What impact does the financial crisis have on the people?

The impact of the financial crisis on people is mainly manifested in five aspects:

First, the stock market plummeted, and investors speculating in stocks would cause great losses;

Second, the price of real estate vehicles has fallen sharply, making it difficult to circulate;

The third is the difficulty of business operation, and everyone may face layoffs or closure;

Fourth, social pay cuts and layoffs are common, jobs are unstable, and income is reduced;

Fifth, the market is sluggish and consumption is shrinking;

Sixth, many highly leveraged investors were heavily in debt when they went bankrupt. To sum up, this is the impact of the financial crisis on the people.