Financial institutions are institutions engaged in financial market transactions. Every financial crisis is basically caused by the bursting of the bubble of the means of production, and this time is no exception. Because the real estate market in the United States is too prosperous, a large number of subprime loans have been produced, and the bursting of the real estate bubble has caused many subprime lenders to be unable to repay their loans, leading to the collapse of the real estate industry, banking industry and even the virtual market. There has been such an influential financial crisis.
For more information, you can go to Miaowei Finance and Business Education. Miao Wei's financial and business education has established a financial literacy education system in which Xiaobaiying and advanced courses complement each other. Xiaobaiying is known and understood mainly through basic knowledge concepts, cases, practical exercises and interactions. Advanced courses include philosophy courses, basic courses and professional courses, so that people can correct the speculative thinking of "getting rich overnight" and establish a correct concept of wealth growth while learning the standardized financial platform or tools recognized by the state.