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Awareness of the global financial crisis is still in its 1.0...

This article holds that the economic study of wholesale jewelry a single knowledge structure, the vertical specialization of Economic Research, creating awareness of the global financial crisis in the 1.0 phase, the natural result of the current phase of the 1.0 global financial regulation. 1.0 to go beyond the understanding of the global financial crisis and supervision, this paper argues that knowledge must study the structure of economic diversification, economic studies of the flat, only handmade jewelry in this way is the global financial crisis of 2.0. Built on this basis, this paper, the Chinese workers and peasants to a balanced development of the financial sector, financial product innovation in industry and agriculture as the carrier, which is 2.0 of the main directions of financial supervision. At the same time, with capital of, any transaction, the issuer positions, and money constraints, such as levels of financial regulation 1.0, 2.0 is a complete financial supervision, to analyze the following
First, awareness of the global financial crisis is still in its 1.0 phase
Since the United States since the outbreak of the financial crisis, China and the United States has been playing water war, the United States accused China of RMB exchange rate is too low, causing the trade imbalance, China has become more money loaned to the U.S. consumer, resulting in a sub-loan crisis. China and the world that the United States have had a lack of financial supervision and loan crisis times. China accused the United States over consumer credit, not savings, the hollow of the manufacturing sector is the key to Sino-US trade imbalance, the Chinese believe that the United States in the high-tech weapons technology and the prohibition of exports to China, causing the U.S. trade imbalance. It was also noted that it is Greenspan to cut interest rates to stimulate long-term over-consumption of housing, resulting in sub-loan crisis.
The above understanding of the financial crisis is that the current global level of awareness of mainstream economists, I think this is the awareness stage 1.0, stage 2.0 is not yet aware of. It is also aware of the global financial crisis is still in its 1.0 phase, the naturally occurring 1.0 phase of financial supervision, then the 1.0 phase of financial supervision, how are we doing?
Second, global financial regulation is still in its 1.0 phase
U.S. Eastern Time on July 17, Obama formally submitted to Congress on the financial supervision of the reform program, the key is whether or not approved by Congress. According to Columbia fashion jewelry University Business School, Finance Professor, David. Bejm believe that the causes of the financial crisis is not the lack of financial supervision, but capital is not in place because of the lack of savings. For example, he said, Iceland did not buy CDS and other financial assets, but the key reason is that excessive lending. The United States is also lending the same too, in his view, the credit is the main reason for the high leverage ratio. He made the point of view from the margin of the CDS, CDO issuer must be in possession of 5 or 10, and this becomes a problem after the CDS and CDO, will also result in deterioration of the assets of their beaded jewelry hands, to create a deterrent force, forcing the issue From the CDS and CDO good quality. For the financial supervision, as well as the over-the-counter transactions OTC derivatives transactions to be included in site supervision of financial derivative products designed to monitor, to the high leverage ratio, restrictions on the number of transactions.
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