Economic Crisis Study

First time in history the economic crisis broke out in the UK in the1820s Since then, the global financial crisis, economic crisis willperiodically staged. With the increasingly close economic and tradeactivities are becoming more frequent, a certain strength of the economiccrisis in the extent of the outbreak of a country’s economic exchangesof the world, or unilateral financial crisis, often spread to othercountries and regions, giving rise to the world of the economic crisis.Western economists have long tried to explain the economic crisis, doesnot recognize the full range of overproduction from Adam Smith, Ricardo,Say to Sismondi, Malthus recognized the full range of overproduction ofthe economic crisis, as well as modern Western economist’s view on theeconomic crisis have focused on the argument and so forth, are not thesame, but nobody from the capitalist mode of production, economic systems,in-depth to find the root causes of economic crisis.In2008, the financial and economic crisis caused by U.S. subprimemortgage crisis sweeping the globe, so that the global economy once againplunged into the most serious economic recession since the GreatDepression of1929, most countries and regions economy is badly weakened,has not yet been recovered. Financial, economic socialist China has alsobeen some impact. Based on the elaborate and analyze the basis of thetheory of Marxism-economic crisis, a simple review the course of the pastcapitalist economic crisis periodic outbreak of the system analysis ofthe contemporary international financial crisis, economic crisis, thespecific performance further obtained in2008the international financialcrisis, economic crisis equally rooted in the basic contradictions of the capitalist system. The culprit is still the greedy capitalists, the directcause of the financial crisis, economic crisis since the1980s, theproliferation of neo-liberalism. This article analyzes the2008financialcrisis, economic crisis demonstrated by the phase characteristics. Chinahas become the world’s second largest economy, the import and export ratiohas gradually increased, and the world trade with China is more and morefrequently, the volume of trade is also growing, especially in financialcooperation and exchanges have become more frequent, so the financialcrisis, economic crisis on the development of China’s real economy, thefinancial sector such as the influence and impact. Therefore, this articleattempts, on the basis of the theory of bedding and empirical analysisof, for the socialist market economy, the same will be subject to aworldwide financial crisis, economic crisis, the same may nurture theeconomic crisis of this reality, proposed in China to prevent the economiccrisis and abatement economic crisis specific recommendations: On thebasis of the basic economic system to adhere to the guiding position ofMarxism, the development of the theory of Marx’s economic crisis, upholdthe public ownership as the mainstay of the coexistence of diverse formsof ownership, the transformation of economic development, adhere to themacro-control, strengthen financial supervision, to be alert to the riskof the dollar hegemony transfer strategy to accelerate the pace ofinternationalization of the RMB, and promote the healthy development ofsocialist market economy and the financial sector.