It has brought serious losses to the national foreign exchange reserve industry. When the economic crisis occurs, it shows that the whole international economy is unbalanced and inflation will occur in many areas. Under the influence of the economic crisis, the original foreign exchange reserves began to become worthless or even plummeted, resulting in huge economic losses. In other words, countries with higher economic status will be hit harder in the face of economic crisis.
Prices in some physical industries began to rise wildly. The economic crisis not only makes money worthless, but also reduces residents' income and makes their jobs unstable. The crazy rise in prices, such as the economic crisis that occurred 10 years ago, caused many materials to be 2-3 times higher than usual, and the overall life of residents showed a downward trend. These include catering industry, aquatic cold chain and so on.
Banks will encounter subprime mortgage crisis. The biggest damage caused by the economic crisis is banks. Many enterprises have all kinds of cooperation with banks. When the economic crisis occurs, the profits of enterprises in the whole society will be reduced, and the subprime mortgage crisis will occur if the money is not available, which will lead to the failure of enterprise loans. When banks can't recover these loans, the industrial chain of the whole bank will be blocked and even have a very significant impact on the economic sources of the whole society.
Agriculture, water, electricity, gas and other industries are not so seriously affected, because agriculture solves the problem of eating. No matter whether the economic crisis occurs or not, industries related to eating will not be seriously affected, such as grain planting or vegetable industry. First, the water and electricity industry is less affected. Although the income of residents has declined, water and electricity are necessities, and people cannot do without these things. Finally, industries related to infrastructure are less affected, because it is related to the national economic base and social structure.