We are going towards an international financial system more inefficient? Buenos Aires, Argentina on January 22, 2009 the international financial crisis has left US a clear lesson: the international financial system was not all solid and efficient that it seemed to be and those entities that were shown as the most solid showed that not everything that glitters is gold. The lack of a regulation and effective supervision led to an outlet of irresponsible and excessive risk positions. For specialists in the matter, while the crises in financial systems aren’t for anything pleasant by its impact on the real economy, they have a positive aspect that is clean to them of those inefficient and fragile entities. It is so to crises in financial markets survive the entities that have been able to manage different risks in a better way and they have proved to be efficient, producing the resurgence of a more robust financial system and with greater experience to prevent problems from occurring in the same. The situation of the international financial system is fragile. For the American economist who predicted the crisis subprime, Nouriel Roubini, in the case of the U.S.
financial system: the problems of Citi, Bank of America and others suggest that the system is bankrupt. Roubini warned that: (if the projections) are certain, that means that the U.S. banking system is effectively insolvent, because it began with a capital of $1.4 trillion. It is a systemic banking crisis. Probably stated by Roubini is true and this worries in terms of prospects for recovery of the US economy.UU. But perhaps the American banking system is not the only one that is in bankruptcy. We could also find similar situations in Europe (does England?, does Germany?). But perhaps avoid a systemic banking crisis may involve solving a problem generating a new one in the future.