As Zhong Shi predicted, although the risk of a default on the US debt ceiling is small, the risk aversion in the market has not subsided, and the price of the gold contract remains at a high level of $1,600 per ounce after the month swap, and everyone is waiting for the final result of the bipartisan battle in the United States.

Treasury Secretary Geithner has already said that starting on May 16, the United States will enter a "debt issuance moratorium" until the August 2 deadline, when the U.S. government's borrowing authority will be exhausted.

Despite this, the Republican Party has not given up on the struggle, and the two sides have engaged in fierce exchanges on various platforms such as television and Congress, hoping to throw the burden of the fiscal deficit on each other.

However, on the last day of July, the rating agency Standard & Poor's suddenly stated that if the U.S. government does not reach a debt ceiling agreement on August 2, it will treat the U.S. government as a default and downgrade the sovereign credit rating of the U.S. government.

This immediately caused an uproar.

Needless to say, the important role played by the U.S. government in economic activity around the world can be described as a locomotive. In addition, the U.S. dollar is the settlement currency around the world and plays a huge role in international trade, and the interest rate of the U.S. dollar is the benchmark for the pricing of interest rates and related derivatives in other countries around the world. At the same time, the U.S. financial system is the most developed and powerful in the world, influencing the pricing of the vast majority of the world's goods.

The U.S. sovereign credit rating has been AAA+, the highest rating, and the outlook is similarly stable. Because in extreme cases, the U.S. can still issue dollars to repay its debt, investors are not worried about defaulting on U.S. debt at all.

But that's just the issue of U.S. debt. The U.S. stock market, U.S. derivatives market, interest rate market and other capital markets may all undergo fundamental changes due to the downgrading of credit ratings. And this change can also be transmitted to other continents through national trade, interest rates, and other capital flows.

Fortunately, this day was not a trading day, but as soon as the news came out, it immediately attracted close attention from all parties.

As the largest creditor, Huaxia issued a statement by the central bank for the first time, declaring that it is paying close attention to the debt problem of the United States. At the same time, in the statement, Huaxia's central bank also appealed. The two parties in the United States should exercise restraint, temporarily abandon partisanship, and regard the national interest and the well-being of the people as the most important goal. Working hard to reach an agreement on the debt ceiling.

Canada's prime minister then came out and said that the U.S. government's struggle over debt has affected the region's financial security. In this context, he called for an early end to the disputes between the two parties and to contribute to the maintenance of stability and peace in the region.

The Bank of Japan has also come out and said that they will closely monitor the exchange rate of the dollar and the yen. Intervene in the foreign exchange market when necessary. At the same time, we will guide Japanese export enterprises to avoid risks.

Immediately afterwards, Germany, France, the United Kingdom and other countries also came forward to say that although they said different things, they all had the same meaning, that is, they would keep a close eye on the US debt market and take the initiative to take certain measures when necessary.

"Damn, how dare they do that?"

The White House, the president's office, after the black president saw the news. At first, there was no announcement, but then news came back from all over the world. Anger gradually rose in his heart, and the spearhead was directly pointed at the culprit of these things, Standard & Poor's.

"This was really unexpected!"

Andrew. Klein was also in the office, as the president's special economic adviser, at this time he didn't know what to say except for a wry smile, this unexpected variable directly disrupted their plan, "Downgrading the sovereign credit rating of the United States, they are indeed very bold." ”

For a long time, the U.S. government's use of the three major rating agencies to deal with foreign governments or institutions is simply invincible, but they never imagined that one day this sharp weapon would hurt themselves.

"Is there a way to get them to retract their remarks?"

The president's first instinct was to ask Standard & Poor's to retract the remarks, which would at least minimize the impact, although it would be a cover-up.

"There's no way!"

Andrew. Klein shook his head helplessly, "Unless we amend the free speech clause in the Constitution, using the power of the government to coerce them may also fulfill them to a certain extent, which is basically not feasible." ”

"What I'm worried about now is whether it is possible for the other two to follow up at the same time, so I am afraid that the pressure of public opinion will be increasing!"

After explaining the pros and cons to the president, Andrew . Klein also voiced his concerns, "If the three major rating agencies all say that, then we will be under a hundred times the pressure we are now." It is no exaggeration to say that if we do not reach an agreement by the deadline, then the whole of America will be in turmoil. ”

"So serious?"

The black president frowned, lay down on the sofa, let out a long sigh, and suddenly asked, "Andrew, who do you think did this?" ”

Although he is the president of the United States, he is at a loss for the current struggle between the Republican Party and the Democratic Party. Many times he wanted to do what he wanted, but was always stopped by Congress. Just like the health care reform he wanted to do at the beginning of the campaign.

So when he first heard about it now, his first reaction was that it was part of the partisan struggle again.

"It's hard to say!"

Andrew. Brian pondered for a long time, and then said slowly, "There is a motive on the Republican side, and it is possible for the S&P company itself, after all, now that we can't reach an agreement on the debt ceiling, there is a theoretical possibility of default." In addition, there may be some careerists. ”

Speaking of careerists, Zhong Shi's figure suddenly passed through his mind. But the next moment he laughed dumbly, no matter how bold Zhong Shi was, he didn't dare to do such a thing.

"It's putting pressure on us!"

The president closed his eyes and sighed faintly. "This is not only for the people at home, but also for our allies and our opponents internationally. It's all about watching the way things develop. If it's not handled well, it becomes an international joke. ”

"The biggest suspicion should be on the Republican side!"

Andrew. Bryan still analyzed seriously, "One of their most popular lawmakers recently is Romney, this guy himself is a PE background, and he is no stranger to the financial market, and I personally think it is very likely that he is making suggestions behind the scenes, the purpose of which is for next year's general election." ”

"So our countermeasures?"

For Andrew's statement. The president was noncommittal, but asked lightly, "This matter needs to be resolved." So far, they have frequently set traps for us, bent on making us carry this black cauldron. But in fact, how can the fiscal deficit be solved in one year? If nothing else, let's just say that in order to save the US economy, my predecessor threw out an economic rescue plan of up to $750 billion. This adds a very large amount of debt. ”

"Maybe we can take advantage of that!"

Andrew. Brian's eyes lit up. "We can use the media to remind people of what the government did in the first place." At the same time, two scapegoats were thrown out to make everyone realize that the deterioration of the debt situation was largely due to the economic crisis, so that the other side might give in. ”

"Is this okay?"

The president was stunned for a moment, then straightened up. Suspiciously, he said, "Will they give in because of this?" ”

"I think it's a possibility!"

The more you think about it, the more likely it is. Andrew. Bryan went on to analyze, "Although the debt ceiling has been raised frequently, in this case, the increase is largely due to the rescue of the financial system. In addition, our universal health care system is not really implemented, and the expenditure on this is not very large. As long as we make public the increase in the fiscal deficit in the past few years in power, I believe that the people's vision will be clear, and we will certainly be able to reverse public opinion. ”

"Perhaps!"

The president didn't say anything more, but his eyes flickered frequently, and he was clearly moved.

……

"Isn't it too risky to do this?"

At about the same time, a conversation between Bell Stone and Paulson unfolded.

When he heard that Standard & Poor's threatened to downgrade the U.S. sovereign credit rating, Paulson's first reaction was that it was Bell Stone's trick, and when he asked Bell Stone, he got a sure answer.

Horrified, Paulson couldn't help but ask, "If it is found out, the government will definitely fight with us." Sir, offending the U.S. government is no joke! ”

"Of course I do!"

Zhong Shi's face sank, and he waved his hand unhappily, "How serious are the consequences, do you think I need you to remind me?" Before doing these things, I had already thought of the worst consequences! ”

"But why are you still doing this?"

Paulson wanted to scream in Zhong Shi's ear, but he didn't have the guts to ask silently in his heart.

"Do you think it's strange why you dare to do this when you know the consequences are serious?"

However, as soon as he saw his expression of wanting to speak and stopped, Zhong Shi guessed what he was thinking, and immediately made it clear, "Although we know it, the U.S. government doesn't know, and they will think that there is someone else behind the scenes, and this is where our biggest reliance lies." ”

"Republican?"

At the thought of the two opposing parties, Paulson's face softened, "If you speculate according to the principle of the greatest profit, it is true that the Republican Party has the greatest possibility." ”

"If the debt ceiling can be resolved, do you think we will still be in danger?"

Seeing Paulson's understanding, Zhong Shi nodded with satisfaction and continued, "Although this will cause a rift in our relationship with the government, as long as we keep it within a certain limit, I don't think the problem will be big in the end." But I think there should be a bit of turmoil on the commodity futures side, if they can't reach an agreement. ”

"So so far, it's all for gold?"

Paulson finally came to his senses, but he still pinched a cold sweat for Zhong Shi in his heart, "In this case, isn't it too risky?" It is still unknown whether they will investigate thoroughly afterwards. ”

"Relax, even if they find out that we did it, they won't tear their faces at this stage, Europe still needs us!"

Zhong Shi comforted the other party and said, "Also, let your traders be prepared, we may sell our gold positions at any time." ”

……

At the same time, somewhere in Yanjing, Huaxia, a big man was throwing a tantrum, "Damn, why did they transfer that person out of his post without even informing me?" ”

In a fit of rage, he swept everything on the desk to the ground with a wave of his arm, crackling to the ground.

"I heard that it was his son-in-law who collected money and was found out, so he made a deal with this and moved his position out!"

His confidential secretary had a pale face, and he didn't dare to speak out for a long time, and finally waited until the other party's anger subsided a little, and then he said timidly.

"His son-in-law?"

The big man's brows suddenly furrowed, "How did his son-in-law get into trouble?" How did you do something so carelessly? ”

"I heard that it wasn't accidental, but it offended people!"

The confidential secretary lowered his voice and said a name in the ear of the big man, "I heard that his name is Zhong Shi, and he is a rich man from Hong Kong." ”

"Bell Stone? Bell Stone? ”

The big man shook his head, vaguely remembering where he seemed to have heard this name, but he quickly put this idea behind him, because the other party caused him to lose an important chess piece, so no matter how big the other party's background is, this person surnamed Zhong will have to pay the price! (To be continued.) )

PS: Thank you to the flying elves, electromagnetists, and book friends 150202191447389 for voting for the monthly pass! Thank you book friend for his reward from her heartbreak my heart and gengsu! Thank you again for such a strong support, the author continues to work silently, although there have been a lot of things recently, but I will try my best to update, and strive not to disappoint everyone, I hope you will also try your best to support ~