This issue is very complex and involves a series of economic, political and other interests in the United States, China and other countries. Most people cannot see the essence of the device. The following are summarized based on our teacher's handouts. I think it is our teacher’s very thorough understanding of the financial crisis and the current international situation. The teacher’s views represent only personal opinions. If you have any good ones, please share them. It can be said that last year's subprime mortgage crisis was a conspiracy concocted by the consortium behind the US Federal Reserve, but it was almost resolved by this summer. At this time, the global economic crisis suddenly broke out. What is the reason? 1. On the surface, the direct cause is the bankruptcy of the five major speculative banks in the United States. Note that it is a speculative bank and not an investment bank. There is a big difference between them, you can check it yourself. Let’s analyze why they went bankrupt overnight? The reason is simple. They lost trillions of dollars in the world oil futures market. (Baidu entry, futures market /view/53345.htm) Please note that in one year, world oil prices have dropped sharply from the highest of nearly 150 US dollars to the current level of more than 60 US dollars. Why? Everyone knows that the United States is engaged in a series of activities in the Middle East to control oil and control oil prices to make profits. The international oil futures market can be said to have always been under the control of the United States. The increase in oil prices is a huge burden for China, the world's largest manufacturer, and it is also a big blow to Russia, which relies on oil exports as an important source of foreign exchange. It will be troublesome if it cannot sell its own oil. Restricting China and Russia in terms of resources is undoubtedly a great good thing for the United States. The consortium of the Federal Reserve has been controlling the price of oil in the futures market. Of course, some countries are very unhappy. We need to lower oil prices to protect our own interests. So what methods did they use to achieve the drop in oil prices? Let me first explain the rules of futures. Simply put, futures are like gambling. If you buy right, you win. If you buy wrong, then I’m sorry, all the money will be lost. The winner makes money, so futures are usually played behind the scenes by large consortiums or certain countries. Hundreds of millions of dollars are beyond the reach of ordinary people. If this country wants to control the futures market, it must have a large amount of U.S. dollar reserves, so it invests a large amount of U.S. dollars to buy short. Short selling means buying oil prices to fall. At this time, oil prices temporarily began to fall. Of course, the United States was unwilling to do so, but the government's money was tied up in the credit and housing markets. What could be done to save it? If you pay attention to the political news, you will find that during that time, European countries sent a large amount of US dollars to the United States to rescue the market. Oil prices began to fluctuate, but they slowly fell because the short sellers had the largest foreign exchange reserves in the world. How could they afford it? live. Although the United States can print a large amount of money, the demand for U.S. dollars in the market is certain. Too much will inevitably cause inflation, and the United States cannot afford to take this risk. Finally, the oil price dropped little by little, and the money was lost little by little to the short sellers, which eventually led to the bankruptcy of the five major speculative banks.

So where did their money go? There are a certain number of dollars in the world, and everyone is losing money, so who is making money?