How big is the crisis?

The analysis of the figures used to overcome past historic crisis, indicates that the current is by far the the worst ever.

Friday, December 5, 2008

In several (quite a few, in fact) of the presentations that we have done on the crisis, the first slide is a picture of the grenade and a nuclear war head. Here we question: what is the size of this crisis?. In the presentation we respond that we are experiencing the worst crisis ever seen by those of us alive and worst that we will ever experience (hopefully, this will just remain a desire). We argued using graphs and data about the crisis. It is not an opinion, but as a company that is dedicated to economic intelligence, we try to use evidence to support our opinion.

IN the last few days we have received several infographs detailing the cost of the bailouts. Below we share three of them to confirm what we have been saying in our presentation. This a a nuclear bomb that we are experiencing. Please do not underestimate it, it is better to be cautious than ...

More on this topic

Another Business Model for Hondutel

July 2012

The Honduran state telecoms company is discussing a plan for mobile phones to be operated by a subsidiary.

The article in Laprensa.hn outlines that "In the past two years there have been discussions on a dozen economic models such as capitalization, leasing, manufacturing, joint ventures, public-private partnerships, franchising and outsourcing.

Panama's Potential As Stockmarket Hub

October 2011

The right financial conditions would allow the country to become the Singapore of Latin America.

Modern legislation, a tax system that benefits investors and use of the dollar as circulating currency are just some of the characteristics that Panama has and which could lay the groundwork for even greater market development, which would position the country as a "hub " for securities in Latin America.

Nicaraguan GDP drops in 2008

November 2008

The growth of the Nicaraguan economy at the end of 2008 will be lower than that of 122 other developing countries.

Even the GDP of Sierra Leone which was the lowest on the Human Development Index will be 2.5% higher than the estimate figure for Nicaragua.

"This is not the best scenario we could have expected in 2008," said economist Alejandro Arauz yesterday, based on the mos recent projections from the IMF on global economic perspectives...

Guatemalan economy will experience less growth

October 2008

The IMF expects a reduction in the growth of the local economy. It is no longer expected to be 4.3% but 4% due to the global financial crisis.

The negative effects of the crisis may start to be felt in the next few months, since this year the economy will not grow to 4.3% of the GDP as would previously expected, said Minister of Finance, Juan Alberto Fuentes Knight.

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