赤字转嫁是美国次贷危机的主因

Fiscal Deficit Passing the Burden is the Main Reason of Subprime Loan Crisis in the United States

美国次贷危机发生的直接和表面原因很多,但赤字转嫁才是美国次贷危机发生的根本原因。美国政府在自身财力不足的情况下,运用宏观调控手段将住宅市场干预的成本转嫁到市场主体特别是住房金融机构身上,导致美国宏观经济整体失衡,最终诱发次贷危机和全面的金融危机。解决美国次贷危机,首先要解决美国的财政赤字问题。美国政府目前刺激经济复苏的政策只是短期措施,培育新的经济增长点才是长期措施。

The direct and surface reasons of American subprime loan crisis are many but fiscal deficit passing the burden is the main one. By macroeconomic regulation and control, the U.S. government passing the burden to financial institutes results in the whole American macro economy being unbalanced at first, then subprime loan crisis, even whole financial crisis at last. Solving the American fiscal deficit is prior to solving the subprime crisis. For U. S. government, the policies to stimulate the economy to recover are the short-term measures, only cultivating new economy development point is basic.