|
|
Repurchase-credit-USA
|
|
 The economy of the United States is again most competitive of the world
The economists as well private as paid State allot the capacity of bounce whose economy of the United States made proof these last years vis-a-vis the many shocks that it underwent, in particular the terrorist attacks of 2001, the scandals which shook certain companies and the rise in the prices of hydrocarbons, with its great competitiveness and in particular with the opening and the flexibility of its money markets.
Last October, the Minister for Finance of the United States, Mr. Henry Paulson, declared himself convinced that, thanks to these qualities, the economy would be able to overcome the new crisis which developed in the sector of housing and the mortage market.
Its optimistic remarks were corroborated by a report/ratio of October 31 of the ministry for the trade indicating that the US economy had recorded, to the third quarters, a growth rate of 3,9%, figure which has surprised many analysts.
|
 |
England as the USA have just undergone a mini crisis financiére in the real loans:
Great Britain is touched of full whip by the crisis of the subprimes. Friday, of the savers made the tail in front of the seat of the 8th British bank, Northern Rock, in Newcastle, to withdraw their economies.
This specialized establishment in the real estate was indeed in impossibility of borrowing money near other banks.
It should be also known that for the United States, it there forever have of fall of the real estate since 1945.
That wants to say, that those which sold this loan “subprime” thought that in the worst case, if the customer could not refund his monthly payments any more, it could always resell with an appreciation.
Unfortunately, the conjunction of the increase in interest rates (19%) and the fall of the real estate put in bankruptcy the customers, then the banks themselves, the last figures announce for the moment 3 million American ruined and expelled by this credit.
What the crisis of the subprimes? | subprime mortgage |
The American crisis of the subprimes is the consequence of two events: a rise of the rates which made refunding too difficult for many households and a reversal of the real estate market which decreased the value of their real estate. Blow, even the sale of the house or apartment is not enough any more to refund the credit.
The organizations lenders of which a too significant number customers are in this case risk the bankruptcy. It is the first stage of the crisis, summer 2007.
The crisis to which we assist today takes its source in the United States in the segment of the Subprime debts. It was propagated with the mortage loans titrized because of an absence of liquidity on the market, some of these loans not finding purchasers without important rebate.
They are above all a crisis liquidity and not a crisis related to non-payments transmitters. Consequently, a distrust settled on the market of the securitization which represents a significant share of certain dynamic monetary OPCVM.
This crisis of liquidity led theoretical valorizations not to be more in adequacy with the contract prices. This phenomenon involved a sudden depreciation of the realizable values of the OPCVM concerned. By contagion, the market of the credit worsened in its globality.
|
|
 The United States of America are composed today of 50 States: 48 “continental” to which were added Hawaii and Alaska in 1959.
The 13 colonies which became States by ratifying the Constitution into 1787 are the following (by order of ratification of the Constitution): Delaware, Pennsylvania, New Jersey, Georgia, Connecticut, Massachusetts, Maryland, South Carolina, New Hampshire, Virginia, New York, North Carolina and Rhode Island.
Alabama, Montgomery, Michigan, Lansing
Alaska, Juneau, Minnesota, Saint Paul
Arizona, Phoenix, Mississippi, Jackson
Arkansas, Little Rock, Missouri, Jefferson City
California, Sacramento, Montana, Helena
North Carolina, Raleigh, Nebraska, Lincoln
South Carolina, Columbia, Nevada, Carson City
Colorado, Denver, New Hampshire, Harmony
Connecticut, Hartford, New Jersey, Trenton
North Dakota, Bismarck, New York, Albany
South Dakota, Pierre, New Mexico, Mexico Santa Fe
Delaware, Dover, Ohio, Columbus
Florida, Tallahassee, Oklahoma, Oklahoma City
Georgia, Atlanta, Oregon, Salem
Hawaii, Honolulu, Pennsylvania, Harrisburg
Idaho, Timbers, Rhode Island, Providence
Illinois, Springfield, Tennessee, Nashville
Indiana, Indianapolis, Texas, Austin
Iowa, Of the Monks, Utah, Salt Lake City
Kansas, Topeka, Vermont, Montpelier
Kentucky, Frankfort, Virginia, Richmond
Louisiana, Baton-Rouge, Virginia Western, Charleston
Maine, Augusta, Washington, Olympia
Maryland, Annapolis, Wisconsin, Madison
Massachusetts, Boston, Wyoming, Cheyenne
The diversity of landscapes, climates, fauna and flora which the national parks offer is extraordinary, of the moistness of the lagoons bordered of mangroves and populated alligators of Everglades, in Florida, at the frozen tops and the populated valleys of bear of Park Glacier in Montana, of the vertiginous pits of the Large Canyon, with the ebullient geysers of Yellowstone.
The idea to create National parks was launched in 1870 by a group of explorers brought together in Wyoming. Some 46 years later the National Park Service was instituted. Its mission is to preserve the territories placed under its protection, to maintain and emphasize these museums at open sky, witnesses of what was formerly the continent.
The National Park Service is an federal agency. It is responsible for a total of 388 sites, historical places, battle fields, coasts, banks and lakes.
The parks are generally open all the year, but in the cold areas the winter activities are limited enough.
The parks generally have arranged camp-sites, restaurants and hotels suitable and sometimes luxurious. These establishments are managed by companies having signed of the contracts with the federal government, their services and their prices are controlled.
In peak season, from June at the end of August, it is recommended to hold its place in the hotels, motels, cottages and bungalows of the parks. On the other hand, the reservation is generally useless for the camp-sites, in which the arrived first are the been useful first. The maximum stay on a campsite is generally 14 days, it can be 7 days in the most attended parks.
Each park proposes exposures, walks of observations in company of rangers, discovered particular points under the control of naturalists, and even sometimes of the fire-of-camp-debates.
Because of the long distances which separate the majority from the parks, it is difficult to discover more than two or three parks during a voyage. It is necessary for example to traverse more than 750 km to go from Redwood to Sequoia, both located in California.
The selection is difficult and will depend on the priorities of each one. If it can it will be necessary to try to visit in priority Shenandoha (Is), Everglades and Great Smoky Mountains (Southern), Carlsbad Caverns and Large Canyon (South-western), Bryce Canyon, Glacier, Mesa Verde and Yellowstone (Mid-west), Denali, Sequoia and Yosemite (the Western Pacific)
|
|
 |
Pour tous renseignements:
 |
|
|
Repurchase-credit-USA
|
|
|
|
