2014 will be good for the American Economy

2014 will be good for the American Economy

America's housing market during the global financial crisis triggered by the collapse of the growth in developing countries, has been a driving force of the world economy. However, the recent slowdown in the growth rate in these countries began to show. Economists in 2014 and the global economy continues to rebound again with the economic performance of developing countries in the opinion.

American Economy

In 2014 the American economy is among the risk factors that may contribute to the rise in interest rates and the rising debt of state and local government cites: "Interest is the increased risk factor for the economy. This is reflected in the housing loan. 30-year term housing loans at 3.5% 4.5% rose. This was detrimental to residential sales. In addition, the high debt of local governments also pose risks. Last year Detroit went defaulted on debt. This year, Puerto Rico is expected to apply in the same way. "

Unable to pay their debts to the United States into the 'debt ceiling' crisis



Unable to pay their debts to the United States into the 'debt ceiling' crisis, disaster remains less than 24 hours, the problem was overcome. On the agreements reached in the Senate, markets relieved.

Democrats and Republicans in the U.S. Congress fail to reach a compromise on the budget crisis that started as a result, more than 1 million civil servants has led to the removal of the mandatory permission.

According to experts, the U.S. economy crisis, which cost about $ 300 million a day, if not end until October 17, the U.S. government unable to pay its debts may fall and this may adversely affect the global market, it was stated.

International Monetary Fund (IMF) and World Bank have called for reconciliation in the Senate, otherwise it will take place primarily in developing countries, including the economic crisis will affect the whole world had warned.