I do not think many people will see it.
Write down one article.
It is a story about the collapse of the stock market, which is always mentioned.
This is the content.
A group of world economic intellectuals who have been holding the "Fourth Industrial Revolution"
The "Davos Forum" is concerned about the collapse of the stock market.
All current market indicators are "Lehman Brothers bankruptcy" (subprime mortgage crisis)
It is very similar to the situation.
(
The problem is this
"But I have forgotten the lessons I learned at that time"
"The next financial crisis is likely to spark an unexpected capital market" (presumably due to the tacit reference of the virtual money market).
"The combination of stocks with record highs and near-daily volatility is not sustainable in the long term"
"Many companies rely on debt and low interest rates"
"The prospect of a 4% economic growth rate now seems to be a pretty good economic position, but it is still reliant on monetary policy due to the recession."
"Capital markets have little capacity to cope with interest rate changes" (new market -> virtual currency)
"Investors are becoming numb"
"The next adjustment will appear in a destructive form"
-IMF (International Monetary Fund) Chief Economist Kenneth Rogoff Professor of Economics at Harvard University
"If the interest rate rises, the stock market may collapse, affecting various asset prices, such as beat coins and art works."
"Countries with poor growth (Italy) will suffer in countries with high debt" (including Korea).
(There's this book.)
"There are few tools to deal with crises that can happen"
"There is growing concern that the risks are growing across the financial sector,
"Ten years after the financial crisis began, interest rates are at the lowest level, while central banks are not considering turning the balance sheet, which was inflated by quantitative easing,
Although the global economic growth rate is expected to be 4% next year, the interest rate normalization in the US and Europe, such as the accumulation of asset bubbles over the past 10 years (the domestic household debt including the credit, mortgage and card loan according to the Bank of Korea statistics is close to 1,400) If the speed is faster than expected, we will push for quantitative easing and cumulative problems will come up on the surface of the water.
In Korea, there is a tightening of policy regulation and mitigation of the current issues of optimism, pessimism, and anti-obsession with virtual money. But if you compare the industrial Internet of the 4th industrial revolution and the American industrial in the US, I do not want this to be generalized.
I think the future is always "technology".
I have not been able to write my thoughts and arguments quite frankly.
I would appreciate your thoughts and opinions.
