That is to say, a large number of foreign-funded enterprises have withdrawn from a country's domestic market (only one phenomenon, and there are countless channels to reduce the stock of market funds), so he changed his assets into local currency, and then went to the bank to exchange them for foreign exchange (usually dollars) to take away, so that these local currencies existed in banks, and local currencies flowed into banks, reducing the stock of the market. At the same time, the export trade is sluggish (the main reason), and many commodities are overstocked in China. Many funds have become commodities and cannot be realized, which has also caused the stock of money in the market to shrink. These overstocked commodity holders have products but no funds. After a long time, they will increase the price cost and cannot sell it. If they can only reduce the price, it will be a loss. If they lose money, they will go out of business. If they lose their jobs, they will lose their wages. If they lose their wages, their purchasing power will be reduced. So the goods can't be sold, forming a vicious circle. If this phenomenon occurs in all walks of life, excessive accumulation will turn into an economic crisis. Generally, countries will take active measures. On the one hand, they will put money into the market to stimulate purchasing power. On the other hand, they will introduce measures to encourage enterprises to resume production in order to avoid the danger from expanding and deepening. When the economic crisis was extremely serious, a large number of factories and enterprises closed down, a large number of workers lost their jobs and living materials were extremely scarce. Prices will soar later. Unemployed workers have no money and can't afford it, and their lives will be extremely difficult, which will cause social unrest and instability.
. At this time, the only thing the country has to do is to try its best to resume production. Generally, by injecting capital into enterprises, it can quickly start commodity production, so that workers can make money, and the commodities on the market will increase, gradually forming a virtuous circle. The depreciation of commodities and materials will lead to the relative appreciation of the currency. It is worth noting that depreciation and appreciation are not necessarily synchronized with the emotional interference of the whole society (also affected by the international currency exchange rate), and the goods in a certain field will suddenly plummet, which will lead to the sudden collapse of this field. Currency has appreciated countless times in this field, and savvy businessmen will find the right time to take over and become billionaires in the future. In countries with poor management, there will be economic crisis leading to inflation, and inflation will also lead to economic crisis, because economic crisis and inflation are two ends of a seesaw balance beam, and management is the fulcrum. Improper measures will lead to serious imbalances, just like Zimbabwe and Venezuela, Argentina and Turkey, Brazil and so on. It doesn't usually happen in China. First, the management mechanism is sound, and second, there is a large space for coordination. Third, the population base is large and the regulation dimension is deep; Fourth, the industrial categories are complete, which can form the self-circulation of the commodity chain; Fifth, the economy is large, the market capacity is large, the ability to resist risks is strong, and so on. But there will be fluctuations.
Economic crisis and financial crisis are not the same thing. Although they are closely related, they are both two-dimensional problems. Therefore, we have reason to believe that when the economic crisis occurs, although the financial sector has been hit hard, it can still "exchange time for space", that is, quickly transform financial assets and minimize losses. This is the advantage of finance. On the other hand, traditional entities cannot quickly transfer this crisis in a very short time, because a large number of fixed assets are vacant and may become a pile of liabilities. Therefore, when the economic crisis occurs, it is the traditional industries that pay a huge price. On the contrary, those bad financial speculators can turn bad capital into high-quality capital through rapid transfer, minimize losses, and the most basic thing is strong liquidity. In addition to the huge impact on traditional industries, there are also areas that are highly dependent on the capital market, such as the Internet and venture capital. Due to the dependence on capital, these areas are weak in resisting economic crisis, such as e-commerce platforms and so on.