The cost of coping with the crisis is emerging, economist Li

Source: Internet
Author: User
Keywords World economy
Tags agency asset cost create economic economy famous economist financial
China News Agency, Shanghai, December 7--Li, deputy dean of the Chinese Academy of Social Sciences, said today in the "Taiwan Financial Forum" that the world's response to the crisis is very effective, but the cost of coping with the crisis is emerging, such as the central bank's huge money supply will create potential asset inflation, Some countries have a fiscal deficit.  And the economic order has been comprehensively undermined, "we do not have a stable and sustainable economic mechanism to rely on".  The famous economist said that the world is now in the "post-crisis period", that is, the financial crisis has not passed, and the underlying factors in the financial crisis have not been resolved, so should beware of a return to the crisis. He said that in the financial crisis, the national rescue measures Strong, the world economic downturn was quickly blocked.  There is a good side to being vigorous, that is, the crisis is no longer spreading, but the problems inherent in the world economy have not been eliminated.  Li's "inherent problems" include global economic imbalances, irrational monetary systems, the alienation of financial and physical economies, the weakening of the technological underpinnings of economic development, regulatory problems and the distortion of balance sheets. Li said, "The old problem has not been solved and there are new problems, the world through the financial crisis is still to come." Finish)
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