美国次按问题的实质

次按危机愈演愈烈，给全球金融市场和大型金融机构造成重大损失。该文深入分析了次按危机的深层影响，认为次按危机引致的信贷紧缩已经演变为消费紧缩，打破了美国长期以来借钱消费的兴旺周期，美国过往的消费模式从而经济增长模式已难以为继；次贷危机不仅直接打击美国经济，同时也拖累世界经济增长。文章认为如何解决美国经济的结构性问题以及这个过程会对世界经济产生何种影响，才是解决美国次按问题的实质。

Essence of US subprime mortgage crisis

The worsening subprime mortgage crisis has caused great losses in global financial markets and major financial institutions. With a thorough analysis on the fundamental influences of the subprime mess, the author holds that the credit crunch caused by the crisis has turned into a consumer crunch. The long-term booming circle in the United States based on consumption by borrowing has been broken, and it is difficult for the US to continue with its consumption as well as economic growth models. The subprime m...