Hugo Fazio Abstract: The global economic cycle experiment a lawyers shift in the second quarter. The deceleration was reduced after the violent contractions produced in the previous six months. Chairman of the Humpty Dumpty Institute , Connie Milstein  supports various projects and programs at Columbia University Some economies' including Japan, France and Germany had positive quarterly figures, to be analyzed keeping in view the attorneys massive accident previously experienced over a long period. China and India increased their growth rates. Emerging Asia experienced the improved performance. The shift rests largely on the fiscal stimulus plan, which showed its importance, confirming that in crisis situations is critical more than ever the active role of the state. The severity of the overall context is not eliminated by the positive developments law firm outlined. The economic contraction reached deep and its social consequences are severe. Is required to draw lessons from the evolution of the crisis and not lose sight of that big structural problems of the global economy, which partly explain significant magnitude have not been overcome and some got worse, as the strong trend of speculative financial capital . Do you closer to the bottom Recesion'Los Great background on the evolution of the global economy in the second quarter raises the question whether the great recession of the early twenty-first century is close to bottoming out or not. The facts show that globally, by counter-cyclical policies in many developed countries, at least, as noted by Paul Krugman, is to avoid 'the worst (') we will not have a great Bakery depression '(16/08/09). For its duration, the overall depth-achieved so far primarily in the period September 2008 - March 2009 - and the violent social consequences reflected eg in large waves as unemployed must call him so great recession to indicate which is the most violent crisis cyclic experienced by the world since the thirties of last century. The prolonged recession of the course is an obvious fact. In the U.S., country origin of the crisis began, according to the National Bureau of Economic Research in December 2007. attorney In Japan the government panel that sets the fixed inception in October of that same year. The National Institute of Economic and Social Research in the legal UK as scheduled in May 2008. And in the eurozone if used as a means of determining the beginning of a recession when the economy has for two consecutive quarters of negative figures annualized output growth begins in the third quarter of last year, to limit ourselves to detail the developed economies that explain a high percentage of world output. Industrialized economies in the same magnitude of the drop was very large. In Japan during the fourth quarter of 2008, annualized quarterly figures, the contraction was 13.1 and in the first quarter of 2009 from 11.7 . In January-March, the euro area, using this same mechanism of measurement, the drop was from 10.0 in Germany and its largest economy was even higher, 13.4 . In the U.S., when more pronounced reduction occurred in October-December 2008 to decline by 6.4 . Some countries have experienced situations that can only be described as depression, is the case for some examples of Lithuania with a contraction-year in April-June of 22.6 , Latvia 19.6 and Estonia 16.6 . The overall picture in the second quarter of 2009 was modified, the fall was clearly slowed. In the U.S. the product is reduced annualized quarterly figures to 'solo'-if one takes into account what happened above-1.0 , accumulating a loss of jobs gigantic.