Chapter 536: The Basis of Cooperation
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The late fifties and throughout the sixties were the "golden age" of economic development in the United States - sustained and steady economic growth, and inflation and unemployment were reduced to very low levels. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
By the 80s, the US stock market had experienced a 50-year bull market, with the market value of equities rising from $2,472 billion in 1980 to $5,995 billion in 1986.
Since 1982, the stock price trend has continued to rise, and the trading volume has also increased rapidly.
This year, the daily trading volume has reached 18.06 million shares.
The stock market is extraordinarily prosperous, and its rate of development far exceeds the rate of growth of the real economy, and the rate of development of financial transactions greatly exceeds the speed of world trade - because of the high profitability of the stock market, a large amount of estimated capital and private capital flows into the stock market, which is engaged in speculative transactions on the stock market in pursuit of short-term profits, resulting in a false boom in the stock market.
This 50-year-long stock market boom has also left many shadows.
From 1973 to 1975, the dollar-centered Bretton Woods system collapsed, and the United States erupted in the worst economic crisis since World War II, resulting in higher inflation and high unemployment.
In addition, the arms race between the United States and the Soviet Union has greatly weakened the economic strength of the United States, causing the international and even domestic market share to continue to decline, and the foreign trade deficit and budget deficit to continue to rise.
With the deregulation of the financial market by the U.S. government and the stimulus of tax cuts on stock investment, huge amounts of international travel capital have poured into the U.S. stock market, which has contributed to the continuous rise in stock prices.
In recent months, the Japanese alone have invested tens of billions of dollars in new investments in American stocks, and stock prices have nearly collapsed.
All of this means that the US stock market may be going through a major correction.
Many brokerage scholars can analyze the above, and some scholars are even greatly mourning the US stock market, believing that if the US government does not take action to regulate and control, the US stock market is likely to have huge shocks.
However,
What is slapping and mourning for the faces of US stock market scholars is that stock prices in the US stock market are still soaring -- especially after the inflow of capital led by Japan into the US stock market, the US stock market is running all the way up like a wild horse on the loose!
In August, the U.S. stock market has exploded twice, and the stock price of some stocks has even doubled in just a few days!
Such a "big bull" has made more and more ordinary shareholders enter the stock market, and those who have already entered the stock market are crazy to make additional investments, as if everyone is ready to take advantage of this "big bull" to make a lot of money!
It is precisely because of this that even some discerning people do not dare to gamble when they see that the US stock market may fall sharply - because, under this crazy rally, buying a decline is simply like looking for death, and if you use leverage, you may go to hell every minute!
It is precisely under the current circumstances that George W. Bush, Bill Francis Adams, John F. Kennedy Jr., Howard Roosevelt, and John Reed, chairman of the board of directors of Citibank, brought the core personnel of the Texas consortium, the Boston consortium, the Chicago consortium, the California consortium, and the First Citibank consortium of the top ten consortia in the United States to Shek O Manor to discuss with Xu Cun about making money in this stock market crash.
After World War II, the strength of the original consortium in the United States changed, so that the new consortium rose, forming a pattern in which ten major consortiums, including the Rockefeller consortium, the Morgan consortium, the First Citibank consortium, the DuPont consortium, the Boston consortium, the Mellon consortium, the Cleveland consortium, the Chicago consortium, the California consortium, and the Texas consortium, ruled the United States.
It can be said that every American political group has the support of a consortium behind it, and the consortium that supports the four major American families is the Kesas consortium, the Boston consortium, the Chicago consortium, and the California consortium, and of course, it can also be said that the four major American families are part of these four major consortiums.
Needless to say, the first Citibank consortium is the consortium behind Citibank.
Although the First Citibank consortium is not the main supporter of the four major American families, its influence in the United States is even higher than that of the Quesus consortium, the Boston consortium, the Chicago consortium, and the California consortium -- the First Citibank consortium is a large eastern consortium that emerged after the war. Although the history is short, the total assets under its control have surpassed several old consortia and jumped to the forefront of the top ten consortia. With the First Citibank as the core, the consortium relied on its huge funds to expand its influence in the arms industry (such as rockets, missiles, and aircraft) and civilian industries (such as electronics, chemicals, petroleum, and nonferrous metallurgy), and controlled a large number of well-known large enterprises and large companies.
With these five major American consortia robbing in the United States with Xu Cun, Xu Cun has a good idea of robbing the United States.
First of all, from the second half of the 50s to the first half of the 70s, due to the progress of science and technology, the US economy developed rapidly, and the industrial structure also underwent profound changes. Large enterprises have implemented a variety of operations across industries, production and capital have been further concentrated, accelerating the development of mixed conglomerates, and the major consortia have penetrated each other, and the relationship between them is complicated. Xu Cun and the top ten American conglomerates that rule the United States together to rob the United States, can it still be safe?
Second, all of Xu's funds in the United States do not go to his own Tyrant Bank and Standard Chartered Bank, but to go to the banks controlled by the five major American consortia. Therefore, even if there is a real problem afterwards, Xu Cun, who will not personally participate in the specific operation from beginning to end, can also push 625.
Are the five American consortia willing to let Xu's money go to their banks?
Nonsense, of course the five major American consortia are willing-Xu Cun is not as convincing as Xu Cun who has invested a lot of real money under their noses!
Negotiations between Xu Cun and the five major U.S. consortia went very smoothly and agreed on two bases for cooperation.
First, Xu Cunhui has recently remitted $1 billion to each of the banks controlled by the five major US consortia through different channels.
Second, Xu Cun does not personally participate in the specific operation, but is only responsible for remote command, and the funds in the banks controlled by the five major American consortia are operated by the team appointed by Xu Cun, and the five major U.S. consortia can each send two people to watch (monitor) the operation of the team assigned by Xu Cun, and as for whether the five major U.S. consortia are involved in it, the five major U.S. consortia themselves make their own decisions.
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(To be continued.) )