The more developed the finance, the greater the risk! Especially the half-understood Dong Shi Gong, even more terrible! Like the Chinese men's soccer team, you can't buy results with money, and you can only lose more miserably! From 2008 to 2014, financial institutions frantically exported funds, still considered to be effective demand, at least the economy is still fully prosperous, the flow of funds is still smooth, after 2015 it has become a risk resolution, social mobility is blocked, funds flocked to finance and real estate, local government bonds, the risk is getting bigger and bigger, and now it does not dare to break, everything is naturally stagnant! Now that interest rates are lowered and liquidity is released, how many qualified borrowers are there? Even qualified borrowers, there are a few people who dare to invest in a market with excess capacity and insufficient liquidity! There are too many financial institutions, and there are too few groups to serve, resulting in a large number of urban and rural residents who do not understand anything to enter the investment market in a vacuum, not only did not earn money, but also had to bear the resulting financial disorderly expansion, the cost of living rose dramatically, low savings and high debt of the tragic fate! "Don't empty your motherland", what a painful and profound realization!
