When and
how could we get out of the economic crisis that has hit the world in 2008?
The answers
are not discounted, of course, because the period of time that should be
considered for a prediction is short and there is the real possibility that
something happening today is totally unpredictable but the chief economist of the
International Monetary Fund, Olivier Blanchard said that will pass at least 10
years to come out from the crisis. The new world in which it moves the global economy is so
precarious and without guides. Faced with the slowdown in Brazil, Russia,
India, China, with the structural crisis of the Eurozone and the economic challenges
that the United States are facing, the
uncertainty is the only constant.
The idea of
Blanchard is that now there are no more excuses. The Eurozone has not
eliminated the risk, increased starting in 2010, with the first request for
assistance from Greece, a generalized collapse of the euro. After Athens, came
the bailouts of Ireland, Portugal and now Spain. Then, perhaps, will come the Italy's one.
Our study
and research to constantly update the blog that we have created about the
crisis and its possible causes has helped us to give to our readers a general idea of the critical
situation in many European countries, including Italy. We have collected a
series of explanations, events, numbers and video in order to understand what
is happening to the European economy, as well as worldwide. The work that we
have done was very important to increase our knowledge on a topic that concerns
us in terms of our lives and our future.
Although from our analysis results
a very difficult situation we need to find a way out. Unfortunately, the
road is still long and we need a lot of patience to overcome the crisis, this because between all the several measures adopted by each countries, presently none seems to be the
right one to address the situation in the best way.
Our goal hasn't been to provide solutions, but to arouse reflection in our readers about this topic,
sometimes trying to be a bit ironic. As some
economists say it's possible to sort out of the crisis and to return to a climate
of balance. The problem is to understand when it will happen and if ten years,
between 2008 and 2018, are enough. Hopefully so.
Where can we start? A possible idea could be to focus on innovation, the ability to
innovate the organization of work, the way we produce, the technologies and the
materials to be used in a sustainable way.
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