Next year G20 may have to discuss how to deal with the crisis

The next G20 may have to discuss how to deal with the financial crisis Sina opinion leader column (WeChat public kopleader) columnist Xiao Lei in 2017, including the United States, the world needs to again face the fed once again raising the interest rate shock. Ten thousand steps back, even if the interest rate hike, the risk of financial market will otherwise detonate, because in addition to "money" and "meeting", the global issues of economic growth have no way. G20 next year may have to discuss how to deal with the aftermath of the Asian financial crisis in 1999, the impact of the crisis is not scattered, the G7 finance ministers of the G20 forum coordination mechanism in Cologne, to prevent a repeat of the Asian financial crisis similar to the relevant countries, held an informal dialogue on International economic and monetary policy, in order to facilitate international financial and monetary system the stable. In the next few years, the group of twenty meeting by the national finance ministers or central banks to participate in the country, indeed to stabilize the global financial and monetary system after the Asian financial crisis has played a certain role. But G20 did not form a real decision-making framework, is still to explore and focus on the current economic and financial focus. Until 2008 the U.S. subprime mortgage crisis, the global financial system once again under the impact, there is no country in this round of crisis retreats, G20 quickly turn into not only to discuss monetary and financial conference, held at the beginning of the twenty G20 summit. Has continued to this day. Up to now, G20 has discussed not only the main trends and concerns of the global economy, but also the market economy of billions of people, as well as more than 85% of the world’s total production. Assuming that there is no Asian financial turmoil in 1997, the U.S. subprime mortgage crisis in 2008, G20 may not be born, it will not go to such a high degree of concern. But from the current G20 influence, in addition to concern their economic interests, and held related multilateral or bilateral meetings, more is to introduce some not much binding "bulletin", the ability to get G20 more organized and problem solving, seem to need a bigger "crisis", to to strengthen the substantial cooperation. From the current global financial markets, it is no exaggeration to say that such a crisis does not seem too far away. There are many kinds of theories and logic in the field of economic research, but no matter which one is based on the change of some phenomenon, industry, technology, price and so on. A period of 9 to 10 years of economic cycle such as the 1860 French economist Giulia G Lathi proposed, is based on the national income, the unemployment rate and the most economic sectors of production and profit and price volatility as a symbol; in 1930 the United States economist Cunets also has a thriving and decline in the construction industry as the base of the cycle of economic cycle, about 15 – 25 years; Inpet in 1936 to the "innovation theory" as the basis, put forward his own theory of the cycle, the main technical invention in each period and their application, highlighting the development and production technology, as a sign of cycle. In the investment market, I am more in favor of Giulia G Lathi’s 9 – 10 years相关的主题文章: