In recent years, the major financial events at home and abroad, European debt, and the 08 financial

1970 stagflation.

In 1973, the supply shock caused by the oil crisis led to economic stagnation in the United States, which was accompanied by high inflation, unemployment, and recession.

Black Monday, 1987.

In 1987, deteriorating economic expectations and rising tensions in the Middle East led to the collapse of Wall Street. The S&P is down 20%**, the worst time in Wall Street's history.

The 1994 Mexican financial crisis.

From 1994 to 1995, Mexico experienced a financial crisis in which the peso exchange rate plummeted and the peso plummeted. Affected by it, not only Latin America, but also the European ** index, the Far East index and the world's ** index appear to varying degrees**.

The 1997 Southeast Asian financial crisis.

On July 2, 1997, Thailand announced the introduction of a floating exchange rate system, and on the same day, the exchange rate of the Thai baht against the US dollar fell by 17%, triggering a financial turmoil throughout Southeast Asia. As a result, the foreign exchange markets of many Southeast Asian countries and regions have been seriously traumatized, and the financial system and even the entire social economy have been severely traumatized.

The 2007 U.S. subprime mortgage crisis.

The "subprime mortgage crisis" originated from the "zero down payment" policy in the United States, and began to sweep the world's major financial markets such as the United States, the European Union, and Japan in August 2007. The subprime mortgage storm in the United States has set off wave after wave, the US financial system is crumbling, and the world economy is facing tremendous pressure, which is still a hot spot of international concern.

Standard & Poor's downgrades U.S. sovereign credit rating

First, the specific reasons.

1. The gap between the rich and the poor is too large: the capitalists are blindly expanding production, the people are relatively poor, and their purchasing power is lower than that of Suizhou.

2. The excessive expansion of credit consumption has caused a false prosperity in the market and exacerbated the contradiction between production and sales.

3. Excessive speculation, unable to reflect the actual situation of economic operation, resulting in false economic prosperity and covering up contradictions.

4. The influence of laissez-faire economic ideology has kept the entire social production in a state of non-existence.

2. Root causes.

The contradiction between the socialization of production and the private ownership of the means of production is the basic contradiction of capitalist society.

3. Direct causes.

** Speculation is rampant, covering up the contradiction between production and sales.

Fourth, policy reasons.

Domestic policy failures, namely economic crises, are the product of laissez-faire policies.

Summary. The impact of the 2008 financial crisis on China was enormous. China's exports have declined, foreign trade has shrunk sharply, foreign exchange reserves have been sharply reduced, and monetary policy has also been affected.

In addition, China's financial system has also been impacted, with the capital adequacy ratios and asset quality of financial institutions affected. China** has taken a series of measures to deal with the financial crisis, including implementing fiscal policy, implementing monetary policy, improving financial supervision, and supporting financial institutions. At the same time, China** has also taken a series of measures to support the real economy, including tax and fee reductions, support for small and micro enterprises, and support for the rural economy.

Overall, China** has taken a series of measures to deal with the 2008 financial crisis, with good results. China's economy has recovered rapidly since 2009, and its economic growth rate has reached a record high.

The impact of the 2008 financial crisis on China was enormous. China's exports have declined, foreign trade has shrunk sharply, foreign exchange reserves have been sharply reduced, and monetary policy has also been affected. In addition, China's financial system has also been affected, with the capital adequacy ratio and asset quality of financial institutions being affected.

China** has taken a series of measures to deal with the financial crisis, including implementing fiscal policy, implementing monetary policy, improving financial supervision, and supporting financial institutions. At the same time, China** has also taken a series of measures to support the real economy, including tax and fee reductions, support for small and micro enterprises, and support for the rural economy. Overall, China** has taken a series of measures to deal with the 2008 financial crisis, with good results.

China's economy has recovered rapidly since 2009, and its economic growth rate has reached a record high.

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

The impact of the 2008 global financial crisis on China was enormous. As a result of the global financial crisis, China's exports, investment, and consumption have all been affected, and economic growth has also fallen sharply. Reason:

1.U.S. Subprime Mortgage Crisis: In 2008, the U.S. subprime mortgage crisis erupted, causing turmoil in global financial markets, including China.

2.China's economic structure is irrational: China's economic structure is irrational, with excessive investment and insufficient consumption, resulting in slow economic growth.

Solution:1Strengthening financial supervision:

Strengthen financial supervision, prevent the spread of financial risks, and stabilize the financial market. 2.Speed up structural adjustment

We should speed up structural adjustment, increase consumption, reduce investment, and increase the rate of economic growth. Personal Tips:1

Strengthen the study of financial knowledge: It is necessary to strengthen the study of financial knowledge and understand the changes in the financial market in order to respond to the financial crisis in a timely manner. 2.

Strengthen risk awareness: It is necessary to strengthen risk awareness, do a good job in risk prevention, avoid investment mistakes, and protect the safety of their property.

The impact of the '08 financial crisis on China is as follows:

1. Exports have declined, and the real economy has been damaged.

Among China's exports to the United States, labor-intensive products such as textiles, shoes and socks, and low-end daily necessities account for a considerable proportion. The main consumer group of these products is the middle and low income class of the United States, who have suffered a lot of losses in this financial crisis, which will certainly affect the export of these products to the United States to a large extent.

At the same time, China's exports of these labor-intensive products mainly rely on the best advantages to compete with other developing countries, due to the weakening of the dollar and the appreciation of the RMB brought about by the financial crisis, so that the advantages of Chinese enterprises are no longer there, and exports are further inhibited.

2. Small and medium-sized enterprises have closed down, and the number of unemployed workers has increased.

The most affected by the international financial crisis are labor-intensive enterprises in the southeast coastal areas. The bankruptcy and closure of these enterprises mainly led to the unemployment of low-end workers in the labor market, mainly migrant workers, but also some urban workers.

The impact of the financial crisis on small and medium-sized enterprises (SMEs), which are the main force in solving China's employment, has been very significant. The impact of the financial crisis on China has only just begun, and if it is not effectively controlled, the negative effects on the overall employment situation will become more and more obvious.

3. Ups and downs, and the interests of shareholders are damaged.

External turmoil is the main factor affecting A-shares, and the depth and breadth of the U.S. financial crisis restricts the stabilization of global stock indexes, including A-shares.

Information on the expansion of the slag exhibition:

The direct triggers that led to the occurrence of the financial crisis are as follows:

1) The impact of upstream capital in the international financial market. There are approximately $7 trillion in liquid international capital worldwide. Once international speculators find out which country or region is profitable, they will immediately impact the currency of that country or region through speculation in order to make huge profits in the short term.

2) Improper foreign exchange policies in some Asian countries. In order to attract foreign investment, they have maintained a fixed exchange rate on the one hand, and expanded financial liberalization on the other, which has provided an opportunity for international speculators to take advantage of. For example, Thailand lifted the control of the capital market in 1992 before its own financial system was straightened out, allowing the flow of short-term funds to flow unimpeded, and providing conditions for foreign speculators to speculate on the Thai baht.

3) In order to maintain a fixed exchange rate system, these countries have used their foreign exchange reserves to cover their deficits for a long time, leading to an increase in external debt.

4) The structure of the external debt of these countries is irrational. In the case of a large amount of medium- and short-term debt, a country's currency depreciation is inevitable once the outflow of foreign capital exceeds the inflow of foreign capital, and the country's foreign exchange reserves are not enough to make up for the shortfall.