news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Preface

As we all know, the United States is a country where everyone trades in stocks. Any changes in the stock market are like a major earthquake to Americans. On August 5, the U.S. stock market officially ushered in a hurricane wave, and "Black Monday" doubled, triggering a panic plunge in global stock markets.

In fact, it was just the Japanese stock market that continued to fall at the beginning. I believe everyone has seen the yen hit new lows many times this year. Recall that the last time it broke the record was the last time. On August 1 and 2, it fell continuously for two days, with the largest single-day drop in four years.

Although the stock market is a dead thing, it is closely connected with people, just like when a person walking on the street sees someone suddenly start running wildly, other passers-by will join in, and finally everyone on the street will run away. The most important thing in the stock market is confidence. After the yen continued to fall, this panic swept all markets and eventually spread to South Korea, Australia, Europe, and the United States.

Most people in China don’t trade stocks, and those of you who are reading this article may not have much exposure to the stock market. So today I will not present so many data and professional terms, but will use the simplest language to analyze it with you.Why did the stock market crash that started in Japan ultimately have the biggest impact on the United States? Does such a large-scale stock market crash depend on people's declining confidence in the United States and the collapse of the US economy? Will it trigger a great depression and how the United States might respond?

US debt collapse