The Financial Crisis Of Credit Imbalance

Since the second half of 2007, the U.S. subprime mortgage crisis as ammunition financial crisis fiercer, many scholars and experts on the crisis had a lot of research and prediction, many economists think the subprime crisis is due to the lack of financial supervision, but also has many researchers think that the financial crisis of the outbreak is mainly due to the credit of the unbalance, essence is due to a crisis caused by credit. Undoubtedly, the imbalance of the problems in the credit crisis plays an irreplaceable role.This article is based on the above the background of the financial crisis and credit unbalance of the relationship between research and analysis. The thesis consists of four aspects: firstly, starting from the subprime mortgage crisis and detailed us subprime mortgage crisis which exposes the unbalance of credit. These problems are mainly: subprime mortgages and the development of the securitization of credit control cause imbalances, Credit rating agencies for securitization of credit rating of existing products imbalances, Hedge fund investment risk of securitization of credit risk products, Under the background of excess liquidity, commercial Banks to reduce retention funds and extend the credit risk exists subprime loans. Secondly, the paper tells the imbalances caused a global credit crisis, mainly displays in major economies weaken the credit crunch and liquidity, Financial losses and real estate market price declines comprehensive etc. In the third part of the thesis is fed the measures are critical. Papers from the effects of the measures and the measures to solve fundamental problems without criticizing the two aspects of the municipal government, then analyzes the advantages and disadvantages of different policy choices. Finally the paper in combination with the actual economic conditions of our country, credit personal credit system construction, Financial innovation of credit risk control, Export enterprise credit risk control and commercial bank credit system construction of my Suggestions, etc. The innovation of this paper mainly embodies in the following aspects: first, the articles in this topic in the most concern for global - the subprime crisis, the subprime crisis successively for background research and analysis of the problem. Second, this article from the subprime crisis in credit imbalances from this Angle, the credit analysis and research on the financial crisis, rather than most researchers from the Angle of credit. This paper adopts the latest data, combined with the countries of the subprime crisis, the imbalance of the credit, mortgage loans to Chinese financial derivatives and the construction of credit risk control are proposed. Third, in the research method, with the development of science and development, the boundary between the various disciplines and fuzzy multidisciplinary, using the method of combining study more and more important. Based on the economics, science, mathematics and computer application, etc, to study the relevant theory of comprehensive consideration of the problems. This paper adopts theory and method of combining the reality from the subprime crisis, the reality of the theoretical derivation credit imbalance, and comprehensive use of relevant principles and methods of economics, the us subprime mortgage crisis in credit system is studied, and the problems of China's credit system arrangement and long-term change process related problems were analyzed and policy recommendations.