Is this year s financial crisis still bad?

It's very powerful, and it won't necessarily bottom out this year.

This year's financial crisis is improving! The economy is slowly recovering from a severe recession!

The financial crisis will continue this year.

The most recent economic crisis should have been the financial crisis that erupted on 15 September 2008 and triggered the global economic crisis.

1. Cause: U.S. financial institutions blindly issue mortgage loans to subprime credit home buyers. As interest rates** and house prices fell, subprime mortgage defaults continued to rise, culminating in the subprime mortgage crisis in the summer of 2007.

The crisis led to the collapse of companies and institutions that overinvested in subprime derivatives and triggered a severe credit crunch around the world.

2. Outbreak: The subprime mortgage crisis in the United States eventually triggered a global financial crisis. In September 2008, the bankruptcy of Lehman Brothers and the takeover of Merrill Lynch marked the beginning of a full-blown financial crisis.

3. Big events.

On September 15, 2008, Lehman filed for the largest bankruptcy protection debt in U.S. history, exceeding $613 billion.

On September 16, 2008, Bank of America acquired Merrill Lynch, the third-largest investment bank in the United States with a history of 94 years, for about $44 billion, and the price was only 30% of the peak price of Merrill Lynch.

On September 17, 2008, less than two days after Lehman Brothers filed for bankruptcy protection, the Federal Reserve of the United States took over the group by announcing an emergency loan of $85 billion to the ailing American International Group (AIG).

Let's take a look at the economic crisis today, the financial crisis of 2008, which has not disappeared to this day, is still affecting the global economy, affecting the lives of businesses and residents. It has been a full decade since the crisis began, and a few developed countries, including the United States, have also entered the channel of economic recovery, and the economic situation of other countries has been improving.

Let's take a look at the root causes of financial crises and economic crises because of the intensification of the inherent contradictions in the social economy. When the gap between the rich and the poor in society is too large, resulting in relative overproduction, the profits of the real economy decline or even become negative in an all-round way, and capital will pour into the financial market, resulting in a false prosperity in the market, and without the support of real profits, the bubble in the financial market will eventually burst, so the crisis occurs.

Again, the greater the gap between the rich and the poor in society, the higher the proportion of capital income in national income, and the more "gambling capital" there is in the financial market, the more likely it is that crises will occur, and the greater the harm after the crash. The imperfection of economic theory, the existence of industrial cycles and the current credit and monetary system are all reasons for the occurrence of economic crises, as long as these problems exist, then the crisis will exist, it is only a matter of time before it is not 2018 then it may also be in the year. The economic crisis will not be absent, only late.

It's hard to say, because if you see it, it's not a crisis!

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.

No, it should be said that this year is the time to reflect the impact on the real economy.

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.