💵 Successed financial reforms in past

    💵 Successed financial reforms in past

              what happend before ?

              how we will avoid depression ?

                                                                                              source: wikipedia, 大村大次郎 - Wikipedia

    economic depressions

    

        1⃣ Great Depression (1929 ~)

        2⃣ Oil Shock              (1973~)

        3⃣ Lehman Shock     (2008~)

 

 

        1⃣ Great Depression (1929 ~)

 

            ➀ stock price accident in USA

                ➊ stock price decrease                                     (  reason, difficult to predict  ) 

                ❷ USA protect company with trade tax increase

                ❸ $ & pond was a key currency.

 

                     $ & pond use in trade, decrease    =    currency value of each country, become non stable

 

            ② bankrupt in germany

                ➊ depression                   

                ❷ GDP decrease = company income decrease = unemployment

                ❸ tax decrease = bankrupt of country & hyper inflation

 

            ③ Gold standard system, stopped 

                ➊ Gold standard system, lock value of currency between gold

                ❷ Gold standard system, stopped in some country

                ❸ to pay debt,  inflation necessary, to reduce value of debt

 

        2⃣ Oil Shock              (1973~)

 

            ➀ war happen at middle east

                ➊ confliction around oil income, between oil company & middle east    

                ❷ some war start around israel

 

            ② middle east country, stop sell oil

                ➊ OPEC = ally between middle east country, to earn gold

                ❷ OPEC, plans price of oil

                ❸ OPEC, reduce amount of oil export into world

 

            ③ price of products, increase in world

                ➊ oil = fuel of ship & car

                ❷ transport cost increase

                ❸ inflation of product price happens.

 

        3⃣ Lehman Shock     (2008~)

 

            ➀ house loan, increase

                ➊ house for Middle Income Group = loan

                ❷ bank support Middle Income Group, with house loan bond

            ② house loan bond system

                ➊ slow inflation

                ❷ house price predict to increase

                ❸ Middle Income Group,    success to buy house,    with resale house

            ③ when house loan bond unpaid = bankrupt of bank

                ➊ house bond number increase

                ❷ demand of house ( bond )  << supply of house ( bond ) 

                ❸ bankrupt of bank

 

    in past economic depressions, what had happens ?

               1⃣ debt of country increase

               2⃣ unemployment from lack of gold

               3⃣ economy trade become small, to protect company

 

            💵 IMF & UN, reduce all country s debt, possible

 

    successed financial reforms in past

 

        1⃣ ROMA

            ➀ country survey tax of each person                             

            ② filing tax with not currency but with resource ( at hyper inflation )

        2⃣ Germany ( after WW2 )

            ➀ industrial reform

            ② export increase

            ③ powerful EURO, support value of gold

        3⃣ Greece bankrupt ( 2009 )

            ➀ Financial adjustment                                ( reduce expenditures )

            ② support & management from EURO country

            ③ EURO 's value is solid, even in 1 country 's financial crisis

 

 

 

 

    in successed financial reforms in past, what was key point ?

            ➀ powerful industry

            ② powerful & solid value of country gold

            ③ trade exist                                            ( other country 's solid gold, support country 's gold value )

 

 

    read also

        💵 IMF is system, to reduce all country s debt

 

 

    💵 economy links

💵 eco system can predict density of gold     💵 war prediction from economy indicator     💵 tax income =< consumer income     💵 if sum of player's gold = minus, bankrupt     💵 your gold => Average, in static calculation     💵Too many Product = Debt,Too many Gold = inflation     💵 Successed financial reforms in past

 

 

 

 

 

 

 

    from writer