The similarities and differences between Japan s Heisei depression and the U.S. financial crisis

The impact of the U.S. financial crisis swept like a storm to every corner, and everywhere you saw "people turning their backs". From the beginning of the subprime mortgage crisis in the United States, to the Fannie Mae and Freddie Mac "two-house" crisis in the United States, to the bankruptcy of Lehman Brothers, the acquisition of Bank of Merrill Lynch, the largest insurance company in the United States, AIG was on the verge of bankruptcy and was rescued by 85 billion US dollars, and the continuation of the world's **, indicating that the coldest winter on Wall Street has not yet arrived, and former Federal Reserve Chairman Alan Greenspan believes that the United States is falling into a "once-in-a-century" financial crisis. All of these could have a negative impact on China to a certain extent.

An investment banker in Hong Kong argues that even if China could survive at the start of the crisis, it would never be immune because the world is so tightly intertwined.

As ordinary people, what can we do when the financial crisis comes?

1. Do everything in front of you.

We must do everything in front of us well, make everything we handle as perfect as possible, do our own work impeccably, and can't be the first and the last.

2. Actively recharge and improve personal professional quality.

Use your leisure time, seize the time to study, improve your professional quality, and study, study, and train through various channels, any learning opportunity can benefit us a lot and be improved.

3. Cost saving.

The company taps the potential internally, challenges the lowest operating cost, and actively prepares for the "winter cotton clothes". Consume as little as possible on luxury goods, buy items that you can buy or not, items that are still hesitating, and give up as much as possible. Save water and electricity, reduce recreational consumption, reduce waste, and more.

4. We should be cautious in investment and financial management.

In 2008, the red days were getting farther and farther away, and there were not a few shareholders who entered the market in 2008. According to professionals**, from now until 2009, investment should still be cautious and cautious, and try to avoid risky investment. If you do want to manage your money, you must choose low-risk financial products.

5. Set aside more time to spend with your family and children.

In addition to work, make a little more emotional investment, accompany your family and children, and in the future where the material may not be too rich, it is also a good choice to have a hearty spiritual meal.

6. Keep a normal heart.

In extraordinary times, it is also important to maintain a normal heart. There is no hurdle in the world that cannot be passed, this old saying is always true, maybe your economic strength has declined, maybe your living standard has declined, these are not the most important, the important thing is that our spirit can not fall, our mental state can not be sluggish, maintain a normal heart, maintain a positive heart, it will make us feel that this winter is not too cold in the cold winter.

Learn to improve ability, communicate and gather contacts, and share to achieve a win-win situation!

The financial crisis essentially was"Overproduction", I guess the latter question is that the United States is too scoundrel! Hee-hee.