Chapter 904: U.S. Subprime Mortgage Global Bills

"A ghost, the ghost of Smith, roams Europe. ”

A passage in the airport lobby allowed Andy Smith to completely steal the limelight from Soros, and the terrifying specter of the financial turmoil he predicted reappeared in people's most frustrating moments.

In the past few days, the US economy has been in a state of "rain coming and the wind is full of buildings." First, the White House threw out an economic stimulus package, and the White House and Congress, which have always been in turmoil, were ready to work together to rescue the market, and then the Federal Reserve took interest rates by surprise and cut interest rates sharply just a week before its regular decision-making meeting. IN THE CONTEXT OF THE CREDIT CRISIS, THE DETERIORATION OF THE REAL ESTATE MARKET, THE SLUGGISH RETAIL SALES, AND THE SHARP DROP IN THE STOCK MARKET, THE U.S. GOVERNMENT'S FISCAL AND MONETARY POLICIES HAVE PLAYED A CERTAIN ROLE IN REASSURING THE MARKET, BUT IT HAS ALSO PRODUCED THE EXPECTED EFFECT OF "A RECESSION IS COMING". Panicked ghosts roam the market air.

By the time Andy's motorvoy drove into the Davos Forum's designated hotel, his words at the airport had reached the ears of all the dignitaries and business elites in the town of Davos waiting for the opening of the conference.

Doubts, quarrels, panic, calmness, optimism, despair... Gathered here for a while, no one would directly ignore the views and judgments of Andy Smith, a young man.

At the end of 06, the young writer, who had just crawled out of the brink of depravity and had not yet shown a dazzling light, said on his blog: "The U.S. economy will enter a recession next year, which may be accompanied by the collapse of U.S. property prices and the depreciation of the dollar." ”

Last year, the subprime mortgage crisis in the United States broke out, and it has affected the world to this day. In a word, it is a prophecy.

What is even more impossible to ignore is that at the same time as the economic crisis, the value of this young American has skyrocketed again and again, all investments are almost invincible, and the prediction of gold prices has made a large number of fans who believe in him make a lot of money.

Since the second half of 2007, there have been many, no, many, many people who have been paying attention to Andy Smith's Facebook updates, and it has been proven that this genius and rich man has strategic thinking and prediction far beyond ordinary people, as well as extraordinary investment vision.

Of course, more forces and countries attribute much of this to the think tank that Andy Smith began to build very early, and now Gaia is also famous, otherwise Alvitatre would not have been called Vulcan by Wall Street.

Only Andy's close people understand that their young boss is really awesome! The strategic height is far beyond the think tank. And the role of the think tank is more like Andy's question, they come to help Andy complete the question, and when they finish the question, they find that the question is the next exam content.

In the success after success, Andy established his prestige and easily controlled the group of JING heroes in the think tank.

In the hotel, Andy sat on the sofa, smiling at the report on TV, turned to the main advisers of the think tank sitting next to him and said, "Panic is what we are happy to see, after all, time is limited." ”

Alvitatre smiled and glanced at Li Xiaoying, who was sitting on the side, and then at the big boss, seeing that the big boss did not show anything else, he said with a smile: "That's fine, after all, once the hand played by Wall Street and the Federal Reserve is discovered by other countries in advance, we will have a lot fewer chances. ”

A touch of astonishment flashed on Li Xiaoying's face, her eyes flashed with brilliance, and she looked at Andy who was smiling, the two looked at each other, Li Xiaoying didn't have anything taboo, and asked directly: "This financial crisis is really a conspiracy." ”

"Hehe, the conspiracy is not counted, in fact, many people have already seen it, but everyone is profitable, no one stands up to say it, besides, even if it is said, it is useless, this is the general trend!

The real problem lies in the double deficit of the US economy, the trade deficit and the fiscal deficit, after the outbreak and deterioration of the subprime mortgage crisis, the US dollar naturally cut interest rates by a large margin, creating conditions for the fundamental reduction of the "double deficit".

This is also after exposing the subprime mortgage crisis, Wall Street wants to reshuffle the cards, the Federal Reserve and Washington want to solve the deficit, just follow the trend, as for the global financial turmoil, hehe, who cares!"

A sentence who cares, so that the hairs on Li Xiaoying's back couldn't help but tie up, and her expression changed slightly and then calmed down, Andy was right, let alone personal, now any country has to deal with this crisis with all its might, she doesn't believe that the economic talents of these countries will not be able to see through the conspiracy of the United States, but it is useless, because all countries, including the United States, know very well that it is the international currency status of the US dollar, which gives the United States unearned privileges and beggar-thy-neighbor means.

"Aren't they worried that the status and credibility of the dollar in the international community will be challenged and threatened?" Li Xiaoying's question, which seems naΓ―ve, is actually a question from many people.

"Fight a war! start another war and shock the whole world!" Alvitatre, who was holding a purple handkerchief and gently wiping his glasses, spoke in a clear voice and said a very natural explanation in an indifferent tone.

Andy shrugged his shoulders from Li Xiaoying, who was a little stunned, put down Erlang's legs, got up from the sofa, looked at Li Xiaoying with some condescending and smiled: "We can't control the war, but this feast, how much we can eat depends on our ability!"

"So it makes sense, the current one-sided dollar crisis theory, inducing foreign investors to excessively reduce their holdings of the dollar, may be what the United States is happy to see, almost equivalent to a chip washing opportunity. This is in the interests of the United States in order to realize the US plan to eliminate the fiscal deficit and restore the surplus, as well as to greatly reduce the trade deficit, create the necessary financial market conditions, and work hard to stabilize the US dollar. After Li Xiaoyingdai's eyebrows furrowed slightly, she slowly stretched out, looked at Andy's lightly smiling expression, and said her judgment.

"Hehe, Al, what do I say, Emily is also a caring person!"

The little assistant Torrey Black hurriedly came over with a straight dark blue coat, helped Andy put it on, sorted out the collar, tugged at the hem of the clothes, and after confirming that there were no wrinkles, Andy turned back to Al and Li Xiaoying and said: "Let's go, the opening ceremony is time, let's go and listen to how those bigwigs solve the economic crisis!"

As a ski resort, Davos has been a vast expanse this year, and at last year's annual meeting in Davos, there was almost no snow here, raising concerns about global warming.

The performance of the global stock market since the beginning of this year suggests that the subprime mortgage crisis in the United States is expanding, and the global economy is at risk of slowing down or even falling into recession.

The conference officially kicked off at 12 noon, Andy looked indifferently at the seven co-chairmen of the annual meeting on the rostrum, and listened to EF chief Klaus Schwab elaborate on the main topics of the conference.

Issues such as global warming and poverty eradication will continue to be the theme of the Davos Annual Meeting, but global financial markets and the future role of the United States in them are on the agenda of the Davos Annual Meeting.

To be honest, Andy didn't think there were any specific problems that could be solved at the Davos forum, and perhaps none of the thousands of people present thought that they could solve anything.

The annual meeting in Davos is indeed intriguing. Why do many heads of government and business owners attend the conference almost every year?

In Andy's view, this is mainly because "they identify themselves as part of this group". However, for these politicians and entrepreneurs who have a lot of opportunities, they will not return empty-handed when they come to participate in the conference, not only to show their image, but also to make friends and absorb some advanced ideas.

Although it cannot be expected that this gathering of Jingying from all walks of life will solve all the thorny problems, the process of interaction between "this group" itself is also a kind of promotion for specific world issues and specific fields.

To put it bluntly, it doesn't matter if it's useful or not, it's good to go to the world, and chat, eat, brag with people of similar status and value, maybe you can get some inspiration or new ideas, and maybe even give birth to a new business model, or even create a new industry...

Andy was a little bored to listen to, but Li Xiaoying next to her did not think that the role of the Davos Forum was so unbearable, in her opinion, the biggest role of the Davos Summit is to bring together people who need to communicate but do not usually meet, and discuss problems together in the process of continuous debates, seminars, dinners and relations, which can promote the search for ways to solve the biggest challenges facing the world.

However, what Andy and Li Xiaoying didn't expect was that for the already small number of female xing participants, she was still a beautiful Chinese woman, and more importantly, she was sitting with Andy Smith, a young rich man who was in the limelight, and Li Xiaoying, who had intimate conversations from time to time, attracted a lot of multimedia attention.