Chapter 81 said that Ben was lying down again
Smecta's matter has not been resolved for a long time, and a group of rice masters are still bargaining. What they didn't expect was that the situation seemed to be getting worse.
That's right, the first economy in Asia and the second largest in the world, said that there was a problem.
In the financial crisis, of course, the first to fall were brokerages and banks. However, this time the trouble seems to be a big one.
Hokkaido Takushoku Bank, which is the 10th largest bank in the world. This is the one that is basically equivalent to all of Thailand.
It's not bankruptcy protection, it's a direct death, and the value of salvation has completely lost.
The logical chain is like this, Sanyo and Shanyi Securities have a lot of overseas investments, especially Smecta.
So, these two families are finished. Shanyi Securities, one of the four major brokerages in this company, has a debt of nearly 30 billion US dollars, which is just a joke.
In just one November, all kinds of bankrupt companies will add up to one piece, and the funds involved will exceed 100 billion.
Just kidding, it's not a yen, it's all American knives. Moreover, there is a lot of money, which is invested by the US imperialists.
So, the exchange rate fell, and then the stock fell. Due to the reason of cross-shareholding, a large number of financial institutions have incurred huge losses.
The Nikkei index collapsed, and then, the won broke through the 2,000 mark, and it seems that this is going for 3,000.
The Hang Seng Index, which had recovered some improvement, dived again, and the 10,000-point mark was lost.
At this point, the Asian financial crisis has completely lost control.
"That's what you want, and if so, you're very successful. But, Alan, can you tell me what is the state of the National Trust Fund?"
Warren Buffett now understands why William White has that expression. Looks like this guy saw the problem early on.
"Warren, this is not my plan, and I am not going to endorse it. ”
"Hehe, does it matter? By the way, Soros should be going to be empty. Since it is market-oriented, where it is most profitable, of course, invest in it. ”
"Ahem, he didn't dare. Greenspan was a little smuggled.
"Ha, what else would he not dare?"
"Merrill Lynch and Da Mo are now the two largest brokerages in this book. If he doesn't want to die, he knows what to do. ”
Warren Buffett stopped talking, no wonder William White scolded you for being shameless. Now it seems that it is really shameless, forget it, I will stay away from you, in case of misfortune lying down, it is also very not cost-effective.
"When will you buy the bottom?" William White looked at this second-hand friend, and he was really a little powerless to complain.
"Jason, what do you want? The world is now being restarted. Do you think, you keep thinking, buy the bottom? Don't think about it, cash is king. ”
"Reboot, Boss, isn't that outrageous?" said Jason as he handed William White a beer.
"In '89, the real estate of this was almost 25 trillion US dollars. Do you know the value of land in the United States? It is less than 6 trillion.
Now, there are still about 17 trillion yuan in real estate. Tell me, what are you copying?"
William White shook his head and began pouring beer. His mind was absent-minded, and neither was Jason Go. It was originally fun, not to mention him, his wife was frightened.
Gua Po Niang is generally like this, she almost got into trouble, and she will be honest for a while. Don't worry, it won't be long before she forgets.
This is also a human trait, and we always deliberately choose to forget. Especially those painful things, which cannot be mentioned at all.
Even after ten years, as long as you don't want to talk to Yue himself, you can ask about the recent property market.
"Boss, so it doesn't matter what the Tuao does?"
"Shit luck is just that, of course the exchange rate will fall, they are a resource currency, and now the iron ore is piling up, and the currency will naturally depreciate.
However, one Olympics can almost offset more than half. Besides, if Soros doesn't go to trouble, of course there will be nothing to do. ”
"That's good, but with so much iron ore in stock, there won't be any price war, right?"
William White sighed and said, "How could it not be, it's just that I don't participate, I won't sell it if it's too cheap, and this thing can't be broken." ”
Of course, he can say this in a big way, and Rio Tinto and Vale are obviously a little uneasy. No matter how cheap the price is, it must be shipped. Otherwise, how to deal with bank loans.
Of course, there are still some responses, including William White, and the giants are integrating resources. They are having a hard time, and small and medium-sized mining companies are even worse.
It is said that it is a resource-poor country, and there are no other resources except for some sulfur.
As the world's second-largest economy, they are also very resource-intensive. Therefore, the economic trend of this book determines the direction of most commodity futures to a large extent.
Well, now that there is a serious crisis in Ben, and if it continues to deteriorate, their demand will fall further.
What, there is a great shortage of big rabbits?
Don't pull it, the rebar at that time was piled up, so you don't have to talk about iron ore. Low taste is good, if it is iron ore, the production capacity is even more difficult to deal with.
I can't sell it, I really can't sell it.
At this moment, Peanuton was completely anxious.
As I said before, short selling the whole world can indeed bring profits. It's just that this little money is not enough to see at all.
The global securities market has evaporated at least a trillion US dollars, which is something you can hedge back.
As for the shrinkage of land and other securities, it is needless to say. Anyway, it's just a sentence, if the calf is finished, the whole world will be unlucky.
You really can't help it, you can like it or hate it. The world is a flat surface now, and this will not change because of you.
There is now a theory that Ben and Smecta belong to the lying guns, and they are not the target of Eagle Sauce.
In fact, this statement is just a little bit of truth, it's really a little bit.
Cracking down on competitors is not only the primary purpose of Peanutton, but also the primary purpose of the consortium.
Now I like to say harmony and win-win, in fact, harmony or there is, win-win is. Don't say anything about the relationship, when dealing with his own little followers, Eagle Sauce will never be soft, let alone think about any win-win situation.
Of course, if Smecta and Ben weren't so dead. There may be other consequences for this matter.
Smecta didn't say anything, thinking that he could repay the debt, but he also wanted to be blind. As for the capital, the economy is obviously not working, and if you don't cut taxes, forget it, and actually raise taxes. It's really hating yourself for not dying.
So, here comes the opportunity, so many banks and brokerages have failed, and the market is in a serious depression. It is actually reasonable to appropriately reduce taxes and fees.
Unfortunately, they chose a different path. In other words, the reshuffling of the cards is also something they are happy to see.
It should be said that economically, there is no doubt that Ben is a big country. After all, it's second in the world, and you deny that you can't.
However, their mentality and insight have not kept pace with the growth rate of the economy. When you look back, there are really only big rabbits who have not lowered interest rates.
Temporarily lose some foreign trade orders, do not transfer your own problems. That's a responsible attitude.
The yen has fallen all the way from 80 to 140 now. To tell the truth, the collapse of the exchange rate system in Southeast Asia is a great contribution. If this is not the case, how can Soros be able to chop melons and vegetables all the way.