Chapter 646: Global Financial Crisis

"Well, sell all the real estate and stocks we have invested in the United States."

Chen Jia has been planning this strategy for several years. Whether it's a subprime mortgage or a stock, Chen Jiayi has invested in it. And, like the subprime mortgage, the Tang Dynasty Company also ignited the American real estate speculation family at the beginning. Even, at that time, the Tang Dynasty investment company had become the savior of many poor people.

"Okay."

I had been waiting for this day for a long time, and after hanging up the phone, He Chong was a little excited. He said to the traders and staff of the entire investment company, "Brothers, this time, we will definitely go down in history and act." ”

Yes, to provoke a financial crisis in the entire United States, or even the whole world, with the power of one company, and to look at the whole world, only the Tang Dynasty Quantum Fund has this ability. Moreover, such a thing will definitely be remembered by history. Just like the Southeast Asian financial crisis, he made a peerless genius Soros when he was devastated in many countries.

Subsequently, He Chong followed Chen Jiayi's instructions and began to sell continuously in major financial markets in the United States.

Stocks, Corporate Bonds, USD, Real Estate ......

In the beginning, there was a surging sell-off. A lot of investment institutions, they are very happy.

"I'm so happy that someone finally threw their chips out."

You know, the stock market, the bond market. If no one sells, then, for some big money, they can't enter the market if they want to. Nowadays, the stock market is hitting new highs every day, and many investment companies, including many retail investors, want to buy stocks like crazy. It's just that at this time, it seems that many people, they are not willing to make too many deals. They just want to hold one stake, one stake, and become a super-rich.

Now, in the face of a surging sell-off, they are all buying in large sums.

"Hehe, buy it, buy it."

I have to say that U.S. stocks are like the sea, no matter how huge the amount of money is, he can absorb it.

Therefore, at the beginning, the rolling selling of the Tang Dynasty company did not attract too many people's attention. On the contrary, seeing these sell-offs, they also think that this is because some institutions have made about the same amount of money and want to leave the market. However, they believe that the U.S. stock market and even the world are in a period of economic surge, how can interest rates stop so quickly.

Just like the crazy rise and fall before, it is completely a pit daddy's washing. At that time, it is not known how much money poured in. It can be seen from this that the determination of U.S. stocks to rise is not small. Because, he broke through a resistance and frantically unfolded his momentum. Until now, his offensive has not retreated and is still continuing.

So, they invested in the stock market again and again. As for the ordinary investors. They wouldn't have analyzed it, let alone the stock is still rising. They will throw, then there will be ghosts.

It's just the stock market.

On the other hand, there is also the property market.

Tang Dynasty Quantum Fund, as early as a few years ago, opened a super large subprime mortgage company in the United States. First, the subprime mortgage company was handed over to the two houses, and after that, the Tang Dynasty Quantum Fund was transferred to the speculation. It can be said that housing prices in the United States are so high, and the energy of the Tang Dynasty Quantum Fund cannot be underestimated.

Now, in Chen Jiayi's strategy, the Tang Dynasty Quantum Fund has begun to shine.

"Hey, dude, there's a new listing for sale recently, are you interested?"

A property market economist said to a speculator.

"What, there's a new listing, why didn't you say it earlier?"

In fact, this speculator couldn't even afford a house back then. However, since the intervention of the Tang Dynasty Quantum Fund, they have sufficient funds. So, slowly started from one house, then to two, three, until now, this original poor boy has been able to operate ten houses at a time.

"Haha, didn't I tell you now, the news just came out today. If I hadn't had a good relationship with you, I would have passed it on to someone else. Hey, it's still there, do you want it? ”

"Of course, there are a few sets, and I bought them all."

Nowadays, I don't know how hot the property market is, and often the latest listings are the objects of special attention from speculators. Even if there is no latest listing, like some second-hand, or even third-handed, fourth-handed, there are many people watching. And, under the rising property prices. A dilapidated room, due to the good location and the like, can also be hyped into a sky-high price. ,

It's just one place in New York State, and the same thing is happening in countless places in the United States.

Of course, it is impossible for the Tang Dynasty Company to sell it all at once. On the one hand, with so many stocks, so many bonds, and so many houses, it is impossible for him to throw them away at once. Even if you throw it all, no one else will be able to catch it. However, the Tang Dynasty Quantum Fund is not worried. They just keep throwing it every day, that's it.

Although, this one did put a lot of pressure on the market. However, in the face of a frantic crowd. How do they care, almost as much as the Tang Dynasty Quantum Fund throws away, they will take as much as they want.

1 day passed.

Tang Dynasty sold $9.8 billion and bought $1 billion.

There are also skills in throwing, you can't just throw, you have to buy a little when you throw. Otherwise, such a big job is thrown, everyone knows that the Tang Dynasty Quantum Fund is flashing. However, in the whole sell-off, it has always been to sell more and buy less, buy less and sell more.

Two days passed.

Tang Dynasty Company threw out about 10 billion again and bought 900 million.

Three days passed.

Tang Dynasty Company threw out $50 billion in one go and bought $5 billion.

Four days passed......

It wasn't until half a month later, when Tang Dynasty Company threw out hundreds of billions of dollars, that the market began to fluctuate.

"Something is wrong."

There are some investors who are starting to feel that something is wrong. Because, they found that in the last half month, it has been moving sideways. Up and down, on the whole, it just doesn't go up or down. You know, in a sideways position at a high level, that's quite a dangerous thing. At the same time, at high levels, the trading volume can also increase day by day. However, in such a situation, the stock price and property price remain unchanged.

It's a pity that he didn't last long. When others were temporarily confused, there were waves of crazy funds that broke through the sideways this time and continued to explode upward.

"Force, rush, rush......"

What force is more attractive than making money, and in the face of thousands of funds, many investors, including some institutions, are once again investing in it. Especially in the property market, those friends who take out loans to buy houses, they can't let the house prices fall. If it falls, then their funds will be completely passive. At that time, not only will you not be able to speculate in real estate, but you will not even be able to repay the bank loan.

"He Chong, how much money have you sold in the past half month?"

"More than $900 billion, almost half sold."

"Okay, then, the second half, no longer hide the movement, smash me hard."

I sold them one by one before, completely for the safety of my own funds. Well, there is still half of the money, which is to bombard the entire American market fiercely. Let the entire market completely fall into danger, confusion, and deep quagmire. Let all investors keep up with the sell-off and start a subprime mortgage crisis.

History will remember this moment.

When the sky is full of stocks, real estates, bonds...... When it was all thrown, all the investors in the United States, they finally knew, "God, ...... changed"

"Sell, sell, sell."

Sometimes, it doesn't seem like money is money. Especially for these copyists, when they tap on the keyboard in their hands, they continue to enter hundreds of thousands of hands, millions of hands of stocks. They didn't have the slightest change in their feelings, they just felt that they were playing a somewhat exaggerated money game. Although they know that the one in their hands is real money. It's just that they have long forgotten the chips in their hands when they train often, and they will only watch their own tasks.

"Sell Coca-Cola."

"Sell Microsoft stock."

"Sell Oracle."

"Sell Universal."

"Sell Walyard"

……

Almost one of the top companies in the world, Tang Dynasty Quantum Fund has their own stocks. It's just that they didn't know about it. But at this moment. The stocks hidden in these companies are no longer lurking, and they have completely exploded. All of them were thrown into the entire secondary market.

"Brothers, the stock market is going to crash, sell the stock quickly."

In the face of crazy selling, even investors who have no financial foundation. They also know that the real bookmakers, they have already begun to leave. So, what are they, ordinary investors, waiting for? Now, there's nothing to say, "Keep up and throw." ”,

"Throw."

"Sell stocks."

No one would know that the U.S. stocks, which were originally good, were finally broken under the pressure of a mysterious fund. Although, many investment fund companies said. Now the economy is running well and there are no problems. However, how can ordinary investors care so much. Under the sky-high stock sell-off, they also sold out.

At the same time, the property market, which has been booming, has also suffered from such a crisis.

Housing prices, which had been rising, began to fall under the continuous sell-off of new listings. You know, the fall in house prices is much more serious than the fall in stocks. Because, many people take out a loan to buy a house. Now that this decline is falling, it is extremely bad for them.

Therefore, they can no longer speculate on property prices like crazy. Moreover, at this time, they have to sell the real estate in their hands at a low price. Otherwise, they will not be able to repay the loan. In between, after one began to reduce the price. Another family, and at the same time followed. As such prices continue to fall, more and more people are falling into a loan crisis.

"There is a subprime mortgage crisis in the United States, and the government needs to be more vigilant."

Naturally, such a phenomenon cannot escape many economists in the United States. They believe that although from the current point of view, this is only a relatively short-term economic fluctuation. It stands to reason that it should not rise to such a level as an economic crisis. However, we are also seeing a crisis caused by subprime mortgages, which, if not properly regulated, will inevitably cause a huge financial crisis in the United States. Some scholars have suggested that we should start macroeconomic regulation and control, just like China.

However, the suggestions of these economists have not been supported by the leadership.

The United States is a free society, which is manifested not only in the freedom of individuals, but also in the economy, politics, and the rule of law...... and so on. Although the government is the supreme leader of the country, he is not able to manage everything. Like the economy, it should run according to the market economy. Strong state intervention will only turn into socialism like the former Soviet Union. You know, we are a capitalist society, what kind of socialism is.

Yes, such an opinion is supported by many experts. At the same time, it is also supported by many fund managers on Wall Street. They believe that the government should respect the market and respect the free operation of the economy. In the absence of a major crisis, there should be no need to intervene too much in the economy. Otherwise, it will only lead to an imbalance in economic development.

Naturally, with so much strong intervention, it is impossible for the US government to intervene and carry out macroeconomic regulation and control.

However, the crisis continues, and this is just the beginning.

In the process of property prices, stock markets, bonds, and constantly falling. Finally, there are some small investors who are unable to repay the loans. The most obvious is subprime cooperation. Because they themselves hold these properties, when the house price rises, they are happy every day, and they can make a lot of money. Moreover, the profits from rising house prices far exceed the spread of borrowed loans. So, they can be very free to spend their money.

However, after the fall in housing prices, not only did they not rise to make profits, but they also had to repay bank loans continuously. Eventually, these subprime loan friends, they couldn't stand it anymore. As a result, they began to default, that is, refused to repay the loan. In the beginning, it was just a few and nothing. However, with the widespread decline in house prices. Other financial markets did not improve, but instead fell like a roller coaster. They couldn't find a place to make a quick buck, and finally, thousands of people, etc., also began to default.

Breach of contract, breach of contract.

One default after another, many banks, investment companies, and loan companies, where can they afford it.

Finally, they realized that a crisis over subprime mortgages was about to begin.

However, at this time, they knew that it was completely useless.

Because, even if they knew, at this moment, there was no fǎ obstruction default. At the same time, some investment financial companies have also suffered serious personal losses due to the default of users. In particular, those investment banks that use financial leverage tools have suffered the most serious personal losses in this loan crisis.

At this point, the United States has reached the most serious economic crisis since World War II. ,

At the same time, there are cases about the "subprime mortgage" issued by the United States, and at this time, the word subprime mortgage has entered people's attention. Affected by this, the stock markets and the real estate market began to fall in a large area. At this time, there is no need for the "Tang Dynasty quantum base gold" to dominate, and all of them have been thrown out.

Of course, housing prices such as those in China have also been greatly affected. The price of real estate, which was originally rising, completely lost momentum at this time. Those friends who speculate on the house chase and shout every day, just to get out of the house. However, in the face of the subprime mortgage crisis, who else will mǎi?

"Price reduction, price reduction, price reduction."

Whoever doesn't reduce the price is looking for sǐ. Unfortunately, at this point, the price reduction is useless. Especially for those real estate companies that used to cover the market. They're in a frenzy, you know, they have a lot of listings that don't come out.

"The sǐ, cāo."

This swear word, if it is not scolded by Wanheng Real Estate's Wanheng, who else will there be?

Originally, Wanheng Real Estate was the largest real estate company in China. At the same time, it is also the real estate company with the most listings. I thought that now that the market is so hot, I will definitely have to make a lot of money if I cover him for a few months. In particular, Mu's real estate has 100 billion real estate listings, and Wanheng Real Estate is the one that has taken over the most. However, I didn't expect that due to the impact of the subprime mortgage crisis in the United States, the price of housing in China has not been raised, but now it is a price reduction, and no one is mài.

Why?

Quite simply, under the financial crisis, everyone thinks that this still has to be lowered, and who dares to mǎi. If it doesn't come down to a reasonable price, they don't dare to play sǐ either. However, if it is not mǎi. These real estate developers, then they have to be unlucky. You know, they develop real estate, and it is completely a loan development. This loan is tens of billions, hundreds of billions...... If you have a house, you can repay the loan as soon as possible, and it won't make any difference. However, if you don't get out of the house, the tens of billions or hundreds of billions of loan interest will be enough for them.

It's just that Wan Heng scolds again, what can he do? With the passage of time, the default of "subprime mortgages" in the United States has become more and more serious. Originally, this was still a case of default by some small investors, although there were many of them, but they were not very serious...... It's just terrifying. However, in the back, there are some investment companies and some investment banks, but because they can't stand the mortgage of loans, they also enter the practice of defaulting.

Of course, now should have been the time when the United States should have made the most move. It is a pity that under the intervention of the "chairman of the Federal Reserve", the economy should be operated according to the market, and it should not be subject to the principle of supervision and control of the government. As a result, the subprime mortgage crisis continues. And, it began to spread across the globe.

In many countries or regions, the economy has begun to slow down due to the impact of subprime mortgages. In particular, the most seriously affected by the United States, Europe and the United States. Under the influence of the subprime mortgage crisis in the United States, finally, the global financial crisis occurred. At this time, the global market showed that everyone's purchasing power plummeted. Household products, household products...... And so on, all of them did not go out, a large number of public companies went bankrupt, and the number of unemployed people continued to increase.

Even the Central Government has been affected by this. For example, the stock market and the real estate market were the hardest hit.

However, the center of subprime mortgages is still in the United States.

A suddenness has never been considered before, and even now, even after it comes out, there are no effective prevention and control measures, and the subprime mortgage crisis is becoming more and more intense. Finally, a small bank in the United States could not withstand the pressure and filed for bankruptcy, which was the first commercial bank to file for bankruptcy since World War II.

Although this commercial bank is relatively small, the damage it has generated is more intense than the previous subprime mortgage crisis. This means that he has turned to reality in the previous crisis. In order to appease the masses, the United States has begun to put good information about the beginning of the consciousness, and has asked many economists to come forward. Let them tell everyone, "It's just the bankruptcy of some small investment banks." After all, they are small, incompetent, and have insufficient vision. In a financial crisis, it is normal for them to go bankrupt. For some large corporations, they can't go bankrupt.

This means that don't panic, we can withstand it.

However, as soon as such thoughts appeared, the news that Fannie Mae was in a loss of $70 billion once again led to global panic about the "subprime mortgage crisis". Almost all the world's lenders generally believe that the subprime mortgage crisis has escalated again and evolved into a worldwide financial crisis. At the same time, they also called on all countries around the world to unite and cooperate to fight this once-in-a-century financial disaster.

(To be continued.) [