The Research On The Reason Of American Financial Crisis

The U.S financial crisis has triggered a series economic disasters in many countries in this world. The whole international society pays a lot in the crisis. This article attempts to explore the source of U.S financial crisis.The first chapter systematically concludes the research of financial crisis. The second chapter firstly clarified the relationship between the financial crisis and economic crisis. Then we discuss and research the typical financial crisis in the history and try to analyze the mechanism of its formation. We hope to explore the progress of the evolution of the financial crisis in history. The following chapter is trying to research the source of the U.S financial crisis from different perspectives which include historical, political and social ethics views. The fourth chapter is reviewing the actions of U.S government and the Federal Reserve after the broken of the financial crisis, especially focus on the "Quantitative easing" policy. Then, we try to find out the probably future after the U.S financial crisis.This paper concludes that the following four aspects are the sources of the U.S financial crisis. Firstly, the Federal Reserve, as the core of the U.S financial system, is now unmatched with its historical position. Secondly, the United States misused its financial hegemony to maintain its superpower position in the world. The last one is that the worldwidely spread of egoism and liberalism. It brought the United States into the financial crisis.This paper concludes that the U.S government is successful in controlling the financial crisis in the beginning of its broken. However, the quantitative easing policy could have some negative effects. The international political and economic system is stepping into the turmoil, adjustment and reconstruction period.