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IISIA Monthly Report(May 11, 2009)The New Forecast 
ESince early March till early May the stock markets in the developed countries have shown inverse trends, and it is subtly being said that the global economy might have bottomed. However, when considering that none of the fundamental and structural factors that have been driving the current "once-in-a-century" financial meltdown have been removed, it would be appropriate to see that the situation is yet more worsening. However, simple theory of "the simultaneous bankruptcy of Japan and the US" which some insist, is a complete misunderstanding. We, IISIA, believe that what is going on is a "quasi-fall", which was prearranged with several possible options That is, a kind of "calculated bankruptcy". In this context, we decide that, at ...(more) |
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