On the first Christmas Eve of the new millennium, the streets of Xiangjiang are still bustling. Religious beliefs aside, for young people, the festival is more about indulgence.

Of course, for the top rich, it doesn't matter what the festival is, when you want to indulge, every day is fine, as long as your body can afford it.

"Daddy, things aren't going well right now. Vodafone is simply insane, and if we follow up, it could cause a lot of damage to the company. "Superman looks a little decadent, and the current situation can be regarded as a serious blow to him.

The 3G movement seems to be a little ungrounded. Not to mention the general population, even business people, few people try it.

Now not to mention the international market, even Xiangjiang seems to have a big problem. Heung Kong Telecom is an industry leader, and according to the current situation, they have no intention of spreading it quickly.

"Let's put it for now, one step ahead or a genius, two steps ahead can be a disaster. Lao Li's mood was not very good. If Xiangjiang's real estate is still hot, of course, he has many ways to move around. It's just a pity that the property market in Xiangjiang can only be described as miserable.

To be honest, Lao Li doesn't have much idea about what the current stock price has fallen, or the stock price continues to be sluggish, so that he will not encounter a large number of sell-offs, and only in this way can he maintain absolute control of the company.

However, the rapidly declining financing ability made him uncomfortable. In this case, to continue to talk about what pluralism is, it is almost like a joke.

Please, let's do your main business first. The sluggish stock price and low property prices are only temporary, as an international port, and backed by a consumer market with a population of more than one billion, it is impossible for property prices to continue to be low.

At the end of the day, it's just a matter of faith. The impact of the Asian financial crisis is basically no longer visible in the surrounding countries, and the most serious ones are Thailand and Smecta have obvious signs of recovery.

"Son, you don't have to worry too much, we have made several investments in China, and there are good returns, and now the amount is not too high. ”

Seeing that his son, who has always been very arrogant, is actually a little decadent, Lao Li can't help but persuade him. Or, it's not a bad thing for young people to get some setbacks. This son is a little unsightly, and now this heel is a little big, hopefully, I hope this kid can get out of the predicament as soon as possible.

"Lao Dou, my opinion has not changed, the future trend, 3G will definitely replace the current 2G. That is, there is no consumption habit yet, or, the performance of the current mobile phone is a little unable to keep up. ”

I have to say that no matter how many shortcomings this guy has, Lao Li's education is still very good. The eldest son is stable and a good king, and the younger son is smart and does perform very well.

It's just a pity that in the current world, Lao Li can't understand it, and you can still expect these juniors to fail.

It's weird to say that it is strange now, the property prices in Xiangjiang have long fallen, but this state of endless ups and downs has never improved.

Some people blame it on public housing, but Lao Li is very unimpressed. More than 80,000 square meters sounds like a lot, but these things are not immediately implemented, according to the plan announced now, it is good if you can complete it in ten years.

Ten years, what's the use of these public housing numbers?

The first cannot enter the real estate market, and the second cannot meet the actual housing demand, if this number does not expand, it is not an exaggeration to say that it is not an exaggeration.

As for the market's concerns, he disagreed. Lao Dong's life is not easy, 100,000 negative equity families you think is a joke. The public housing that is being built now may be a good thing for ordinary people, but for the 100,000 middle class, it seems to be a little unfair.

Or like the youngest son, Lao Dong's luck was lost. How could such a policy meet with the Asian financial crisis, if it had been a few years earlier, it would definitely have added a lot of popularity to Lao Dong.

It belongs to Lao Li's problem, and Jason Gao also has it. If it weren't for the fact that this guy's income was high enough, this turmoil would be enough to send him to the eighteenth layer of hell.

"Husband, why are we buying a house in Los Angeles? The previous house was enough, and you don't live here permanently. ”

"Silly wife, interest rates are going to be cut, very large interest rate cuts. The fools of the Mi Fed screwed up, if they hadn't been so excessive before, the shock this time would not have reached the real economy.

Money is worth less, this is not a rice country, this is the problem of the whole world. ”

"Ah, husband, in this way, our real estate in Xiangjiang can be untied?"

Looking at his tearful wife, Jason Gao was a little speechless. You say that the wind is the rain, and there is so fast there. The boss just said that the Fed's sharp interest rate cut will definitely cause turmoil in the global economy, and for the time being, it may not have too direct impact on the property market, but with the continuation of quantitative easing, all assets related to the US knife are likely to rise.

It's just a pity that this part of the rise may not bring any practical significance.

You see, property prices may have risen, but the real purchasing power of money has fallen. Anyway, it's just a sentence, ask for more blessings, the money is starting to grow, if there is no move, the shrinkage of assets is inevitable.

Jason Gao is not very smart, but since there is a bright light in front of him, he will not be too confused. Xiangjiang is in a run-in period here, and may be confused for a while, but with the increase in the expectation of interest rate cuts in the United States, the era of asset bubbles is coming, which is a general trend and will not be reversed.

So, what are you doing with so much cash in your hand?

It should be said that you can't read the views of many economists in this period. Or because many of them are historians, so they are best at learning from history.

The collapse of the property market bubble in Ben, the collapse of the property market bubble in Xiangjiang, and the final manifestation of the Asian financial crisis are the property market and the stock market hitting the street together. Therefore, when the property prices in individual areas are rising slowly, the most information that people hear is the bubble.

What is too expensive now, what is the income-to-expenditure ratio is seriously imbalanced, and what rent-to-sales ratio is seriously inverted. If you turn your head and look at the economic newspapers at the end of the new millennium, you will find that almost all the bricks are talking about bubbles.

It's a pity that our world has never been in the current situation. When John Bull dominated the world, hard currency was not a pound. If there is no precious metal behind it as an endorsement, who knows who the girl above is.

The current situation is different, no matter how Eagle Sauce doesn't want to be 13 faces, the American knife is also the only international exchange currency. This means that they can depreciate 100% at any time and without any liability if they want to.