USA BEGINS TO DOUBT THAT YOU CAN SUSTAIN THE WORLD ECONOMY

 The hardening of the financial conditions due to the market falls, the uncertainty has more than enough China and the revaluation of credit risks they could derail to the economy of United States that up to now advanced in a solid path, she said on Wednesday the president of the Federal Reservation, Janet Yellen. It seems that she made a mistake it is clear that they calculated bad, not alone there is not improvement in the world economy, but rather their optimism and consequent ascent of the cost of interests has made just the opposite brake to the whole world. 

In a prepared testimony for the Congress that combined details on the administration of the Fed with the admission about more risks for the economy, Yellen said that there were good reasons to think that United States will remain in the one on the way to a moderate growth that will allow to the central bank to apply "gradual" adjustments of monetary politics. I believe that it is this way, but what cannot be is that each "guru" of the finances and more when it is the main responsible for the same s of the USA she loves us now to make believe that he/she didn't know that it would happen. 

The revenues and the patrimony of the families are increasing, the domestic expense (I don't doubt it, but alone in the USA) it has continued advancing and the investment of the companies outside of the oil sector accelerated in the second semester of the year, I inform Yellen. The president of the Fed said that she hopes the labor market continues improving and that the inflation finally advances until fulfilling the goal of the central bank, in spite of the fact that the recent fall of the expectations of rises of prices mentioned by some economic authorities is particularly disturbing. 

Yellen recognized that certain negative events in the global economy have become worse, as the weak growth of important sectors manufacturers like that of China and the excess of supplies in the markets of matters cousins, what has knocked down the prices of the raw one and of the metals. In this context, the wide perception of a global deceleration and the uncertainty about the graveness of the problems of China, they have hardened the financial conditions for the companies that curious everywhere it passes the same thing, the bad thing they make it those of out to bother those of inside of, that is to say to the American companies. 

"These events, if they are persistent, they could weigh in the panorama of the economic activity and the labor" market of United States, Yellen said, in its prepared comments for its biannual testimony before the Commission of Financial Services of the Camera of Representatives later on Wednesday. A report of the Fed that accompanies the speech of Yellen said that the financial sector of United States has been resistant to the pressures of the petroleum and the weakening of the markets of corporate debt in the world, where the big banks of the country have a limited exhibition. That is certain it is more exposed the world to the united states that the states together to the world are to congratulate them for their knowledge to make. 

Nevertheless, the report indicated that "if the conditions in these sectors worsen (...) more tensions" could arise. Yellen pointed to the uncertainty caused by the modifications to the exchange politics of China and the perspectives about its economy like a key factor after the recent volatility of the financial markets, and it sustained that that could affect especially to other dependent nations of matters cousins and of exports to the Asian giant. 

"If some of these risks to the drop is materialized, the activity in the exterior and the demand of American exports could weaken, and the financial markets could have even more complications", because she doesn't doubt neither a moment that this is what will happen unless you put remedy it sews that in an electoral year as this in the USA doubt a lot that they pass the time to fix the world