Oplecenter Business & Finance News

FORECAST many parties that the housing credit crisis in the United States (subprime mortgage) is still a long way was right.

Though while the already predicted that the crisis will shake the world economy, which occurred recently still surprising. The crisis has many victims of the perpetrators took the financial sector in the Western world, without exception. Citibank class financial companies must work hard to save themselves out of the crisis, even to invite new investors from abroad.

News losses and profits decrease significantly the economic news continues to decorate and business world. Surprisingly, the bad news was announced by the financial institutions that had been considered very powerful in the world economic arena. The latest news that shook the U.S. financial sector is the Lehman Brothers bankruptcy filing, one of the leading securities companies.

In his prime, Lehman Brothers was always regarded as one of the advisors and financial consultants world-class. Several large companies in Indonesia had used their services for the financial restructuring. The news of course is a continuation of the news other unpleasant been out before and always shook the world economy, especially the stock market.

News bankruptcies occurred in the trend decline in oil prices. Maybe we’ll all be confused by the phenomenon of oil prices. As oil prices climbed close to USD150, all the restless and the government finally had to raise subsidized fuel prices that followed the rate of inflation.

When oil prices come down, we’re too far from a sense of relief because the decrease in drag reduction in prices for some commodities become a mainstay of Indonesia chance like palm oil, coal and other minerals. Seeing such conditions, the conclusion is the world economy initially in a state of full turbulence volatility.

Rise and fall of oil prices, for example, occurs drastically in a time where prices rose quickly as without barrier, but when prices fall too rapid. The dominance of speculative element in determining the price of oil and other commodities is the main cause of the volatility of the world economy. Strong element of speculation also occurred in the money market and capital market.

This behavior such speculation has become characteristic of the stock and commodity trading in developed countries like the United States. It has even become a symbol of the success of several actors in the market, let alone supported by the media which tends to lift the success-story that sometimes less proportionately.

Which is not revealed by the media, of course, several other speculators failure stories whose numbers may be greater than the work. Apart from that, the behavior of this speculation can not be eliminated just like that. Maybe that can be controlled is too much speculation.

U.S. Congress has tried to dampen speculation of oil prices and the ongoing processes, accident rates have shown a tendency to decrease. Financial earthquake that hit Indonesia through the reduction of composite stock price index (JCI) dramatically, weakening of the rupiah, and of course seretnya bank liquidity can not be simply regarded as the impact of financial crisis in the U.S. that would go away.

Maybe a bit difficult to understand why these earthquakes occur in the middle solid macro fundamentals of the Indonesian economy as economic growth is estimated to be more than 6 percent this year. The government and Bank Indonesia still be wary of some other macro indicators such as the trade balance had a deficit as a result of declining commodity prices some of Indonesia’s main export.

In addition, to watch out for is the development of reserves that may be used to defend the rupiah, and of course the inflation rate was not easily tamed by rising interest rates that are regularly conducted by the BI. One thing’s for sure, Indonesia’s economy susceptible to overheating, which drove inflation as increased demand for credit.

Ekstrakeras effort needs to be done for the government and BI this overheating symptoms can quickly suppressed without sacrificing the real growth rate promises. JCI decline must also be taken away from the cold and panic. With the economic fundamentals are still strong and the fundamentals of the companies is also quite good, the principals are expected to think long term.

Investors are not expected to rush to sell, which would only weaken the Indonesian stock market. Just when it’s time to start buying stocks cheaply prospective. As for the company, it’s time to buy back their shares. The weakening of the rupiah’s BI needs to be maintained so as not to create the rupiah crisis itself.

But also consider the impact of short-term positive, as more and more competitive prices and create its own attraction for foreign investors to return to the Indonesian market. Current crisis provides a lesson for us that a national economy must be kept in strict order not to become victims of excessive speculation, and distance themselves from business practices that are not healthy even if profitable.

The U.S. has repeatedly been victims of junk bond which ironically became prey of speculators. This time the subprime mortgage crisis, which could also be categorized as junk bonds, has been hit not only the U.S. financial sector, but also the world.

Understand capitalism may bring benefits to some extent, but should be aware of situations in which the behavior of its adherents have crossed all limits and tends to justify in any way for profit. The lesson is that greed can be a miserable couple of parties a lot of human beings on this earth.