Has the financial crisis caused a decrease in the total wealth of society?

It's a very philosophical question, matter-value-**. The value of a substance will change according to its use value, which is directly proportional. In this respect, if its use value does not change, then the total wealth naturally does not change.

But matter always appears in front of our eyes in the form of **, which will change according to the value of the material itself and the laws of economy. The financial crisis has caused the rise of material goods, people's desire to buy has declined, the use rate of materials has decreased, and the use value has naturally decreased. The total wealth of society is created by people, and when people's purchasing rate decreases, the total wealth of society decreases.

Where does wealth come from. - Resources. As for whether the wealth has decreased, I don't think we need to study it in depth, as long as we make reasonable use of resources and convert the previous waste into practical ones, wealth will naturally come.

Like you said; Economics is very "mysterious"...

The total wealth of society has decreased.

The most intuitive thing about the financial crisis is that it causes a variety of assets. From your question, the total wealth of society includes the sum of the value of various consumer goods, services, assets (both tangible and intangible).

Here's how the crisis caused the wealth to shrink:

1.Assets come first, making wealth impaired. At the same time, everyone is short of money, so they cut back on consumption and investment.

2.The decline in consumption has further led to a further decline in the demand for consumer goods and services. The basis of economics - demand falls, ** also falls. Therefore, the decline in consumer goods has caused the profits of manufacturers to decline, and the second step of wealth has shrunk.

3.After the reduction of investment, the manufacturer does not have the funds to further produce, and at the same time the profit decreases (see the second step), which exacerbates the manufacturer's losses and makes the manufacturer's assets ** further **. (manifested as a loss of the company, ******).

If the cycle is formed, the wealth of society will continue to decrease.

The crisis erupted, but it continued. The whole world has lost money, where does the money go? "If it's a natural disaster, the consequences can be a total loss, but if a disaster is man-made, there must be potential big winners, usually crisis makers.

p. 57 of this book) "The risks and costs were passed on to the world through subordinated debt and other means, and after the financial crisis, people will find that the world's purchase of financial derivatives such as subordinated debt not only helped the United States build a public housing system, but also helped the United States squeeze the bubble in real estate, and also took most of the costs and risks of squeezing the bubble." (p. 85) If there is any doubt about the expression "**", then the author further reveals the internal reason why the United States ** did not save Lehman Brothers and saved Bear Stearns and AIG: it is nothing more than that Lehman Brothers has borrowed money from all over the world.

And what's even more odious is that he has gone bankrupt and struggled for months, desperately borrowing money, and pulling people all over the world. Why, then, should we be saved? A wolf will never spit out the meat that has been swallowed in its mouth.

Excerpt from: "Deafening, needle-to-point."

Analysis: According to ** as the judgment criterion, the total wealth has decreased. According to the physical material wealth as the criterion, the total wealth has not changed, but it is just converted in the hands of different people.

Everything has a cycle.

Summary. The financial crisis is increasingly manifested as global financial risks and instability in the field of Internet finance. With the acceleration of globalization and the increasingly close economic ties between countries, the financial crisis is no longer a problem of one country or region, but has become a common challenge for the entire world financial market.

Once there is a crisis in a major economy or financial market in the world, it will easily cause a chain reaction in other countries and regions, which will have a significant impact on the global financial market and the world economy. In addition, with the rapid development of Internet finance, the frequent emergence of financial innovation has also brought certain challenges to the stability of the financial market. The model and business characteristics of Internet finance are highly transformative, but there are also certain risks and uncertainties, such as data security issues and lack of supervision.

Therefore, in the field of Internet finance, sound and prudent management and effective supervision have become particularly important to ensure the safety and stability of the financial market.

Let me give you a detailed discussion.

Fellow, I really didn't understand, I can be more specific.

The financial crisis is increasingly manifested as global financial risks and instability in the field of Internet finance. With the acceleration of globalization and the increasingly close economic ties between countries, the financial crisis is no longer a problem of one country or region, but has become a common challenge for the entire world financial market. Once there is a crisis in a major economy or financial market in the world, it will easily cause a chain reaction in other countries and regions, which will have a significant impact on the global financial market and the world economy.

In addition, with the rapid development of Internet finance, the frequent emergence of financial innovation has also brought certain challenges to the stability of the financial market. The model and business characteristics of Internet finance are very transformative, but there are also certain risks and uncertainties, such as data security problems, and the lack of early management of the supervisory group. Therefore, in the field of Internet finance, sound and prudent management and effective supervision have become particularly important to ensure the safety and stability of the financial market.

1. The financial crisis does not mean that all industries will fall into a trough period, there will always be some specific industries that will flourish during this period. Two:

Three: the country's macroeconomic regulation and control will produce a large number of business opportunities, and seizing this business opportunity means that there is capital to become rich.

During the financial crisis, many people will sell their cars and houses to alleviate the current economic pressure and life pressure. And this time,People who have more cash flow will use below-market ** to buy these cars and houses that have been sold. When the economy recovers, you will make a lot of money by reselling these things!

That's why most people are poor and some are rich.

If you look closely, you will find that in the financial crisis, there will be many rich people who choose to exchange their money for gold nuggets, houses and other things that are more valuable. Because money may slowly depreciate after the financial crisis, however, gold nuggets and houses are relatively valuable things that will hardly be affected by the financial crisis. Even if there is an impact, it will be temporary, and when the global economy recovers, the price of these things will still rise!

Actually, this is not a rich man's mindset. It's just that when you have a certain amount of assets, your operability is greater than that of the poor.

I read a book before, which talks about "rich people's thinking" and "poor people's thinking"."If you don't have any money in your hands, food and clothing will be a problem, how can you invest?

The recession is relative to the majority of people in society, and the really rich people may be the time when they earn more during the financial crisis.

Especially for those who had less debt before the financial crisis and had a lot of cash in hand, the financial crisis is just a concept of time in their eyes, and after this period of time, it is the time when they earn and their eyes shine.

The financial crisis can always pass, those individuals and enterprises with low debt and high cash flow before the financial crisis, swallowed up a lot of assets at a low price in the process of the crisis, and after the financial crisis, the economy picked up, and the assets of the annexation appreciated wildly, which will have a large number of rich people long ago, and their assets will be doubled or even multiplied, so as to get rich.

Although the financial crisis will cause everyone to recession, there will always be some unusual people who will find another way to get greater value from it, and when the economic crisis passes, these people will make a lot of money.

From the perspective of survival of the fittest, the financial crisis has only eliminated backward production capacity, and even developed into an economic crisis, accelerating the elimination of backward production capacity. However, in the face of the crisis, even high-quality enterprises will be affected, and even the affected area is comprehensive. In the face of the financial crisis, all kinds of assets will be presented, whether it is real estate, resources or resources, because the liquidity of market funds is reduced, or even depleted, without better liquidity, often the bubble will be punctured, housing prices, stock prices, and resources will follow.

I think it's because the economic situation is very chaotic during the economic crisis, and the so-called heroes emerge in troubled times, and experienced people will seize the opportunity and accumulate wealth when there is chaos. Causing the poor to get poorer and the rich to get richer.

Personally, I think that because of the financial crisis, the economic situation is chaotic, the so-called troubled times produce heroes, people with experience and brains will seize the opportunity, accumulate wealth, and make a lot of money, so the poor become poor, and the rich become richer.

The decline of an era. There will inevitably be the rise of another era. This is the law of economics. It's also a survival game.

Finance is all about speculation, and there will always be some people who will seize the moment and there will always be some people who will fail.

The financial crisis is a problem in distribution!

The market is still the market!

The immediate cause of the storm in the U.S. subprime mortgage market is 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 U.S. subprime mortgage market typically uses a combination of fixed and variable rate repayments, where homebuyers repay their loans at a fixed rate for the first few years after home purchase, and then at a variable rate.

In the five years leading up to 2006, the U.S. subprime mortgage market grew rapidly due to the continued boom in the U.S. housing market and the low level of U.S. interest rates in previous years.

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 housing. This situation directly led to the failure of borrowers in large batches of mortgage loans to repay their loans on time, which in turn led to the "subprime mortgage crisis".

Why are so many subprime loans being lent out? There are several reasons for this. I'm just talking about it from bank executives.

In addition to the basic salary, the salaries of Western bank executives are also added to business bonuses and other funds, and through such loans, the bank's transaction volume will increase significantly, and the executives will receive more. Some time ago in the United States, when the president of a bank was forced to resign, he also got $100 billion! In this sense, it is caused by the selfishness of their executives who ignore the market.

To give you the most popular saying, it is caused by the subprime mortgage in the United States, and China is now following the cold and fever!

Subprime mortgages, there is a time in it, you also know that it is a loan from a person with a bad reputation, how can you get a loan if you have a bad reputation, the loan in the United States is mainly manifested in the property market, because they firmly believe that people with bad credit, if they can't afford to repay the loan, can get the house back! But oh my God, there are unforeseen circumstances, and the property market is also determined according to the market, just like the parabolic jujube line, there are ups and downs, and when it falls, it becomes that people can't afford to repay the loan, and when they take back the house, the house is no longer worth anything. Those bonds that used to be issued in large quantities are now completely bad debts, leading to a serious financial crisis!

There's no way around it.

First of all, the reference you mentioned "how many trillions of wealth has evaporated from the global financial crisis" is flawed, and it should be clear in what period; Secondly, what is capital? Capital, in an economic sense, refers to the basic factors of production used for production, that is, material resources such as capital, plant, equipment, and materials. In the field of finance and accounting, capital is often used to represent financial wealth, especially financial assets used to do business and set up a business.

In a broad sense, capital can also be used as a general term for various socio-economic resources for human beings to create material and spiritual wealth.

Capital is value in motion. Capital is a relation of production, a class relation, and a value in motion. The movement of capital is an expression of class relations.

The bourgeois economists described capital as a static thing, while Marx understood capital as movement. Once capital stops moving, it loses its vitality. Therefore, it is only in constant motion that it is able to extract surplus value continuously.

The movement of capital is manifested in the cycle of capital; The cycle of recurrence is the turnover of capital. Capital takes three forms in the cycle: money capital, production capital, and commodity capital. The function of money capital is to prepare for capitalist production, the function of productive capital is to produce surplus value, and the function of commodity capital is to realize surplus value.

Only when capital smoothly transforms from one form to another, through the three stages of purchase, production, and sale, can surplus value be produced and realized. The circulation of capital is the unity of the production process and the circulation process, the unity of three forms and three stages, and the capital that constantly takes and discards these forms in the general cycle and performs the corresponding functions in each form is industrial capital. In order to guarantee the continuity of production, industrial capital must be divided into three parts in a certain proportion, taking three forms at the same time and each completing its own cycle:

The circulation of money capital, the circulation of productive capital, and the circulation of commodity capital. The continuous cycle of industrial capital is not only the unity of the production process and the circulation process, but also the unity of the three cycles. It can be seen that capital, as a self-proliferating value, not only contains the class relations of exploiting wage labor, but also a movement.

It is a cyclical process that goes through three different stages, and this cyclical process itself contains three different forms of circulation. Therefore, capital can only be understood as motion, not as a thing at rest. The main body of the movement of capital is value, and capital can be called value in motion, in which capital constantly changes its form and multiplies itself.

Finally, under the influence of the global financial crisis, the evaporated wealth is mainly lost through inflation, bubble economy, high-risk investment, etc.

Do you understand this analysis? I typed it all out by myself, and I was satisfied.