When will the financial turmoil pass, and wonder what year the financial turmoil is?

A financial crisis refers to a financial-related crisis, that is, a crisis of financial assets, financial markets, or financial institutions, such as stock market crashes, financial institution failures, etc. 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. The main reasons for the financial crisis are the weakness of the financial system, coupled with the fact that countries have pursued financial market liberalization and short-term capital inflows without putting in place appropriate regulatory regimes, as it is a major factor in creating instability.

The short-term capital inflow is equivalent to China's current appreciation of the renminbi, and the main purpose of some foreign enterprises to invest or do business in China is to wait for the renminbi to appreciate and then exchange the renminbi back to the currency of other countries to make profits, that is, the bubble economy.

The United States is such a country whose financial power far exceeds its production capacity, its GDP accounts for 35% of the world's GDP, and the market value of the US capital market accounts for 54% of the global capital market. The U.S. dollar accounts for 72% of global foreign exchange reserves and 58% of global ** settlements. It is clear that no country has yet been able to shake its hegemony.

The financial crisis that is breaking out now is no different in nature from the collapse of '29, it is nothing more than the uncontrolled amplification of credit that can be said to be maliciously amplified, the financial crisis leads to a credit crisis, and further the collapse of confidence, and the market will go to a very irrational level. This is not a localized crisis, and its impact is deeper and longer than any other. Today's world is different from the past, and it is difficult to directly contribute to the rapid collapse of an empire by means of war, and I believe that the United States will still come out of the crisis this time.

Because this is a country that is particularly good at making a fortune in crisis, it was the outbreak of World War I and World War II that quickly led to the strength of the United States. One of the secrets to making a fortune is this: the virtual capital bubble on Wall Street burst, real assets remain in the United States, and this time it will be the same, and the United States will be the final winner.

It is important to know that the fundamental nature of capital is profit-seeking, and this is a fundamental starting point that other countries should not forget when considering the measures taken in this crisis. So far, we can see from a detail that in the case of such a bad crisis, the ban on short sales was lifted, which led to a further plunge on October 9, and when the 29 year of the big stock market crash to rescue the crisis, or when Coolidge was in power, the first thing to start was to conduct a large-scale investigation on the collection of ** short selling transactions, and in this case, short selling is also allowed, which is extremely harmful, which can only show that some interest groups are still trying their best to maintain the original order, and they are still slapping their swollen faces and filling fat. It seems to me that this is no different from the nature of the executive of AIG going on vacation after going bankrupt, and then the SEC was formed. It can be seen that the forces that maintain the old order are still strong, and the United States is still trying to rebuild a new order as the boss, but it may not be until the end of 2014 that it will come out of this crisis.

Among them, it was a real bear market that took three years from December 2011 to November 2014. The current collapse has only just begun. In 29 years, there was also a 50% history after the rapid **, so don't think that the crisis is over with optimism that the crisis has ended for the first time since the US ** crash lasted**.

This is a general correction to the multi-year bull market in the United States. Therefore, the strategy is not to be busy with **, but to find the right opportunity to go short is the big idea.

The financial turmoil erupted in 1997.

On July 2, 1997, the Asian financial crisis swept through Thailand. Soon, the storm spread to Malaysia, Singapore, Japan, South Korea, China and other places. The currencies of Thailand, Indonesia, South Korea and other countries have depreciated sharply, and at the same time, most of the major Asian countries have been greatly affected, impacting foreign trade enterprises in Asian countries, causing the collapse of many large enterprises in Asia, unemployment of workers, and social and economic depression.

It shattered the scene of rapid economic development in Asia.

The economies of some major Asian economies have begun to slump, and the political situation in some countries has also begun to be chaotic. Thailand, Indonesia and South Korea were among the countries hardest hit by the financial turmoil. Singapore, Malaysia, the Philippines and Hong Kong were also affected, while Chinese mainland and Taiwan were almost unaffected.

World Impact

The impact of the current financial crisis is extremely far-reaching, and it has exposed some deep-seated problems behind the rapid economic development of some Asian countries. In this sense, this is not only a bad thing, but also a good thing, and it provides an opportunity for Asian developing countries to deepen reform, adjust their industrial structure, and improve macroeconomic management.

Due to the arduous task of reform and adjustment, it will take some time for the economies of these countries to fully recover. However, the basic factors for the economic growth of the developing countries in Asia still exist, and there is great hope for the improvement and further development of the economic situation in Asia after overcoming internal and external difficulties.

The global financial crisis erupted several times, in 1930The Great Depression, the economic crisis caused by the oil crisis in 1973, the Latin American debt crisis in 1982, and the collapse of the bubble economy in Japan in 1990The 1997 Asian financial crisis, 2007The subprime mortgage crisis in the United States

The most direct manifestation of the financial storm is inflation. To put it simply, there is a situation of sharp decline, real estate, land depreciation and even monetary value for a period of time, and then there are bankruptcies of financial institutions, the collapse of companies and enterprises, and the unemployment rate.

It has risen sharply and the entire social economy has fallen into depression and so on. All of these situations can be called financial crises.

Description:

The global financial crisis, also known as the world financial crisis, subprime mortgage crisis, and credit crisis, refers to global financial assets.

or the crisis of financial institutions or financial markets, which is manifested in financial assets ****, ****, financial institutions on the verge of bankruptcy, etc.

The economic crisis of 1930 was capitalism.

The most protracted, deepest, and most severe cyclical world economic crisis in economic history first erupted and collapsed in the United States, and rapidly spread from the United States to the whole of Europe and the whole world except the Soviet Union.

In 2007, the subprime mortgage crisis in the United States, also known as the subprime mortgage crisis and the subprime crisis, led to a crisis of insufficient liquidity in the world's major financial markets, which initially swept the world's major financial markets such as the United States and the European Union, and finally triggered a global financial crisis.

The financial crisis mainly refers to the global financial crisis triggered by the subprime mortgage crisis in the United States in 2008.

In August 2008, the stock prices of Fannie Mae and Freddie Mac, the two major mortgage giants in the United States, made a large loss to financial institutions holding "two-house" bonds. Lehman Brothers' filing for bankruptcy protection, Merrill Lynch's "commitment" to Bank of America, and AIG's emergency caused a series of sudden "trembling and scumbags" that shocked countries around the world. Wall Street's "misuse" of financial derivatives and underestimation of the subprime mortgage crisis have led to bitter consequences.

Extended Material: The Global Impact of the Financial Crisis

The U.S. subprime mortgage crisis was a storm caused by the bankruptcy of subprime mortgage lenders and the forced closure of investments, which led to a crisis of illiquidity in major global financial markets. The subprime mortgage crisis in the United States began to emerge in the spring of 2006 and swept through the world's major financial markets such as the United States, the European Union and Japan in August 2007.

The U.S. subprime mortgage market typically uses a combination of fixed and variable rate repayments, in which buyers repay their loans at a fixed rate for the first few years after the purchase of a home, and then repay the loan at a variable rate. As the U.S. housing market cools, especially short-term interest rates rise, subprime mortgage repayment rates have also risen sharply, and the repayment burden on homebuyers has increased significantly. This situation directly led to the failure of borrowers of large batches of mortgage loans to repay their loans on time, which in turn led to the "subprime mortgage crisis".

As the world's only superpower, the outbreak of the subprime mortgage crisis in the United States instantly affected the world's financial centers and some neighboring countries, and its scope was far from being limited to the subprime mortgage crisis, but spread to the entire financial industry. Although the current account deficit in the United States has been declining, it still accounts for about 6% of GDP, and because the United States consumes far more products than it produces, Americans are still one of the largest demands** in the rest of the world, and the sharp decline in demand has greatly affected the economies of other regions, causing panic in countries around the world. (Information ** in Encyclopedia).

The U.S. financial crisis.