The Federal Reserve cuts interest rates by another 25 points. Can interest rate cuts really deal with the possible financial crisis? If just cutting interest rates could solve the problem, we would have cut interest rates long ago. To be honest, this rate cut is just to reduce the impact of the financial crisis that may bring about. It cannot completely deal with the past. I hope it can reduce losses. We are the losers. The crowd can only make random guesses.

The current global economic growth is slowing down, and many countries are facing financial deficit problems. In fiscal year 2018, the U.S. federal government’s fiscal deficit reached approximately US$779 billion, and the debt has exceeded US$22.5 trillion. Other countries’ The economy is not optimistic either. Venezuela’s national currency has depreciated significantly in the past two years, and the face value of the Zimbabwean currency continues to increase. Any banknote has 8 or 9 digits. In their country, if you don’t have hundreds of millions of dollars, you can’t buy an egg. This is I feel deeply that the price of pork in China has increased dramatically recently, and the prices of eggs have already reached the price during the Chinese New Year. I really can’t afford it.

The sources of the financial crisis are excessive leverage, depletion of liquidity, and bubbles in asset prices. In recent years, whether it is housing prices, various industries, rising prices of building materials, skyrocketing prices of fruits and vegetables, etc. It heralds the coming of the financial crisis. Before the financial crisis comes, ordinary people must have enough cash to deal with it. Those properties and vehicles will be worthless during the financial crisis.

The Federal Reserve has cut interest rates, and other countries have also been prepared to cut interest rates. However, this does not mean that they can resist the financial crisis. The global economy is currently in a recession, and graduate wages are extremely low. Those who own several apartments should be worried.