The
international economic crisis the position of Greece.
The
theses of KKE / By Eleni
Bellou.
The
international capitalist economy is going through a profound crisis
characterized mainly by its extensive synchronization. It initially
manifested itself in 2007 in the USA, in the construction sector,
with the depreciation of capital in financial companies, due to the
extensive circulation of investment derivatives in securitized
precarious housing loans.
The
danger of collapse of US financial giants -that hold powerful
positions in the international market of money capital- caused a
gradual and generalized large decrease of prices in the most
important stock markets in the world. It was the “tip of the
iceberg” in the manifestation of a generalized crisis of
overproduction, overaccumulation of capital.
An
optimistic version of the current data and assessments of the
international economic organisations pinpoint 2010 as the year of the
lowest point of recession. An increase of the number of unemployed by
25 million has already been registered and it is estimated that
another 40 millions will be added by the end of the year. In
2009, the Gross World Product is expected to shrink by 1,7% according
to the World Bank and by 2,75% according to the OECD. The latter
estimates that the international trade will shrink by 13,2% in 2009.
The
International Monetary Fund estimates the depreciation of money
capital to 4,1 trillion dollars since the manifestation of the
crisis.