Ever since the invention of the stock market, lies and fraud have followed. It should be said that the unbridled plundering of Wall Street ultimately led to very serious consequences. If there had not been a Great Depression, a world war would not have been fought, and even if it were, it would not have been so intense.

In order to prevent a repetition of the mistakes of the past, humanity has begun to examine its own mistakes. The so-called anti-micro is gradual, anyway, Wall Street after the war is much more honest, and the rich turtles have also discovered that if they play too much, money is actually a life-seeking Yama.

Under the strict law, the monopoly began to be broken up. Those who manipulate the market for insider trading are thrown into prison, and for quite a long time it can be said that Wall Street is basically the cleanest market in the world.

However, they seem to have forgotten that there is no eternal law in this world, and that the law that was very good yesterday should be suitable for tomorrow.

The Tao is one foot high, and the essence of capital is the devil. If the law does not keep up with the times, then a re-taste of the Great Depression is inevitable.

What was terrible about the Great Depression?

It doesn't make sense to say how much the stock market has fallen, because the securitization rate at that time was not high, and compared with the current situation, it is simply a world of difference. But why is it so scary?

Actually, it's faith. When this market loses confidence, all participants will become salted fish.

Because you can't do anything!

I don't know where I'm going to fall, I don't know when I'm going to buy the bottom, and I don't know where the money to buy the bottom comes from. To put it bluntly, this is the collapse of the entire value system, the United States came once during the Great Depression, mankind saw its terrible, the subprime mortgage crisis was almost lost, if it were not for the United States Federal Reserve to pass on the risk, the final result is really difficult to say.

As for now, William White doesn't think there's anything to be fuss about in the dot-com bubble. You just see that the bubble is very big, but you don't notice that if there is no bubble, there would be no day when the Internet would have dominated the world.

What is the right price?

Since it comes to marketization, William White believes that there is no need to say anything about the stock price. Especially when this came out of Greenspan's mouth, it would be very inappropriate.

Okay, Silicon Valley is in the midst of a wave of closures, not to mention the guys in the garage, even the Nasdaq, at least half of the companies are unsustainable.

Well, you guys have an opinion about this bubble, a fear of the rise of a new group of wealth. So, what about the energy bubble and the 3G bubble that are brewing right now?

You know, the rise in energy prices in California has caused a serious crisis. That is, the winter here is not cold, otherwise, there may really be a little girl selling matches.

"Uh, Daddy, this guy is really yes. At this time, is this going to give Lao Ke eye medicine?

I just got the briefing, and I think it's going to be a problem for me soon. ”

There are no surprises on Peanuton's throne, and there is no need to be too eager now. Checking the ticket by hand is done manually, and it won't change anything anyway. However, the location is different, the mentality is different, and if this happened a year ago, maybe this guy would still gloat.

Can it be now?

"Son, in fact, he is a very qualified politician. You just rejoice, living in the same era as this kind of person is the greatest sorrow. In the face of his son's complaints, Lao Bushu was very unimpressed. You can see the crisis of the energy problem, and William White's team can't understand the truth.

However, the emperor's new clothes tell us a truth, don't say it if you see through it. Especially when you're an adult, don't keep your mouth shut.

You see, he expressed his anger at energy companies, denounced so-called market principles, and then went on to put a lot of money out to help the poor.

Well, he sprayed Greenspan in the face. To tell the truth, Greenspan's whole person is not good now, when did the old man say that there was a bubble on the Internet, how can you throw this pot at me?

While saying that there should be no administrative intervention, he also demanded price control. Nima, old man, this is the Federal Reserve Bank, not a price bureau.

Of course, these words can only be slandered, and if you go out and say it like that, you will be sprayed into a sieve immediately. There is no bubble in the Internet, and it will not affect the lives of ordinary people. But gas and electricity will, if this thing can be used for hype, we still have to live.

"Daddy, this time the problem might be a bit big. As a veteran oil family, Xiao Bushu naturally has no shortage of experience in struggle. Pacific Gas cleaned up its real estate like a fire sale, and if there is no problem in it, he doesn't believe it anyway.

In fact, the big deals involving energy, what you can see on the surface, are simply the tip of the iceberg. Don't think it's okay to have money, if that's the case, the biggest oil company in the United States should be White Oil.

"Hehe, of course there's a problem. But, son, I'm afraid the seriousness of this matter is beyond your imagination.

You see, what companies are inflating the price of electricity, such an obvious goal, has any media attention been there?

Including NBC.

So, you have to pay attention when you watch the news, especially the NBC financial news. I don't know if you've found it, the 3G communication that was hyped some time ago, they haven't mentioned it for quite a long time. ”

Well, little Bushu also seemed to think of something unusual. William White's industrial layout, he is very concerned, as the largest group company in the face of the country. Even without mentioning his relationship with William White, it is impossible to turn a blind eye.

The communications industry also occupies a very important proportion for White Investment. Don't talk about anything else, just look at how many patents this guy has, even if he disbands the laboratory and sells his communications industry now, relying on these patent incomes, he will have a lot of income every year.

What he didn't know was that William White was more like turning into a patent company, or a patent troll. Anyway, no matter what you do, no matter how many G's you have in the future, in short, there is one point, the most elementary patents, you also need to pay fees.

"No, Dad, his R&D investment in 3G is so large, it is not possible, as far as I know, they are now studying the use of Starlink Plan 3, and the amount of money required is simply appalling. ”

Regarding his son's question, Lao Bushu also said that he couldn't understand. As a politician, he is qualified, so, as long as he judges it with the logic of politics, he quickly comes to a conclusion.

That guy is definitely holding back his big move. As for what is manifested now, it is more of a kind of advance and retreat.