Chapter 402: How to End (Part I)
The two most significant financial crises in world history have occurred on Wall Street. No ads on mobile phones m. The most data-saving.
The Great Depression of 1929 caused most of Wall Street's banks to collapse and thousands of people to bankrupt their homes. The subprime mortgage crisis of 2008 implicated the whole of Europe and eventually spread to the whole world, and the world economy was hit hard, and the US government was unable to do anything about it. This shows the tremendous destructive power of capital markets. Why capital markets are so destructive is something that no one can foresee.
With so many financial experts around the world, can't it be prevented?
No, the capital market is delicate, and in this market, it is full of insider trading and false news. Big conglomerates control capital, play with numbers, speculative institutions deliberately disrupt the market, and the rules of the game are controlled by them, but the course and outcome of the game will not develop step by step.
Why did Lehman Brothers, an investment bank with a history of more than 150 years, go bankrupt? Why did Iceland's financial crisis deteriorate to the point of national collapse?
The economy is a very complex self-regulating, self-healing system, and millions of people have different effects on it. Changes in national policies, changes in interest rates, interference and lack of regulation, and people's trust and panic will all interact with each other and have a chain reaction. When its self-regulating repair function is severely damaged, the crisis comes, and the capital market is like a dangerous battlefield, full of traps and fraud.
However, the main contribution to social development and economic prosperity comes from the capital market. From Wall Street's funding of the Suez Canal, to the Morgan family's funding of Edison's laboratory to improve light cannons, to the development of Hollywood's filmmaking and the creation of Silicon Valley. Wall Street's contribution to the world's economy and civilization over the centuries far outweighs its destructive power.
When the Occupy Wall Street movement reached its climax, Li Jiaming, who was mired in the quagmire of war, was on the podium and lectured to the students who were about to move.
"Professor, are you against us participating?"
"No, I'm just following the lesson plan and explaining finance to you. As long as you can pass the exam and get the credits you deserve, what you want to do or what you want to do has nothing to do with me, and I don't care. ”
Li Jiaming, who had already finished class, closed the handout folder, didn't bother to pay attention to these students who already knew what it was like to be worried, and left the classroom with grace. The sudden outbreak of the Occupy Wall Street movement was indeed an opportunity to put pressure on the government, but Lee rejected Shirley's suggestion and refused to fund the protesters.
Even if Hanhua intervenes in this campaign through agents, sooner or later it will be found out by the FBI, which will then attract more targeted actions from the government. The president may be re-elected with such a low popular approval rating, but the White House he represents has launched an investigation into Han Hua, and Han Hua is unlikely to side with them.
Therefore, Shirley, a hardcore Democratic supporter, refused to donate money for the congressman and Mr. President, and Kyle did not raise money for the Republican Party as in previous years, and even took the lead and hinted that Hanhua's executives and partners raised donations for those congressman's opponents. Taking people's money and eliminating disasters with people, Hanhua has spent a lot on those state legislators in the past ten years, but it can't prevent disasters for Hanhua at critical moments, so what do you want those politicians to do?
Hanhua company is strong, and the situation is relatively special. Unlike Yahoo, the company implements a futures stock system, creating a large number of tens of millions and millionaires, and at the same time, it also binds many key employees with the company. Thousands of millionaires and millionaires have slipped through their fingers, plus tens of thousands of American engineers and their families, enough to send several candidates to the House of Representatives.
Even, in the eye of the general election, even the re-election team of the White House secretly flattered Hanhua. The last time the campaigned, Shirley and the others donated tens of millions of dollars, and this time they don't ask them to donate, at least not to his opponents, right?
It is inconvenient for Li Jiaming, who holds a Chinese passport, to participate in these power-for-money transactions, but Kyle can do it with great fanfare. They certainly won't be able to influence the outcome of the election, but it's more than enough to cause chaos for that, and even cause him a lot of trouble in the House of Representatives.
Between personal, partisan and national interests, Kyle did not look down on the president, and the Justice Department finally concluded its nearly six-month-long investigation into the iPhone series products, declaring that the iPhone did not pose a threat to national security.
As soon as the results of the survey were announced, the stock price of GCA rose again, finally recovering the 400 billion mark, but the shares of Yahoo and Apple both fell. Although many people on Wall Street are demonstrating, investment institutions are not stupid, the iPhone and the 'excellent' system mobile phone occupy 80% of the global market, and the Aphone and IOS alliances, which are absolutely weak, can compete with the iPhone?
Even if it is true that the IOS operating system is more advantageous than 'excellent', the user's experience and recognition, and product sales are the key to the real victory!" As long as you can pass the exam and get the credits you deserve, what you want to do or what you want to do has nothing to do with me, and I don't care. ”
Li Jiaming, who had already finished class, closed the handout folder, didn't bother to pay attention to these students who already knew what it was like to be worried, and left the classroom with grace. The sudden outbreak of the Occupy Wall Street movement was indeed an opportunity to put pressure on the government, but Lee rejected Shirley's suggestion and refused to fund the protesters.
Even if Hanhua intervenes in this campaign through agents, sooner or later it will be found out by the FBI, which will then attract more targeted actions from the government. The president may be re-elected with such a low popular approval rating, but the White House he represents has launched an investigation into Han Hua, and Han Hua is unlikely to side with them.
Therefore, Shirley, a hardcore Democratic supporter, refused to donate money for the congressman and Mr. President, and Kyle did not raise money for the Republican Party as in previous years, and even took the lead and hinted that Hanhua's executives and partners raised donations for those congressman's opponents. Taking people's money and eliminating disasters with people, Hanhua has spent a lot on those state legislators in the past ten years, but it can't prevent disasters for Hanhua at critical moments, so what do you want those politicians to do?
Hanhua company is strong, and the situation is relatively special. Unlike Yahoo, the company implements a futures stock system, creating a large number of tens of millions and millionaires, and at the same time, it also binds many key employees with the company. Thousands of millionaires and millionaires have slipped through their fingers, plus tens of thousands of American engineers and their families, enough to send several candidates to the House of Representatives.
Even, in the eye of the general election, even the re-election team of the White House secretly flattered Hanhua. The last time the campaigned, Shirley and the others donated tens of millions of dollars, and this time they don't ask them to donate, at least not to his opponents, right?
It is inconvenient for Li Jiaming, who holds a Chinese passport, to participate in these power-for-money transactions, but Kyle can do it with great fanfare. They certainly won't be able to influence the outcome of the election, but it's more than enough to cause chaos for that, and even cause him a lot of trouble in the House of Representatives.
Between personal, partisan and national interests, Kyle did not look down on the president, and the Justice Department finally concluded its nearly six-month-long investigation into the iPhone series products, declaring that the iPhone did not pose a threat to national security.
As soon as the results of the survey were announced, the stock price of GCA rose again, finally recovering the 400 billion mark, but the shares of Yahoo and Apple both fell. Although many people on Wall Street are demonstrating, investment institutions are not stupid, the iPhone and the 'excellent' system mobile phone occupy 80% of the global market, and the Aphone and IOS alliances, which are absolutely weak, can compete with the iPhone?
Even if it is true that as those professionals say, the IOS operating system has more advantages than 'excellent', the user's experience and recognition, and product sales are the key to the real victory!