606 Need a bailout?

Volume 2: Do you need to save the market if you get Brother Copper 606?

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Those who are more familiar with the national conditions of China know that these large enterprises are under the jurisdiction of the State-owned Assets Supervision and Administration Commission.

Of course, it is not only large-scale, but also plays a major role in the national economy and people's livelihood.

Or rather, strategic.

Although copper is not a rare metal, it is an indispensable material for people's lives and national defense construction, and of course cannot be operated by private enterprises.

At the same time, it must be managed and operated by key companies under the direct jurisdiction of the State.

This is also a key part of the planned economy.

As a matter of fact, it is no longer a purely planned economy, because China is now a member of the WTO, and the vast majority of the first and second categories of commodities in the original planned economy have been transferred to market operations, and there is no longer the jurisdiction of the planned economy.

However, this change is only superficial, because the market economy does not change ownership.

Production, consumption, and operation are all decided by the owner, not by planning regulation or market mechanisms.

The market risk of the market economy can of course have an impact on the enterprise, but the enterprise can also completely affect the market.

In the final analysis, it is still a matter of who has the most economic power.

For ordinary enterprises, whether they are private enterprises or listed companies, of course, the market is more powerful, but for China's state-owned enterprises, the situation is often the opposite.

China's professional companies often concentrate the resources of the whole country, if necessary, enough to compete with the market!

Whether it is the WTO, other organizations, or any other country's large companies, they all know this idea, but at most they just put forward their opinions, complain, and then protest.

But it can't be changed at all.

The kingdom of China, especially after the increase in economic strength, does not even have the previous story of hypocrisy.

It's a picture of "I'm making you uncomfortable, you still don't have anything", an attitude of being angry and not paying for your life.

This is also what they deserve, because when they are in the limelight, they do more arrogantly, and they lack fundamental respect for the Chinese kingdom.

The State-owned Assets Supervision and Administration Commission announced this production cut, and all the players who needed to close their positions, including Ge Langlou and Brother Tong, saw that they had fallen into the ice hole.

China is going to play really!

Such a reduction in production is a certainty once announced!

The biggest problem is not the production cut itself, although this production reduction has already broken their bones!

The biggest problem is the impact of this announcement of production cuts!

More precisely, it is the direction of the winds that this announcement directs.

There is no antitrust law in China!

And even the application of antitrust laws does nothing.

Because they are not a business, both in substance and in name.

Their only connection is that they are all under the supervision of the State-owned Assets Supervision and Administration Commission.

Even if it is not directly regulated, it has a great impact on them.

That is, looking at the wind vane of the SASAC, the benefits are great!

If you go against the wind, it's not just a matter of not having benefits.

It is estimated that such a company will not be able to stay for a day.

Maybe not so vigorous, but sooner or later it will be the end.

Therefore, generally speaking, as soon as the SASAC determines the direction, everyone is all SF Express.

Why isn't there a headwind?

Because they have long since ceased to exist zài.

Sure enough, the worries of these foreigners became a reality.

The provinces, prefectures and states of China have always needed a large amount of copper, and they have increased their copper orders!

They are afraid that the world will not be chaotic, knowing that the supplier of the seller's option does not have a contract, and more than half of the contracts they have added have come to this!

The purpose is very clear, that is, to raise the market price.

Grandlou stared at the orders that flew in like snowflakes, and within ten minutes, there were more than twenty copies.

At least 1 million tons, and more than 4 million tons!

Grandlou has all the thoughts of crying!

It looked like he couldn't resist it, so he had to go to a friend of his, who was Greenspansky, who was vice chairman of the Federal Reserve.

"Green, that's not good! I want to apply for federal intervention and take emergency action to save the city!"

"How can it be so easy to save the market? Do you know what that means?"

Greenspaski was surprised, then asked in a deep voice.

"Saving the city is saving the market, what is the deep meaning? Hasn't it happened a few times before that the Federation has taken out tens of billions of funds to bring those fools who will pay for their deaths to bring them back to life?"

"You! It's a shame that you claim to be an economic expert! You haven't seen through this important question! Sue you, don't mention the bailout of the market in the future, especially not in public, otherwise you will laugh at you! Bailing out the market means that there is a national crisis, and if you don't change, the whole country will fall along with the destruction of the market! Have you encountered this situation?"

Greenspaski said hatefully.

"I see! Although I didn't understand it before, after hearing about it, my current situation really meets the conditions for the need to save the market! I think it has reached a very dangerous state, and if there is no federal intervention, the United States will be in danger of being finished!"

Thinking about it like this, Grandlou is really anxious!

"Really?"

Greenspaski knew that his friend was not the kind of shallow person who babbled, and he usually spoke reliably, so he couldn't help but be cautious.

"Yes! I've done the math, and the total number of contracts is more than 10 million! Now I've lost $1 a pound, that's a total of $250 billion! Of course, this is just the beginning, and it's very likely that you will lose $10 a pound! At that time, you know how much money you will lose?"

"Of course! $2.5 trillion. ”

Greenspanski said in his heart, how can this account be difficult for me! Do you think that I, the vice chairman of the Federal Reserve, am in vain?

But that's only one aspect of the problem! What's more, those guys who make money are all Chinese people!"

"Well, I said Grandhouse, you and your family and even your country are all friends of the Chinese people, haven't you always maintained a good relationship with them?"

"Ahem! Don't mention it! I have a hatred for taking my wife with them! I have come and gone to make trouble with this Cheng dù, I am difficult to ride a tiger, and I can't stop it!"

Grandlou sometimes thinks about it, if he knew that he was so inextricable now, would he fight with Joe?

The answer is still "yes"!

How can a manly man tolerate his woman being robbed by others?

"Well, 2.5 trillion US dollars, plus a strategic opponent, this can barely meet the conditions for the need for bailouts!

(To be continued.) )