On U.S. Subprime Crisis: Impact; Enlightenment

At the fourth quarter of 2006,US subprime crisis began to appear,especially in September,2008;it had changed into a serious century financial crisis which shook the U.S. financial market strongly and exerted a far-reaching influence on international financial market and the economic development of world and brought unprecedented difficulty and challenge to the operation of China's economy at the same time.At present,China's economy incorporate world in the economic globalization,change of international economy display through China's development and change of economy to a great extent progressively.So,pay close attention to US subprime tendency and study relevant countermeasures actively,there are very strong realistic meanings.This text reviews the relevant theories about financial crisis at first,scrutinize different theory models at different stages,and analyze the background factor of different theories and limitation for each period.I believe that each different theoretical model can not effectively explain current subprime crisis phenomenon,but it provides useful analyze study model.Next,explain and review US subprime crisis,through analyzing gradual progress and cause and effect of the loan crisis,summarize the new characteristic of US subprime crisis. US subprime crisis is the global crisis which under the new situation occurs,is temporary defeat of the Wall Street pattern,is result of the liberalism financial policy.Once more, focus on analysis of influence brought toward international economy,U.S.A.'s economy and China's economy by ubprime crisis emphatically.Finally,through analyzing influence and enlightenment that US subprime once bought to China's economical operation,offer relevant reference suggestions that and make China's economy run steadily.At the end,do some relevant prospects to the economical operation of the World after the crisis.