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The similarities to the 30's shows the depth of the crisis can be

for 300 billion is available to support businesses affected by the coronakrisen, announced by minister for finance Magdalena Andersson (S) in the morning. This

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The similarities to the 30's shows the depth of the crisis can be

for 300 billion is available to support businesses affected by the coronakrisen, announced by minister for finance Magdalena Andersson (S) in the morning. This year's scope was a 25% increase. It speaks volumes about the extent of the resources that are made available in order to respond to the impact of the economic dimension.

even so, were reassured the markets are not. While the finance minister spoke, plummeted the stockholm stock exchange, with a 9 per cent).

to take any further action. When the crisis is passed, must stimulate demand. However, it was not the minister of finance, was of the stuff of which the Stockholm stock exchange dropped like a stone.

That's what they did in Berlin, Paris, and London, as well. In New York, where trading started on Wall Street.

despite the fact that the u.s. federal reserve on Sunday lowered the discount rate for the second time in a couple of weeks. The central bank also announced that it will inject 700 billion dollars into the bond markets.

Börsfallen occurred despite the fact that the government in Berlin, which is in charge of Europe's biggest economy, picked up his financial bazooka, so as to use the finance minister, Olaf Scholtz words. The germans were hit over the weekend that there is a limit to how much they can spend in order to save their business away from the crisis.

the Reason is that the markets refuse to calm down, is that in each of the countries now act according to the principle of ”save himself who can,”.

it has become customary to make comparisons with the 1930s, however, the question is whether there has ever been more relevant than it is now.

on Wall Street, that crashed in the autumn of 1929. The following spring, the U.S. Hawly–Smoot rates of duty. They have their own companies, farmers and workers might be saved. High trade barriers are erected quickly, as other countries were doing the same thing. The global economy is kortslöts. The world was swept back into the great depression.

When the financial crisis hit in 2008, vowed to act, not to repeat past mistakes. The trade was held open. The g-7 countries, led by the united states, the asia-pacific major stimulus package.

rather than a country-by-country closed its borders.

the Exports of the medical devices and equipment is impaired. In a globalized world with integrated supply chains, there is a danger of electric shock. Some countries do not have their own production of hand disinfectant, and ventilation equipment. The other might be put together in the final product, but the import of the components. Break the trade up, as all, with nothing in his hands.

When the world is showing that they are working together to address the coronakrisen the markets will calm down.

at the same time, reports the Financial Times that the president of the united states, Donald Trump, on its own initiative should have been trying to buy a German pharmaceutical company, to move their research from across the Atlantic, with the aim of producing a vaccine for the american market.

It's hard to imagine a clearer demonstration of the destructive, as is now the case.

the behaviour of the world is to avoid an economic crisis, which threatens to tear the deal as well, globalisation is the european union.

The central banks know it. That is why they are acting so aggressively in order to increase the liquidity in the system. The us Fed's effort on Sunday was co-ordinated also with their counterparts in the Uk and Canada. However, after a decade of lågräntepolitik their weapons are blunt.

The German fiscal bazookan is a welcome addition to the arsenal. In a week, is expected to the united states house of representatives will finally stick through a financial nödpaket. However, politicians also need to act in unison. The need for a joint letter from the EUROPEAN union's heads of government, and they are all going to push for the necessary resources in order to respond to the infection, and then strain on the economy, as well as the g-7 leaders.

recognizing that we are not faced with ”a non-resident viruses, as the president of the united states " there, but for a common cause. There is a need for common commitment to enhance the production of medical equipment and supplies, and to sustain an international market for them. And there's a lot of common efforts to develop a vaccine against the virus.

When the world is showing that they are working together to address the coronakrisen the markets will calm down. First, they have a reason to do so.

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