Excessive financialization makes the real economy unbearable. How to prevent and resolve financial risks?

Financialization is a trend of economic development, but excessive financialization will not only make our real economy overwhelmed, but also make our country face economic crisis. I think at present, the best way is to establish a transparent, perfect and integrated financial market!

As the news said, the main problems we are facing now are: non-performing assets of banks, bond default, real estate bubble and internet finance. To prevent and resolve financial risks, we must first ensure that systematic financial risks do not occur, that is to say, we must first solve these four major problems with the highest risk points.

As for the non-performing assets of banks, I think we can do this. Improve the bank's credit system and give up loans to some customers who have no financial repayment ability or bad credit. In other words, when lending, fully consider the economic strength of the repayment person, and don't lend the assets of the bank to others at will. For the lender's collateral, strict risk assessment must be carried out to prevent the phenomenon of non-payment of capital.

As for the default of bonds, I think the bonds issued by these companies can be strictly examined. Only when they reach a certain economic ability can the company issue bonds, instead of a random company issuing securities at will. What's more, it can improve the risk awareness of bond buyers, and it can also raise the threshold for buying bonds. Only people with certain qualifications can buy them. There is also a decrease in online circulation. After all, today's netizens are often emotional, not the result of thinking twice.

For the real estate bubble, I think this is the most urgent problem to be solved. Don't just build a house and then speculate on the price of your own property, so that people who want to buy a house can't afford it and leave those houses that have been built vacant. Isn't this a voluntary waste? I think the urgent task is to suppress the relevant developers in the real estate industry and reduce housing prices.

For internet finance, I think the industry threshold should be raised. Look at now, JD.COM, Ali and other e-commerce companies have started to do internet finance, and all kinds of financial management software are available in an endless stream, which is dazzling. All these phenomena, I think, are caused by the low threshold of the Internet finance industry. To prevent and resolve financial risks in the future, it is time to raise the threshold.

The above is my humble opinion. I hope our financial market will normalize as soon as possible!