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The Next Global Economic & Financial Crisis is Just Around the Corner
Forum for Social Economics Pub Date : 2019-09-23 , DOI: 10.1080/07360932.2019.1667850
As Xie 1
Affiliation  

Abstract

The core essence of the economic/financial crisis is the imbalance between desire and ability. There is a causal relationship among the contradiction between desire and ability, the imbalance between supply and demand, the formation and accumulation of material wealth and value wealth, and the economic/financial crisis. Since the imbalance between desire and ability is inherent, so is the contradiction between supply and demand. Apart from unconventional measures such as large-scale warfare, the most effective way to counter the economic downturn is to curb the ever-widening wealth gap to eliminate the contradiction between supply and demand. The outbreak of the economic& financial crisis is almost inevitable if the inherent contradiction between supply side and demand side cannot be effectively eliminated. Economics should not be divorced from common sense. Everything else that goes against this common sense is nonsense.



中文翻译:

下一次全球经济和金融危机指日可待

摘要

经济/金融危机的核心本质是欲望与能力的失衡。欲望与能力的矛盾、供求失衡、物质财富和价值财富的形成与积累、经济/金融危机之间存在因果关系。欲望与能力的不平衡是先天的,供求矛盾也是。除了大规模战争等非常规措施外,应对经济下滑最有效的方法是遏制不断扩大的贫富差距,化解供需矛盾。如果供给侧和需求侧的内在矛盾不能得到有效化解,经济金融危机的爆发几乎是不可避免的。经济学不应脱离常识。其他一切违背这个常识的都是无稽之谈。

更新日期:2019-09-23
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