**Analysis: It is imperative that US economy should remain stable and steady. Any down trend effect would impact world wide that has been witnessed a year ago on US mortgage crisis which created a global financial crisis that hit the world in 2008, last updated June 2, 2009 with closure of thousands of multiple factories in China. Financial crises directly result in a loss of paper wealth, they do not directly result in changes in the real economy unless a recession or depression follows. Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world. DTN News remain convinced that global economic integration benefited all nations respectively. By Roger Smith DTN News Defense-Technology News
Wednesday, June 9, 2010
DTN News: Financial News June 9, 2010 ~ U.S Debt To Rise To $19.6 Trillion By 2015
**Analysis: It is imperative that US economy should remain stable and steady. Any down trend effect would impact world wide that has been witnessed a year ago on US mortgage crisis which created a global financial crisis that hit the world in 2008, last updated June 2, 2009 with closure of thousands of multiple factories in China. Financial crises directly result in a loss of paper wealth, they do not directly result in changes in the real economy unless a recession or depression follows. Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world. DTN News remain convinced that global economic integration benefited all nations respectively. By Roger Smith DTN News Defense-Technology News
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