Chapter 117: Save the Rich!
The communication with Buffett was very pleasant, and the horse boy who came with him may not understand, but William White and Buffett are very clear.
The reason is very simple, everyone is the same class, and William White has already touched the threshold even if he has no background, or rather, he is far beyond the threshold.
The class division of labor in the United States is very clear, and it belongs to the top, that is, there are a few families, either secret or sneaky. One thing is unmistakable, this class is solidified, and they don't like or welcome any new blood.
Of course, money is important, but it's not enough to have money, and others won't take you to play at all.
Let's put it simply, Buffett and Bill Gates are good enough for 13, right?
Let's put it this way, it doesn't take up any side at all. Even the current William White is only recognized, and if you want to join the game, one generation may not be enough.
Well, you can say, I'm not interested, I'm pretty bullish now.13 Why look at other people's eyes anymore.
Perhaps, if you can't eat grapes, you think it's sour, and you can't soak a beauty, but you won't think she's garbage. Generally speaking, what you can't get is the good thing.
"Warren, this is crazy, it is a rate cut and a depreciation, can it be said that they can't be defined as currency manipulation?"
"It's impossible, I won't hide it from you, Peanuton has a tacit understanding with them.
It's just that I didn't expect them to be so ruthless. ”
"Nima, Soros, can't you get more cheap chips?"
"yes, it's funny to think about, if these funds are used to short-sell, I don't know what kind of expression these guys are. ”
"It's not if, Tiger is already doing that. I've heard that they have rice bags ready. ”
Buffett was speechless, it seemed that the greed of this group of bastards was far beyond his comprehension.
Cutting interest rates can indeed ease the pressure of loan repayment, and generally speaking, this is a very good means of adjustment. If the economy overheats, you can raise interest rates and increase costs for investors. If consumption is too low, you can lower interest rates and promote domestic consumption willingness.
Unfortunately, the central bank of this book got one thing wrong. Overdraft consumption is not the mainstream in this world. Reasonable use of the interest-free period is the majority, and only the lowest part is returned, after all, it is a minority.
In this respect, this is different from all developed countries. In terms of the popularity of credit cards, the cost is not high, and the proportion of overdraft consumption is even rarer.
Yes, after a painful lesson, he entered a low-demand society.
Don't talk about developed countries, this is unique in developing countries.
Don't buy a house, don't get married, don't have children. Civil servants, who were once unwelcome, are now being targeted by young people. Having a job of ensuring harvest during drought and flood is more important than anything else.
As for starting a business, no kidding, if they can't find a suitable job, they can go to a convenience store and do odd jobs.
As a result, the central bank has lowered interest rates sharply, in fact, all of them have cheapened the consortium.
Enterprises that really need loans are simply not likely to get them. Banks are the biggest capitalists, and they are not open-minded, and the interest rate on your loan is so low, who will lend to you if they are crazy.
See, under the banner of promoting consumption and reducing the burden on small and medium-sized enterprises, but the money in the bank was given to international speculators in a blink of an eye.
It's actually pretty good, Smecta is more interesting. In order to get rid of the IMF's interference as soon as possible, the people of Smecta have gone crazy. On the streets of Seoul now, you hardly see anyone wearing gold and silver.
You know, Smecta, like Ah San, likes to tie a very thick gold chain. Now it's gone, and there is a strong sense of national pride, and the country is absolutely not allowed to do anything.
Speaking of which, the IMF's rationale for regulating credit is actually for fairness.
It's funny, as long as the IMF is sent away, Smecta will return to the previous consortium model. From this point of view, this actually cuts off the path of advancement for most people.
In a country with a high monopoly of the whole industry, it is useless for you to do any business. Even if you come up with a very good project, it will soon be taken over by the consortium.
However, the people who eat melons like it, and in their opinion, Smecta's enterprises can only defeat the company next door if they work together.
William White was a little emotional, he was a local tyrant in Ben and Smecta, and Cai Nima could be regarded as a winner in life. These policies of yours are all aimed at the rich, is this because you are worried that they will make too little?
"William, you don't have to be so pessimistic, do you? In my opinion, the impact on the United States is extremely limited. ”
William White casually swung a shot, he is in a good mood now, and of course he doesn't care about correcting Buffett's three views.
"Damn, it's a birdie ball again. ”
"Hahaha, hahaha, you see, good people will always be blessed by heaven and earth.
By the way, what did you just say, pessimistic? Just kidding, I'm already very optimistic. Let me tell you, if it weren't for the rapid development of the high-tech industry,
You know, what this time was, the Great Depression, worse than any in history. ”
"No, aren't you a bit alarmist. ”
"Well, you wait and see, you'd better pray, if the exchange rate of the big rabbits also decreases, I'm looking forward to the expressions of those bastards. ”
Buffett shook his head, a little disapproving. He knows more about the inside story than William White, and the big rabbit will not depreciate, and at this point, a group of guys here in Asia have already talked about it.
According to the information fed back by this group of guys, the big rabbit is going to boost domestic demand. I heard that it is housing and automobiles, hehe, these two are good things, once developed, they can drive hundreds of related industries.
Glancing at this, William White snickered as well, looking at his old fellow. Hey, you old bastard, what kind of big-tailed wolf with me. Big Rabbit's next plan, buddy has long known, I deliberately didn't say.
Sometimes William White wonders that real estate is not necessarily bad if it is a pillar industry. At the very least, the prescient guy will have a certain increase in personal assets. Or rather, it will explode to an incredible height.
No matter how high your salary is, no matter how you know how to do business, so that you can take out 10 million at once, many people can't do it.
However, in cities like Beijing, Shanghai, Guangzhou, and Shenzhen, if you sell one or two houses, 10 million is not such an exaggerated figure.
In 99, you heard from the brick family that there was a very serious bubble in real estate, so you didn't buy it.
Really, apart from a moment of silence, I can really only say that I am speechless. I don't even know what a bubble is, but I can't be ashamed of it.
If you are engaged in the economy, you don't even look at history, and what kind of economy are you engaged in, you are actually a brick family.
Well, since there is no business card management system, as long as you are thick-skinned enough, you can indeed say casually, master, brick family, this thing is not very valuable. As long as the routine is deep, there will always be fools who believe it.
It is indeed very confusing to talk about the real estate bubble in 99 years, but how many times has the land and real estate of the book risen, can this really be compared?
Also, the land tax is levied, which is the real killer feature, and before that, there was not much decline at all.
If the house price is high, it can't be sold, and the land price is expensive, and no one wants it. Then it's good to keep it, at least, if you look at the financial statements, the company is still profitable. Sell it at a low price, and there will be a serious deficit instead.
vertex