Causes of the Subprime Crisis and Its Enlightenment to China’s Economy
- https://doi.org/10.2991/aebmr.k.210319.059How to use a DOI?
- Causes of Subprime Crisis, China’s economic development, rational consumption, financial supervision
The reasons for the subprime mortgage crisis in the United States are involved in this paper. On the surface, it is the result of the Fed’s rate adjustment. In fact, there are many more in-depth reasons for the outbreak. In this article, briefly summarizing the development process, the author carefully summarize the realization that the crisis brought by analyzing the causes of its occurrence and the cause of the crisis. The crisis has inspired us to consume rationally, change the economic growth mode, strengthen financial supervision while financial innovation, and guard against risks, especially in the real estate market.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Tianyi Wang PY - 2021 DA - 2021/03/22 TI - Causes of the Subprime Crisis and Its Enlightenment to China’s Economy BT - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021) PB - Atlantis Press SP - 326 EP - 329 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210319.059 DO - https://doi.org/10.2991/aebmr.k.210319.059 ID - Wang2021 ER -