Chapter 449 Chapter 451 European Debt Crisis 3

According to Greece's debt situation in 2001, Greece did not meet the requirements for eurozone membership, but in order to join the eurozone, Greece turned to Goldman Sachs, and it is possible that Goldman Sachs took the initiative to find Greece. That's when a genius female executive at Goldman Sachs named Antigone Llodiadis came up with a sophisticated behind-the-scenes trading strategy.

It's an interesting strategy, so I won't talk about it here. Goldman Sachs received a hefty commission of $300 million for the complex deal for Greece. But what's fake is what's fake, cheating is just a cover-up, and the debt itself doesn't go away. On the contrary, just as a round lies require a bigger lie, Greece has had to create more currency swaps to cover up its debt and hide its deficit. This has increased Greece's debt burden and left Greece in a spiral of bad debts. In early October, the Greek government suddenly announced that the government's fiscal deficit and public debt as a percentage of GDP were expected to reach 12.7 percent and 113 percent, respectively, in 2009, well above the 3 percent and 60 percent ceilings set by the European Union's Stability and Growth Pact.

Therefore, Greece has no choice now, and has to take the initiative to jump out, otherwise the problem will become more and more serious. If it is said that it is the European debt crisis provoked by Galaxy Capital and Analysys International behind the scenes, even the most ignorant people can hardly believe it. But if there is no resistance, the EU will not care about sacrificing a small person in a foreign land to curry favor with some voters. It's a pity that Zhou Shi's ability is still very good, and what those big people want to do still needs to be thought through.

Going back to Goldman Sachs, this guy helped Greece cheat, but he knew that Greece was very risky, so he bought a 20-year €1 billion "credit default swap (CDS)" insurance from a German bank to spread the risk, so that the underwriter could cover the shortfall in case of debt payment problems.

The problem is not only that Goldman Sachs transfers risk in advance, but Goldman Sachs also uses its position as an insider in the Greek debt crisis to let its funds buy cheap CDS while shorting CDS, and once the market reverses, the price of CDS will fall sharply, and the price of CDS will rise sharply, so as to obtain windfall profits, which can be said to be quite unethical. Goldman Sachs' behavior is likened to a person: "It's like if you buy fire insurance for your neighbor's house — so you have an incentive to burn down that house." "Goldman Sachs' suspicions in the European debt crisis cannot be cleared up. Of course, Analysys International can't do everything, and Zhou Shi won't take all the responsibility on himself. Therefore, there is no shortage of fighters in the financial circle, and there are always these people who are not afraid of power to open the screen paper.

Goldman Sachs' behavior was clearly put in front of the public, and the sovereign debt crisis of the Greek government was unavoidable, and finally lowered the "noble" head and consulted Analysys International for a solution to the problem.

"Hahaha, we're so big this time, and finally no one is blowing our beards and glaring at us. Ye Yang said excitedly in the call center

"How can you pay attention to these little things, our development abroad is quite promising, you don't work hard?" Zhou Shi

"It's too big for something like this to be out of our reach. "Ye Yang

"You have to try it, but keep your distance from the government in China!" Zhou Shi

"Of course, they won't be caught. "Ye Yang

"Well, as for how to solve the European debt crisis, the most important thing is to develop Greece's own economy, and then there is sugar daddy, mainly Germany and France, and then Huaxia, now the world's most abundant cash, development opportunities, the largest development speed is Huaxia, promote China's going out strategy, so that Greece accepts Chinese capital, especially private capital. ”

"Is this appropriate?" Ye Yang seemed to see something in it

"How is it not appropriate? How much money does private capital have, and Greece still needs China's state-owned capital in the end. As for the rest, to say a little more nicely, the Greek debt crisis is a systemic crisis in the eurozone, not a matter for Greece alone. But the published papers are more about Greece's own responsibilities. Zhou Shi smiled maliciously

"Why do you want to?" Ye Yang

"Give the Greek government more reasons to defend itself, to give them more confidence, knowing that faith is more important than anything else at this time. Zhou Shiyan said insincerely, don't you just want to aggravate the extent of the Greek debt crisis, drag this matter for a few years, and then the deep-rooted Galaxy Capital will be able to free up its hands to harvest the fruits here.

"Wouldn't this kind of thing be too profound, does anyone believe it?" Ye Yang said euphemistically

"If there is a need, there will always be someone who will believe. It's like a luxury group sponsoring an animal protection organization: there is no harm if there is no buying and selling, and their target customer group is not the general public anyway. The more protected it is, the more scarce it is, and the better the luxury goods sell!" Zhou Shi said irresponsibly.

"Will there be any problems with us targeting Goldman Sachs like this?" Ye Yang

"Of course there is, and no matter what we do, there will be problems, unless you break off any relationship with me. "Zhou Shi

"Hehe, you know it's impossible. "Ye Yang

"Nothing is impossible, Analysys International has developed to the present, and it will definitely gradually accept donations from external funds, so my role in Analysys International will become smaller and smaller. At the end of the day, Analysys' most important asset is people, not capital. ”

"Mr. Zhou, you won't hear any rumors, I can't imagine that Analysys can have its current development. Without your relationship on the Internet, our data analysis would not be several times stronger than iResearch, not to mention that Analysys Think Tank has now almost become the No. 1 think tank in China, and we have also become a shareholder of Oriental Wealth, both achievements and wealth have exceeded our expectations before starting our business. Everyone sees the development of Galaxy Capital and Sixiang Fund, and no one does not admire the achievements of Mr. Zhou and Mr. Lu......"

"Okay, I see! I saw a sentence on Lao Tzu; With the development of Analysys to the present, in addition to consolidating its own position, if it wants to go further and expand the entire market, the only way is to let him get rid of my shackles and seek a broader living space with a more fair and open attitude. What I need is not the funds brought by Analysys, but more good advice to China through him, that is to say, I hope Analysys will drive the overall development of China. For example, if China is the same as India, everyone's survival is so big, and the upper limit of our growth is so high, which is fundamentally not in our interests. Analysys itself doesn't make much money and won't make much money in the future. Why can't we let him play a bigger role?"

"Mr. Zhou, Mr. Zhou... Sometimes I really feel that I have lived in vain for so long, and my ideological consciousness is far worse than yours. "Ye Yang

"I don't have a backache when I stand and talk, anyway, I don't have much to lose, so I naturally want to say something beautiful. And in my vision, Analysys International could better split into several large think tanks and consulting institutions in the future, and if most of the giants in the domestic industry are separated from us in the future, that is our pride. "Zhou Shi

"This is a big challenge for us!" said Ye Yang

"This is an additional question, whether it succeeds or fails, maybe we can't see it, but there is one thing you need to worry about recently!" Zhou Shi

"What's the matter?" Ye Yang

"I heard that Goldman Sachs is raising pigs in China, and is ready to raise our CPI through speculation, and the most direct way is to increase the cost of living of the people by influencing the price of pork across the country. Their goal is to provide the retail price of pork to more than 10 yuan per catty within 3~5 years. "Zhou Shi

"Is this true??, the price of pork will double?" Ye Yang couldn't believe it

"That's right, the rise in domestic prices has become a foregone conclusion, and I don't know if Goldman Sachs secretly operated it, but they have this suspicion. "Zhou Shi

"Okay, I got it......" Ye Yang

(End of chapter)