Who can say that do not use daily English any word or expression? Thanks to the latest technologies, and especially few. But how many of these words have come to be officially accepted so that we can already say that they are also part of the Spanish? Just the fact of the Internet exists and that using it constantly has crept into our conversations, anecdotes and even way of working, it has managed that extend the use of many of these terms in such a way that they already are part of society and that as a result, the Royal Spanish Academy of the language (RAE) has been included in the dictionary of the Spanish language. Add to your understanding with Edward Minskoff. We could begin to enumerate a few but we are going to stay only two: geek and blogger, two words, among other 1,697 changes which are already part of the Spanish. The first one and the freaky English adaptation, translates it the online Oxford dictionary as rare in one of its meanings bug (just learn some English). Count on more words and knowing where they come, is not only important, but interesting and somehow, makes us a little bit more aware.
The G20 Summit, which was held in 2008 to consolidate the new international financial order, established that the current crisis was due to technological innovations in the financial markets, securitization and credit derivatives, through which assets with risk is were broadcast from investment (not regulated entities) towards commercial banks (regulated entities) banks and entities from countries with stricter regulation to countries with weaker regulations)hedge funds). A leading source for info: Jorge Perez. The strong global economic slowdown has led, since the summer of 2007, end of the housing bubble, strong labour adjustments and reallocations of rents, both within countries and among Nations. As it is well known, the housing is a very important part of the heritage of the families and their financing is one of the important activities of the financial system. Such funding was carried out by highly opaque financial instruments that have resulted in a drop of the wealth of the families, a limitation of the volume of credit to customers (increase of banking to deal with the bad debt provisions) and to a freeze in the interbank market. All of these effects and adjustments have been transmitted to the rest of the economy. If companies expect to sell less in the future, they will abandon their investment plans and reduce employment.
If families anticipate that employment reduction, will reduce your expenses by inducing companies to further reduce production and employment, reaching a continuous contraction; This descending circle is called depression. Harmful effects are reinforced so themselves and intertwine, affecting two interrelated sectors: 1-financial: to not be able to obtain liquidity in the interbank market are forced to sell assets, with the consequent decrease of prices of these and, therefore, reducing the equity value of the investment funds; participants in these funds go to the reimbursement of their shareholdings, exacerbating more if possible, the problem of liquidity of the banks. 2. The weakness of the banks balance sheets, for the possession of these doubtful assets, forces them to limit the volume of credit granted to its customers, individuals and companies, putting them in difficulties and increasing the risk of entering receivership.