The financial crisis: the inevitable adjustment

When the true economic value is too far from the fabulous figures invented by financial engineering, crisis - and an adjustment - is inevitable.

Thursday, October 2, 2008

Cristóbal Perez-Jerez Alvarado, MBA in international economics, analyzes, with the very much needed academic indifference of today (and also the very scarce common sense), the current financial crisis.
After an illustrative compilation of the facts, and a sober review of possible solutions and the inevitable consequences, Perez-Jerez takes a look at the possible actions that can be taken in Costa Rica; all this in an analysis that can be applied throughout Central America.

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