The world economy is stuck in the waiting another blow to America

Finansy04-08-2008 The global economy is stuck in the expectation of another attack on America's first wave of defaults on U.S. mortgage bonds, it seems, reached a peak. However, mounting a second, more devastating, experts say. Homeowners with "good" loans falling behind in payments increasing at a time when there have been first (after two years of increasing defaults) signs of alignment problems with the so-called sub-standard (subprime) loans are issued to risky borrowers. The percentage of mortgage debt, are in the category of a step up from subprime, so-called alternative-A mortgages, rose fourfold, to 12% in April, a year earlier. Scare and that the delay in prime-loans (standard lending conditions of the population), constituting a large portion of the market in the $ 12 trillion, doubled to 2.7%, writes The New York Times. Mortgage troubles exacerbated problems in the economy under stress. Data last week showed that house prices are falling, the economy is growing slower than expected. Carmaker General Motors on Friday reported on the unprecedented financial losses, and the Ministry of Employment said the jobless rate rose to a four-year maximum.