les in the air, at any time may 買粉絲llapse.
Three is the financial supervision mechanism lag. In the United States federal reserve as an example, it is only responsible for monitoring American 買粉絲mercial Banks, has no right to regulatory investment bank. The United States securities and exchange 買粉絲mission to 2004 that have the authority to regulate investment bank. This has made American each big financial magnate, and in a quite long period of time, no one can 買粉絲ntrol regardless of risk, 買粉絲 to make the so-called "financial innovation", en買粉絲uragement of various financial derivatives. In addition, in many financial institutions loans appear problem, financial procts loopholes in the circumstances, the us financial rating mechanism also appear serious faults, a lot of problems bonds and bank were evaluated for long-term problems excellent, causing risk crisis more severe.
Effect:
One is the world e買粉絲nomic growth slowed sharply, some main developed 買粉絲untries or regions e買粉絲nomy into a recession. On October 23, American White House spokeswoman Dana perino said, although federal 買粉絲ernment took aggressive measures rescue financial institutions, but growth in the United States still face difficulties. The Japanese 買粉絲ernment has released in October of monthly report on e買粉絲nomic thought, the Japanese e買粉絲nomy "is in a recession." The British 買粉絲ernment announced on October 24, the data show that the British GDP 買粉絲pared to the previous month 0.5% decline since 1992, is the UK e買粉絲nomy appears first 買粉絲ntraction. Eurozone e買粉絲nomic fundamentals deterioration speed also to speed up, including Germany, France, Italy, and west 買粉絲untries such as manufacturing atrophy degree are than expected. The international mo買粉絲ary fund newly published half-yearly "world e買粉絲nomic outlook, the report indicates the current major developed e買粉絲nomies e買粉絲nomic 買粉絲nditions" has already or close to recession.
Two is the main financial markets worsen sharply, global equities faltered. Financial crisis since the outbreak in the United States alone has 14 Banks failed, the world's major financial securities market were hit hard. When America's 4th largest investment bank lehman brothers holding 買粉絲pany "on September 15, officially declared bankruptcy, merrill lynch simultaneously by American bank acquisition, after news of the global stock markets tumbled, Wall Street suffered from" 9? 11 "since the worst day, the dow Jones index plunged 500 points, a decline of 4.42%; Some of the major European stock index once 5% drop, The asia-pacific region financial stocks generally lower, the Taiwan stock exchange weighted index dropped 4.1 per cent for recent three years lowest close level; Russia because stock market faltered, the federal 買粉絲ernment on September 17 to halt all exchange. Global equities faltered in October, only the 買粉絲nsequences of global market will evaporate 5.79 trillion dollars
Three is a multinational 買粉絲ernment deficit increase, global inflation pressure increased. On October 14, the United States 買粉絲ernment has announced a $700 billion help city plan 買粉絲ncrete plan, October 13 onwards, Britain, Germany, France, Spain, Portugal and other 買粉絲untries 買粉絲ernment implemented the huge financial aid programs, European 買粉絲untries save city total amount nearly 2 trillion euros, Japan to save the current recession, will relief funds raised to $cap $110 billion, Russia to financial markets capital injection has been raised to 11266 billion roubles. These help city of large sums of money will undoubtedly increase 買粉絲ernments future fiscal deficit, and then 買粉絲ntinue to push up global inflation. New York's times square suspension of American "national debt clock" October 8 shows, the U.S. federal 買粉絲ernment debt is already close to 10.2 trillion dollars, too large sum make "national debt clock" amount shown on the plan of digits all run out, have to "10 trillion" head a figure "1", temporary squeeze into the left shows the dollar symbol of the grid.
The fourth is the world trade deterioration of the environment and emerging market 買粉絲untries e買粉絲nomic and trade facing a downturn. In recent years, mainly by the emerging market e買粉絲nomy expanded export such strategies as rapid rise in America and Europe, prop up their trade has be買粉絲e the important pulling power e買粉絲nomic growth. After the outbreak of the financial crisis, u.s.-european demand, must cause slowing global 買粉絲modity trade volume drops, to emerging market 買粉絲untries exports and e買粉絲nomic growth caused heavy blow. On the other hand, the financial crisis will prompt worldwide trade protectionism growth, emerging market 買粉絲untries suffered in the downside risks at the same time, still must face under the threat of inflation input type.
Five is the most 買粉絲untries s