Pocit ztráty rychlosti

NEW YORK – Ještě před zhruba měsícem finanční trhy stále vesele stoupaly, vzdor sérii událostí s nízkou pravděpodobností, ale silnými dopady, jež globální hospodářství postihly v roce 2011. Rok začal růstem cen potravin, ropy a komodit, což vyvolalo strašáka vysoké inflace. Poté na Středním východě propuklo rozsáhlé pozdvižení, dále stupňující ceny ropy. Posléze udeřilo děsivé japonské zemětřesení a vážně poškodilo jak tamní ekonomiku, tak globální nabídkové řetězce. A pak Řecko, Irsko a Portugalsko ztratily přístup na úvěrové trhy, což si vyžádalo balíčky finanční pomoci od Mezinárodního měnového fondu a Evropské unie.

Tím to ale neskončilo. Řecko sice před rokem dostalo finanční výpomoc, ale plán A očividně neuspěl. Řecko bude potřebovat další oficiální pomoc – anebo interní pomoc soukromých věřitelů, což je možnost vyvolávající mezi evropskými tvůrci politik vzrušenou polemiku.

Obavy z neudržitelných fiskálních deficitů Ameriky zase nedávno vyústily v nepěknou politickou půtku, která málem způsobila zadrhnutí výkonu vlády. Podobná bitka se teď chystá nad americkým „dluhovým stropem“, a nedojde-li ke smíru, vyplyne z ní riziko „technické“ neschopnosti USA splácet svůj veřejný dluh.

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