1973 Why became a turning point in changing the global economic order?

Can a certain year really become a turning point in the world economy?

This sounds like an incredible, but it really happened. The economic crisis in 1973 not only affected many countries, but even became the origin of the world order today.

Of course, this is not an accident and coincidence. Economist Mark Ryveneson used the 1973 foothold in this "Big Turn". How the economy has fallen from the miracles of high economic growth and unprecedented prosperity, falling to the abyss of extreme turbulence such as the sharp decline in the economy, during the period of stagnation, and the expansion of the gap between the rich and the poor.

1

If the concept of the current restriction number and the "car no day" is out of environmental protection, the implementation of these measures fifty years ago came from a real and severe globalization problem -the petroleum crisis.

Because of the petroleum crisis, Belgium, Switzerland, Italy, Norway, and those Federal Germans who cannot do without cars have to start their "carless week"; because of the petroleum crisis, the US Congress argues whether gasoline must be provided quantitatively. The American dream hovers on the edge of broken; due to the oil crisis, the Canadian balanced market has been broken, and Japan is deeply anxious and uneasy ...

This seems to be terrible, but even more terrible is that the oil crisis is just a appearance and "front dish" in the post -war economic turning point. More crises and turmoil are following.

2

After 50 years after the war, it was abruptly split into two stages of the difference. One was so prosperous that it was forgotten, and the despair was like an abyss. As Lenneson said, "a good time is suddenly gone. The economy can no longer reach the golden level of 1973. The variable and turbulent becomes the norm, but stability has become an exception."

After the "Glory Thirty Years", "Golden Age", and "Economic Miracle" after World War II, the world's amazing progress has ushered in a huge change in the world. Beginning the construction of welfare countries, even the Conservative Party of various countries did not obstruct the construction of welfare countries, and the transformation to the welfare society was warmly supported. However, the birth of the welfare country cannot eventually turn the tide in a fragmentation.

For the continuous decline of the economy, countries have also carried out different measures.

From 1956 to 1958, Federal German politician Karl Schiller proposed the "magic Quartet" that is in line with the concept of social Democratic Party-requires the government to maintain the stability of prices while ensuring full employment and economic stable growth. At the same time, we must maintain the balance between national trade and investment.

Schiller's magic Quartet has even been officially written into the law, "will promote growth, eliminate unemployment, avoid inflation, and maintain the balance of international revenue and expenditure as the legal obligation of the government." Working hard is proven to be futile, and "Economic Magic" Schiller also had to admit that "the so -called magic Quartet is just a fantasy of technical rulers", and there are too many unpredictable factors.

3

Coincidentally, this so -called government plan can promote prosperity and improve living standards in Mexico, Brazil, Indonesia and other places, but in the end, it is proven to be a real and cruel scam.

Bernus, one of the most famous economists in the United States, put forward a similar point of view with the Karl Schiller, that is, the government needs to manage the "public psychology", and the combination of the president, the cabinet, and the independent central bank in order to maintain The stable growth of the economy, the government should guide the actions of millions of private decision makers, which also coincides with the idea of ​​US President Nixon.

But as Ryverson said: "The most outstanding economic thinker in that era caused an economic disaster."

Inflation not only did not stop it, but even its influence has far exceeded the United States. The calmness of nearly a quarter of the world economy was broken, and the exchange rate gradually showed a chaotic situation. Among them.

But in fact, neither the media nor the people did not pay enough attention at the beginning, and the analysis of the "human situation" in the new book entitled "The Limit of Growth" would bring people a sense of crisis. It seemed to be in What is the herald, "a big collapse will follow."

4

The anxiety caused by environmental issues is increasing day by day, and people are beginning to pay attention to environmental protection, and even some overkills are very pessimistic about future expectations.

With the continuous growth of the environmental protection movement, prosperity has become an enemy standing on the opposite side of environmental protection, and even becoming the enemy of the entire human -economic growth will be at the cost of environmental destruction, and environmental destruction will allow the entire human to face irreversible reversal. crisis.

As a result, an unspeakable compete for environmental protection and economic construction, and enterprise investment has to come up with a considerable part of the installation of pollution control equipment. Another burden of carrying ".

Compared with these crises, it is even more anxious and shocking. The stock price began to have a long and painful decline, but this did not attract the attention of economic observers. Because at this moment, the global economic situation is "good", but in the final analysis, countries only have not taken out of post -war reconstruction.

Therefore, there is a strange phenomenon. The factory worked overtime to engage in production. Family consumption expenditure was unprecedented, but the financial market was facing a crisis of an openness. The phenomenon of high inflation and economic stagnation appeared at the same time. At the same time, the oil crisis raised its prices while stagnant economic growth. At the same time, the high -speed expansion of international finance far exceeded the scope of the regulators. Levinson described this upcoming serious consequences: "The banking industry that stimulates the boldness of greedy and oil dollars will bring the entire world financial system."

With the rise of the relaxation control movement, companies and old posts that cannot keep up with the times have been eliminated, and a large number of new opportunities have emerged. The overall showing a positive situation, economic growth has been boosted, but there are no shortage of banking industry increasingly unstable. Negative effects, stability and security are greatly weakened.

In addition, Levinsen also analyzes the support of various countries, real estate savings, union power, technological development, and social security systems, as well as the implementation of the sunset industry, as well as the implementation of the implementation of Sacham, Li Gen, Washington and other people. The effects and influence of the policy are looking forward to the dawn of the new world.

History often gives people a heavy blow to people. Although the economic situation will be affected by many factors, it is not completely unable to find. Nothing will be out of date.

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