Why P2P was so drifting along, no poems and distance? -P2P, net loans-IT information

History will not repeat itself, but it often rhymes.

More P2P was found swimming naked. From last year's Pan-Asian, e rent treasure, big group, this year's fast deer and Jin, tens of billions of Yuan. P2P massive stampede, run, crash, run, being grasping, feel fresh so far.

Now, the Internet is uppercase in the face of financial embarrassment. Intended as financial innovation got on the stage of history, is called "Bank does not change, just change" slogan was singing all the way, but the reality was so drifting along, make people ashamed to bring poetry and distant.

P2P a big sticky, is the logic of Ponzi, or on the authority of the local government and media endorsements, or show their jewels from the inside out, with incredible yields a high, willing to take the bait. Finally, flattery to regulatory agencies, the police and the media, leaving many investors, I pull out my dagger, I peer four ways in vain, will this go into a cliff.

Of course, people have the problems of ordinary people, lack of market risk open class, eyes always see pie, automatically filters out traps. However, both "animal spirits", there is a rational side. Why in the present, always call "animal spirits", and bury the reason?

This is a monetary easing and will continue to be looser and more relaxed era. Economic tenglonghuanniao, the old growth path is unsustainable, new growth paradigms has not, at this particular moment, the history of all countries will do something: the implementation of long-term interest rates low, low to the extreme is the negative real interest rates and QE. Objective is very clear, stimulating the real economy, but if the lack of investment opportunities in the real economy, it is easy to form idle financial-capital-capital markets gradually will bubble.

In a cycle of bubble, people looked around, liquidity, while hot stock market, while the property market had a high fever, while "second brother" take off, while art often sold through, everyone worried the money could add value value, can alone in the bubble cycle. However, the Bill, although there are many good assets but not much, "asset shortage" growing people to eat is unwilling to put their money in the bank deposit interest, bond interest and financial interest, bold venture the continuingly P2P, unfortunately become cannon fodder. I'm afraid no more bitter black humor: vote for P2P is "dead", not vote was "waiting to die".

Complex P2P, "Internet + financial" color significantly worse than "private lending + Internet" is more intense. True P2P, should be an ability to give information and pricing risk, which platform to actuarial funding of risk risk that match the given price, who will be able to come to the fore. However, Chinese P2P, curled up in a gray area of borrowing way, who can give a higher yield, who is more like a Ponzi scheme the winner, who will be able to come to the fore. And so on, and deviated from the original intention of financial support for the real economy, P2P is a fast-growing death market.

Clean, great location. Since last year, chaos in the P2P, the financial risk of the deadliest one by one in administration, marketing, the media and ordinary citizens before it, should urge us to be treated seriously. The serious treatment, not "a pipe die", "banned", but a responsible financial regulation, there is a pattern based on the long-term interests of the money supply.

P2P为何如此苟且，没有诗和远方？ - P2P,网贷 - IT资讯

历史不会重复自己，但时常会押韵。

越来越多的P2P被发现裸泳。从去年的泛亚、e租宝、大大集团到今年的快鹿和中晋，动辄百亿元。P2P大面积踩踏，跑路的、崩盘的、挤兑的、被抓的，至今已觉不新鲜。

现在，互联网金融的脸上是个大写的尴尬。本来是作为金融创新登上历史舞台的，是喊着“银行不改变，就改变银行”口号被一路歌颂的，但现实是如此苟且，让人羞于提起诗和远方。

P2P每一个大案东窗事发，都是庞氏骗局的逻辑，要么拉上地方政府和权威媒体背书，要么展示自己从里到外的珠光宝气，以一个高的不可思议的收益率，愿者上钩。往往最后，是监管机构、警察和媒体拍马赶到，留下一众投资者，拔剑四顾心茫然，将人生从此走成一个断崖。

当然，老百姓有老百姓的问题，缺少市场的风险公开课，眼里总是只看到馅饼，自动过滤掉陷阱。可是，人既有“动物精神”，也有理性的一面。为什么在当下，人总是被唤起“动物精神”，而将理性掩埋？

这是一个货币宽松并将继续宽松和加大宽松的时代。经济要腾笼换鸟，旧的增长路径已难以为继，新的增长模式还未成型，在这个特殊时期，历史上的所有国家都会干一件事：实行长期低利率，低到极致就是负利率和QE。目的很明确，刺激实体经济，但如果实体经济投资机会不足，便很容易形成金融-资本-资产市场的空转，逐渐将泡沫吹大。

身处一个泡沫周期，老百姓环视四周，流动性泛滥，一会儿股市发烫，一会儿楼市高烧，一会儿“二师兄”起飞，一会儿艺术品频频卖出天价，每个人都焦虑自己的钱能不能增值保值，能不能在泡沫周期中独善其身。然而，钞票虽然很多，好资产却不多，“资产荒”愈演愈烈，人们实在不甘把钱放在银行吃存款利息、国债利息和理财利息，胆大的冒险投资这些真假难辨的P2P，不幸成为炮灰。恐怕没有比这更苦涩的黑色幽默：投P2P是“找死”，不投是“等死”。

如今复盘P2P，“互联网+金融”的色彩明显不如“民间借贷+互联网”来得更浓烈。本来面目的P2P，应该是一种给信息和风险定价的能力，哪个平台能够精算出资金的风险，给出匹配风险的价格，谁就能脱颖而出。然而，中国特色的P2P，成为了蜷缩在灰色地带的民间借贷的还魂，谁能给出更高的收益率，谁更像庞氏骗局的影帝，谁就能脱颖而出。如此下去，背离了金融支持实体经济的初衷，P2P将是一个速生速死的市场。

麻雀虽小，五脏俱全。从去年至今，P2P的乱象，将金融风险的惨烈之处一一呈现在政府、市场、媒体、老百姓面前，督促我们应该认真严肃对待。这个认真严肃的对待，不是“一管就死”、“一禁了之”，而是一个负责任的金融监管之外，还有一个基于长远利益的货币供给格局。