My view on world economic crisis;
The world has become a global village. This is not new, but it is certainly interesting to see the latest consequences of globalization.
No economy is not independent. Economy, even the most influential countries ( countries G 7 Group: USA, Canada, Germany, Great Britain, Japan and Italy) depend on the global trends, changes and fluctuations in money markets and commodities that give money value (oil and gold). Most protected in all countries of the global economic turmoil as the country called. BRIC (Brazil, Russia, India and China), primarily due to its autonomous sustainability.
The crisis that the current largest of the thirties of the twentieth century, began with collapse in U.S. mortgage loans (U.S. mortgage collapse) in August 2007. as a result of mismatch of supply and demand.
How am I to understand: the difference in the product and consumer price of goods and services is a profit, as more and cheaper products to the higher profits, "third countries" have made production more profitable than ever in history; profits reach the bank as a financial capital companies (producers); bank that capital (money) "return" to the citizens, economy and the state through loans and credits. And so on. In this round of "weak link" was that the profits and production was much higher than the needs of citizens and businesses for cash that is accumulated by the banks. This is a cache, so, lost value.
Or we can say, that after the money offered under unrealistically favorable conditions (invetsiranje because money gives the greatest profit, not at its static "posture" in bank accounts). Americans at the same time with increased production decreased consumption, primarily because the primary force of their economies in the military industry (that is to say after the seventies slightly withered), compensated the ultimate value of the dollar as the currency in world commodity-monetary exchange. Thus, the military industry with low production (one hand) and oil and steel that is bought and sold (no more and only in U.S. dollars) in euros since 1992. (He did the first Saddam Hussein, himself just created an unfortunate enemy - the United States) directly reduced the real purchasing power of average Americans. But he still remains borrowed ...
For this his own court, I found the logic in the most recent (October) Report of the IMF, which resembles the fundamental (matrix) the error of global capitalism (globalism): a potential imbalance of production and consumption. This is exactly what happened.
Production (and profit from it) does not make sense without the market. The market really can not afford the products and services (the ratio of real and financial economy $ 1: $ 50). The value of money at stake, and values in general.
This problem of dealing with today and yesterday the best person: IMF, World Bank and IMF members (some 185). Today's proposed action plan adopted by the G 7th World economists know what they do, no doubt. And one and all agree on how to solve this problem.
Since the problem of global character, the only solution is a global solution, a comprehensive and general, which will then be applied to individual micro (state) level. I really believe them. Finally, the interests of very powerful groups and individuals concerned, and I am certain that put all the knowledge and experience to conceptualize a solution.