The development trend of emerging industries in the United States and other developed countries afte

An important feature that distinguishes emerging market countries from developed countries is the different structure of bond markets: 1To hedge against fluctuations in inflation rates, lenders in emerging markets tend to issue bonds and loans with short maturities.

In contrast, inflation risk is relatively stable in markets like the U.S., so even about half of all home mortgages have a fixed interest rate over a term of up to 30 years. 2.Due to the frequent changes in the value of their local currencies, corporates, banks and** in emerging market countries tend to issue bonds denominated in foreign currencies (usually US dollars) in order to hedge against exchange rate risks.

This is called "bond dollarization" and these two scenarios are fatal for the transition from a currency crisis to a financial crisis – first, the depreciation of the local currency that accompanies a currency crisis can increase the borrower's debt, because the borrower's income is usually denominated in the local currency. As a result, the value of the borrower's assets in local currency terms remains the same and the debt is heavier. Then, due to the short maturity of the bonds, companies quickly face pressure to repay when faced with increased debt.

Many businesses will go out of business as a result. The mass collapse of companies has further deteriorated banks' balance sheets, leading bankers to adopt a policy of reluctance to lend, or to take a plunge in risky areas. On the other hand, interest rates will be raised to maintain investors' confidence in holding the local currency as they strive to maintain the value of the local currency.

Doing so would deplete a country's foreign exchange reserves and increase the country's currency** risk.

It has no impact on China's financial institutions, but it will have a big impact on our real economy. Because there is a crisis in the United States. The worker is unemployed.

If you are unemployed, you will have no money, and if you don't have money, you will not spend. The U.S. market is reducing orders from China. But in China, products are produced in traditional, labor-shaped factories.

And it's a mass production of these products. In the past, the U.S. economy was good. It can drive consumption.

Now if there is a crisis, consumption will be reduced. There will be fewer orders in China. Factories cannot be opened.

In the end, the factory went out of business. Just look at how serious the factory closure in Guangdong was three years ago.

But you have to ask if lowering the ** will make the product sell a little more. Trying to get a little more sales? No way.

Because of the continuous appreciation of the renminbi, it has directly hit China's export manufacturing industry. The profits are already pitiful. Even non-profit is being done.

If the price is reduced again, it is estimated that it will be in vain. Is it okay to mention **? Even more not.

Why? Just look at the types of products exported by our country. Lighter.

Twist clasp. Chopsticks. Toothbrush.

Cup. It's all very traditional stuff. It is even more important for others to mention **.

But why is it that the products from the United States, Europe, and Japan come to us so expensive? Why can he raise the price of the yen when it rises? And Germany as well?

Take a look at their products and it will be clear. Like what Sanling. Sanyo.

Honda Toyota. Canon and so on. Siemens, BMW, Germany.

Benz. Wait a minute. Computers, electronics in the United States.

Car, iphone4...There is also generic. Boeing or something.

It's all high-tech industries. In the industry, they are all competing for the first and second. They did what the whole world couldn't.

So they raised the price for a reason. We. It's far from it.

Looking at the outbreak of this financial crisis, it is not so much because of an unexpected event (subprime mortgage crisis) as it is because the US economy has been operating on a platform of high growth rate, low inflation and low unemployment for more than 5 years, ignoring investment risks, which led to the outbreak of the crisis. In fact, I personally think this is inevitable. First of all, due to the "subprime mortgage crisis", I don't know if the specific background is clear to you, let me introduce it in general:

The subprime mortgage crisis, a storm caused by the bankruptcy of subprime mortgage lenders, the forced closure of investments, and the violent. It has led to a looming illiquidity crisis in the world's major financial markets. The immediate cause of the storm in the U.S. subprime mortgage market was rising interest rates in the U.S. and the continued cooling of the housing market.

Subprime mortgages are loans made by some lenders to borrowers with poor credit ratings and low incomes. The rise in interest rates has led to an increase in repayment pressure, and many users with poor credit feel that there is a high pressure to repay, and there is a possibility of default, which will affect the recovery of bank loans. As the U.S. housing market cools, especially short-term interest rates rise, subprime mortgage repayment rates have also risen sharply, and the repayment burden on homebuyers has increased significantly.

At the same time, the continued cooling of the housing market has also made it difficult for home buyers to refinance their homes or mortgage homes. This situation directly led to the failure of borrowers of large batches of mortgage loans to repay their loans on time, which in turn led to the "subprime mortgage crisis". The source of the subprime mortgage crisis in the United States is that the real estate financial institutions in the United States relaxed lending conditions during the market boom and launched loan products that were loosened before and tightened later.

The root cause of the subprime mortgage crisis in the United States is the decline in the housing market caused by the Federal Reserve's interest rate hikes. As for the scope of the crisis: First, it is the many homebuyers with low incomes who have been hit.

Unable to repay their loans, they will face the difficult situation of having their homes repossessed by banks. Second, in the future, more subprime mortgage lenders will suffer serious losses due to failure to recover their loans, and will even be forced to file for bankruptcy protection. Finally, the U.S. and Europe will also be hit hard as many of the investments in the U.S. and Europe are heavily derived from subprime mortgages.

The "subprime mortgage crisis" in the United States will increase the possibility of violent turbulence, thus bringing challenges to the normal global financial order and even world economic growth.

1.The U.S. credit crisis (Lehman collapse), the unemployment of the people (Wall Street Movement), the import and export deficit (referring to China's manipulation of the exchange rate), the reduction of fiscal revenues (bipartisan dispute to raise the bond line to finance it), and the tightening of the market economy (QE). Some people say that Americans are lazy, think for yourself.

2.No one buys Chinese exports. At the recently concluded Canton Fair, orders from the United States decreased.

This is the time when companies need to accelerate their efforts to reform to the first two ends of the smile curve, namely sales and design, rather than foundry. In order to increase the added value of products, better improve competitiveness and selling price. and turn to other African, Latin, Southeast Asian markets.

Many garment companies have shifted to the domestic market.

3.**Can only withstand the pressure of exchange rate requirements**. Other policies are in the process of creating domestic inflation, but recently the loan was relaxed after the Wenzhou boss problem.

** Enterprises have been encouraged to transform and eliminate backward enterprises in policies, such as Guangdong Wang Yang's call. There have also been efforts to reduce tax rates, such as the recent change of business tax to value-added tax (VAT) in Shanghai. It also helps to reduce the cost of raw materials, and recently two oil bosses have been brought to control diesel **.

Specifically, in other respects, private companies help themselves to find orders.

One has influenza A, the other has the common cold, you say who's better first.

First of all, the most important point is that the standard currency of most countries in the world is the US dollar, and from the perspective of a market economy.

The United States is the most financially regulated place in the world (the advocate of financial liberalization), and a large number of entrepreneurial enterprises gather in the United States to invest, because the financial market in the United States has the strongest financing capacity, and the result is that the United States has the highest degree of capital financialization in the world.

Coupled with the fact that the lifestyle consumption model advocated by Americans is to consume in advance, almost all Americans are closely related to finance.

We know that the origin of the 08 financial crisis is the subprime mortgage crisis, and the root of the subprime mortgage crisis is the free housing loan in the United States, especially the "National Housing Improvement Plan" of George W. Bush, in order to implement this plan, with the help of the highly free financial industry in the United States to use a large amount of foreign capital, the result is that a large number of bad mortgages are derived, because almost every company in the United States is involved in finance, and is the source of financial products, so its real economy is the first to be affected. However, non-performing assets continue to amplify through financial leverage, and it is investors in the United States who suffer the most.