sheets, weak political decision”. What the Director of Monetary Affairs of the entity, Spanish Jose Vinals, called the triple D responsible for the global economy has returned to “Danger zone”.

It has long been insisting on several fronts in the need for more effective decisions and institutions European policies especially since this is attributed partly to the growing problem of public debt has hindered Greece, Ireland or Portugal, Spain and Italy threaten, and harm to weak European banks whose twenty of his entities have already lost half of its stock market value in just the last year.

And to round off, the IMF predicts a possible financial collapse unless there is an injection of capital in European banks must decrease the effects of the foreseeable default of 300,000 million which is currently on display 44,000.

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