Wall Street, all, all the five major investment banks collapsed in the global stock market crash in 2007.
A large part of the American economy depends on the increasing monetary leverage to adjust the surplus, resulting in low interest rates; The effect of high return on investment plays a positive role in the economy while promoting and stimulating benefits.
However, the fatal problem of this economic operation mode lies in:
The increasingly loose money and investment advocate that economic, financial, monetary and financial assets deviate from the actual value of products produced and output by social manufacturing and other real economies. The value of money in society will be more and more greater than the actual situation of the product value of the whole society. As a result, the economic bubble came into being. !
As time goes on, it becomes more and more serious. The ultimate solution is the outbreak of the economic crisis. !
Throughout human history, there has never been a tragedy and tragic situation in which all the major financial institutions in a country have closed down.
Therefore, the global economic crisis:
The US stock market lost $45 trillion;
The virtual book value of global stock market, bond market and futures index was exploded, resulting in the loss of creditor's rights and interests with a market value exceeding 600 trillion US dollars.
There is only one serious and mature economic model in the capitalist world, and it is the death knell. !
Here, as soon as US President Barack Obama took office, he and his entire financial team issued a 3,000-6,000-page decree prohibiting pure financial gambling games and gambling contracts with so-called subprime loans that seriously harmed the interests of the country, market and society.
Looking back, the just-announced RMB depreciation of 3% in China is the global hard currency of the US dollar, and it is also the state of affairs of the overall recovery of the US economy on the highest stage of the global economy. In the same period, the price of petroleum currency, the United States; British North Sea Brent crude oil futures index has fully recovered from the worst economic crisis. At that time, I was working for the investment enterprise of the world's largest group company. In 2005, I correctly predicted the lowest valley of the global economic crisis, and the unit of crude oil had been as high as $200 per barrel to about $40 per barrel before the economic crisis broke out. The price of a barrel of crude oil plummeted 100 more than US dollars. !
American hard currency
Petroleum currency
At the same time, the arrival of the two global economic bottom line indexes has brought more non-existent challenges to the so-called dead hole of the capitalist economic model defined in the crazy and out-of-control old horse theory-dying capitalism. ? !
The story of a blown/hanged but immortal superpower reborn to phoenix nirvana again, spreading its wings and resurrecting.
Pure financial books, no crazy financial gambling using valuable product media, because once again, it broke the whole business platform of global hard currency and was more severely restricted and adjusted. Pure financial contracts and contract gambling are almost completely banned, because they are not to promote economic progress and social wealth. All five major investment banks on Wall Street closed down and reorganized. ! Under the national pressure of the collapse of thousands of banks in the United States, financial games, in the interpretation of crazy Jianghu thieves, came to an end. Smarter people who want to take advantage of the capitalist economic system have not invented a more cruel bubble game to break through and break through the forbidden zone of this superpower's increasingly perfect national system and laws and regulations. The magic is one foot high; This road is ten feet high. The heroic American people, armed with guns, once again defeated the hypocritical rape and aggression courtesy of the Jiang Yang thieves who were about to close down and returned to the normal direction of life.
Because of the so-called subprime mortgage crisis, all five major investment banks on Wall Street in the United States closed down and reorganized:
Goldman Sachs
Merrill Lynch-
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Morgan-
national anthem
The Internationale
Solemn national laws