Chapter 1137: The American Bubble

Jin Muchen usually likes to pay attention to some financial knowledge when he is fine, after all, sometimes he feels that these things can be used in the future, and they are also closely related to the industry he is focusing on now. Pen ~ fun ~ pavilion www.biquge.info

Therefore, he can be said to have his own views on the current economic situation in the United States.

The current economic situation in the United States, if you just look at the reports and various data, it can be said that it is absolutely good, but is this really the case?

He doesn't think so, in fact, he thinks that the economic situation in the United States is simply worse than that, and even not much better than in 2008.

On the surface, the number of unemployed people in the United States has been declining year after year, but what is the real situation? What kind of jobs did those who found jobs?

According to Jin Muchen's personal experience, those who have found jobs in recent years, in fact, the jobs they have found are nothing more than the kind of jobs with a basic salary, and even some can't even get a basic salary.

So why is the number of unemployed in the United States declining year after year? In fact, when the U.S. Bureau of Statistics counts employment data, it will exclude those who have been in a state of long-term unemployment since 2008, and have given up looking for a job, and simply concentrated on staying at home to eat relief. So in fact, the employment data compiled by the U.S. Bureau of Statistics is simply an illusion.

In this way, it is really as black as a crow in the world, and it is not the specialty of our Chinese Bureau of Statistics to do things with statistics, in fact, the data of Americans is the same.

And if you have to find evidence, then it can be seen from the fact that the Federal Reserve has been shouting every day to raise interest rates in the past few years.

If the real economic level of the United States was really as good as the data they release every year, then the Fed could have raised interest rates a long time ago, but until now, since three years ago, the Fed has been raising interest rates almost every quarter, but so far, they have only raised interest rates once at the end of last year.

After entering the new year, the auspicious and important economic indicators of the United States have continued to decline, and even the unemployment statistics have continued to increase, which has shown that the American economy is not as healthy as they appear on the surface.

Even as a tight-fitting person, Jin Muchen knows that the current economic situation in the United States is actually pregnant with the next crisis, and this crisis, which can be said to be no less than the one in 2008, almost destroyed the financial crisis of the world.

And once this financial crisis breaks out, then it will definitely completely destroy the hegemony of the dollar in the world economic circle, and after this time, it is a good time for China to take power.

And the root cause of this crisis, in fact, is the problem of the current political system in the United States.

In the United States now, many people know that it is actually the politics of the Golden Dollar, and it is these predators on Wall Street who are manipulating the politicians in Washington.

If you carefully study the current economic situation of American families, you will find that this is not a so-called middle-class country at all, and the current family situation in the United States is actually a triangular relationship.

The toiling masses at the bottom, then a small middle class, and then a tiny minority of the extended families at the top of the pyramid, constitute the strata of American society, which is not at all compatible with the olive-shaped society they depict.

After the 2008 financial crisis, the United States has not been able to change their current system, after ****** came to power, and even fulfilled his campaign promise to change the health insurance situation of the American people, in the end they were vetoed by the predators on Wall Street, and finally even to the point of government shutdown, which shows the power of these predators.

The Federal Reserve has launched monetary easing policies for several years, and these extra printed money have not actually benefited the general public, and most of this money has been made by those financial tycoons on Wall Street.

And when these people make money, they have to find new investment projects to make the money flow, and as a result, in recent years, countless unicorns of all kinds have been born in the United States.

The so-called unicorn companies are actually those technology companies with innovative concepts, and this kind of technology companies are not only computer software companies, but also many companies that have innovative concepts and have the possibility of realizing them in the near future are those venture capital, or private equity, or the main targets of various investment banks.

At present, the hottest unicorn company is Uber in the United States and Didi in China.

The general meaning of this kind of company is, for example, if you are a venture capitalist, and you are very optimistic about this innovative concept, then you can approach the person in charge of this company and then invest money in it.

If you are the first person to approach the company, then you can value the company, for example, for the first financing, you value the company at 100 million, and you invest 10 million, so that you become the majority shareholder who controls 10% of the company's shares.

And after that, you will use all kinds of resources to package and hype this company, plus the innovative concept of this company, which will gradually be accepted by the general public, and then many other institutional investors are also optimistic about this company and intend to invest in this company.

At this time, the so-called B round of financing can be carried out, and once it reaches this point, the valuation of the company is no longer the original 100 million, and the valuation will often be overestimated to 1 billion, which is ten times, which is considered low.

As a simple example, at this time, the second venture capital company came in and invested 10 million in the company, but at this time, his 10 million yuan can only account for one percent of the company's shares, and you, as the first investor to invest in this company, have increased your asset size tenfold to 100 million.

Then it will continue to speculate, and then carry out the C round of financing, anyway, it will be financed round by round, and the money from the financing is for the company to burn money, and they will not be listed anyway.

There is no need to worry about the supervision of the China Banking Regulatory Commission, and there is no need to worry about profitability, what they have to do is to defeat those companies of the same type in the market as much as possible and occupy the market share as much as possible...

When they finally dominate the market, it is time to declare victory, and no matter how they play, they will not lose money, because they have become the only player in this circle, that is, the maker of the rules of the game, and then everyone can make money.

Even after achieving profitability, such a company can quickly take it to the capital market to cash out and go public.

And such a company, known as a unicorn company, is also the most sought after company in the capital market at present, and now this type of company is the best, the hottest, and the most representative are Uber and Didi.

In fact, if you really study it carefully, you will find that few of these so-called unicorn companies make money, most of them burn money, and such companies are now the hottest companies in the US capital market.

After all, since the economic crisis in 2008, the real estate collapse in the United States, and other industries, those large high-tech companies with heads and faces, and strength, have long been swallowed by those big conglomerates.

Other floating capital can only find such promising companies to invest money, cultivate, or gamble, and now there are more than 600 billion financial products in the United States, all of which are issued around these unicorn companies.

And in this, the current bubble is very serious, but it is such unicorn companies that are supporting the current prosperity of the American economy.

Once the day comes, if such a unicorn investment bubble is punctured, then it will definitely be another catastrophe.

After all, not every unicorn company can achieve the same success as Uber or Didi in the end, and the world's high-quality assets are always limited, and not every capital operator can grab that kind of fat.

And now the United States, in fact, is on the edge of the cliff, which can be seen from the New Year, the United States' non-agricultural employment data, and the Federal Reserve continued to shout interest rate hikes, but in the end there was no actual action, you can see the Americans' foreign strength in the middle.

However, although Jin Muchen is not very optimistic about the current economic situation in the United States, he is very optimistic, and now the ADATA Research Institute in front of him, this research institute, he feels that it is very worthy of cultivating the potential of a unicorn company.

After all, his stake in this company is very small, and he certainly hopes that this company can get better and better.

"Our 3D printed femoral head replacement has now begun to enter the market, and it has been promoted in several hospitals in California and Washington on the West Coast, and so far, more than 100 cases of surgery using our replacement have been performed, and the results are good according to patients after the operation." (To be continued.) )