Wall Street's bad debts hidden 35 billion that year the U.S. economy irreducible Yong.

<P> The U.S. Securities and Exchange Commission (SEC) documents show plagued by subprime losses yet to account for banks and brokerage firms with earnings-related write-off an additional 35 billion U.S. dollars, and then cast a shadow over the financial markets. .Although the survey shows that the U.S. economy will recover in the next quarter, but it may not recover the old style. .</ P> <P> (http://finance.) Citigroup's quarterly report submitted to the SEC, the disclosure of mortgage bonds due to the depreciation of 2.0 billion dollars in market value caused by the loss, but did not record the write-off related to the income .Within the table, and not be accountable to shareholders. .In addition, another financial institution ING only to 3.6 billion euros of asset impairment recorded in the capital account, and in the income statement is disclosed only 8,000 million euros in profit decline. .</ P> <P style=MARGIN: 0px> in accounting regulations, only the calculation of the charge-off balance sheet, rather than its record in the income statement is acceptable practice, because the accounts of the balance sheet .are long-term nature of investments, companies can record impairment of long-term bonds held by the balance sheet, as long as this does not cause impairment of long-term losses. .Banks generally prefer to record in the balance sheet write-off, as soon as market conditions improve, the bank's asset value can also be restored. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px align=center> urged to inject more funds into the industry offset the write-off </ P> <P> balance sheet adjustments, the global .the banking sector up to 344 billion U.S. dollars in write-offs and credit losses for further expansion of existing trends. .If you adjust the balance sheet of 35 billion U.S. dollars caused by write-off included, the bank expected further losses to 116 billion U.S. dollars. .In order to maintain capital adequacy, the global sovereign wealth funds from big firms, where the local government and investors, access to 263 billion U.S. dollars capital injection. .</ P> <P> market participants pointed out that the wise is in the balance sheet problems, the full disclosure of which is increased by way of financing problems. .</ P> <P> International Monetary Fund (IMF) was expected, the total losses caused by subprime lending will reach 1 trillion U.S. dollars, including bank losses expected for the 510 billion U.S. dollars, which means that banks will also gradually impairment 1300 .billion. .</ P> <P align=center> irreducible then the U.S. economy Yong </ P> <P> American Institute of Business Economics (NABE) survey, along with improvements in credit markets, the U.S. economy is expected to escape the end of next quarter. .</ P> <P> the fifty-two for the survey of professional forecasters means that the worst of the U.S. credit crisis is over, the property market downturn will bottom out, it is estimated the U.S. economy picked up in the second half, economic growth .materials rose 2.1%. .Economists surveyed, more than forecast commercial and consumer lending Liucheng will be relaxed in the second half. .Estimated that the U.S. economy into recession has been or will be the proportion of analysts, from February rose to a four-five Wucheng Liu. .But analysts speculated the Federal Reserve two years the most important interest rate cut, tax rebate, record exports and stabilize the local property market, will lead the U.S. economy this quarter or next quarter recovery. .</ P> <P style=MARGIN: 0px> Economic Council of New York announced April 19 the economy is also leading index rose 0.1%, rising for the second consecutive month. .It showed that although the weak U.S. economy, but the extent is not too deep. .</ P> <P> but the credit crisis subsided, the U.S. economy might not be "back to the past." .Investors and lenders are more concerned about capital adequacy, drag on the U.S. companies still need to worry about expansion and research funding. ."After the sub-prime time," the U.S. economy, expected production appears weak, the economic slowdown, rising unemployment and shrinking financial services and other features. .</ P> <P> Huber, chief U.S. economist at Deutsche Bank estimates, the U.S. economy's long-term growth rate might be 2.5% from a year ago, fell 2%. .Over the past fifteen years, the U.S. economic growth rate reached 3%. .Returned to normal after the credit markets, venture capital borrowing costs may be significantly higher than the level when the credit crisis. .</ P> <P> Nobel Prize winning economist Samuelson believes that once the over-optimistic investors due to an error it will result in a period of time into a "standstill." .</ P> <P> Federal Reserve survey in April, three-quarters of bank lending interest rates charged to businesses, and banks to fund the expansion of the interest spread, over half banks have tightened their lending standards. .</ P>.