What was the impact of the 2008 financial crisis on students in the 2007 cohort 20

It's hard to find a job because there is a large working population.

The biggest impact is employment.

In the financial crisis of 2008, I sold my house and bought **, and I lost 4 million! Have you ever sinned?

The economy of the whole world is in chaos, think for yourself, how serious it is.

Financial crisisThe financial crisis is the rapid growth of the means of production, but the circulation of banknotes is too small to make industrial products circulate in the society, resulting in a backlog of goods, the rupture of the capital chain, a vicious circle, the formation of a domino effect, the emergence of a financial crisis, the crisis in 2008 also happened like this.

Definitions

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.

The financial crisis is 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.

The impact of the 2008 world financial crisis on the world is as follows: In the global financial turmoil, the import and export industry on the cusp of the storm has been hit most directly and seriously.

Further information: Finance (finance, finaunce) is an economic activity in which market players use financial instruments to flow funds from the surplus to the scarce side. Finance is a general term for monetary and financial integration.

the disbursement and recovery of loans; Bank accounting, cashier, transfer, settlement, insurance, investment, trust, leasing, exchange, discount, mortgage, purchase and sale, as well as international and non-settlement between traders, trade, export, import, etc. Late sale of grandchildren.

The content of finance (finaunce, finance) is summarized as the issuance and withdrawal of currency, the absorption and payment of deposits, the issuance and payment of loans, the purchase and sale of gold, silver and foreign exchange, the issuance and transfer of valuable money, insurance, trust, domestic and international currency settlement, etc.

Institutions engaged in financial activities mainly include banks, trust and investment companies, insurance companies, companies, investments, credit cooperatives, financial companies, financial asset management companies, postal savings institutions, financial leasing companies, as well as gold and silver, foreign exchange exchanges, etc.

The concept of economics is much broader than finance, which is a small branch of the economy that has its own focus. Economics is a first-level discipline, and finance is a second-level discipline.

It is relatively macroscopic, and it has a negative impact on all aspects of the economy, including industry, agriculture, code chains, etc. Finance is simply the study of the financial aspects of a country's economy, such as currency, **, financial markets, etc.

Professor Xiong Deping of the Business School of Ningbo University in his national social science research report "Research on the Mechanism and Model of Coordinated Development of Rural Finance and Rural Economy" [passed the acceptance appraisal in June 2005 and won the excellent grade, and was invited to report the results to the party and state leaders, which attracted great attention and made important instructions.

The impact of the '08 financial crisis on China is as follows:

1. Exports have declined, and the real economy has been damaged.

Among China's exports to the United States, labor-intensive products such as textiles, shoes and socks, and low-end daily necessities account for a considerable proportion. The main consumer group of these products is the middle and low income class of the United States, who have suffered a lot of losses in this financial crisis, which will certainly affect the export of these products to the United States to a large extent.

At the same time, China's exports of these labor-intensive products mainly rely on the best advantages to compete with other developing countries, due to the weakening of the dollar and the appreciation of the RMB brought about by the financial crisis, so that the advantages of Chinese enterprises are no longer there, and exports are further inhibited.

2. Small and medium-sized enterprises have closed down, and the number of unemployed workers has increased.

The most affected by the international financial crisis are labor-intensive enterprises in the southeast coastal areas. The bankruptcy and closure of these enterprises mainly led to the unemployment of low-end workers in the labor market, mainly migrant workers, but also some urban workers.

The impact of the financial crisis on small and medium-sized enterprises (SMEs), which are the main force in solving China's employment, has been very significant. The impact of the financial crisis on China has only just begun, and if it is not effectively controlled, the negative effects on the overall employment situation will become more and more obvious.

3. Ups and downs, and the interests of shareholders are damaged.

External turmoil is the main factor affecting A-shares, and the depth and breadth of the U.S. financial crisis restricts the stabilization of global stock indexes, including A-shares.

Information on the expansion of the slag exhibition:

The direct triggers that led to the occurrence of the financial crisis are as follows:

1) The impact of upstream capital in the international financial market. There are approximately $7 trillion in liquid international capital worldwide. Once international speculators find out which country or region is profitable, they will immediately impact the currency of that country or region through speculation in order to make huge profits in the short term.

2) Improper foreign exchange policies in some Asian countries. In order to attract foreign investment, they have maintained a fixed exchange rate on the one hand, and expanded financial liberalization on the other, which has provided an opportunity for international speculators to take advantage of. For example, Thailand lifted the control of the capital market in 1992 before its own financial system was straightened out, allowing the flow of short-term funds to flow unimpeded, and providing conditions for foreign speculators to speculate on the Thai baht.

3) In order to maintain a fixed exchange rate system, these countries have used their foreign exchange reserves to cover their deficits for a long time, leading to an increase in external debt.

4) The structure of the external debt of these countries is irrational. In the case of a large amount of medium- and short-term debt, a country's currency depreciation is inevitable once the outflow of foreign capital exceeds the inflow of foreign capital, and the country's foreign exchange reserves are not enough to make up for the shortfall.