Sandwich trap


Not long ago, and several "small bosses" to chat, they told me they no longer continue in the past year, the business, and do business houses instead. Their laments, the sale of a house, income, top of their year of hard work in the industry benefits.

There are many such examples, a lot of capital into China's real estate. Behind its popular is because the living environment of China's real economy is getting worse, wedding dresses getting lower and lower profits, and a large number of real estate capital flocked inevitable result?

This scene is exactly like the Asian financial crisis, such as prior to the case of Japan and the ASEAN countries. We seriously to comb the development of the Asian economic history is not difficult to discover, when the "export-oriented economic development model" by the United States and other Western severely suppressed, Japan, the ASEAN economies to fall into step by step all the "sandwich trap" , beijing massage and this "trap" is the key to induce the bubble economy.

The so-called "sandwich trap", reflects a country's "real economy" poor living environment, that is, a substantial increase in costs and selling prices fell two-way squeeze, the entities of corporate profits (middle layer) rapidly thinning. Fall into the "sandwich trap" of the country, usually speed their economic bubble, because companies in order to survive, to maintain income, was forced to invest large amounts of capital, real estate, invest in the stock market, and the entire country's rapid economic bubble.

Japan is very typical. "Plaza Agreement", the Japanese economy fall into the first pit is the "sandwich trap." At that time, trade barriers and exchange rate appreciation in the West of severe repression, the Japanese domestic market, increasing competition, both domestic sales and exports, manufactured goods prices fell, seriously eroded corporate profits. At that time, Nippon Steel Corporation, the power companies industry-wide loss of almost. This time, Japanese companies on the one hand can still be a large number of transfers of capital flows to foreign investment, on the one hand is the exposure to real estate investment. Combined with currency appreciation attracted hot money piled up by the Japanese economic bubble grows bigger and bigger.

ASEAN five countries the situation is similar. On the surface, the Asian financial crisis is a currency crisis is caused by the fixed exchange rate devaluation. But the nature of the currency lost the support of the real economy, while the fixed exchange rate system to enable this to the depreciation of the currency was overvalued gradually - "real effective exchange rate," the derogatory no faults, the equivalent of "nominal exchange rate" appreciation. Thus, the fixed exchange rate system does not export to these countries benefit, but prevent exports.

Look at China, the first quarter of this year, the statistics tell us that Chinese enterprises of raw materials, power, fuel purchase price (cost) rose 9.9%, income of urban residents (human costs) rose 9.8%, while the consumer price (CPI) - Final commodity sales prices increased only 2.2%. This number indicates what the price set? Indicates that Chinese enterprises profits shrink dramatically. beijing escort At the same time, increased trade friction with the pressure of RMB appreciation, labor costs and other factors, all our real economy, further deterioration of the environment.

   When a drop in real estate collapse, caused by destruction is very great! ! ! Because it has kidnapped the entire economy beijing escort shanghai escort shanghai escort shanghai massage guillotine slitting machine rubber conveyor belt beijing escort Cheap Bridal Gowns bridesmaid dresses Film blowing machine Bag Making Machine