Let's talk about the causes and processes that led to the economic crisis.
this is a problem that most countries will encounter.
a country's domestic market has a large number of foreign-funded enterprises to withdraw (just one phenomenon, and there are countless channels to reduce the stock of market funds), so it exchanges its assets for local currency, and then changes them into foreign exchange (usually US dollars) at the bank to take them away, so that these local currencies exist in the bank, and the local currency flows into the bank, which reduces the stock of the market. At the same time, the export trade is sluggish (the main cause), and many commodities are accumulated in China. A lot of funds become commodities and cannot be realized, which also causes the stock of money in the market to shrink. These overstocked commodity holders have products without funds. After a long time, they will increase the cost of prices and cannot sell them. If they can only cut prices, they will lose money. If they lose money, they will close down. If they lose their jobs, they will lose their wages. If they lose their wages, they will reduce their purchasing power. Therefore, the goods will not be sold, forming a vicious circle. If this phenomenon occurs in all walks of life, If you accumulate too much, it will turn into an economic crisis. Generally, countries will actively take measures, on the one hand, to stimulate purchasing power by putting money into the market, and on the other hand, they will introduce measures to encourage enterprises to resume production, so as to avoid the danger from expanding and deepening. < P > When the economic crisis is extremely serious, a large number of factories and enterprises close down, workers are unemployed in large numbers, and living materials are extremely scarce. In the later stage, prices will soar. However, unemployed workers have no money, so they can't afford it, and life is extremely difficult, which will cause social At this time, the only thing the country has to do is to try its best to resume production, generally by injecting capital into enterprises and quickly starting commodity production, so that workers can earn money, and commodities on the market will increase, slowly forming a virtuous circle. < P > The depreciation of commodities and materials will lead to the relative appreciation of the currency. It is worth noting that depreciation and appreciation are not necessarily synchronized with the emotional interference of people in the whole society (also affected by the international currency exchange rate), and commodities in a certain field will suddenly plummet. Currency has appreciated countless times in this field, and savvy businessmen will find the right time to take over and become billionaires in the future.
In countries with poor management, there will be economic crisis that leads to inflation, and there will also be economic crisis caused by inflation, because economic crisis and inflation are the two ends of a seesaw balance beam, and management is the fulcrum. Improper measures will lead to serious imbalance, such as Zimbabwe and Venezuela, Argentina and Turkey, Brazil, etc.
This will not happen in China. First, the management mechanism is sound, and second, there is room for coordination in a large geographical area. Third, the population base is large and the regulation dimension is deep; fourth, the industrial categories are complete, which can form a self-circulation of commodity chains; fifth, the economy is large, the market capacity is large, and the ability to resist risks is strong, and so on. But there will be fluctuations.
Economic crisis and financial crisis are not the same thing. Although they are closely related, they are two-dimensional problems. Therefore, we have reason to believe that when the economic crisis occurs, although the financial sector has been hit hard, it can still "exchange time for space", that is, quickly transform financial assets to minimize losses, which is the advantage of finance. On the other hand, traditional entities cannot quickly transfer this crisis in a very short time, because a large number of fixed assets are vacant, which may become a pile of liabilities at that time.
Therefore, when the economic crisis occurs, it is traditional industries that pay a huge price. On the contrary, those bad financial speculators can transform bad capital into high-quality capital through rapid transfer, reduce losses to the lowest, and the most basic thing is strong liquidity.
In addition to the huge impact on traditional industries, there are also areas that are highly dependent on the capital market, such as the Internet and venture capital. Because of their dependence on capital, these areas are less able to resist the economic crisis, such as e-commerce platforms and so on.