The person that always has blown lathery bubble is met by its 7 colour gorgeous attract, and children are to be very happy with it more. Nevertheless, we are clear also, hubble-bubble jumps over a circle greatly more brighter, those who leave it is undone often be close to more, and, this kind undone instantaneous is finished.
Fry fry partner, fry a room to fry landlord. This is to be after financial bubble is undone, to the figure description of investor. When financial bubble is expanding, what do we do to make money almost, the stock market can have hundreds of stocks one day to rise, harden person particularly much also. Fund sale obtains mad condition, although be opposite,fund also is willing to invest without notional person buy on a few. Emeritus person takes out pension in succession, see neighbour is bought, oneself also cannot help buying on a few. Many capital afflux stock market, cause the stock market one waves red. Metallic price also rises ceaselessly, futures rises subsequently. People in succession corner house is strange, till exalted undersell. In the backside of price insanity, be the price and value is serious break away from.
God is about to make his ruined, make its mad first surely. When counting a stock to had pulled on a few harden continuously, the city that has had a few times when the market prise of a stock is filled with when leading, it is OK to become agreeable commodity price has been fried by speculator a very high position when, the danger with financial undone bubble had arrived stealthily.
Financial bubble is those who show economic overheat place is caused is abnormal expand, main show is mixed in estate stock respect. Both price often is first rise quickly abnormally, arrived finally, when its the price deviates from already badly its are actual when value, bring about the price to steep fall suddenly necessarily, asset contracts abruptly, bring severe economic crisis thereby.
Say, financial bubble still is not a strange thing, it is early 400 years ago, western Europe appeared with respect to first time " bubble economy " , its main body is a little special nevertheless, either common now estate and stock, however beautiful tulip.
Tulip passed into Western Europe from Turkey at that time, the Dutch that is good at development helps advance somebody's career very quickly went out to provide the varietal tulip that views and admire a gender more. Content with rare for expensive, the price of these tulip bulb also rises quickly subsequently. Below the drive of the interest, bright-coloured flower became agreeable target, so that a lot of people that concern directly without what with implantation tulip also are participated in later,come in, and a lot of people return true one night cruel rich. If things go on like this, gradually over-the-counter trading has satisfied need hard, then futures trades to begin generation again. Investor people do not divide men and women, each is full of glow, be full of expect, of tulip of hope have the aid of luxuriant let oneself become millionaire, for this, do not know to have loan of high interest of how many person, let go one wrestle.
However, right now bubble economy showed its dreariness suddenly. On Feburary 4, 1637, the price breaks away from his already badly the tulip of real value becomes horrible like the devil between one night. This day, the people that hope tulip moves and obtains sudden huge profits astonishs ground discovery, the price of tulip drops quickly, the market is in almost in an instant between break down quickly. Those are owing debt of high specified number to have the person of buying and selling, become broke at a draught, a lot of people commit suicide, the society is turbulent. The disorder of a got-up affair makes Holand whole the country was immersed in economic crisis, tulip was performed famous " bubble incident " .
"Tulip incident " later, human economy history the bubble event that attend happens again and again. Up to now, the bubble of a soap with the largest scale happens in Japan, and this wants from 20 centuries 80 time later period speaks of.
At that time, this Japanese huge economy system Ceng Gong pole temporarily. Two example are being lifted to be able to see the city at that time only here is how boom --
In Tokyo street, swing with respect to somebody at every turn give big money, should hit to the renown Gu Wu outside 300 kilometre, and 1 year income can achieve the taxi driver of Tokyo 10 million yen.
When the undergraduate obtain employment at that time, popular a kind " the wheat that cut blueness " practice, namely the company is signed to it when student drawing near graduates about, but still won't let this student come to a company to attend an exercitation, what send scene charming and gentle him however is Hawaiian go going vacationing -- of course, be with " attend in a advanced studies " name. Why is the company done so? The reason has only, be afraid that the person just is reaved by other company namely.
Below this kind of flourishing setting, however the economic bubble with giant under cover. We had been mentioned in front, the leading role of contemporary bubble economy basically is estate and stock, japan also has no exception. One of business streets with the busiest whole world -- Tokyo is silver-colored, 1989 when the highest peak of bubble economy, its price ever reached every level ground (add up to 3.3 square metre) 120 million yen, and the land price that the price of a Tokyo is equivalent to whole United States. The cause that creates this kind of appearance is in 20 centuries 80 time metaphase, a large number of investor strike at capital real-estate industry, make Japanese price mad thereby violent wind rises. Since 1985, tokyo, Osaka, renown Gu Wu, Kyoto, yokohama and Kobe the land price of 6 big cities is annual rise with the per cent of two digit, tokyo is in 1990 most the price of fastigium was 1983 actually of 2.5 times. "It is OK to sell the land for building of Tokyo the land for building of Tokyo entirely buy next United States " , such opinion on public affairs lets major Japanese bring think be proud. In that time, all along deal with concrete matters relating to work, do not have the Japanese of good impression to spec, stock, actually the countryman that exceeds an in part bought a share. Who does not buy a share, who is fool, because investment of 1 year can have the get one's own back of 100 ％ .
Below such situation, the bank takes out big money to persuade a person to buy the land, accrual practically negligible, price is rising ceaselessly however. If loan buys land, because land appreciates and affirmative meeting earns brushstroke greatly. Besides estate, common people still takes bank deposit to the stock market in succession. The city of Japanese stock market is filled with rate ever was as high as 80 times (the city of area of Hong Kong of the United States, England, China is filled with at that time rate it is 25 ～ only 30 times) . In " ground city does not fall " and " the stock market does not fall " in myth, jubilation of Japanese the whole nation.
However, the characteristic of bubble economy depends on it inevitable meeting is abrupt and undone. The price of Japanese house property and stock exceeded its real value far already, the buying and selling of people had become net seize a chance to seek private gain and hype. Since the first day when the market traded 1990, day classics share price drops swift and violently into hell, its drop of situation make a person quickly stare tongue-tied, subsequently, japanese stock market was immersed in 10 old ursine city. Before bubble economy, a house that spends 500 million yen to buy arrived metaphase fell at a draught 1990 100 million yen, devalue 80 ％ . Although such, large quantities of land and building still sell at all do not go out, the residential absolutely empty of complete, without resident.
Japan " bubble " of economy undone brought serious sequela, share price, price drops considerably, praedial line of business is stagnant, the stock market is long-term low fan, the bad debt such as debit interest bills due increases considerably, the enterprise drops enthusiasticly to the investment of venture industry. And share price whereabouts damaged general medium and small businesses and broad family directly. When throughout history of this mankind economy after the largest bubble crack, full 15 years, japan is in for it repay a debt: Slump, political situation queasy, crime rate rises. With the JR of Tokyo subway the line central is exemple, after bubble burst, become the popular place that bankrupt commits suicide for a time, for this, the subway of Tokyo must install shield door to try to be on guard. Up-to-date, japanese economy still lies in convalescence.
Besides, the case of bubble economy still has a lot of. Be in the United States, financial crisis serious, because American credence overdraws,be should get badly much, its financial storm begins from the sub loan of estate first, allow consumer loan to buy a house namely, reoccupy loan does guaranty to have loan 2 times. Had been indebted, be in debt to still can do asset to have mortgage unexpectedly, so serious credence overdraws, time can give an issue one day. The United States is not not to know this condition, but long-term since, american credence did not appear any problems, this kind of chronic illusion makes the United States blows financial bubble bigger more, until final and undone.
Actually financial foamy matter says simple also, did not do a risk to accuse to be made namely, a country is such, individual investment also is such, if you borrowed money to invest, also invest to whether can reclaim in the future without giving thought to, just have a happiness to future anticipate, your danger that invests affirmation to hit water to float compares such word big. The money that a lot of enterprises rely on to borrow relies on to default operation of others Zhang money, the surface although very scene, but this prosperity that is the surface, once a certain segment gives an issue, the industry closes down possibly. Some families did not undertake to the capital of investment the risk is controlled, the surface looks, have money very much it seems that, invested many projects, consume at ordinary times look at extravagant, the conduct financial transactions that did not shift to an earlier date is preliminary, if the somebody in the home falls ill, become an operation, let a family possibly go bankrupt.
Gewgaw, surely not long. Of all ages, any excessive and flourishing societies often are hiding deep crisis. Bubble economy as much such. Arrived modern society, estate bubble and stock bubble fall in the setting of economic globalization, the harm is more serious, affect more extensive, force each national height to take seriously, prevent energetically.
