The illusion of the end of the crisis

Source Credit tools
It is now easy to deduce from the media and communications of companies that the crisis is over and that the sectors which are still struggling will quickly turn out again on a growth cycle limited but durable.
The events of 2008 and 2009 award for a breach of the "normal" evolution of the economy like if this crisis with deep roots, however, was in fact an accident now being part of the past. As often, we forget the bad times and the lessons that should have been learned.

How can we claim today that the crisis is over, so that its main cause, excessive debt, has not been resolved?

Worse, plans to revive the devastated economy of Western countries have considerably increased the indebtedness of states that were already before the crisis in a worrying situation.
Now that is no longer the U.S. household debt, triggering the crisis in 2008, which worries, or even the situation of the banks whose profits have started to rise again with a more speculative still dominant, but the level of debt of states. We can legitimately question the ability to repay their phenomenal debts.

We live in a world where the bankruptcy of a large state is possible.

"Not only the issue of indebtedness has not been resolved but the answer to this crisis has been a heavy reliance on indebtedness .... The current situation is far worse than before the crisis of 2008-2009 because the debt level of Western countries has exploded. It will suffice of a new trigger, the bankruptcy of a state, to cause a chain reaction which is not known whether it can be kept under control. In any case it will have serious consequences on the economy and businesses.

The level of failure (and unpaids) firms will grow again starting from an already high base.

Now more than ever companies must " equip themselves " to manage the risk of default and late payment from commercial negotiation to the final collection of the cash.

The purpose of Credit tools is precisely to provide businesses with the tools and methods to control the customer risk and avoid late payments and delinquencies which are the first cause of business failure.