First of all, the article talks about how perfect the European financial credit system is. In Europe, if your credit card is overdue once, it will be blocked for a long time, but this does not affect everyone in Europe. With an average of three credit cards, everyone will abide by this seemingly harsh credit condition. In contrast, in China, if a person is overdue many times, he may still be active in the capital market, and even so, every three people in China A credit card, does this really have anything to do with the quality of the nation? When we study the formation process of the European financial system in detail, it is not difficult to find that it is actually the specific historical process and political pattern that determine the perfection of the European financial credit system.

The difference between Europe's initial financial formation and China's is that it is composed of small countries. If a country wants to perform the role of finance, deeply process time, gather large amounts of funds, or transfer risks, it must be pooled together Fund intermediaries in various countries can realize this, and they must keep their promises. Otherwise, the next time you are in urgent need of financial management or money, other countries will not lend you money, and you will have to wait to die. And I infer, In this process, there must be some countries that have done things that violated the bottom line. The tragic outcome has made other constituent countries dare not cross the red line. The macro-economic habits of the country also represent the habits of the vast majority of the people. In such a system of decentralization and checks and balances, Under the conditions, from the country to the people, from the past to the present, everyone has adhered to the fine tradition of maintaining their own credit, thus forming a complete financial credit system

There is a question: everyone has As you know, China's current Internet payment industry is particularly developed, and Alipay and WeChat are almost sweeping the world. But we all know that Internet payment relies on the financial system and also relies on Internet technology. Why did a place with a backward Internet and underdeveloped finance develop the most powerful Internet payment system in the world?

? My understanding is: If you learn that a medicine can cure your chronic disease, and after taking it, it turns out to be effective, you will continue to take it and spread the word. The emergence of Alipay and WeChat has just solved the problem of being unable to exchange credit between individuals, between private enterprises and private enterprises, and between private enterprises and individuals, filling the vacuum zone of "lack of private credit" , and Europe, which has a relatively complete financial credit system, does not have a strong demand for a third party to realize credit guarantee. Therefore, in a China where the Internet is backward and the finance is not developed, the world's most powerful Internet payment has been "grown". system. ?