Chapter 377: The Omen of the Financial Crisis
Since February 07, there has been a credit crisis in the United States.
In August, most of the world's stock indexes fell, and metal crude oil futures and spot gold prices plunged when France's largest bank Paribas announced its involvement in U.S. subordinated bonds.
The U.S. subprime crisis spread, and the European Central Bank intervened.
Central banks around the world injected more than $326.2 billion in 48 hours to bail out the market, and the Federal Reserve injected $38 billion into banks three times a day to stabilize the stock market. The three major central banks of the United States, Europe and Japan injected more than $72 billion into the market for the second time.
What is the concept of 300 billion US dollars, which is converted into more than 20 trillion yuan!
Dozens of companies, including Walmart and Home Depot, reported huge losses due to the subprime debt crisis, and U.S. stocks quickly tumbled to multi-month lows. The nation's largest commercial mortgage company has plummeted and is facing bankruptcy.
The U.S. subprime crisis worsened, and Asia-Pacific stock markets suffered their worst decline since 911.
So far, the global financial crisis has gradually become prominent, and people of insight have begun to pay attention to the financial problems of Europe and the United States. Perhaps the United States is too impressed by its strength, and a considerable number of people do not think so, knowing these problems.
Hang Yu does not know much about the financial crisis, but only knows that the United States, for some reason, has relaxed the control of its own financial system a few years ago, and some American bankers and capitalists have begun to play nonsense.
It is nothing more than making a lot of money through speculation, and anyone who knows a little bit about finance knows that there is a little bit of banking and capital. It's okay with regular speculation, the problem is that they have gone too far and created problems with the mortgage system in the United States.
The mortgage economy in the United States is very large, and the financial thing is very empty, and a link problem quickly spread to the entire financial world, and some super enterprises with tens of billions of dollars have gone bankrupt.
Not only is the financial system virtual, but the entire industry of the United States is relatively virtual, and it almost relies on heavy industry and military industry, world hegemony, and uses various means to make money around the world.
All kinds of hypocrisy, it is naturally difficult to stop this kind of crisis.
As the time approached, Hang Yu began to consider: "What will be the impact of the financial crisis on Jiangyan, and how to deal with these impacts and find opportunities to further develop itself." ”
First of all, it is certain that the daigou business will definitely be greatly affected.
On the one hand, this impact is good, because the foreign economy is collapsing, and the major brands will inevitably need to export more goods, and the prices should be cheaper. No, not as it should, but it will be much, much, much cheaper!
On the other hand, it is bad, because the country also has to deal with the financial crisis, which is bound to stimulate the internal people to consume some of the goods that were originally used for export.
As I said just now, the economies of countries such as Europe and the United States, including Japan and South Korea, which have close ties with the United States, have collapsed, and their countries' spending power has naturally been greatly reduced.
At present, China is an export-oriented economic country, and once foreign consumption capacity is reduced, it will inevitably lead to domestic overcapacity, and a number of manufacturers with small competitiveness will go out of business.
But our government is different from the European and American governments, which will watch private enterprises go bankrupt, and our government belongs to the social capitalist countries.
At such a critical time, the Chinese government will not talk about the free market of capital, and will act when it is time to act. According to history, the Chinese government will introduce various temporary policies to encourage household appliances to go to the countryside and encourage ordinary people to consume.
Of course, in fact, Europe and the United States and other countries have also made rescue acts, but it is a pity that their ability in this regard is not strong enough, or it is not a socialist system from the beginning, and they cannot do it as easily as China.
Because of our large population and strong domestic consumption power, China has survived the financial crisis, and when other countries are unlucky, China has gone further.
The government's encouragement of the common people to consume domestic goods is very likely to deal a blow to daigou! In the original history, daigou was not integrated early and developed so strongly.
And Hangyu has changed history, and China Baby, a purchasing website, has long entered the government's vision. Hang Yu is more worried that the government will introduce a temporary policy to restrict purchasing agents in order to stabilize domestic enterprises.
It should have no impact on Weibo and cross-server, because Hang Yu is not listed, as long as the domestic economy is stable and the government does not introduce special restrictive policies, he does not have to worry.
It definitely has an impact on fund companies, because what cornucopia does is financial investment.
Just when Hang Yu was thinking about how to avoid investment risks, Tang Ju, the director of the stock trading team, came to him with something.
Tang Ju's face was not very good-looking, and he said to Hang Yu quite ashamedly: "Chairman, there is something wrong with our investment. ”
Hang Yu raised his eyebrows and said seriously: "What is the problem, make it clear." ”
Tang Ju explained: "That's right, we bought the stocks of some large companies in Japan, South Korea, Europe and the United States, and recently there seems to be something wrong with them, and many stocks are showing a rapid downward trend. ”
Hang Yu was quite nervous and said, "How much did you buy?"
Tang Ju replied: "I bought more than nine million, although we sold it in time, we still lost more than five million." The trading team led by him has been spun off and has become the personal trader of Hang Yu and the management.
Today, Hang Yu and the management have raised funds to speculate in stocks, and the account funds have reached more than 23 million.
Because the funds belonged to Hang Yu and the management, Tang Ju was afraid that they would get angry after losing money. Even if Hang Yu doesn't care about the money, the management attaches great importance to it and often consults with Tang Ju about the stock speculation.
"There must be a reason why the stocks of many companies in Japan, South Korea, Europe and the United States fell at the same time, have you studied it? Hang Yu asked.
"I have studied that the United States has serious financial problems because of credit problems, which have affected many countries. However, we did not expect that the United States would not be able to solve this problem, and it seems that the problem is getting worse. Tang Ju said.
"The United States is not omnipotent, and since the problem is getting worse, then don't buy their stocks. Focus on the domestic market and wait for the stock markets in Europe and the United States to stabilize. Hang Yu said.
"The decline in stocks may be an opportunity, if we buy a lot now, and wait for the financial stability of Europe and the United States and other countries, we can immediately earn ten times or even dozens of times the profit. Tang Ju didn't immediately carry out the order, but his eyes were shining.
It turned out that the reason why he was looking for Hang Yu was not only to report operational errors, but more importantly, to hope that Hang Yu would support him and make a big deal in this stock market turmoil.
Tang Ju could not have imagined that the credit problem in the United States would cause global turmoil, and in his consciousness, the European and American economies were so strong that it seemed a matter of course to tide over the difficulties.