Second, the locomotive

Hao Chao said anxiously: "Debt, debt, debt! The world's big and small countries have all worn the heavy armor of debt, and under the pressure of heavy debt, will there be greater downside risks for the world economy?"

Xiang Shuhua said calmly: "When there is a problem in the economy, the government can choose two measures: one is to bail out through capital injection and liquidity support to curb systemic risks, and the other is to allow it to go bankrupt but face the possibility of a systemic crisis." Pen & Fun & Pavilion www.biquge.info"

Guan Shijie sat there and rarely spoke, he was listening quietly to the children's speeches, with the aim of making a final concluding speech on their speeches. At this point, he couldn't sit still, saying: "The government is willing to use the former measure and not the latter." ”

Xiang Shuhua added: "The Fed has gone through four rounds of quantitative easing, and the results of each quantitative easing have eased the crisis, but the Fed's balance sheet has expanded sharply and the debt burden has increased. Increasing leverage is always happy to increase debt and expand investment, and deleveraging is always painful because it is thinking that the credit crunch is coming to an end, and I think the Fed's quantitative easing is coming to an end. In the days that followed, only the second measure allowed it to go bankrupt. ”

Guan Shijie said: "Looking at the world, from North America to Europe are already heavily indebted, Latin America's huge debt has always been a hidden danger to economic development, Asia is also about to enter the quagmire of heavy debt, the world is entering a stage of borrowing new debt to repay old debts and using central banks to print money." In the past, we said that the United States was the locomotive of the world economy, but now it seems that this locomotive is about to fail, and its government relies on raising the debt ceiling every year to maintain its operation, and the debt of the whole country is as heavy as a mountain, and the heavy debt has eroded the country's development dividend and dragged down the country's economic growth.

After 2008, the economic development of the BRIC countries has been very fast, driving the slow progress of the world economy and playing the role of a locomotive, but in the past five years, since the Federal Reserve began to officially launch the quantitative easing policy exit plan, emerging market countries have generally suffered from the impact of hot money flight, currency depreciation, and heavy stock market losses.

This shows how fragile the economic development of the BRICS countries is. If the world economy does not have a locomotive, the hope of economic recovery will be dashed, and the world economy will face the risk of another 'recession'---------。 ”

After the bistable director's "Children's Truth Economy" program was broadcast online on children's websites, not many people knew about it at first. With the changes in the world economic environment, the people of the earth feel deeply cold under the cold wind of the world economy, which makes their minds sober up a lot by the cool breeze. They rubbed their eyes and opened their eyes to find that the world is not like the world they imagined, everything in the world is changing, the economy is not always prosperous and there are times of recession and depression, the property market is not only up and down, prices are also up and down, GDP is also positive and negative--------。

The economic chill prompted people to come out of the casino and start to pay attention to the trend of the world economy, and then they found that the children's real economic program broadcast on the original children's website told the current situation and trend of the world economy early, which could not but make the world politicians look at the children with admiration.

Faced with the risk of economic recession, politicians have to put down their bodies and go to learn from children, and the self-improvement institute has also become the focus of the dignitaries.

Calls and letters from all over the world are like snowflakes drifting towards Bo'ai University and Ziqiang Institute. The people of the earth demand that the "Children's Truth Economy" program can continue to be run better.

In order to make the program better, he decided to adjust the composition of the program, and the program team decided to add a person who understands economics after research, which will make the program more in-depth. Bistable thought about it again and again and decided to pull Mao Dan into the program group.

The program team has started the production of a new episode, which is different from the previous episode, that is, it has made an in-depth and detailed analysis of the trend of the world economy in the past 63 years.