History of the Credit Crunch

I was reading the BBC History magazine the other day, and in particular an article on the credit crunch of the 13th century. Yes, we had a credit then! Edward King of Italy had loans to finance the wars and ... Well, it is complicated, but the end result was a credit to England. Then, as today, international finance, politics and intrigue and the disastrous consequences of proportion.

  Then I picked up from the current management and  was very graphically the historical patterns of recSesión and inflation. Fascinating stuff! The article shows how inflation is followed by recession (which seems the most financially were quiet between 1870-1910). The higher the peak of inflation, lower the recession that followed. The graph shows a huge block of inflation in the 1940s to 1990 without a recession matching - so the pattern of previous centuries is broken. We have  line for this fall for a long time?

  Do not you see? That are unknown? Where were all our economic experts, our financial wizards? Well, to make sure that some predicted it - but nobody wanted to believe them.

  We will probably never know exactly the answer to why this happened (although I would love to have a look at the issue of BBC History Magazine 2099 - hindsight is clearer vision).

  No matter how useful ornavarre historical perspective, we live in different times today. We have all the new technologies that did not even exist a decade ago. So what is to come in the next few years? Will that through this battle and leave stronger, or the many years of inflation and the relative wealth be followed by years of recession? Let's see the promised 'outbreak'? Things change a lot faster today. Richard Reeves, author of the article in Management Today  said that "although small in global terms, the inflation outlook in the UK is much more exciting for years."

  He gives a real idea about the UK economy and the price of what may happen, but you queobtener magazine to read the full article, of course.

  The UK is undoubtedly in the midst of great flux. The Government responded in different ways - and to provide support to banks to support loans for qEU small business can continue to access financing. Business Secretary Lord Mandelson said that the goal of "real needs of business." What are the needs of real companies? Other than wave a magic wand and creating a stable global economy, are real challenges for the government (who is in power) in many areas including training and development.

  Improving the skills of trabajadores of the United Kingdom has long been an identified need for business - our knowledge base in the UK has been poor compared with other European countries (see Leitch Report 2006). And the powers are still a problem - the Guardian David Gow reports impending skills crisis in Europe ", suggesting that government efforts in the funding of training (like the train to gain) are more important than nevercadiz tsu in time of economic crisis. Continue to invest in our greatest resource, our people must remain a priority in these difficult times. There is a future! Not to plan, and plan to fail