Virtual Economy Risk And Control

Since the American subprime mortgage crisis in 2007, a large-scale financial crisis has spread to the whole world, which not only breaks the financial market, but also makes the real economy in regression. In 1997, the Asian fmancial crisis made our heart broken, then we suffer the same damage after 10 years. Therefore, more and more people research and discuss the risks in the economic virtualization. This article try to select the typical theory, then combine them with the conditions of China to analyze the potential risks, at last put forward some suggestions of controlling the risks, so as to help China walk out the financial crisis.Economic virtualization is a trend, which means the fictitious economy makes up more and more percentage in economy. Due to its features, such as complexity, instability, high-risk, autoeciousness and periodicity, fictitious economy brings many instable factors for the real economy, which increases the possibility of crisis. Many years ago, people had realized this risk. The financial crisis theory of Marx still make sense today, which discuss the financial crisis with economic crisis, the independent crisis and the relation between financial crisis and capital flow. Then contemporary separation theory is most popular now, which demonstrate that fictitious economy often separate from the real economy, then risk is coming.The economic virtualization in China starts late, but develops fast. During this process, there are many problems, such as the separation of fictitious economy and real economy, the faultiness of credit system and the lag of supervision system. China also has to face the impact of global financial crisis. The fourth part of this article put forward some suggestions in the hope of getting positive effect.In conclusion, risks exist widely in the process of economic virtualization, and break out after certain period. Therefore, we should put the risk in our heart and take measures to control the risk, not rescue the market after the crisis break out.