The current financial crisis was prompted by the US housing market bubble. In some ways, the financial crisis is similar to other crises that erupted every 4 years and 10 after the end of the Second World War. &http://www.aliyun.com/zixun/aggregation/37954.html ">nbsp; However, there are essential differences between financial crises. The current crisis marks the end of the era of credit expansion, based on the dollar, a global reserve currency. Other cyclical crises are part of the larger boom-bust process. The current financial crisis is the culmination of a cycle of super booms, which has lasted more than 60 years.
Boom-bust cycles often revolve around the cycle of credit conditions, and always involve a bias or misunderstanding. This often fails to recognize a reflexive (reflexive), cyclical relationship between the willingness to lend and the value of collateral. If credit is readily available, demand is raised, which pushes up the value of real estate, which in turn increases the availability of credit. Bubbles arise when people buy property and look forward to profiting from mortgage refinancing. In recent years, the U.S. housing market boom is a testament. The 60-year super boom is a more complicated example.
Globalisation allows the United States to absorb the rest of the world's savings and consume goods that are higher than their output. In 2006, the US current account deficit reached 6.2% per cent of its gross domestic product. By introducing increasingly complex products and more generous conditions, financial markets are encouraging consumers to borrow. Whenever the global financial system is at risk, the financial authorities have been instrumental in intervening. Since 1980, regulation has been relaxed, even to the point of being in a non-existent state.
The subprime crisis has caused financial institutions in developed countries to rethink risks and allocate assets, and in the next two years, developed countries will reverse their return and strengthen the stability of local financial institutions. This will lead to a sharp contraction in the prices of securities markets in emerging markets, devaluation of their currencies, falling investment, slowing growth and even recession, the most vulnerable of which are the Baltic States and India. The new financial crisis will bring pressure to China's economic growth, but China's capital is also facing the "go out" to take the bottom of the merger and acquisition of the corresponding enterprises a good time.
1. Enterprise Network Marketing Opportunities and challenges in the financial crisis coexist
The advent of the financial crisis maybe some companies have not realized the real crisis, the impact of the crisis on the world's financial system is unimaginable, and the IMF expects that by the end of the crisis, we can probably estimate that the world will pay more than 14 trillion dollars for the financial crisis. The internet has experienced the end of the era just soon, this financial crisis will bring to the Internet what opportunities and challenges? How to use Network Marketing to survive?
Let's look at a set of data October 20 The National Bureau of Statistics released the third quarter of the overall macroeconomic data, in fact, in the first three quarters, from the trend, the overall economic decline is very clear, alone in the first quarter, the single quarter of GDP growth is 10.6, the second quarter is 10.1, the third quarter fell to 9. If, according to the data released in October, the fourth quarter did not have the State Department 100 billion to stimulate economic growth, the economy could drop to 5%. If there is no next year to 4 trillion, entirely in accordance with the trend of the economy itself, next year may, now pessimistic said, 5% can not reach. This explains how the enterprise to prepare for the winter, especially rely on the Internet enterprises to prepare how to do a good winter! How to do a good job of network marketing in this form is not optimistic, to the enterprise's capital chain to bring certain supplies? The family of furnishings believes that the financial crisis is not exactly equal to the enterprise crisis, And the Internet is not now in a very depressed period, so enterprises should adjust all aspects of strategy, pragmatic from the network marketing to develop a set of enterprises for their own enterprise network Marketing program, can be from the cost control effect tracking, such as the main aspects of the start!
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.