The Formation, Impact Of The Global New-type Financial Crisis And Caution To China

Since the Sub-prime Mortgage Crisis broken, sub-prime mortgage institution bankruptcy, investment funds were forced to close, most of the stock markets took their great beating, besides the harm to the world financial system continue to deteriorate, bringing about a worldwide financial storm. The outbreak of the sub-prime mortgage crisis has not only greatly inflicted the Wall Street, but also gradually spread to the real economy, causing the greater impact on other economies around the world. Deflation, a serious shortage of liquidity crisis has emerged in the major world financial markets. So far, countries in the world are striving to find effective ways to deal with the influence of this crisis.Today, the whole world still not gets rid of the impact by the financial crisis, besides the pain, we should make more rational and deep thinking on this crisis. In this article, starting with the sub-prime crisis, analyzes the initial and deep-rooted reasons for the crisis breaking, excessively financial liberalization, monetary policy mistakes and the rise of moral hazard; this financial crisis has caused great impact on the global economy.This article analysis the deep-rooted reasons to every heading caused by the crisis in very detail, including the influence to the United States, world and China; This crisis are a hundred of bricks, all the world mayor economies are aware of its seriousness, meanwhile taking measures to deal with the crisis, with the continues of the crisis, a series of measures have been taken to revive the economy in 2009, this article will give a introduction on such measures in great detail. In addition, international organizations have also played a certain role in the crisis, this article will be aimed at the three summit meeting in Washington, London and Pittsburgh to conclude the major contributions; Finally, this paper summarizes the lessons on our country by the financial crisis, in general, pay attention to preventing risks, intensify supervision, improve macro-control system, expanding domestic demand, changing the ways of economic growth.