The real beneficiaries are the shareholders of central banks in the United States and western countries. Central banks in western countries are basically private, and they represent the private sector instead of the fundamental interests of the country. The essence of capitalist financial crisis is shaving action. The ultimate ownership of those houses here is actually there. He must first evaluate the house price and then go bankrupt. The debt has not disappeared, but has shrunk, so your stock is a piece of paper, and the person who sold you the derivatives made your money. So the answer, in turn, is that the house eventually became a debt and belonged to the last auctioneer. The debt was not offset, but auctioned at a low price. The ultimate beneficiaries are capitalist consortia, specifically, issuers of subprime mortgage derivatives such as Goldman Sachs and Morgan. I suggest you thoroughly check the central bank shareholders of the top ten countries in the world (except China). Those people are profit-making people, while others are empty talk. They are the ones who finally make a profit. In addition to them, small and medium investors may follow suit. Pursuing the ultimate beneficiary is as difficult as a dead deer. The main meat of this deer was taken away by the capital consortium, and the subsequent small capitalists digested the rest like bacteria. As for the phenomenon that inaction even contributes to the financial crisis, we can refer to 1997' s Southeast Asian financial crisis and 1929' s world financial crisis, as well as their ways to get rid of the financial crisis. The former is contribution, while the latter is inaction. Their specific operating mechanism cannot be explained clearly in one or two sentences. I feel this is very complicated. At least compared with their current operating mechanism, China is like a newborn child, and there is no comparison at all. If it weren't for China's strict control over the financial market at present, I think it would be difficult for China to become the second Vietnam or Thailand.