After that, the property declined, resulting in the depreciation of its property to 300,000, and the bank could not recover the loan of 600,000.
Leading to the bankruptcy of some weak banks.
2. Shrinking social welfare: When the economy is good, the welfare items and quotas gradually increase, and then gradually cannot be fulfilled.
3. Unemployment problem: insufficient product sales lead to the reduction of employees, and the pursuit of low cost leads to the transfer of enterprises overseas.
As a result, most of its domestic employees lost their jobs and starved to death when their savings ran out.
4. Staff attrition of civil servants: When the economy is good, the work content is too detailed, resulting in a larger and larger team.
Mainly the above-mentioned visible phenomenon, if it continues to decline, if its technological output advantage has problems again,
The result will be:
1, increasing the number of suicides; 2. The currency depreciates instantly; 3. Wait and see and expect people to join in agriculture;
4. The service industry has basically disappeared; 5, buses gradually replace some private cars, and so on.