How many people will be laid off as a result of the financial crisis

Updated on Financial 2024-03-14
5 answers
  1. Anonymous users2024-02-06

    The financial crisis will be more and more harmful to China

  2. Anonymous users2024-02-05

    The financial crisis will lead to the emergence of risky assets, such as real estate, commodities, etc., and the wealth of residents will shrink significantly. The sharp decline in assets will cause an imbalance in the relationship between supply and demand in the market, coupled with the easy breakage of the capital chain, so enterprises are prone to stop production or even close down, the unemployment rate will rise, and the credit of enterprises and individuals will decline, which will lead to an increase in bad debts of banks.

    Extended information: A financial crisis refers to a crisis in financial assets, financial institutions, and financial markets, often accompanied by a large number of business closures, increased unemployment, general economic depression in society, and sometimes even social unrest or national political turmoil.

    Systemic financial crises refer to crises that affect the entire financial system and even the entire economic system, such as the financial crisis that triggered the Great Depression in the West in 1930, or the financial crisis that broke out on September 15, 2008 and triggered the global economic crisis.

    A financial crisis is a crisis in the financial sector. Since the liquidity of financial assets is very strong, the international nature of finance is very strong. The trigger for a financial crisis can be financial products, markets, institutions, etc., in any country.

    Financial crises are characterized by a relatively large depreciation of the currency value of the entire region, a relatively large reduction in the total economic volume and economic scale, and a blow to economic growth, often accompanied by a large number of business closures, an increase in unemployment, a general economic depression in society, and sometimes even social unrest or national political turmoil.

    Theoretically, there is a big difference between "finance" and "economy" in itself. "Finance" is a general term for a series of activities with money and capital at its core, and the main concepts corresponding to it are "consumption" and "production", while the latter two mainly revolve around goods and services. The so-called financial crisis refers to the emergence of a certain kind of persistent contradiction in the operation of monetary and capital-related activities.

    The connotation of "economy" is obviously broader than "finance", it includes all the activities related to people's needs and supply, such as "consumption", "production" and "finance", and its core is to create value and obtain benefits through the integration of resources. In the global financial turmoil, the import and export industry, which is on the cusp of the storm, has been hit most directly and severely. First, the crisis shifted from the financial to the economic level, directly affecting exports.

  3. Anonymous users2024-02-04

    1. A financial crisis can happen at any time, and this time it should be the United States ** or a debt crisis.

    2. Since the seventies and eighties of the twentieth century, Europe, the United States and Japan have been in an economic crisis, and it has continued to worsen, and countries have to consume huge resources to maintain the operation of the economy. Shocks such as financial crises are just one way to exacerbate economic crises.

    3. The resources of various countries to rescue the crisis have been basically exhausted by now, and it will be difficult to save them when a major crisis occurs again. That is, from now on, every crisis can turn into a catastrophe.

    The above three judgments are based on the law of economic rise and fall and the actual situation of various countries in the world, and the simple analysis is as follows:

    Profit is the driving force of economic operation, when the profit rate is higher than the minimum expected profit rate of investors, investment and production are active, and the economy is prosperous; Otherwise, investment declined, the economy collapsed, and even the Great Depression.

    According to the analysis of "The Profit and the Great Economic Rise and Fall, and the World Economic Situation", the profit formula is as follows.

    Profit = Investor Consumption + Economic Growth + **Deficit + Worker Deficit + Foreign Profits + Short-Term Profits.

    In the early post-war period, the destruction and dispersion of capital, and even the redistribution, made investors' own consumption form a high proportion of their capital, coupled with the economic recovery of high prosperity and closed growth, so that investors' own consumption and economic growth formed a high normal rate of profit, thus resisting cracks and promoting economic prosperity.

    However, with the decline in the economic growth rate, the reaccumulation of capital and the consolidation of mergers, the normal rate of profit falls, and when it is lower than the minimum expected rate of profitability of investors (referred to as the insufficient profit rate of the normal index), the overall investment declines, and the economic crisis occurs. This was a watershed in economic development, corresponding to the seventies and eighties of the twentieth century in Europe, the United States and Japan.

    After an economic crisis, economic growth will not return to high growth, and concentrated capital will not be redistributed or distributed, or even become more concentrated as a result of the crisis. As a result, normal profit margins will not only not recover, but will continue to decline.

    In order to obtain the desired profit rate, or to stabilize investment and the economy, investors can only make up for the deficiency of normal profits with abnormal profits. Mainly workers and ** deficits.

    Since investors' profits continue to need every year, the losses of non-investors who make up for the lack of profits must also persist, which eventually leads to a continuous increase in household debt and ** debt.

  4. Anonymous users2024-02-03

    Financial crisis, also known as financial turmoil, refers to the abrupt, short-term and super-cyclical deterioration of all or most of the financial cracks and indicators in a country or several countries and regions.

  5. Anonymous users2024-02-02

    The financial crisis refers to the situation in which all or most of the financial indicators such as the profit rate and the prudential ratio, exchange rate, assets**, the ability of enterprises to repay debts, and the failure index of financial institutions have deteriorated, making it impossible to continue normal investment and financing activities.

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