美国次贷危机

次贷危机PPT模板下载：行业PPT模板：节日PPT模板：素材下载：背景图片：图表下载：优秀PPT下载：教程：教程：教程：资料下载：课件下载：范文下载：试卷下载：教案下载：(inthelate2000s)Author134TheUSsubprimemortgagecrisisDefinitionofSubprimemortgagecrisisCausesofSubprimemortgagecrisisImpactsofSubprimemortgagecrisisSolutionofSubprimemortgagecrisis22020/3/23ThesubprimemortgagecrisisalsotranslatedasDebtcrisis.ItisanongoingfinancialcrisistriggeredbyadramaticriseinmortgagedelinquenciesandforeclosuresintheUnitedStates,withmajoradverseconsequencesforbanksandfinancialmarketsaroundtheglobe.美国次贷危机，是指房地产市场上的次级按揭贷款因债务人无法偿债而引发的金融市场危机。它是指一场发生在美国，因次级抵押贷款机构破产、投资基金被迫关闭、股市剧烈震荡引起的风暴。1DefinitionofSubprimemortgagecrisis1.prime优质贷款2.“ALT-A”3.subprime次级贷款Only$12020/3/23SubprimeMortgageCrisisEconomicCrisis2020/3/232020/3/232.1Boomandbustinthehousingmarket（房地产市场的繁荣与萧条）Lowinterestratesandlargeinflowsofforeignfundscreatedeasycreditconditionsforanumberofyearspriortothecrisis,fuelingahousingmarketboomandencouragingdebt-financedconsumption.低利率和外国资金的大量流入创造了宽松的信贷条件,多年来在危机之前,加剧了房地产市场的繁荣和鼓励负债消费。CausesofSubprimemortgagecrisis22020/3/232.2Speculation投机Speculativeborrowinginresidentialrealestatehasbeencitedasacontributingfactortothesubprimemortgagecrisis.Anditcontributedtorisingdebtandaneventualcollapseofassetvalues.住宅房地产的投机性借贷一直认为是次贷危机的因素,投机性借贷导致了不断增加的债务和资产价值的最终崩溃。CausesofSubprimemortgagecrisis22020/3/232.3PoliciesofcentralbanksCentralbanksmanagemonetarypolicyandmaytargettherateofinflation.Theyhavesomeauthorityovercommercialbanksandpossiblyotherfinancialinstitutions.Theyarelessconcernedwithavoidingassetpricebubbles,suchasthehousingbubbleanddot-combubble.中央银行货币政策和管理目标通货膨胀率。他们有一些商业银行和其他金融机构的权力。他们不太关心避免资产价格泡沫,房地产泡沫和互联网泡沫等。CausesofSubprimemortgagecrisis22020/3/232.4Financialinstitutiondebtlevelsandincentives金融机构的债务水平和激励机制Borrowingatalowerinterestrateandinvestingtheproceedsatahigherinterestrateisaformoffinancialleverage.Thisisanalogoustoanindividualtakingoutasecondmortgageonhisresidencetoinvestinthestockmarket.Thisstrategyprovedprofitableduringthehousingboom,butresultedinlargelosseswhenhousepricesbegantodeclineandmortgagesbegantodefault.以较低的利率借款和投资收益更高的利率是金融杠杆的一种形式。这类似于一个人拿出第二抵押在他的住宅投资股票市场。这个策略被证明是有利可图的房地产繁荣时期,但当房价开始下降导致巨额亏损和抵押贷款开始违约。CausesofSubprimemortgagecrisis2Domestic1.Low-incomeearners收入不高的(购房者)2.Subprimemortgagelenders次级抵押贷款机构3.Investmentfunds投资基金3ImpactsofSubprimemortgagecrisisForeign1.InternationalTrade2.Finance3.ForeignCurrencyReserves外汇储备1)对美国经济的影响:穷人没了房子住。(2)对全球经济的影响:富人不敢到美国来买房子。(3)对中国经济的影响:中国的富人，穷人都来美国抢房子。3ImpactsofSubprimemortgagecrisis2020/3/234SolutionofSubprimemortgagecrisis1.strengthentheanalysisofthemacroeconomicoperation,attentiontotheriskofeconomiccyclefluctuations.要加强宏观经济运行的分析，高度关注经济周期波动可能带来的风险。2.scientificdesignofcreditproducts.要科学设计信贷产品。3.dealwiththerelationshipbetweenmacroeconomyandthespecificproduct.把握宏观经济走势与具体产品的关系。4.controlthescaleandrisk.做好预警，控制规模与风险。5.insistontheprincipleofprudencefinancialinnovation.融创新要坚持“谨慎经营”原则。2020/3/23CHINA1.ActiveFiscalPolicy2.LooseMonetaryPolicy3.StableExchangeRatePolicy4.currencyswap(crosscurrencyswap)互惠外汇信贷,互惠信贷,互换货币