The sub-prime financial crisis, the world's governments, businesses and investors are talking about subprime loans, MBS, CDO, CDS and a series of nouns and analyze causes of the crisis. But if the innovation of financial disorder, investment banks and financial leverage too lax supervision as the main causes of the subprime crisis, but flow in the U.S. and global economic and financial problems of the surface of awareness.
More and more people seem to think that, mainly due to lax regulation, financial innovation in the products of these doping a lot of toxins (like milk mixed with melamine), and the investment banks underestimate the risks of uncontrolled zoom lever that led to the times credit crisis; response and prevention of financial crisis, first and foremost is to strengthen financial regulation, the spread in the current moment of crisis, must have positive righting a wrong.
In fact, the subprime financial crisis, the root causes of the current international monetary system, abuse of global resources under the United States, and U.S. monetary policy mistakes. If China has lax oversight of the subprime mortgage crisis as the main reason for strengthening crisis prevention and simple controls, so China and the U.S. financial competitiveness of the backward expansion of the gap will be taking a step forward in the international financial system and further reduced to provide resources and to the United States subsidiary financial system to bear the loss. Causes of the crisis
No comments:
Post a Comment