What does the financial crisis mean?

In a big country like the United States, finance is very developed, that is, banks are very important, and many enterprises have to take out loans to maintain basic capital operations. The first incident, the bank lent money to civilians to buy houses, and there was a subprime mortgage crisis, that is, the bank could not recover the money lent out; The second event is that a financial crisis will occur when the bank runs out of money, that is, the bank itself has no money and cannot continue to operate; The third event is that banks run out of money, companies run out of money to circulate, and an economic crisis will occur. For large companies, after there is no money to operate, shareholders will throw away **, and the company will also fall.

A financial crisis, also known as a financial turmoil, refers to a sharp, short-lived and super-cyclical deterioration of all or most of the financial indicators (such as: short-term interest rates, monetary assets, **, real estate, land (**), business bankruptcies and financial institution failures) in a country or several countries and regions.

Features. It is characterized by the expectation that the future of the economy will be more pessimistic, and the currency value of the entire region has depreciated by a large extent, and the total economic volume and economic scale have suffered large losses, and economic growth has been hit. It is often accompanied by a large number of business closures, rising unemployment, a general economic depression in society, and even sometimes even social unrest or unrest at the political level of the country.

You really don't know! Or are you pretending to be confused?

Answer: Hello, financial crisis refers to the crisis of financial assets, financial institutions, and financial markets, which is often accompanied by a large number of business failures, increased unemployment, general economic depression in society, and sometimes even social unrest or national political turmoil. The essence of a financial crisis is a lack of liquidity, and the solution to the financial crisis is to ensure the liquidity of the market without causing inflation and currency depreciation.

First, the impact of the financial crisis

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. U.S. consumer spending accounts for more than 70% of GDP, with domestic consumption in the U.S. accounting for about $10 trillion in 2007, compared with about $1 trillion in China during the same period.

In the short term, the increase in China's domestic demand cannot compensate for the decline in the U.S. economy's demand for imports from China. It is estimated that for every 1% drop in the US economic growth rate, China's exports to the US will fall by 5% to 6%. Second, the subprime mortgage crisis further strengthened the dollar's weak position and accelerated the rate of depreciation of the dollar, thereby reducing the advantage of export products.

The U.S. Federal Reserve's continuous reduction of interest rates and the injection of liquidity funds into banks contradict China's tight monetary policy, resulting in a large amount of hot money flowing into China, accelerating the process of dollar depreciation and RMB appreciation, thereby reducing the advantages of China's export products and challenging exports to the United States. Under the influence of the above factors, China's exports are showing signs of deceleration. In the first half of the year, China's export growth continued to decelerate.

In terms of export value, the year-on-year growth in the first half of the year was nearly 6 percentage points lower than the growth rate of the same period in 2007; In terms of export volume, the year-on-year growth in the first half of the year was also significantly lower than the growth rate in the same period in 2007. In addition to the decline in the number of exports, the default rate of overseas companies has also begun to rise due to the impact of the financial crisis, and the external credit environment of export companies has further deteriorated. According to the statistics of the Zhejiang branch of China Export & Credit Insurance Corporation, the amount of loss reports received in the first five months was as high as 30.34 million US dollars, a year-on-year increase of 80%; Compensation paid was $8.95 million, representing a year-on-year increase.

Among them, the number of claims in 2008 increased compared with the same period in 2007, and the overseas bad debt ratio of local enterprises increased by about 268%.

Financial crisis refers to the crisis of financial assets, financial institutions, and financial markets, which is manifested in the substantial collapse of financial assets or the failure or verge of failure of financial institutions, or the failure of a financial market, such as the bond market.

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.

If there is a financial crisis, then many financial assets will be greatly affected, but some people do not know much about the financial crisis, and will have doubts, what does the financial crisis mean? What is a financial crisis? Relevant content has been prepared for your reference.

Financial crisis generally refers to the crisis of financial assets, financial institutions, and financial markets, which is generally manifested as a large number of financial assets, the failure of financial institutions, or the bond market, etc.

During the financial crisis, there will generally be a large number of business closures, many people will lose their jobs, and then the unemployment rate will increase, which will have a certain impact on people's lives, under the financial crisis, money will become worthless, and people's purchasing power will also decline.

Financial crises can generally be divided into currency crises, debt crises, banking crises, subprime mortgage crises and other types, when a financial crisis occurs, it will affect the entire financial system, for example: the economic crisis that occurred on September 15, 2008 triggered the global economic crisis of the financial crisis.

If the real financial crisis comes, the social economy will definitely be hit by a certain blow, so it is very important to keep their jobs, as long as you have a stable job, you will have a stable fixed income, in this way, you can also cope with the most important daily life expenses, it can also be said to be an effective way to resist the financial crisis, if the funds on the body are sufficient, you can also buy a certain amount of financial management or ** to maintain value, but investment will also be risky, investors in the purchase, Also think carefully.

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

2. Systemic financial crises refer to those 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, and the financial crisis that broke out on September 15, 2008 and triggered the global economic crisis.

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

Systemic financial crises are those that affect the entire financial system and even the entire economic system. The financial bridge nuclear 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 the unemployment rate, and a general economic depression in society.

Financial crises can be divided into currency crises, debt crises, banking crises, subprime mortgage crises, and other types. The more the financial crisis looms, the more it takes on a hybrid form. The financial crisis also had a direct impact on the lives of individuals.

Inflation, business closures, and economic hardship have reduced people's ability to pay, which not only increases the number of people who cannot afford to pay their mortgages, but also greatly reduces the quality of life for many people.

The above content reference: Encyclopedia - Financial Crisis.

A financial crisis, also known as a financial turmoil, refers to a sharp, short-lived, and super-cyclical deterioration of all or most of the financial indicators of a country or several countries and regions.

A financial crisis refers to a situation in which all or most of financial indicators such as interest rates, exchange rates, assets**, corporate solvency, and financial institution failure indices deteriorate, making it impossible to continue normal investment and financing activities.

The debt ceiling refers to the maximum debt sustainability of a particular institution under normal operations, and the maximum debt sustainability is the balance after deducting the inherent expenses according to the ratio of income to management.

A financial crisis, also known as a financial turmoil, refers to all or most of the financial indicators (e.g., short-term interest rates) in a country or several countries and regions

Banks in the United States lend a large amount of money to people who cannot afford to repay their loans, forming a subprime mortgage crisis, a domino effect, leading to a financial crisis. A financial crisis is a crisis in the banking system, where a large number of loans cannot be repaid, and more people withdraw money, and banks go bankrupt. This is the case in Western countries now.

To put it bluntly, it is caused by borrowing over the years.

And the savings rate of Americans has always been very low, young people have less money, but they spend more, so young people borrow more money to spend.

Credit card consumer loans, investment loans, the United States, the local economy is developed, and the perfect credit system enables almost all people to rely on borrowing money to complete their consumption. The consumption rate has been around 70% for a long time, the investment rate is about 15%, and the export rate is negative. What kind of situation do you think?

You used the money you borrowed this time to pay off the last credit, and the salary you just paid has to pay the ...... of the loan this timeYou live in an infinite loop of days of repaying money and repaying money all your life......

The encyclopedia says it very clearly.