What the hell is going on with the financial crisis? What are the main implications? Does it have a

It's a little longer and too much detail to get to the point where you understand everything

The most important way for banks to make money is to lend, but there are many people in the United States who can't buy houses, because their reputation in the bank is very poor, and the bank doesn't give them loans, but when the property is very good, the bank thinks that the property is so good to lend to these people is actually relatively safe, because even if these people don't pay the loan at that time, the bank can still auction their houses to make up the bill, so many banks lend to these people, but the bank lends more, and the money he can invest himself is getting less and less. So he packaged these loans into bonds, and this is still a transaction-shaped high-interest bond (the interest received by the buyer is the interest received by the bank on these homeowners), these bonds seem to be very tasty, so they have become a lot of ** and investment bank portfolios, and the bank relies on"Two bedrooms"(that is, Freddie Mac and Fannie Mae, who were taken over by FEB) went to the bond market to issue bonds and then lend money after they had money, and then issued bonds, such a cycle, basically the loan can be packaged into bonds in 16 days, and many investment banks and individuals have bought a lot of these bonds to make portfolios. But when housing prices start to fall, no one wants these bonds, and when housing prices are lower, these houses can't redeem these bonds even if they are auctioned, and many of the investment banks and individuals who invest in subprime mortgages are low-interest state or personal financing to hold these bonds, so when the real estate in the United States starts to fall, these bonds are basically waste paper. But if the investment banks sell off completely, the market demand is not so big, so they can't run at all.

That's why it's the investment banks that fail, and although the banks still lose some money, the bad debts are swallowed up by the investment banks. There is also AIG, which has made the most trouble recently, they are doing insurance, and it seems that it should have nothing to do with subprime mortgages, but they have insured the subprime mortgage bonds in the hands of many investment banks, so as soon as Lehman fails, the subprime mortgages and foreign debts in their hands will be paid by AIG, and FEB, a company like AIG, cannot let it fall.

Therefore, because of a lot of losses and bad debts, many financial sectors have no money to turnover, so in the end, FEB has to inject capital to save these big institutions.

The impact on the people is that the country's GDP growth slows down, so the state may reduce spending, so some public facilities may not be greatly improved, and in the same way, because the investment environment is not good, the investment of enterprises will be less, so there may be layoffs, so because of the decrease in demand, the price index will be reduced, which is very good.

After the financial crisis, it will inevitably lead to the collapse of some financial institutions and banks! As soon as these institutions go out of business, then the people's money will depreciate like the Thai baht in '97! Moreover, there are no banks and these financial institutions, the factory goes to find capital, and the factory's efficiency is not good, either the salary is cut or the staff is laid off!

Pure personal opinion!

There are no direct financial shocks, but the economy is now moving towards an era of global integration. We can't avoid the financial crisis much, and the most obvious manifestation of this is the sharp depreciation of our renminbi.

To put it simply, prices are rising rapidly, and everyone is sad.

A financial crisis is when the economy suffers a major blow and there is a problem with the circulation of money, leading to the collapse of banks and other financial institutions.

The impact is wide-ranging, **, real estate, supply and demand, and prices will all be impacted.

It is necessary to treat the common people differently, and the common people generally have little contact with financial investment, and the losses are not large. So the people can take the opportunity ****, which is also an opportunity.

1. The sharp depreciation of financial currencies, such as the previous Venezuela**, the beginning of inflation. This is why the exchange rate of the renminbi has been rising before, and whether it will break seven books has made many friends worried. Because the rise of the foreign exchange rate means that the renminbi is depreciating, if it continues to depreciate, it will naturally not be a good result.

2. The collapse of banks and financial institutions, the previous wave of P2P failures actually belonged to the category of financial crisis, but it was controlled in time. Some friends may not know the situation that banks will fail, just because China's financial control is relatively in place. In addition, the aforementioned wave of P2P bankruptcies is, to a certain extent, a malicious market behavior, so the chaos was quickly quelled after the state controlled it.

3. The ** of a certain financial asset can be understood here as the **, real estate, which are common asset investment areas. Once there is a house price and ** at the same time**, this is not a good news, but a very bad news and phenomenon. The irrepressible emergence of ** in these two major areas ultimately needs to be paid by the whole people.

4. The country's economic structure is single, and various debt crises have begun to erupt. In the end, the outbreak of the financial crisis is the outbreak of the debt crisis, and the simpler thing is that the money owed cannot be repaid, and if one party fails to pay it, there will be a funding gap one after another, and everyone will naturally collapse if they have no money. Therefore, the renminbi has always been on its own path and has improved its international status so that it will not be restricted by foreign currencies.