What is the trend of the current world economic crisis?

The current financial crisis caused by the United States has had a far-reaching impact on the development of the international economy, and no one can accurately predict when the international economy will come out of the trough. Because there are so many uncertainties in it. The crisis in the Middle East, the oil crisis, the crisis in US-Russian relations, the world food and war crisis, and the spread of the H1N1 influenza virus this year.

So many factors are influencing the recovery timetable of the world economy. However, most economic experts believe that the world economy has bottomed out and will begin to show signs of recovery as early as the second half of this year. Of course, there are also some experts who are cautious about the international economic recovery, and they believe that the world economy will linger at a trough for a while before recovering.

China will play an important role in the recovery from this economic crisis, and its contribution to the world economy will surpass that of the United States, although it will only be temporary. One thing is for sure, China's economic recovery will be earlier than the world economy.

As far as the current economic crisis is concerned, it will have little impact on the world pattern, the world pattern will not change much, and the developed countries of Europe and the United States will still play the leading role, and the BRIC countries and other emerging economies do not have the strength to compete with the Western powers. The reasons for this are as follows:

1: With the globalization of the economy, due to the domino effect, it is difficult for a certain country or region to be immune to its own strength. For example, if Lehman Brothers went bankrupt in the United States, how many Chinese investors lost all their money?

2: The hundred-legged insect dies but does not stiffen, after all, the United States is an old capitalist country, and its ability to engage in risks is stronger, and a temporary crisis will not hurt its muscles and bones. American workers can receive unemployment benefits after losing their jobs, and they can have no worries about food and clothing, which is much better than our migrant worker brothers.

3: The United States is destroying the production of a virtual economy, which has the greatest impact on developing countries, especially countries like China, which are highly dependent on exports. The impact of these crises on European countries is smaller, first, because their economic foundation is good, and second, because Europe has established the European Union, which has increased its ability to resist risks.

To a certain extent, the bankruptcy of the United States can be described as an act of default.

It can be seen that the crisis will not have much impact on the world pattern.

In the process of climbing from the bottom to the top, it is said that China and the United States are the leaders.

The characteristics of the economic crisis include:

1. The contemporaneity of the world crisis.

It refers to the fact that after the Cold War, the capitalist world market developed unprecedentedly, and the trend of internationalization of production and capital represented by transnational corporations became an irresistible historical trend, and because the economic relations between certain regions and certain countries were particularly close and had common interests, regional alliances of monopoly capitalism of some countries were formed after the war, such as the European Economic Community, which led to the global economic crisis tending to be consistent, and during the contemporaneous world economic crisis, some major capitalist countries were in crisis. No one can save anyone, and they have passed on the crisis to each other, aggravated the contradictions and struggles between them, and prolonged the crisis.

2. Crises are frequent and the cycle is short.

Marx says that the cycle of capitalist economic crises is about 10 or 11 years, and that this number is variable and will gradually shorten.

3. Prices during the crisis**.

Whenever an economic crisis breaks out, the capitalist countries increase their spending and lower the discount rate and the reserve ratio, with the result that the amount of money continues to increase, causing serious inflation. Inflation changes the cyclical fluctuations of the amount of money, so that it no longer contracts massively during the crisis, as it did before the war, but continues to grow, so that it forms a force that drives prices.

Deflation and inflation alternate, and deflation leads to a world economic crisis. The larger ones have two times with positive losses:

1. The world economic crisis of 1929 and 1933 was mainly represented by Britain, France and other European and American capitalist countries.

2. Due to the development of high technology, the economy has rapidly dismantled and overheated, and products have been produced, but the consumption capacity has not kept up, resulting in a rising national deficit and slow economic development or even stopped developing.

2. Since 2015, there has been overcapacity, resulting in unsalable products. Mainly on behalf of the country China and developing countries, a large area of production enterprises stools and jujube industry closed down, leading to economic downturn.