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The team does not change, even if Obama loses the Soviet

Maybe a little inflated (laugh eh?) As speech, but I want to preclude know what the antidote to economic depression. At the time of writing have not yet experienced the highest world economy, and despite the instincts tell me to look at Mao's China to try to understand what will happen in Europe in a few months, and follow the advice of professoroni I keep an eye on the Americas.

Obama played in defensive position Ben Shalom Bernanke, made in the USA, behind Harvard and Princeton, has several Republican sympathies for the part of U.S. political life, but if Obama had decided not to renew the mandate of the Fed's helm, he confessed the lack of trust in the efforts of the Central Bank has so far done to overcome the crisis.

Bernanke takes (for 4 years) in the task of building a usual growth, matching the price stability "... Good luck.

The problem is that unemployment is rising, and the purchasing power of households and then decreases. The recipe requires some good old days of supporting banks (which is to exit the current crisis it was decided to save the big banks, responsible for the crisis ... and the same 70 years ago '?) with an infusion of revenue from the central bank to increase liquidity therefore consumption and restart the wheel, and this brings us to the second aspect, namely price stability. For now the question is not a problem, at least for the Americas, as the current risk of monetary policy (interest rates to zero) is more toward deflation ...

But the good Bernanke must be careful not to get too attached to the drip, the Central Bank if it delivers too soon, as is clear, it creates inflation and return Weimar, without going via withdraw from 2000 lire. The White House says that 2009 GDP will contract in the following months more than expected, falling by 2.8%, and then score increases of 2% and 3.8% in 2010 and 2011. Growth rates is not sufficient to revive the labor market, which would need a boost more: next year and a half the rate of unemployment for some time to reach a peak of 10%, to close 2009 at 9.3% and 2010 to 9.8%.