The outbreak of the Greek debt crisis marked the beginning of the European debt crisis, and most financial institutions in Europe were in trouble, and there were probably no people who could find trouble with Tianhe Securities. However, it is a bit unreasonable for the Greek government to stare at Analysys International.

In the face of domestic and foreign pressure, Analysys International not only did not relent, but successively published reports on the in-depth study of the European debt crisis, and the main points expressed are as follows.

Although the European debt crisis is widely regarded as a sovereign debt crisis, its root cause is not fiscal. The creation of the European Central Bank effectively deprived the eurozone countries of the right to issue money. The ECB's charter also stipulates that the ECB cannot directly monetize countries' fiscal deficits – theoretically, the ECB cannot directly buy the government bonds of eurozone countries. As a result, the national bonds of the eurozone countries are no longer backed by a money printing machine, and there is a possibility of default. Therefore, when the level of national debt in the eurozone rises, it is vulnerable to market attacks. Other countries with high levels of debt, such as Japan, have a debt balance that is twice its GDP and far larger than the eurozone, but because Japan still has the right to issue money, debt is not a problem.

The European debt crisis is essentially a balance-of-payments crisis, and its root cause lies in the economic imbalances (trade deficits, etc.) between countries within the eurozone. The imbalances between countries within the eurozone are largely caused by the creation of the eurozone. The creation of the eurozone also temporarily eliminated the exchange rate, the economic force that suppressed imbalances, and if each eurozone country had an independent currency, the adjustment of the exchange rate could quickly rebalance the balance between countries. This is because the maintenance of the imbalance depends on the continuous flow of funds from the core countries (trade surplus countries such as Germany and France) to the peripheral countries (trade deficit countries such as the five European pig countries) to finance the current account deficits of the peripheral countries. But now the subprime mortgage crisis has changed all that.

The European debt crisis is manifested in the form of a sovereign debt crisis, a banking crisis, and a liquidity crisis......

Analysys International's papers have been published continuously until now, which has finally attracted wide attention from the international academic community and the governments of European countries, and the Greek government has lost its voice for a while. Anyone with a discerning eye can see that Analysys has conducted in-depth research and has explained the causes of the European debt crisis very well. However, the pressure at home is increasing day by day, and in the eyes of some people, Analysys is a house slave, and it is really unbearable for a house slave to be so disobedient. However, they did not have much to do, and as they became famous in the subprime mortgage crisis, Analysys cooperated extensively with domestic universities, and the official members of them were leaders in various industries. What's more, this is a cost center, not a for-profit organization, they don't have too many restrictions, those experts and scholars are only responsible for publishing papers, and others are responsible for publishing and promoting. Of course, if the government wants to find trouble, it can always be found. No, Huatou's high celebration actually arrived in England.

"Mr. Gao wouldn't have come here to ask about the guilt, right?"

"Ask about sin, ask about what sin?" Gao Xiqing said strangely

"Analysys international affairs, domestic pressure on us is very great!" Zhou Shi

"This is also going to cause you trouble, shouldn't it?" Gao Xiqing

"So you're not looking for trouble, so what?" Zhou Shi

"You~~, no, we have reached a final agreement with the four-party cooperation of British Telecom, T-moblie, and orange, and we are about to sign it, don't you know?" Gao Xiqing

“(⊙o⊙)… In this way, of course I know, but I haven't seen the specific details of the cooperation yet, and this time is too busy. Zhou Shicai will not admit his mistake

"Hey, you, how can this kind of big event be delayed, this is the best springboard for Huatou to enter Europe, but there can be no problems in the end. "High festivity

"It's okay, don't worry, I also prepared a big gift for the European debt crisis. "Zhou Shi

"Are you really making waves in the back, aren't you afraid that they will settle accounts after the fall?" Gao Xiqing

"You think too much, we are not the main force of the European debt crisis!" Zhou Shi

After this time, Analysys International will be the No. 1 think tank in China, or now it is the No. 1 think tank. Galaxy Capital's status in China will be greatly improved, I really envy you, you can do whatever you want?" Gao Xiqing

"How can our status be improved, to what extent, or what is our current status?"

"Aren't you embarrassed for me, can you say something? But I've heard that in the future, you may be treated as a quasi-state-owned enterprise, and there will be a lot less trouble. "High festivity

"Is there a standard, when and to what extent can it achieve the treatment of quasi-central enterprises? "Zhou Shi

"It's hard to say, I don't think others have a chance, you, toss a few more times, or cooperate with the domestic toss a few times, maybe it will be successful. "High festivity

"Forget it, if I really do this, there may be no place for me to stay abroad. Zhou Shi doesn't want to lose his flexibility, it's not that he's not patriotic, but the reality is that as an internationally renowned capitalist, he has a certain conflict with the country, plus he doesn't want to be anyone's minion, so there are some things he won't do.

"You, a lot of people don't have a chance to do it yet. "High festivity

"That's why I'm me!Uh, by the way, is Huatou interested in Tianhe Securities?"

"What, do you want to raise money or go public?" Gao Xiqing suddenly became energetic

"It's hard to say now, there is no plan yet, but I feel that the CEO of Tianhe Securities may have a big move after taking office, and I may need your financial support at that time" Zhou Shi

"No problem, if it is Tianhe Securities, whether it is this year or next year, we will leave you with enough funds. But isn't Gregory the CEO of Tianhe Securities?"

He offered to retire and stay at Galaxy Capital in the future, as well as serve as an advisor to Tianhe Securities, but the new CEO will be replaced. "Zhou Shi

"Do you want Hu Guniu to be the new CEO?" Gao Xiqing

"He?maybe, wait and see!" Zhou Shi

"Hu Guniu is indeed a little unsuitable for foreign countries, but what projects do you want, but don't forget me, as long as there are good projects, there will be no shortage of funds. "High festivity

"Then you have to wait, the European debt crisis has erupted, the value of bank assets in Europe has fallen, and we are not familiar with other industries for the time being, unless China Investment Corporation develops Liverpool with us. "Zhou Shi

"Developing Liverpool?"

"If Liverpool can come back on the rise, and with our publicity, the value of tourism, property and so on will increase a lot. "Zhou Shi

"Then let's talk about it later, by the way, what kind of gift did you say for the European debt crisis, will the problem be more serious?"

"The European debt crisis has just begun, and it will definitely get worse. But it has nothing to do with what I'm talking about. This is at least a small gift. "Zhou Shi

"Is this a secret?" Gao Xiqing

"It's not a secret now, do you know how Greece joined the eurozone?" Zhou Shibai took a look at the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" to read for free for the first time.