European stock market crash! Is it really because the United States announced a travel ban in Europe?

The United States' travel ban on Europe is only part of the reason, and the bigger reason is that the spread of the European epidemic has made investors lose confidence in the European stock market.

European industry? Tourism is one of the biggest sources of economic income.

In Europe, which has experienced the industrial age, environmental pollution has become the eternal pain of the European people. After modern development, many European countries have given up industrial production and turned to other more profitable industries. Abandoning large-scale industrial production not only makes developed countries in Europe beautiful, but also relies on tourism to make people earn a lot of money every year. Hundreds of millions of people travel to Europe every year, which greatly enhances their spending power, especially in the service industry. In recent years, the total output value is even worse.

But industry is the cornerstone of a strong country. If the economic pillar gives up manufacturing, the stock market bubble will get bigger and bigger.

Travel ban? On behalf of stakeholders, we have given up helping Europe.

The United States and Europe are stakeholders in many ways, and they are in the same boat. However, at the moment of the painful development of the epidemic in Europe, the United States took the lead in promulgating the travel ban, which indirectly showed that Europe had nothing to do with it and loved it endlessly. Tourism is bound to shrink seriously, and I'm afraid it's hard to make money. You'll be lucky not to lose money. This attitude of the United States can not help but make European tourism investors shudder, and other investments in Europe will tend to be conservative.

The epidemic spread? Capital have it both ways.

Originally, the epidemic in Europe only spread in a few countries, but European residents didn't like being grounded and still played around in front of the virus. European countries with the same roots? Visiting at home Conveniently, the epidemic spread rapidly. Investors who were still watching European stock markets in the early stage because of the US travel ban really panicked. In any case, they just want to protect the bottom, selling a lot of European stocks, especially the Greek stock market. The rate of decline is unprecedented, and the stock price has turned over thousands.

Generally speaking, no one is the winner of the European stock market crash, which shows that disunited human beings are so fragile in the face of major disasters.