According to report of CNBC of media of American finance and economics, wei president holds Baikexierhasa concurrently presiding apparitor, " god " fertile Ba Fei of human relations · is special (Warren Buffett) give out a warning to say, producing financial crisis again is inevitable.
Buffett is being accepted when interviewing by CNBC compere Andrew · collect Si Suoerjin (Andrew Ross Sorkin) ask about, whether does he fear financial crisis will happen again.
"A certain moment returns tomorrow for certain will recurrent (financial crisis) . " the say when Buffett is accepting CNBC to interview.
This week is Lei Man 10 years when brother goes bankrupt, a lot of investor think Lei Man's brother goes bankrupt was 2008 the major event of financial crisis.
Be known as " Aomaha is prophetic " Buffett explains, another bubble generation is inevitable, because the person's nature is envious,mix greedy.
"Because,people begins to be interested in some type thing is (its price) rise, is not know such things because of them or be other pron any thing. But if a certain well-known blockhead next door becomes rich, so their spouse can say, why are you no good? " say of Ba Fei spy. "This is very infectious. And this is a part of permanent presence in whole system. And this is a part of permanent presence in whole system..
In the time of a few weeks after in Lei Man brother closed down on September 15, 2008, bai Kexi Er with a ha scatters Wei company to seize an opportunity, to Gao Cheng the group is mixed general and electric had major investment.
Buffett: In the crisis, everybody is a piece of dominoes
Observe current beauty couplet store add breath and dollar to rise cease to pound the performance of rising market capital fund below jointly, economist thinks, current banking system is more weak even, a crisis or with differ completely before this, and policy constitutor will should be opposite hard more.
2008 on September 15, the United States 4 cast greatly one of travel Lei Man's brother announces to go bankrupt, advocate because be to come from sub room of the United States to borrow,appeared tremendous flaw, a lot of inferior United States rooms lend account credence at that time undesirable, but still can apply for praedial loan, and American investor bank has these the problem again however and low inferior room borrows grade with high grade room bind each other, after praedial mortgage loan undertakes negotiable securities is changed, again sale of market of go off with.
Subsequently, american inferior room lends account namely advanced beauty couplet store the concussion of breath rises considerably inside lieutenancy of chairman Alan Greenspan under, cannot lose a contemporary pressure to appear then break a contact, brought about whole money market to appear the crisis of systematization.
Buffett says to this memory, "In that one crisis, place oneself at the market of any corners we, it is a piece of domino only. It is a piece of domino only..
Buffett expresses, to American economy for this old machine, any spare parts damages, can cause tremendous effect actually, the financial seismic sea wave 2008 lets people of a lot of United States unaware. But, ling Bafei feels those who comfort is especially, await Berkshire Hathaway company to be mixed to Gaocheng in those days
Speak of beautiful at that time couplet store help city, highly praise of Ba Fei spy, beautiful couplet holds the post of when store couplet of chairman Bernanke, new York store chairman Timothy Geithner and American Ministry of finance grew Hank Paulson to make the hero's general effort. Say of Ba Fei spy, "They behave resemble a hero same. "They behave resemble a hero same..
Financial crisis after 10 years today, it may be said of economy of current United States is flourishing, unemployment rate achieves the history new 3.9% low, in the meantime
The whole world before Lei Man is presiding economist: Crisis lesson was not absorbed completely
But at present, still have a lot of market economist doubt, couplet is in the beauty store litre of breath method of advance gradually type under, in fact at present standard interest rate of the United States and past rise breath photograph a few times to compare, still be in inferior level, and if American economy appears bigger decline, so beautiful couplet store be afraid do not have more lowering interest the space is offerred for the market with this prop up.
In the meantime, the eyewitness that goes bankrupt as Lei Man and 2008 the person kiss all previous of financial crisis, the whole world before Lei Man is presiding economist Paul Sheard recently speak bluntly, the government did not draw the lesson when crisis of annuity be in harmony completely.
Paul Sheard expresses, although policy constitutor was acquired adequately " from begin at first, use up everything hard to prevent financial crisis to evolve further, because crisis dispute often is had ruinous " this, adopted positive step to answer potential crisis, such as pays close attention to the capital with taller bank of macroscopical economy and macroscopical banking environment, requirement morely hold of bank of enough rate, requirement more liquidity capital fund and build " orderly liquidation mechanism " this 4 big step.
But, it is the most important that Paul Sheard thinks policy constitutor can not absorb the 2nd lesson: The design of modern banking system has its inherent drawback, of financial crisis is the character with the impartible solid in financial system, cannot eradicate. Paul Sheard warning says, "Policy constitutor thinks, the United States cannot be recurrent similar the crisis 2008, did not cause consequently enough take seriously, however, this kind is evaluated excessive and hopeful, current financial system is compared when 2008 more flimsy, policy constitutor fears should be opposite hard more. Policy constitutor fears should be opposite hard more..
Storm of rising market finance: Current banking system is weak still
Couplet is in the beauty store adopt " progressively and cut plan " hind, european Central Bank also has begun to roll out QE plan, this reduced the additional finance liquidity in economy.
Professor of London plutonomy courtyard, before Charles Bean of assistant president of England bank monetary policy indicates approval to this, he expresses, 8 years of crises that the characteristic that believes crisis of a banking experiences before likelihood and this somewhat need not, and be " reasonable " .
Bean expresses, of American monetary policy tighten up, brought to the dollar go up pressure. A lot of rising market countries were mixed in the past company with dollar borrow or lend money, and the low interest rate before this makes its appeal very. But now, rising market is propped up sufferring beautiful couplet store the double blow that adds breath and dollar violent wind to rise.
