毕业论文–中
The definition of the financial crisis The financial crisis, it means in a country or several countries and regions, all or most of the financial index (such as s唱均演hort-term interest rates, monetary assets, securities, real estate, lands price, the quantity of commercial bankruptcy and financial i在处即斤财周记粉调五nstitutions ou率例t of busin病燃两封经各增章讲精磁ess) is deteriorated rapidly and super-cycle in a short time. The financial crisis was originated in the United States, th360问答e reason of the financial crisis is: the cre著规记规首紧味dit expansion, the virtual economy caused the economic bubble bro益ken is the 呢抗任收义main reason for the 结宁帮financial crisis. Sub-prime mortgage crisis is the fuse. The actual sub-prime mo胡础抓改rtgage bonds are only 600 billio职问院李节础过庆满n US dollars. It triggered such a huge financial crisis is due to following and the people's expecting minds. Herding, it refers to the investors on the market that do not form their expectations or not obtain first – hand information; they will act in accordance with other investors to change their behavior. 1.2 Deeper levels 1.2.1 The long-term anticipate consumption ca题used the bad consequence The anticipate consumption is popular in the USA for a long tim南映课认春还河纸色e. They Encourag燃片坏希计士离球首厚ed people to buy houses, cars and hi说gh-level consumer goods. In pursuit of high profits, t the banks sent different credit ca准何rds to the residen操生板清纪师测个原ts to encourage anticipating consumption. " Use tomorr各现山无夫美研ow's money to enjoy today. "" Let the dream come ahead of schedule, so the dream comes true. "" Can earn and s架他系克久青亲粮pend is the pride of the times. " Words sound good. The anticipate consumption ever brought a temporary prosperity in several years. However, this act of borrowing against the future purchasing power, is "funding for overstretched," a bubble, a momentary prosperity, with unreal colors. Once the economic is downturn, the large number of the unemployed appears the debt is not paid off; the consumer paying ability will be sharp declined. The USA Subordinated Debt was highlighted before the world. Bank's bad loans were piled up; some investment banks are facing bankruptcy.
