American Banks

Synthetic indicator of Activity. It advances, 6 general behavior, ahead months of the economy: Work licitations cement Consumption Matriculations labor Occupation Confidence within the industrial sector Invoicing of great companies Sales retail etc. Takes a descendent profile from the 2006 closing. GHOSTS the real estate crisis the sector of the construction To know how they are the Banks, because they do not finish clarifying itself. In a meeting of the Bank of International Payments, that has been celebrated in Basel, a greater transparency has been requested and than we find out all the true situation of the Balance of the Banks. (The Spanish Banks are in better position than those of other countries, because the Bank of Spain forced to them to make provisions anti-cyclic over which they are realised in others countries. Some have done, in addition, extraordinary provisions by their account).

(The 28 of February, Bernanke, President of the Federal Reserve of the USA, said that there are American Banks that could break by the real estate business.) The lack of liquidity. The credit has been put difficult because the Banks do not have money to render. (If you go out, you see the amount of banking campaigns that there are now to catch money. What happens is that the gentleman of San Quirze del that we spoke before is a little fly and continues doubting if the best thing is to keep the money in a sock, like in the good times.) (The one of which the credit has been put difficult means that, or they do not give it to you, or, if they give it to you, the conditions are not very affectionate, and, for some sectors, frankly unpleasant.) (Closing the circle, you will have guessed that the construction and the real estate sector are two of these sectors.) to the CONSEQUENCES OF the GHOSTS parn of the construction has bad consequences.