When did the financial crisis occur? What caused it?

triggered the subprime mortgage crisis in the United States.

Financial crisis. It means that the borrowed money can't be exchanged and won't be repaid! This is a layman's way of explanation.

Another way to put it: why the financial crisis? Because there are many financial bubbles in the world now, that is, the same thing is 100 yuan, but because the value of some people's means reaches 300 yuan, so many things have risen in price, but in fact, there is not enough money to increase things, so the amount of money is lower than the value of the goods, so there will be a financial crisis.

But why is it getting worse? That's because people see rising prices, they are reluctant to spend their only assets, but if they don't spend money, they can't drive sales, without sales, the production industry will collapse, there will be no productivity, people's wages will fall, and the power will also decrease, such as exports and imports, etc., without this, if it intensifies, then eventually mankind will fight because there is no food supplies, and eventually perish.

So, this is a vicious circle, as long as you find the middle link, as long as you can spend money now, or invest, people are going to spend money, so that the only way is to drive productivity, in order to make people's wages **, in order to be better.

Therefore, it is key for people to spend money quickly, and if everyone is not spending money, the money will depreciate more and more, and eventually become waste paper.

The United States also has a certain responsibility, they spend more money than they earn, so they want to take out loans, but they don't pay back, so the capital chain is empty, and asking other countries to rescue is also a big problem.

Original, my opinion, I hope it can be helpful to you.

triggered the subprime mortgage crisis in the United States. The reason is that the economic bubble leads to a crisis of confidence and panic! The reason for the bubble is that the development of the economy has reached its peak! There is no momentum for economic development!

Last month, because of the subprime mortgage in the United States.

The financial crisis triggered by the subprime mortgage crisis in the United States is no longer a financial event, because its transmission mode is a spiral: we can see that the sharp rise in housing prices in the United States has caused the mortgage industry to suffer huge losses, and the Wall Street financial giants involved in the subprime mortgage derivatives business have been pulled down, and other financial institutions around the world that have financial transactions with them are not immune. The U.S. financial market has brought about a sharp decline in the capital markets of almost all major economies in the world, and people's assets have shrunk sharply, making their willingness to consume also decline sharply; The decline in consumption willingness has brought about the continuation of international and other international commodities, which in turn affects the performance of listed companies, resulting in the further shrinkage of people's assets and the further reduction of consumption willingness.

The economies of Europe and the United States are inevitably facing recession, and countries with them as major exporters will eventually be involved. And that's it, from financial to physical, from the U.S. to the global. The Americans have harmed themselves and the world.

How did the financial crisis come about?

This financial crisis was caused by subprime lending in the United States.

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.

Because the economic crisis has brought to some of the best people.

Or it's a loss.

Or just copy all the money to zero.

There are no more or some owe money to the bank.

The boss is also human.

He is not God. You can turn money out.

Hehe, so.

There are fewer orders for goods.

There is not so much money left.

There are not so many goods left.

If you don't lay off employees.

That is tantamount to raising workers for nothing.

Lose money yourself. Either some bosses take the money to **.

As a result, I have no money.

There is no money to restock. There is no money to pay to the workers.

It's no wonder if it doesn't go out of business.

If you still owe money to the bank.

If you don't go out of business, you have to be forced to go out of business.

Layoffs There are fewer places to use workers.

Naturally, there are more people who are unemployed.

People are growing up now.

The student graduated.

There are a lot more people looking for jobs.

We went to look for work.

It's more competitive.

Only one person out of 100.

You don't think it's worrying.

If you don't have a hurry.

That's a lie.

And now there are more than 100 of them.

Instead, thousands of people compete for a position.

But it's useless to rush.

I can only say that as long as I do my best, it's fine.

I can't find it.

That was for later.

It's OK to have a good time yourself.

And over time.

The economy will**.

The number of start-ups and start-ups will gradually increase.

So don't worry too much about pulling.

Things will always work out.

Remember, people walk the way.

There won't be no road.

There is a way to walk.

Have faith in yourself.

Because China is not a fake cover, hehe.