Feb 11
Tax Payer support
Everyone talks about crisis. But most people have to be aware that there
are currently many different types of crisis running. For sure they are
intervened but at the same time they have different solutions and impacts on our
everyday life.
- Housing Bubble
- Stock Market Crisis
- External Financing
- Export Crisis
Not all countries are affected by the same type of crises.
For example:
| Type of Crisis | ||||
| Financial | Real Estate | Export | External Financing | |
| Austria | x | x | ||
| Croatia | x | x | ||
| Czech Republik | x | |||
| Germany | x | x | ||
| Hungary | x | x | x | |
| Iceland | x | x | x | |
| Japan | x | x | ||
| Romania | x | x | x | |
| Serbia | x | x | ||
| Slovakia | x | |||
| Spain | x | x | ||
| UK | x | x | ||
| Ukraine | x | x | x | x |
| USA | x | x | ||
But every crisis bears chances. Lets see how this will all evolve and if other bubbles will explode like the credit card system, the commercial real estate business (mortgage backed up by real estate) and so on.
It is definitely a hard, challenging but also I would say “interesting” time.
Good luck to everyone.
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