Three stages to get out the crisis
The year 2009 is the pivotal year to counter the international financial crisis. In order to contain the crisis and get out the plight, tackling the problem and immediating he long and short are very important. At present, the most urgent thing is to settle down the 2 trillion dollars financial bad debt of America. For the next period, the most important task is to prevent the financial crisis into economic crisis. Then for a long period, establishment of a new world monetary system is essencial. To get out of the crisis requires co-ordination in three stages:
First, the current measures is three strategies bailout: equity restructuring, cut peel, and injection of funds to address liquidity.
Second, the medium-term objectives: the revitalization of the real economy. How to halt the decline in the real economy is the world’s attention and focus problems. The solution is to increase investment, stimulate consumption and increase exports.
Third, the long-term point: reconstruction of the international monetary systerm. Reconstruction of new international economic in order to adapt to the monetary system is the inevitable trend.
