Attempting to understand the financial crisis
Having read about conspiracy theories and the influence of UFOs on the world economy, I decided to share my thoughts on the essence of the current crisis.
1st fact
“The US contribution to world GDP is, according to various estimates, from 18% to 25%. But in the consumption of their share is already about 35-42%. In other words, the consumption of American citizens is subsidized by almost half. „
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www.point.ru/forecasts/2007/08/27/10247
In other words, the whole world lends the fruits of its labor to the United States for a very long time, and the US financial system lends money to its citizens in order to maintain a high level of consumption.
It doesn’t matter that the rich are borrowed more and the poor less. The essence is the same: everyone lives beyond their means.
2nd fact
The growth of debt causes an increase in the cost of maintaining it. Just stupidly growing interest.
The investigation
The growth of the real economy of the United States, that is, GDP growth is not keeping up with the growth of debt more and more, this system does not have a long-term future. The crisis is inevitable_ while saving the system. It's a question of time.
It turns out that the whole world plays a dangerous game, stuffing bags with dollars and US government bonds, because they don’t control the USA. No All good faith in the stability of democracy, and in the meantime Democrats are fighting all over the planet and give home loans to homeless people. But after all, it is obvious that not only the high efficiency of the American economy and significant labor productivity is important, but also life within our means. And this is not.
The crisis began with mortgage banks, but could happen anywhere. As soon as at least one link in the financial chain breaks, problems begin for everyone.
Listen to the words of the American official. How are they going to solve the problem? "We will add a trillion here and a trillion here." Do not reduce consumption. Not! We do not reform the financial system in order to improve it and provide the dollar with real value. No, no, no, David Blaine. We will now launch another machine and put money bags in this loser bank.
Americans do not want to admit that the problem is in the system. For a long time, they will still be in everyone’s ears, that this is a couple of banks that are not effective here, and then decided something. That here one trader failed to trade. And he is guilty. And not the US government, which howls half a globe and gives out money to its citizens almost free of charge.
And here is my prediction: the United States will hastily patch holes, they will hold on for some time. Before the election just survive. They will gradually begin to fall. But the most important process is inevitable - the depreciation of the dollar. The current dollar growth is temporary, funds are withdrawn from falling markets and from securities and transferred to cash. Then all the same, people will return money to the real economy, to production and mining. But confidence in the dollar will fall.
1st fact
“The US contribution to world GDP is, according to various estimates, from 18% to 25%. But in the consumption of their share is already about 35-42%. In other words, the consumption of American citizens is subsidized by almost half. „
')
www.point.ru/forecasts/2007/08/27/10247
In other words, the whole world lends the fruits of its labor to the United States for a very long time, and the US financial system lends money to its citizens in order to maintain a high level of consumption.
It doesn’t matter that the rich are borrowed more and the poor less. The essence is the same: everyone lives beyond their means.
2nd fact
The growth of debt causes an increase in the cost of maintaining it. Just stupidly growing interest.
The investigation
The growth of the real economy of the United States, that is, GDP growth is not keeping up with the growth of debt more and more, this system does not have a long-term future. The crisis is inevitable_ while saving the system. It's a question of time.
It turns out that the whole world plays a dangerous game, stuffing bags with dollars and US government bonds, because they don’t control the USA. No All good faith in the stability of democracy, and in the meantime Democrats are fighting all over the planet and give home loans to homeless people. But after all, it is obvious that not only the high efficiency of the American economy and significant labor productivity is important, but also life within our means. And this is not.
The crisis began with mortgage banks, but could happen anywhere. As soon as at least one link in the financial chain breaks, problems begin for everyone.
Listen to the words of the American official. How are they going to solve the problem? "We will add a trillion here and a trillion here." Do not reduce consumption. Not! We do not reform the financial system in order to improve it and provide the dollar with real value. No, no, no, David Blaine. We will now launch another machine and put money bags in this loser bank.
Americans do not want to admit that the problem is in the system. For a long time, they will still be in everyone’s ears, that this is a couple of banks that are not effective here, and then decided something. That here one trader failed to trade. And he is guilty. And not the US government, which howls half a globe and gives out money to its citizens almost free of charge.
And here is my prediction: the United States will hastily patch holes, they will hold on for some time. Before the election just survive. They will gradually begin to fall. But the most important process is inevitable - the depreciation of the dollar. The current dollar growth is temporary, funds are withdrawn from falling markets and from securities and transferred to cash. Then all the same, people will return money to the real economy, to production and mining. But confidence in the dollar will fall.
Source: https://habr.com/ru/post/40537/
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