Comment: Watch Out For "Crazy Shoes"

Fried shoes, fried skirts and fried blind boxes, all kinds of "roasted seeds" were born in the world. However, there are hidden worries behind the craze. In view of some crazy "shoe market" this year, the people's Bank of China Shanghai branch recently issued a warning bulletin, clearly suggesting that there may be illegal fund-raising, illegal absorption of public deposits, financial fraud, illegal pyramid selling, and other related financial and economic illicit problems behind the "fried shoes" industry.

At the beginning of the market of "fried shoes", it was supported by the specific demand derived from the circle culture. The scarcity effect of "limited" also has the side of the supply and demand logic of market economy. But as the "fried shoes" grow wild or even gradually deteriorate, the shoemaker is no longer a shoe loving, shoemaker, or even needs to see the real thing itself. Ordinary goods become financial products, "shoes are those shoes, but shoes are no longer just a pair of shoes". Over speculation, its price is far from the value of the product itself, but in essence, a pair of shoes, no matter what price they are frying, is only a commodity on the assembly line, which can not form the scarcity of real value.

What needs to be vigilant is that behind the hottest "fried shoes", there is no need for capital to add fuel to the flames. After forming a complete industrial chain, the "fried shoes" have been alienated into a market speculation and even financial violations. Some third party payment agencies also provide phased payment and other leverage services for the so-called "shoes market two level market". At the same time, the platform operates black box, cheating software, insider trading, and the spread of fake shoes emerge in an endless stream, which virtually contributes to financial risks. In view of this, the risk warning of the central bank briefing should be highly valued.

There is a famous bloomer theory in Economics: people are willing to pay a high price because they totally ignore the real value of something, because they expect a bigger "fool" to buy things from them at a higher price. The key is that no one will think of himself as "the biggest fool". On the contrary, if he is not the biggest fool, he will be the winner. In the final analysis, "fried shoes" are eager to be a "rich overnight" fairy tale. Such a "fried shoe" is nothing but a bubble that is increasingly expanding, but is destined to face the outcome of collapse and collapse.

More noteworthy is that according to media reports, "selling shoes" has become a new way of financial management for some college students. Some people invest 1500 yuan and earn 50 thousand yuan in a year. If college students on campus are addicted to such "shortcuts to becoming rich", they may lose not only money and time, but also their own life value. And ultimately, it's not just those crazy young people, but the whole society.