Chapter 496 at a glance
On December 29, which is a memorable day, the footbasin stock market almost rushed to a peak of 39,000 points on this day.
If you buy a stock on this day, congratulations, you'll be living in a miserable world for decades to come.
Rebound?
This can be had, but there is no use for eggs. The lowest drop to 8,000 points is equivalent to a contraction of 80%. The highest is only about 20,000, which is equivalent to a discount. If you calculate the cost of capital, those who entered the stock market on this day, lost almost everything.
For a long time to come, the personal savings rate of the footbasin was the highest in the world. Even if bank interest rates are low to negative, not many people are willing to invest in stocks.
In this world, this rarely happens. No matter how the stock of US imperialism collapses, it will always rise back in the end. As long as you have blue chips in your hands, you will always get your investment back.
As for the foot basin, I really can't help it.
Someone said, there is also a 6124, which seems to be miserable. Anyway, it's been ten years, and I'm still wandering on the mountainside. Looking at the current posture, it is better than the foot basin and limited.
Free fall, for any economy, is not a pleasant thing.
A soft landing for the economy?
This is no longer realistic, and now it is not a soft landing at all. It's just face down.
The most critical point is that the expensive land and property prices still have no intention of correcting, but have temporarily lost their upward momentum.
Of course, you don't expect any volume right now. No matter how stupid and bold you are, you don't dare to go into the water now.
"Boss, we're lucky this time, the earnings of those guys may need to be discounted?"
"It's hard for them to sell stocks now, right? If they sell intensively, I'm afraid there will be a stampede. William White naturally knew that this group of guys didn't get out so easily.
"Boss, it's not stocks, they have already paid back their capital, and the rest is profits. They will definitely sell resolutely, and of course, if the sell-off is too large, they will slow down a bit. The biggest trouble now is the land and real estate. ”
"Isn't the price unchanged? at least it hasn't fallen too much, right?"
"Boss, no one buys it, and if it continues to develop, they will probably have to buy and sell themselves. ”
William White was stunned, what kind of operation is this? Why haven't I heard of it?
Looking at William White with a sluggish face, Filson could only explain.
"Boss, even if you sell me the house, you really don't need me to give a down payment, or rather, give a false payment information. It is not very difficult to borrow from the bank at 8% or 7% off the contract price, and the funds in the banking system of the foot basin are too large. ”
"I know, if the price of the property rises, I will continue to repay the interest, and if it falls too much, I will declare bankruptcy protection. Anyway, the price of the property has at least doubled. ”
"That's pretty much it, when they buy these assets, they also use loans, and some corresponding funds. In short, a circle will go around and they will cash out most of their assets. Unless, the property price of the footbasin collapses in a short period of time. ”
William White shook his head and sighed, playing a financial game, the footbasin was not an opponent at all. If the exchange rate depreciates sharply at this time, this situation can actually be avoided.
Even if you do so, you will be severely attacked by the US imperialists, and won't you still be able to adjust the interest rate by a large margin? If the interest rate is raised to a level of more than 20 percent, these vampires will probably be miserable.
It's a pity that the foot basin can't do all this, because Daddy Mi doesn't allow it. The longer they stay in this position, the greater their loss. Although the footbasin also wanted to resist, it was just that they were really scared by Daddy Mi.
"Filson, how many big conglomerates are doing the same? Could it be that the banks of the footbasin are all fools?"
"Anyway, Sumitomo Bank's internal assessment report shows that the pullback in property prices this time will not exceed 20%. ”
"Hehe, keep an eye on it, see how much money they make, and pay special attention to the Rockefellers, well, and the Rothschilds. ”
"Okay, boss, these two have invested a lot in the footbasin, especially the Rockefeller, they laid out very early. ”
"Well, look it up. ”
The continued decline in the footbasin stock market has made the rest of Asia and its countries very nervous. Many countries that have close economic ties with foot basins have been affected a lot.
Such a plunge caught the footbasin off guard, and I really didn't expect it to be so serious. Even if the market is rescued now, it seems that it is too late, and this bubble is what they took the initiative to burst.
The footbasin is completely finished, and it will not be restored at all without decades. Now William White thinks that the book "Footbasin Man Can Say No" is simply too joyful. It's not that I can't say it this time, but this time it's Ya Jiao Butterfly.
Especially when I think of the Japanese don't, it's Ya Butterfly, this is so funny, simply change it to a foot basin and say Ya Butterfly, anyway, they have to use this word every day.
The good days of foot basins are over, and now a large number of European and American properties are starting to look for buyers, and everyone is selling the property, what will be a good price there.
The U.S. imperialists gave their little brother a ruthless one this time, and the top ten consortia all became fat pigs. These bastards are fine, at least they need to pay taxes to the government, and those families are not so particular.
Using overseas accounts to avoid taxes is a compulsory course for wealthy families, and the book Currency Wars once described that the Rothschilds have a trillion-dollar fortune.
For a while, the Rothschild family was well known to the world, and there were still many people in the Celestial Empire who believed in this argument, and after William White's research, a trillion dollars of dollars was absolutely impossible, at most tens of billions of dollars.
The Rothschilds of later generations came out to refute the rumors, claiming that the family fortune was about 8 billion US dollars.
William White doesn't believe this statement, half of the world's four major wineries are in their hands, there are many luxury brands, all kinds of manors and castle real estate, not to mention, there are unclear overseas assets, after World War II, there are hundreds of tons of gold family, 8 billion US dollars? Let's not joke.
After World War II, the big family of the United States has gradually faded out of people's sight, and the most powerful family should be Da Mo, even if it is split into two companies, the Morgan family is still the largest single shareholder.
As for the Rothschilds, in fact, they are already eating their old roots, after all, they are big and popular, and without deep political capital, it is impossible to make too much money at all.
Just like William White now, many forces are already eyeing him, as long as he reveals flaws, he will definitely be swallowed up.
This time there will definitely be no shortage of assets in the private speculative footbasin market, Rockefeller and Morgan will definitely not invest less, and the Rothschilds must also be involved, everyone knows it. There are already a lot of people who have taken back to the United States to pay taxes, and there will only be more if they don't get back.
Of course, William White wasn't much better, he did the same, even more than the bastards.