As we all know, the essence of the American financial crisis in 2008 is still a capitalist economic crisis, which is caused by overproduction, capital surplus and insufficient consumption. The reason for insufficient consumption is that the fruits of economic development are seized by a few rich people, and the poor have no money to spend. Rich people have a lot of money, but consumption will not be endless; The poor need to buy a house, a car, go to school and see a doctor, but they don't have enough income and need to borrow money to spend. This is why credit card consumption in the United States is booming, as is the subprime mortgage crisis in the United States in 2008. Capitalists lend money to the poor, stimulate consumption and buy houses. In this way, we can start from the cycle of consumption-borrowing-consumption, so that capitalists can constantly "draw blood" from the poor.
Because the United States lent money to the "poor" in the United States to buy a house, it eventually formed a financial crisis that swept the world! The United States joined forces with China and other countries to set up G20 to help the United States out of the crisis! China saved America!