The stock market is an integral part of the virtual economy
The stock market is an integral part of the virtual economy, the main characteristics of virtual economy is passion than rational, straightening up after is inevitable, crooked overdo it will rise, fall will drop too hard. Current China’s stock markets, are facing the most severe situation 18 years, government and to this serious situation management must have a correct estimation and accurate grasp, under a punch, potent medicine to save Mbt shoes market and change expectations. If the Chinese stock market panic expected, if cannot be effectively change the internal contradictions of China’s stock market cannot be effectively defuse, then over the whole world economy from the financial crisis to the transformation of the economic crisis, with China’s economy next year will appear in more difficult and more severe situation, the stock market will become the long XiongTu far until the sliding into the abyss. Until then, virtual economy produce huge negative wealth effect will give the entity economy, China’s economy to bring major blow will appear more difficult and more dangerous situation.
By the American subprime dominoes caused by the collapse of the global financial crisis is turning to the new. If the subprime crisis first stage for industry transformation from product crisis crisis, industry crisis and then formed the worldwide financial mbt shoe tsunami, then the second phase of the subprime crisis is the most main characteristics by financial crisis into comprehensive economic crisis, and will give the world economy bring major and continuing destructive impact. As a result of this financial crisis subversive, comprehensiveness and long-term characteristics of it in future years, and even decades of economic development will produce negative influence of inestimable to world financial system, and the economic development mode influence and even may last for 100 years or longer.