Why did the West unleash such a financial crisis?

Updated on Financial 2024-06-26
16 answers
  1. Anonymous users2024-02-12

    For the United States to plunder the world's wealth and maintain its world hegemony!

    After the outbreak of the crisis, due to the fear of an economic downturn, international commodities will fall, and the United States can buy the world's resources on a large scale to reserve resources for the next round of economic development. And it can also use the economic crisis to hit or even crush the world's emerging economies, such as India, Brazil, South Korea, South Africa, and Russia, which has just recovered. You don't see that many countries and regions, such as Iceland and Dubai, are almost bankrupt.

    This crisis has served to consolidate the United States' position of world hegemony.

  2. Anonymous users2024-02-11

    Launch?? No kidding, what country is so stupid as to start a financial crisis with everything to do, because a financial crisis can ruin more than a dozen big countries, and such a financial crisis is caused by the mismanagement of the United States, you know? In turn, the financial crisis has the potential to make the United States troubled by the banks and the economy to decline.

  3. Anonymous users2024-02-10

    To be clear, it was not initiated by the West, and the United States is quite reluctant to have such a situation, to the point where it is difficult to control now! The reason is greater than the loss of fiduciary responsibility, many buyers whose credit ratings are not reached, can be fraudulent in order to obtain loans, and the huge scale of fraudulent loans formed by personal intermediaries has caused many people to repay the loans, so the chain is broken, the bank is trapped, the two houses are taken over, the economy is declining, confidence is afraid, and the crisis comes! This is an unprecedented crisis, the result of globalization, and it is also a crisis of globalization, and it is difficult for China to escape, but the crisis has not yet affected China!

  4. Anonymous users2024-02-09

    I think there are many reasons for the financial crisis, and the outbreak of the financial crisis is cumulative, and there must be a lot of hints before the financial crisis breaks out. As long as measures are taken in time, the financial crisis can be prevented. I think there are several reasons for the outbreak of the financial crisis.

    One of the reasons for the outbreak of the financial crisis is the formation of the bubble economy, as long as the bubble economy gradually expands, and finally bursts to a certain extent, all kinds of chain reactions will have an impact on the financial sector, just like the butterfly effect, and then affect the whole society. The impact is very bad, for example, the 2008 financial crisis was caused by the formation of a bubble economy. From a national financial crisis to a global financial crisis.

    Another reason for the financial crisis is that because of loose monetary policy and people's desire to spend, consumption growth can make companies more prosperous, and then further promote market activity. However, excessive consumption will lead to continuous borrowing, so many people borrow and consume, and their savings are almost zero. So in the long run, the whole society will make overdraft consumption, and then enter a debt chain.

    If there is a problem in one of these links, it will lead to a financial crisis.

    Another reason for the outbreak of the financial crisis is the misuse of financial products, which will also promote speculation in the capital market, and in the long run, finance will gradually derail from the real economy, and then produce a financial crisis. If credit expansion is very aggressive, then the financial crisis will become more and more severe. Especially in the current environment of economic globalization, a crisis in one country will affect other countries.

    The financial crisis is also the result of the irreconcilable contradictions of capitalist society, and the imbalance between the proportions of production and distribution is irreconcilable, so it will lead to a crisis. At this time, it is necessary to balance the situation through state regulation and control, and also give play to the self-regulating role of the market.

  5. Anonymous users2024-02-08

    I think it's the bubble economy, which leads to currency depreciation, which leads to a lack of liquidity in global commodities, and that's why it's the financial crisis.

  6. Anonymous users2024-02-07

    I think it's because of the global financial crisis caused by the pandemic, and now many people are unemployed, but everyone is still trying to live, and I believe that this disaster will definitely survive.

  7. Anonymous users2024-02-06

    Personally, I think it is the centralized monopoly of capitalism that has led to unsalable goods, obstacles to the circulation of goods, coupled with a lot of excessive speculation to raise prices, in addition, the amount of money in domestic reserves is relatively small, and there is relatively little currency inflation, which has led to a series of crises caused by the global financial crisis.

  8. Anonymous users2024-02-05

    I think it is caused by the bubble economy, which leads to the rise of the currency, which leads to the illiquidity of the world's commodities, so it leads to the financial crisis.

  9. Anonymous users2024-02-04

    I feel that it is because of the global financial crisis caused by the epidemic, and now many people have lost their jobs but everyone is still trying their best to live, and I believe that this disaster will be enough to survive.

  10. Anonymous users2024-02-03

    Caused by excessive credit expansion, for example, credit cards can be overdrawn in large quantities, and no down payment is required to buy a house. This is controlled by China relatively well, and the minimum is 20%.As a result, in terms of time, it will take at least 10 years to recover, such as the 1929 financial crisis and previous crises in the United States, which will take at least 10 years.

    The second is to endanger the real economy. For example, the impact on China is very great, the United States and Europe are China's first and second largest exporters, they have no money to buy, China's exports accounting for 1 3 percent of GDP will be greatly affected, a large number of export enterprises along the coast will go out of business, and a large number of workers will lose their jobs. The domestic economy will be greatly affected.

    In the troubled times, there is only **, in the disaster of the world financial crisis in history, it is accompanied by inflation, and everything is depreciated, such as oil, non-ferrous metals, agriculture, rubber, etc., only ** is rising steadily.

  11. Anonymous users2024-02-02

    1. The financial crisis of filial piety in the United States: From 2007 to 2008, the global financial crisis broke out, mainly due to the bursting of the housing bubble in the United States, the uncontrolled investment of financial institutions, and the lack of intervention and supervision. The impact of the financial crisis is far-reaching, but it is almost impossible to find a breakthrough, and the United States is the most obvious victim.

    2. European debt crisis: After the outbreak of the US financial crisis in 2008, it soon spread to European countries, and the European debt crisis also reappeared. With the turbulence of the global financial situation, some countries in Europe that are lagging behind in development have fallen into a serious debt crisis.

    Despite the many measures taken by various countries, they have not been able to effectively prevent the development of the European debt crisis, and have deepened the consequences of the crisis.

    3. Brexit: In 2016, the results of the world-renowned Brexit referendum came out, and the vast majority of the British people (most of whom are the British middle class) expressed their position and demanded to leave the European Union, that is, Brexit. Although the Brexit route was finally achieved through the UK's first multilateral negotiations and compromises, uniting as one to win a decisive political opponent is still a thorny problem that cannot be solved by clever conspirators.

  12. Anonymous users2024-02-01

    According to relevant statistics, since the 20th century, there have been a total of 6 global financial crises, namely 1907, 1929, 1987, 1995, 1997, and 2008. Therefore, it is really impossible to see when the next one-ball financial crisis will come, and it is certain that the possibility of a global financial crisis in 2020 is very small, and it can be regarded as impossible.

    The global financial crisis does not come out of nowhere, but is determined by the economic conditions of countries around the world. Although the world's economic environment has not fully recovered since the financial tsunami in 2008, and 2019 is also a year of more turbulence for the world economy. Because the United States has raised tariffs and restricted imports and exports, many countries have been hit hard, China is the most affected country, exports have been seriously damaged, and many enterprises have to change their minds and export to domestic sales.

    Even so, it is not enough to cause a global financial crisis.

    Throughout previous financial crises, the essence of them was a debt crisis. Since the financial crisis in 2008, countries around the world have adopted various methods to prevent financial crisis measures, and, after years of efforts, economists have indeed found some preventive measures, and the G20 World Economic Summit is one of them. China, both economically and politically, has been striving to maintain good communication and cooperation with all countries in the world, hoping to achieve a win-win situation through cooperation and to maintain world peace and stability.

    The outbreak of the financial crisis will have a great impact on the country and the people, which will directly affect the country's financial revenue, will affect the country's economic stability, and thus will affect the lives of ordinary people, which will cause great panic, and people's lives will be in dire straits. Therefore, as an ordinary worker, I also don't want the financial crisis to come, and I hope that the Sino-US war can end soon, so that our company's business can improve, my income can rise, and the pressure on life will not be so great.

  13. Anonymous users2024-01-31

    Presumably, it may be around 2020, because the debt crisis in the United States is already so severe that a financial crisis must be triggered to eliminate it.

  14. Anonymous users2024-01-30

    Personally, I think that for this kind of thing, the timing of the coming of a global financial crisis like this is not something we can reach, although there is a certain cycle, but we can't speculate at will.

  15. Anonymous users2024-01-29

    I don't think it will be soon, because the turmoil of the last global financial crisis has not yet dissipated, and when the Sino-US war officially ends, it will be the time when the last financial crisis will calm down, and a new round of global financial crisis should not come so quickly.

  16. Anonymous users2024-01-28

    Alas

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