Chapter 795: Robbery 99%!
And the economic leap of the United States, in fact, is also a process of wealth transfer, in the previous cycle of making money in the stock market, who makes money?
Executives, Directors...... It's all rich people!
Well, the real wealth of society as a whole has not really increased, and these individuals make money, so who is it who loses money?
Yes, it's the 99%!
It seems that the wealth of the stock market is increasing, the number of points is getting higher and higher, and the people who don't speculate in the stocks, that is, ordinary workers, and even those with low incomes, are just affected, that is, they are losing their property.
This thing can't be seen or touched, because this loss is not felt, it's like a master pickpocket, he steals wallets from other people's pockets, and those individuals don't feel anything, and now those 99% are the people who are stolen, they don't feel it at all.
This process is like this, the Federal Reserve began to print money, the money first went to Wall Street, those companies were saved, then naturally the bubble came out, that is, there were more dollars, and as soon as there were more dollars on Wall Street, it would naturally rise, and after the rise, everyone saw that it was powerful and profitable, and they all came to buy, and the most ruthless ones were the big companies themselves, that is, the executives.
When executives buy stocks, the stock naturally rises, but where does the stock go?
Inspire!
Executives get the most incentives, and as soon as the stock goes up, they cash it out, so even though there was a policy of the Clinton era, which was that the salaries of senior officials were restricted, it was all small money, too small. It's tens of millions of dollars to cash out.
So isn't this money back in the stock market?
Yes, but where did the cash-out dollars come from?
At this time, the stock market on Wall Street is like a super vacuum cleaner. Oh no, it's a money sucker. The dollar and even foreign capital have come over, because the stock market is rising, and it has been rising again, and there is a high return on investment, and this return is still very fast, much faster than normal business, so fools don't invest, right?
The key point is that European and American companies have this CEO system. That KPI is to see how the price of the stock is, and they have to maintain that price.
So, then continue the cycle, buy back again, and the dollars from outside are coming in, and the Fed still needs dollars from the outside, so they have to print until finally, they see it. It couldn't go on like this, because the cycle was going on, and if it went on like this, it would be very miserable, so they stopped.
can be in the process of this cycle. 99% of people in the United States, their money is sucked away, because the money is printed though. But this thing is not invalid out of thin air, for example, it turns out that one thing is worth 100 yuan. And the money is only 100 yuan, but now 200 yuan is printed. Then this thing should be worth 200 yuan, but this thing is still traded at 100 yuan or just a little more, such as 110 yuan, then it is equivalent to being robbed!
The whole process cannot be seen or touched, but 99% of them will feel that their lives are getting more and more difficult, they have more and more money to pay, and their disposable income is getting less and less.
And this process, not only 99% in the United States, but also in Europe, when the New York Stock Exchange merged with the London Stock Exchange, in fact, to do this more conveniently.
So why did the United States last longer?
It's very simple, because the United States has the right to mint money, the dollar is actually the world's currency, and the Federal Reserve is the world's central bank, so, of course, they can support it the most, but in fact, this matter can be continued, and it will not explode so early. But something happened here.
That is, Europe and Japan are also printing money!
They couldn't hold it at that time, and they also wanted to play this trick of the United States, but if they didn't have the right to mint money, they wouldn't have this seigniorage, and after the dollar liquidity tightened, that is, after the United States stopped QE, they would have had a chance, because the United States would swap currencies with the eurozone and Japan in order to prevent this tightening problem.
However, when they frantically printed money, everyone found that this swap currency could not be done at all, and both sides suffered losses, suffered big losses.
To put it simply, it's too much fun to stop!
And the collapse of this stock market is actually because the dollar is too strong, because there are too few dollars in the world, it is naturally expensive, but you must know that even if you are crazy investors, they will only invest in the company's stock if they look at the fundamentals of a company.
However, when the dollar is expensive, the fundamentals of American companies are finished, very simply, because now at least two-thirds of the revenue of American companies comes from overseas, and when the dollar rises, the company's financial statements will be a mess, even if it is profitable overseas, but once it is converted into dollars, it will also lose money.
So, in fact, what the United States did was to stop the rise of the dollar, but they didn't do it.
But this is also inevitable, just imagine, you are looting the world's wealth, trying to bring it all back to the United States, but you also have to avoid the strength of the dollar, which is simply not possible. At the end of 2014, the dollar was very strong, it had risen by 20%, but it stabilized a little bit, but ...... We all know the results.
So what will they do with the 99% who have been robbed before this great recession?
"We want to work, we want to eat, we want to live!"
"Wall Street bastards! You got so much money and you starved so many of us!"
"Robbers, robbers, robbers!"
A large group of people, it should be said that this is a huge crowd, they blocked the streets, they held up their signs, they were shouting and invecting loudly, and the whole crowd was very disorderly, and there were often some smashing situations, which was natural, but there was no police to take care of it now.
Yes, we hardly see the police, you know, in every march in the past, there will be police coming out, but this time, it's completely different, because the police are also short of money, so most of them go home!
The economy is so unbearable, the government departments are also reducing their expenditures to the greatest extent, although the police are necessary, but they can't find a lot, and now, this crowd is so fierce that it is simply unprecedented!
In fact, this is not right, because before, that is, the economic crisis of 1929, the Great Recession, there was also a huge crowd of people in the United States, but that crowd is more interesting, they are like a group of wanderers, they gathered, but they didn't do anything to ask, just wandering there, for this reason the United States even issued a law, that is, people are not allowed to wander, anyway, that's pretty much what it means.
But this time it's different, this time someone organized!
"Brothers, poor people of the United States of America! We must make our demands heard! Let the people on Wall Street be afraid! We must make the people in Congress afraid! We, the proletariat, are the most powerful ......."
On a high platform, surrounded by the marchers, there are three layers inside and three layers outside, and Henry Scott is on the stage with a microphone to speak, his speech is impassioned, his speech is inspiring, his speech is full of tears!
However, there was still a circle of people standing around him, all of whom were holding glass in their hands, which was supposed to be bulletproof glass, and it seemed that Henry was doing a good job of security.
Yes, Henry Scott is a character who has stepped onto the stage of history, and we already know him today, in 2035, but this guy really made the world known in the biggest parade in American history!
So, is this parade the news that our little John is watching?
"We want food! My mom wants to work!"
It's not news, it's our little John who is participating in this parade, he's walking with his mom and sister, and he's holding a little sign with his drawings on it, FOOD and WORK, two words.
Oh yes, our little John was also affected, before he went out on the street, the future father was also unemployed, and then there was another war in their family, and the two sides fought quite fiercely, and the newly established family broke up again.
Actually, this thing is very unexpected, because Wu Xiang's original script did not have these things, it is very simple, he didn't expect that the United States would be so quick and unable to stand it, really, otherwise why did Wu Xiang buy Disney before?
Isn't that right? If you can predict this great recession in the United States, how much better it is, then Disney is not a cabbage?
Now that this has happened, what can we do?
Therefore, Wu Xiang was in a hurry, he changed the script very neatly, added the family breakdown scene that he didn't want to join, and then joined the event of participating in this super parade and turning our little John into 'Forrest Gump'.
In this way, the plot of our movie is in line with the historical background of the time on the one hand, and it is also very interesting, very similar to "Forrest Gump".
So, did Wu Xiang really shoot such a big parade?
How is it possible, Wu Xiang doesn't have this time to react quickly at all, and where does he know the specific time of this parade, although this crowd will not disperse for a long time after that, but it is difficult for you to really shoot such a scene, and it is very dangerous, okay, those people are all unemployed guys, and I don't know how long you have been hungry, you go to filming?
But it doesn't matter, how can you shoot, isn't that the news about it, that's easy to do, we use the same level of camera, that is, the technical aspect is the same, and then find some extras, as for the framing, it was very simple, that parade was so powerful, it spread almost all over the United States, and there were crowds in all the big cities.
So, Wu Xiang changed such a plot, no way, forcing you to change it, Wu Xiang didn't predict such a super economic crisis at all! (To be continued......)