Chapter 656: The Beginning of a Great Era
For the country, when Hu Wenhai said this plan, if this is a cultivation game, the favorability of the rabbit is estimated to have been blown up at this moment. Pen × fun × Pavilion www. biquge。 info
Although reality is not a game, there is no progress bar that can be tackled, and no cute girl can be pushed down after the favorability is full. But looking at President Zhu's moving appearance, it is estimated that Hu Wenhai's image in his heart is almost the same as that of a saint.
James Edison's plane arrived in the imperial capital, and the incident was not widely publicized, it was only briefly explained in a fifteen-second news line on the news network.
But after all, he is a dignified US Secretary of State, and sitting opposite him on the TV is a rather presumptuous Moon Moon Bird with a smile on his face.
China condemns and protests Iraq's insistence on invading Kuwait in disregard of the strong opposition of the international community, and declares that it will cease all military and commercial cooperation with Iraq, and hopes that the Saddam regime will accept the UN resolution, immediately withdraw from all Kuwaiti territory, and bear any impact of its incursion.
The eight-share article in the news network did not mention the turbulence in the oil futures market at all.
At the same time that James Edison and Yueyue Bird closed the door to negotiations, the United States forcefully informed Britain that it had reason to suspect that Xinke Investment had violated the United Nations sanctions resolution on Iraq and formed an alliance of interests with Saddam's regime.
In the process of cleaning up the transaction data of ST Investment, it was found that it may have learned of the detailed plan of the Saddam regime to attack Kuwait through internal channels, so it was suspected of improper transactions, and requested the London financial management department to immediately freeze the transaction funds involved in it......
As a staunch ally of the United States, Britain quickly responded to the American request. On the same day, a team of investigators from the China Securities Regulatory Commission (CSRC) entered the futures market, and MI6 and the District Attorney for London issued detailed procedures and written documents, requesting the District Court of London to issue a special judgment to freeze the US$8.1 billion of funds and financial securities on the books of ST Investment.
In the London financial market, the two sides that are engaged in a long and short war, suddenly there is a main force missing from the bears. Without waiting for the bears to mobilize funds to make up for this rift, the United States and Britain immediately launched another set of combination punches.
The United States has successively announced 11 financial institutions in Japan, Germany, France, and other countries, claiming that they are also suspected of having interests in the Saddam regime......
In times of war, time is of the essence, and there is a law to freeze first and then investigate. As early as the first time Saddam Hussein invaded Kuwait, the United States froze all of Kuwait's assets without a clear investigation to prevent them from being used by Saddam.
Now that you have done the first year of junior high school, you can naturally continue this practice and do it a few more times.
The Americans are also very "talkative", guaranteeing that if the investigation results do not constitute an alliance of interests, the frozen funds will be returned, and the financial securities can also be calculated according to the market price at the time.
This approach has just been introduced, that is, the London Magistrates' Office has submitted a request to the court to freeze the assets of the new branch's investment, and the precedent of the special court has been formed on the same day. As a case law, English law means that the other 11 investment institutions are likely to face the same outcome.
This is really asking for the lives of many empty heads.
With the temporary departure of Xinke and 11 investment institutions, the bears' firepower suddenly thinned out in the long-short confrontation.
The bearish show of weakness has greatly boosted the morale of many parties, and the White House has sent out some gossip at the right time, and President Bush is very interested in Iraq's concessions at the negotiating table in Egypt, and may be able to reach an agreement with Saddam Hussein.
These seeming true and false gossip, combined with the US side's sweep of shorts in the futures market, have become very convincing.
Large energy consumers such as Europe and Japan, seeing that oil prices may rise rapidly, do not know how much money is invested in the reserves of oil futures contracts.
As for what should be done about the drop in the price of oil? It's a big deal to form a delivery and bring the oil back to the country for consumption.
Regardless of the price of oil, energy groups are sure to make a profit. International oil prices and refined oil prices and chemical prices are not in the first place, what price does the domestic energy group sell, can car drivers still negotiate with gas stations?
As for market competition, there is no country where energy groups are not semi-monopolistic. The high policy threshold makes it difficult for the international community to think of getting in even if there is cheap oil.
Anyway, it is certainly not the energy group that is unlucky with high oil prices, and it is often the overall development and manufacturing costs of the domestic economy that pay the price, showing the damage to the economy, and it will take two or three years.
With the emergence of this wave of bears, the price of oil immediately began to rise wildly, breaking through the terrifying price of $50 without any pressure, and liquidating a large number of bears.
Most of the unlucky people in this wave of washing are investment institutions and financial funds that want to take advantage of the opportunity to make a profit, and their nature is different from that of energy groups. These small fish and shrimp do not have strong capital reserves, and most of them use financial leveraged financing, and the transaction risk is very huge. On the other hand, the background is not enough, and they do not have the ability to digest and supply oil, and once the delivery is formed, they will face default, and then it will be five times the penalty for liquidated damages, and the death will only be worse......
In this way, if a group is frozen and a group is killed, the forces of the bears will immediately appear to be alone.
Seeing that it was profitable, a huge amount of hot money set off from all over the world, and the chrysalis came to the City of London to join the carnival feast of the bulls.
The international situation is turbulent, and who would have imagined that in the first week of December 1990, the trading volume in just seven days has exceeded that of the past year.
If it weren't for the City of London, which had learned the lesson of the U.S. stock market and had already upgraded its trading system, the crash might have happened here.
"The financial system was designed to solve the problem of resource redistribution. However, this tool is not only very inefficient, but the vast majority of investors do not have enough information to support them in making the right decision. And this set of tools often gives birth to self-awareness, forgetting the original purpose, and simply running on the road to death for profit. ”
James Edison left with a tacit understanding that could not be put into writing. He was accompanied by a request from the Presbyterian Elder Elder to make a state visit to the United States after the war.
Of course, there is no problem.
James Edison, on behalf of President Bush, welcomed the Elder's request.
In the afternoon of the same day, the stocks of several large manufacturing groups in the U.S. stock market ushered in a slight rise.
On the second Saturday of December 1990, all the political reporters and commentators around the world were dragged out of the warm and lovely bed by their bosses and firmly anchored to a television set.
The White House will hold a press conference today to announce President Bush's decision to the outside world.
Hu Wenhai, Sun Bo and President Zhu were almost opposite each other during this time, always paying attention to the progress of things. Now that it was finally the last moment before the opening of the cup, even with their city government, it was inevitable that some excitement would jump to their brows.
As long as there is no emergency on the part of the Americans, it is conceivable that Bush will certainly announce the release of the US strategic petroleum reserves at this news conference, and the price of oil will certainly fall in response.
Hearing Hu Wenhai's evaluation of the financial system, President Zhu nodded with deep sympathy: "If the financial industry wants to develop in China, it is not possible to be uncontrolled. Yet while finance is such a terrible tool, we now have to deal with it. The only way to do this is to be on your toes at all times, because we don't have any other tools available. ”
Hu Wenhai nodded silently, although the tool of finance is not very easy to use, at least it is barely enough. Although the Planned Economy Committee is a perfect tool, it is precisely because it is so perfect that it cannot be created by the current human society.
The planned economic commissions of China and the Soviet Union may not be able to bring into play even one-third of the design effectiveness in their own work as tools.
......
In the conference room of the Xiangshan Hotel, Hu Wenhai and the three of them were leisurely talking "gossip" for a while, and Bush was already standing behind the podium in front of the lawn of the White House on television.
After a raindown of camera shutters, President Bush began his speech.
"Before I talk about the problems in the Gulf region, let me announce a piece of good news. My Secretary of State, James Edison, has brought me good news back to China, that Mr. Elder, the Grand Elder of the Presbyterian Church of China, has made a proposal to pay a state visit to the United States, and I, as President of the United States, are here to formally extend an invitation to Mr. Elder, and the United States welcomes you! I have a hunch that this will open a new era for the cooperative relationship between China and the United States!"
"Hehe, Mr. Hu, look, these people standing behind President Bush are very particular!"
Zhu the president put down the phone and commented on the picture on the TV with great interest. Of course, he himself has no impression of who stands behind Bush, but can't the governor of the People's Bank of China come together a team of advisers on international affairs?
No matter how wasted China's international political think tanks are, there is no problem in building a database of high-level figures. Obviously, what President Zhu meant by this meant that the United States was likely to have unknowingly changed. Whether this change is good or bad is anyone's guess.
And the initiator of these changes, far away and close in front of him, is Hu Wenhai, who is looking ignorant at President Zhu.
The situation in this world is getting farther and farther away from the world he is familiar with.
After that, it will be a more magnificent era than the previous history!