Chapter 111 The tide is receding, and everyone is not wearing underwear
AIG rejected the takeover, arguing that Peregrine was too indebted. At this point, the last effort came to an end.
As for the HKMA's assistance, no one really cares. The people of Xiangjiang do not think that investment banks are banks, so it is naturally impossible to use taxpayers' money to rescue them.
Most of the HKMA, in fact, is this way. From this point of view, the IMF is actually right, according to the spirit of the Peanuton Consensus, everyone should sit and wait for death.
According to that consensus, financial crises will always pass, and human intervention will only make things worse.
Either it makes sense, or it doesn't.
The current crisis is no longer an Asia-wide affair. The crisis that erupted in Asia has finally caused concern elsewhere.
The New York Stock Exchange, London, Paris, Frankfurt, and most of the world's stock markets have entered panic and turmoil.
The first to choose to leave the market is naturally the sovereign fund. These state-level investment funds have begun to buy US bonds like crazy.
In 98, although with an 8, from the current situation, wanting to get rich is a dream, and being able to live well has become the goal of most enterprises.
The price of stocks has fallen, the price of the property market has fallen, the value of art has depreciated, and precious metals such as gold and silver have also continued to fall. As for oil and iron ore, as long as someone buys it, you should thank God.
"Charlie, perhaps, we should go on vacation too. I now know why William White went on vacation. Looking at the falling stock market, Buffett also has some pain. If he could, he should empty his stock.
It's a pity that you can't cash out in a falling market, and if you do, it's easy to shrink by half.
"Warren, it's just panic, more and more money is coming into the country, and I don't see a reason for a long-term decline. ”
"Perhaps, this fear is being transmitted, our world has long been different, alas, I hope it won't be too serious. ”
Warren Buffett says being greedy when others are afraid.
Hehe, you go and ask him, is it considered that people are panicked in Asia now, and whether they are terrified to the extreme.
So, why don't you invest in Mao?
The so-called stock god is actually the same as ordinary people. The people who eat melons believe that tomorrow's stocks may be lower, in fact, the stock god also sees it this way.
The financial crisis in Asia has turned into an economic crisis. This is a systemic risk, which simply goes beyond the risk margin.
Zurich Insurance and First Chicago Bank both abandoned the acquisition on this ground.
Oil and iron ore could not be sold, and the shipping and shipbuilding industries were the first to suffer heavy losses. Now Smecta and Zoben, the dockyard is full of all kinds of ships.
However, if there is no follow-up capital injection, these things may all become scrap metal.
A group of idiots in Flowerton finally discover that the crisis in Asia is spreading rapidly. The reshoring of manufacturing that they were expecting did not materialize at all, and not only that, but their products were more competitive due to the general decline in Asian currencies.
"Robert, what's the situation in Indonesia, and why is it so serious?"
"It's bad, the exchange rate has fallen to 15,000 dollars to a dollar. Next, they will have severe inflation.
Let's put it this way, Mr. President, there is no help. ”
Lao Ke was dumbfounded, not long ago, he also called to comfort him, Nima, you bastards, are you using me as an ornament again?
"They're so greedy, Robert, something will happen. ”
Robert Rubin doesn't know how to pick up the stubble, he is an investment banker, and there is nothing he has never seen. You want to hold a group of robbers with red eyes, it's a dream.
"Mr. President, they are not operating in violation of the law, and I think they can only be properly warned. ”
"Then warn them and tell them that if it affects the United States, don't expect Peanuton to come to the rescue.
Have you ever seen this NBC special? I suggest you take a look at the theme of the fact that it's always the average taxpayer who pays for madness and greed. ”
Robert Rubin kind of wanted to vomit blood, he certainly watched the show, and in fact, if he put aside his biases and positions, he would have to admit that NBC's perspective is very unique.
made a mess and finally made Peanutton pay, which is not the first time in the short history of the United States. There are not too many interests, but they are inexplicably tied to the chariot, this is the current situation of the United States, and it is precisely because of this that the consortium and investment banks will be unscrupulous.
All kinds of financial derivatives can't be understood by him, a finance minister who was born in an investment bank.
Lao Ke had a headache, and just made a phone call to that stupid woman. Alas, what a troublesome batch, now at this time, how dare I go out and meet you.
It's okay, as long as this fat chick doesn't talk nonsense, there shouldn't be much trouble.
Lao Ke would have thought that now Monica is simply a big magnet.
Tsk, if this product really goes, it may be live.
The economy of the United States is very healthy, we will not be affected, the stock market is volatile, just overreacting.
Legend has it that the brick family appeared, newspapers, radio, television, the Internet, and they used all the platforms available to them to start selling their investment ideas.
What value investment, what scarce resources, what patent barriers. In a word, rice stocks are obviously undervalued, and the crisis in Asia is good for the manufacturing industry in the United States.
It's a pity that a bunch of Wall Street idiots clearly underestimate NBC's influence. It's not a ratings issue, it's also a credibility issue.
William White has always been very clear that he is very unkind to the so-called hedge funds. The current world is a flat surface, and it is impossible for the United States to be alone.
Look, this sentence was said six months ago. Look at the current stock market, whose words are more reliable, don't ask.
The only thing that hurts people is that NBC's financial program is really a bit unserious. Nima, what kind of brick scholar are others, why are you all talk show actors here.
Of course, they don't know that this is the result of careful consideration. Predictive remarks are really annoying, and if you guess right, it's easy to say, but if you guess wrong, it's really a lot of trouble.
Add a little entertainment and no one can say anything. We're kidding, you have to be serious, it can only say you're stupid.
When a hurricane comes, pigs can fly into the sky. When the tsunami comes, everything will be covered up. No one cares if you're a pig or not, and no one cares if you're swimming naked.
As long as you can make money, you are good, and you are the goal of everyone's worship.
William White is nothing, this product is originally the second generation of local tyrants, there is no reference value, and it will not be a dream of the United States.
Julian Robertson of Tiger Fund, Soros of Quantum Fund, these are good things.
Peregrine?
Well, this product is just bad luck, if you are shorted on the backhand, even if it is not as good as William White now, it is estimated that you can PK with Buffett.
William White actually misses the good guys, a group of idiots, buddies are not wearing clothes now, and no one will be spared from the Asian financial crisis this time.
What,, what do those dozen hedge funds say?
If you think about it too much, there are not many pure hedge funds, or rather, there is none. The Quantum Fund and the Tiger Fund do make money. However, this is not a personal asset.
Those who invest in these two funds are only recovering some losses. With the Dow and Nasdaq down 15%, the money you make from shorting Asia may not be enough to fill the hole.