After the 2008 Olympic Games, China's economy did not improve as expected. ...
The intangible losses caused by RMB appreciation in China's growing foreign exchange reserves are worrying. ...
First, the subprime mortgage crisis in the United States. Then the origin of the subprime mortgage crisis in the United States is the American government's efforts to solve the housing problem of low-and middle-income people. In order to lower the threshold of people's loans, the US government entrusts Freddie Mac and Fannie Mae, the two largest real estate companies in the United States, to provide loans to low-and middle-income people. The government has provided them with some financial guarantees and given them enough preferential treatment. Of course, in order to prevent Fannie Mae and Freddie Mac from pocketing their own money and making false accounts, the US government has also set up corresponding regulatory agencies. Since 2002, the American economy has been affected by the American real estate boom, and it has been bullish every year after Japan experienced a decade of negative growth. At that time, many economists' predictions that with the approaching of 2 1 century, the American economy will gradually start to weaken like the Japanese economy have been shattered. It has gradually attracted the attention of many global investors. Everyone wants to share the still strong economic situation in the United States. What VC, Citibank in the United States, can be said to have set opportunities for the development of 8,500 American banks, not to mention Standard & Poor's and Dow Jones Index. The Nasdaq index has been rising all the way. As the engine of the world economy, Americans have unlimited scenery, and global speculators enjoy it.
But everyone knows that soap bubbles will break no matter how bright they are. The bigger the soap bubbles, the more beautiful they are, and the more regretful they are. Especially the impact of the bursting of the economic bubble on people is ...
In the summer of 2006, with the first increase in interest rates, Americans began to realize that they seemed too optimistic. The increase in interest rates has made people who are already under great repayment pressure even more at a loss. Investors began to question Fannie Mae and Freddie Mac in the United States, almost as quickly as lightning. No matter whether Dow Jones or Nasdaq leaked the news for thousands of miles, a global financial crisis headed by the subprime mortgage crisis in the United States began in a mighty way, and it was getting worse and worse again and again. In today's economic globalization, Fannie Mae, Freddie Mac and two agents of regulatory agencies kidnapped the head of the US government. ..
But then again, if the subprime mortgage crisis in the United States had not had such a great impact on the global economy, the soaring global crude oil price could not help adding fuel to the fire. Although the depreciation of the dollar caused by the weak American economy has somewhat reduced the rise of crude oil, even the United States, as the world's largest economy, will complain about being robbed of crude oil at this time. Therefore, the price of crude oil has become another major impact on the global economy after the US subprime mortgage crisis. Due to the soaring price of crude oil, Europe and the United States are trying to replace crude oil with biofuels. Instead of slowing down the momentum of crude oil's sustained strength, our plan has become an accomplice to a new round of global food price surge, pushing the global economy into the abyss. Not only in Africa, but also some developing countries in Asia are facing the problem of strong food pressure. It can be seen from the policy of increasing the grain export surcharge or even restricting some grain exports issued by the China government that these policies can promote the soaring global crude oil prices. ..
Although the first global crisis in the new century, which originated from the American subprime mortgage crisis, has weakened, the losses caused to global speculators will continue. It can be said that before 20 10, most enterprises in the world will still stay in the stage of repairing the losses caused by this crisis, and I am afraid there are still more ways to go to achieve profitability. ..
I believe that a few weeks ago, many people held their own views on the "post-Olympic economy", and even together with many economists at home and abroad, they trumpeted the improvement of Beijing's post-Olympic economy. Practice shows that China's economy is really different from other countries. Some people say that neither the Los Angeles Olympic Games nor the Seoul Olympic Games, which is also in the global economic downturn, nor even the descendants of Barcelona, have been able to make the post-Olympic economy better, and even lost the slightest confidence with unwritten expectations that may bring strong impetus to the global economy. China also has the right to host the 20 10 Shanghai World Expo, so no one will have any reason to improve the economy after the Beijing Olympic Games, or even question leading the world out of the predicament. These seemingly doomed things did not come true after the Olympic Games. Ironically, China's Shenzhen Stock Exchange Index has been falling again and again, which makes countless people not worship the post-Olympic Games, but also scoff at economists' self-righteous predictions ... Problems that economists can't solve, speculators complain bitterly, and the call for the government to rescue the market is just like CPI in April and May. As for the government, it just took a form and reduced the stamp duty. The six Olympic Games in the first two decades did bring many benefits to almost all the Olympic host countries, but why didn't China get certain benefits as expected? "environment." I think it is a miracle that China still has such a large trade surplus under the background of the subprime mortgage crisis and the rising price of crude oil. China is such a country. Make Socialism with Chinese characteristics fully integrated with the capitalist market economy or planned economy. ...