"Tell me, Mr. Zhong, what is the target this time?"

On the plane, Paulson scratched his head and cheeks all the way, and finally couldn't help the curiosity in his heart, touched Zhong Shi's side and whispered, "Not only Barrick, but also South African Anglo, you should have made arrangements, right?" ”

"I really didn't expect your layout to be so far-reaching. When you went to South Africa with me, you expected it to be today. ”

Without waiting for Zhongshi to answer, Paulson then sighed, "Could it be that if we didn't participate, you would also be involved in attacking the European debt crisis?" ”

"We've already discussed that!"

Zhong Shi waved his hand and replied casually, "In the post-financial crisis era, the consequences will inevitably continue to ferment, and some problems that were originally unknown will inevitably come to the fore, which is the root cause of today's European debt crisis." You should see that Japan has the highest debt ratio in the world, with more than 150% of GDP, but why others are safe and sound, this is the reason. ”

"High indebtedness is not suitable for every country!" Finally, he sighed.

In fact, before the Greek debt crisis erupted, there were two countries in the world with higher debt ratios: the United States and Japan.

The United States owns the world currency, the dollar, so its liabilities are not a problem. Japan, which has a not so strong currency and has the largest debt ratio in the world, has not been besieged by speculative capital, which is very intriguing.

Because of the long-term deflation, the Japanese government did not hesitate to use low interest rates and expansionary fiscal policies for a long time in order to stimulate the economy. As a result of this, the Japanese government's debt has grown dramatically, now approaching 200% of GDP, the largest in the world.

But the problem is that most of this debt is in the hands of the Bank of Japan and the Japanese people. They have a superstitious trust in the government, and although foreign institutions also hold some Japanese government bonds, it is not enough to shake the stable position of Japanese bonds in the market, so even if speculative institutions covet the Japanese market, they can only do nothing.

Most importantly, Japan is the same as the United States. There is also an independent monetary policy, although it can only be used at critical times, but it is undoubtedly a sword of Damocles hanging over the head of bond speculators.

"Japanese ......"

Paulson pondered for a long time when he heard the words, and finally sighed and said regretfully, "There is something strange about this country, and the people are very loyal, despite all the years of deflation. But they still have a lot of faith in the government, which is something that those of us cannot understand. ”

"So you should know where we're going to go next by now?"

Zhong Shi smiled slightly, patted the other party's shoulder, and said meaningfully, "Since Japan can't be shaken, then we only have one other goal!" ”

"Another target?"

Paulson's expression of emotion froze suddenly, and it took him a long time to come back to his senses, and his face gradually became solemn. "You're talking about...... It's ......"

He couldn't believe his conjecture, and stammered to get confirmation from Zhong Shi himself.

"Not bad. It's America! ”

Zhong Shi looked at him with blazing eyes, and said word by word, "If you still want to push gold up now, you can only attack the United States, this is a great opportunity for us to get out of the gold market!" ”

"What? Are you crazy? ”

"It can't be!"

"God, this is terrible. Do you know what you're doing? ”

"This is impossible!"

When Bell Stone said the idea again, the little gang exploded. Gross and even Dario expressed disbelief that only Jim. Chanos remained silent.

"If we turn against the U.S. government, what will happen to us?"

Griffin stood up excitedly. "The SEC, the tax bureau, the FBI, and the district prosecutor's office, these agencies will repeatedly come to harass them, making them restless, and everyone will not do things with peace of mind, for fear that they will be taken away one day." It's definitely going to happen, it's definitely going to happen, and I swear in God's name that it's definitely going to happen. ”

"Yes!"

Ackerman echoed, "This is by no means alarmist, they have a lot of means to deal with us. And what I don't understand is that we're in a honeymoon relationship with the government right now, why do this all of a sudden? ”

"You're not thinking the right thing this time!"

After the two men finished speaking, Dario finally spoke, "Now the US government is our biggest backer, if we really want to tear this layer of relationship, as the two of them said, we are not only facing huge risks, but also facing the fate of being liquidated by Europe and the government." ”

Everyone was gossiping, and only Jim. Chanos remained silent. It's Bill. Gross, who just objected, didn't say anything else, and didn't know what he was thinking.

"So, gentlemen, you're all against this resolution, are you?"

After glancing coldly at everyone, Zhong Shi finally spoke, "But gentlemen, I think you may have misunderstood. This time, I am not planning to break ties with the U.S. government, but to increase the leverage in the current cooperative relationship and make us more weighty. ”

"As for saying that I want to challenge the U.S. government, that's purely looking for death, and I have no plans to sacrifice my head!"

He suddenly smiled, and lost no time in making a joke, which immediately diluted the heavy atmosphere a lot, and many people had smiles on their faces.

"What the hell is that?"

Paulson was speechless in shock when he learned the news on the plane, and only now did he finally ask, "What are we supposed to do to strengthen our own leverage without offending the government?" ”

"Gentlemen, remember what we talked about half a year ago?"

Zhong Shi did not answer immediately, but led to another thing, "We said that in order to get out of the situation where everyone in the hedge fund is shouting, we have to do something. Now the time has come, at least that's what I think. It may not be possible to change the status quo of the entire U.S. hedge fund industry. But we can at least improve our situation. ”

"That's what you said!"

It was only at this time that everyone suddenly realized, and Dario shook his head again and again, "The original foreshadowing has long been buried, but the funny thing is that I didn't understand it at the beginning, and I didn't understand it until now." Your layout is really high! ”

After the end of the offensive against Ireland in December last year. There was a conversation between the crowd when Clock Stone expressed his frustration with the hedge fund industry's frequent backlash, which struck a chord with others. However, at that time, they were only expressing their dissatisfaction according to their own situation, who didn't want Zhong Shi to study a countermeasure today, and the spearhead of this strategy was directly aimed at the U.S. government, which they didn't expect.

As soon as they thought of their own impassionedness, several people's faces turned red, and they were speechless.

"Gentlemen, here's how it works!"

Zhong Shi waved his hand. Stopping the hype, he went on to explain, "We just need to flex our muscles properly and tell the government that we're not puppets to be manipulated so that they can't kick us away like garbage when necessary, and that's enough." ”

"According to the data I have gathered, the recovery of the US economy has slowed significantly in the past two months, and it should experience a trough between June and August. There are many reasons for this. I won't go into them all. This is a very important opportunity, which will lead to a decline in the US dollar. And Europe, because of the uncertain future of the debt of Spain, Italy and other countries, may strengthen against the dollar in the short term, but it will definitely not be too strong, because the European economy is also sluggish, and even the possibility of their implementation of QE in the future is not ruled out. ”

"In this case, the best safe haven for global capital is nowhere else. Only in the commodity market. Of course, it can't be commodities such as copper and iron, which are affected by supply and demand, but gold, silver, and other metals that store value, which is why I laid out the gold market early. ”

"Plus, we have a big chance!"

Bill. Gross finally spoke, drawing everyone's attention as soon as he spoke. After seeing Zhong Shi nod slightly. He went on to say, "I believe everyone has ignored that the United States also has a debt crisis!" ”

"What?"

"You're kidding, right?"

"How did we not know that the United States had a debt crisis?"

As soon as these words came out, everyone suddenly made another noise. For no other reason, this statement is simply too appalling.

All along, everyone's eyes have been on Europe across the ocean, but now it has been replaced by Bill. Gross pointed out that there was a fire in his backyard, which made everyone unacceptable for a while.

"It's not a joke, it's a fact!"

Bill. Gross's face sank and he said unhappily, "The issue of the U.S. debt ceiling has been unresolved, and this is where our biggest problem lies. ”

When it came to the issue of the debt ceiling, everyone suddenly realized and fell into deep thought.

The U.S. government has always had a debt problem, which is inevitable in any country. But the U.S. government, like its people, has a habit of spending early, which has made their debt bigger and bigger, accumulating with each administration, and now reaching a very high level.

The U.S. government is aware of this, but the problem is that if it wants to boost the economy, borrowing is inevitable at some point. The revenue of the government is nothing more than through taxation, which is the greatest guarantee of debt repayment. But if the tax rate is raised in order to pay off the debt, it will undoubtedly be drinking to quench your thirst and dry up the water. Therefore, it is simply not feasible to gradually reduce debt by raising tax rates.

Open source can't work, that can only be throttled. Because in the face of increasing debt, even the US government can no longer afford it. In this case, the Democrats and Republicans had to sit down and negotiate over the total size of the debt. Both sides need to find a balance between the need to stimulate economic spending on the one hand, and the growing pressure to repay debts on the other.

This equilibrium point is the ceiling of total debt.

Although it was not until August that the official statement began, Democratic and Republican lawmakers have already begun to blow the whistle and promote their views on the debt issue. In fact, by May 16, the last revised debt ceiling in the United States had come to an end.

In addition, there is another very important reason for the bipartisan negotiations on the debt ceiling, which is the US election next year. For next year's election, the two major political parties in the United States have begun to engage in fierce battles, both openly and covertly, and the debt ceiling is a very important issue, which they can use to buy the hearts and minds of the people to the greatest extent.

It was precisely when Zhong Shi saw this that he boldly proposed such a strategy.

"Not bad!"

Looked approvingly at Bill. After glancing at Gross, Zhongshi continued, adding, "It doesn't matter if we offend the current government, we can bet on the next government." Of course, this is only the extreme case. In fact, our best strategy is to not offend both sides, please both sides, and maximize our interests as much as possible! (To be continued.) )

PS: Thank you book friend xxxxxxjj, over half a hundred and 50 years old, I am a little dust, and Shen Zixuan voted for the monthly ticket! Thank you for supporting this book so much, I saw hope again this month, and I really hope to get the support of more book friends, and the author is grateful~