A recession is on the record

Most of the 52 surveyed economists believe the recovery of the financial system and the production will not begin until mid-year and significant progress will occur only in 2010. Economists the world's leading companies and financial institutions on average, expect the fall of the U.S. GDP in 2009 to 1,6% (last month the average prognosis of incidence was 1.1%). This will be the worst result for the past 26 years. In this case, the most pessimistic forecast of economists did Merrill Lynch, who believe that the U.S. economy goes into a minus on 2,8%. The current year will not bring good news and the labor market - the peak of unemployment is still ahead and will likely have to be for 2010, analysts believe. Last week, the Labor Department reported that in December unemployment rate has reached 11.1 million people, or 7.2% of the total working population. This is a record figure for the last 16 years. "Unemployment is very bad, - has confirmed chief economist at Standard & Poor's, David Wyss. If you look at the situation in detail, it is hard to find at least one positive element." In general, Americans are ready to serious difficulties. According to a recent survey of service Harris, more than half of Americans expect the deteriorating economic situation in the country. True, the Blue Chip Economic analysts have nevertheless noted that much will depend on how the new U.S. government headed by President-elect Barack Obama will serve the proposed anti-crisis program. Experts estimate developed by the White House package of between $ 635 billion to 900 billion U.S. plan involves additional government spending on infrastructure, reforming unemployment insurance and health care, reducing the tax burden for 95% of American families. In this case, Obama himself last Saturday, said the plan would allow two years to maintain or create 3.4 million jobs, of which 90% will come from the private sector. "Macroeconomic indicators have not yet given rise to an investment boom in the U.S.. The real estate market remains sluggish, the labor market unemployment rises, consumption falls - said RBC daily, the head of analytical department of" Forex Club "Alexey Trifonov. - However, this does not stop investors, because after a deep fall of the market yearns for good news. That's why Obama announced a plan to stimulate the economy met with enthusiasm. " This year, the good news is not worth the wait, and Europe. The economy of several European countries went into negative even before American and will recover, apparently, later. Meanwhile, in Europe it is time and a small, relatively affluent countries count the losses. In Denmark, according to recent estimates, last year went bankrupt more than 3,8 thousand companies (an increase of 61% compared with the previous year). This is a record figure since 1979, when the kingdom began to keep statistics of bankruptcies. The worst affected companies involved in real estate and transportation. Losses incurred and economic leaders from Denmark - brewery giant Carlsberg and private financial group Danske Bank. So, last year only to their shares fell a total of more than $ 47 billion