对于美国金融危机的起源,世人的认识可谓大同小异,如金融过度创新,金融投机泛滥,政府监管不力,民众透支消费。一些学者分析了较深层次的原因,如美国靠举债消费和靠美元维持国际收支不平衡,科技创新趋缓等。上述的分析是必要的,为了更深刻的阐明金融危机、经济危机,有必要以更大的视野和更深的层次来加以审视,先从近百年来经济变迁的历程谈起。 For the origin of the financial crisis in the United States, the world’s understanding can be said much the same, such as excessive financial innovation, financial speculation flooding, poor government regulation, people overdraft consumption. Some scholars have analyzed the deeper reasons, such as the United States rely on debt consumption and rely on the U.S. dollar to maintain the balance of payments imbalance, science and technology innovation slowed down. The above analysis is necessary. In order to clarify the financial crisis and the economic crisis more deeply, it is necessary to examine it with greater vision and deeper level, starting with the course of economic change in the past century.