? Real estate from the history of the financial crisis, the bubble economy that formed the financial crisis always included the sale of houses. Housing is a special commodity, which has both practical value and commodity value and is not easily influenced by the external environment. Before the financial crisis, house prices continued to be stable, and during the financial crisis, house prices continued to rise. It can be seen that house prices always rise and fall, but practical value has always existed. When the house price is low, people can live and wait, and when the house price is high, people can sell it for profit. Therefore, the house can be regarded as a stabilizing factor in the financial crisis.
Foreign exchange and gold gold are hard currencies circulating in the world. Although its value will be slightly affected, its stability is far less than that of gold, even the strongest dollar. The price of gold tends to be stable, and its stability is still better than that of currency. It is worth noting that the ruble of the former Soviet Union was once extremely strong and would become waste paper overnight.
Insurance 1997 The Asian financial turmoil has proved the power of financial products. In addition to stocks and securities, wealth management products and emerging insurance industries still play a considerable role in fighting inflation. According to Article 87 of China's Insurance Law, the bankruptcy of an insurance company must be approved by the CIRC and declared by the court.
After an insurance company is declared bankrupt, the court shall organize the China Insurance Regulatory Commission and other relevant departments and personnel to set up a liquidation team to carry out liquidation. It is worth noting that according to Article 88 of the Insurance Law, if an insurance company engaged in life insurance business is revoked or declared bankrupt according to law, its life insurance contract and reserve must be transferred to other insurance companies engaged in life insurance business; If the transfer agreement cannot be reached with other insurance companies, the insurance supervision and administration institution shall designate an insurance company that engages in life insurance business to accept it. In this process, the legitimate rights and interests of the insured and the beneficiary should be safeguarded.
Compared with the bankruptcy of other general enterprises, the bankruptcy liquidation order of insurance companies has certain particularity.
According to Article 89 of China's Insurance Law, if an insurance company goes bankrupt according to law, the bankrupt property shall pay off its bankruptcy expenses in the following order: (1) wages owed to employees and labor insurance expenses; (2) Compensation or payment of insurance benefits; (3) the taxes owed; (4) Pay off the company's debts. If the bankruptcy property is insufficient to pay off the repayment requirements in the same order, it shall be distributed in proportion. This has also increased the stability of wealth management products such as insurance, which has been guaranteed by the state and greatly increased its stability.
In short, through the analysis of real estate, insurance, gold, foreign exchange and other tools, this paper draws the conclusion that it is feasible to fight inflation and preserve the value of real estate, and its stability and profitability are real estate >: insurance > foreign exchange, gold and so on.