A lot of Governors pay special attention to the development of US economy today because it is the key element of the development of every company. In fact problems in the world economy started because of the wrong financial policy of the US financial institution.
This happened mainly because most of the banks had access to huge financial resources which they provided for companies and common citizens who got these money as loan. For example, pay day bad credit loans were extremely popular before the world financial crisis. But in fact a lot of people overestimated their own financial situation or even were not prepared to return large sums of money so soon. Also Tony O’Connor admits that fact that a lot of financial estimated tried to get huge profits and provided financial support for everyone not paying so much attention to the rate of income and property that such people had. That was probably the main thing which lead to the financial crisis.