Chapter 801: Financial Crisis

In late August, the North American box office of "Transformers 2" entered the threshold of $400 million, and the global box office approached $900 million, and Ryan also received his first share as the starring and producer, which was up to $70 million, and after setting aside a tax amount, he transferred it to Sandy's trust fund.

At the same time, "Iron Man 2", which was released in early May, officially dropped from North America, taking away a box office figure of $345.52 million, and the global box office also crossed the threshold of $700 million, with great hopes of hitting $800 million.

After the North American box office of "Machine Qì Man Walli" exceeded 200 million US dollars, the growth figures became extremely slow, and according to the box office trend, North America should eventually win a little more than 220 million US dollars, and the global box office is about 530 million US dollars.

Fortunately, although the peripheral products of the film do not sell very well, they can always sell a lot, and there are follow-up DVD tapes, online on-demand and TV rights and other income, so there is no problem in achieving profitability.

"Machine" and "Transformers 2" can be described as two extremes, telling a good story may not win the market, and making a movie according to the needs of the market at this stage is obviously more likely to be a big hit.

No one can deny that "Wall-E" is far better than "Transformers 2", but the two sides are at least two notches behind in terms of revenue for the production company.

Ryan is not just an actor, he represents the interests of Disney's huge business group, especially at this stage, Disney must come up with beautiful profit figures to tide over the next difficulties.

As we entered September, the shadow of the financial crisis immediately loomed over the entire North American.

Since August 2007, the Fed has anticipated the possibility of a crisis, and they have injected liquidity into the financial system to increase market confidence. The U.S. stock market has also been able to sustain its elevated levels, which doesn't look very bad.

However, in August this year, the stock prices of Fannie Mae and Freddie Mac, the two major US mortgage giants, plummeted, and the financial institutions holding the "two houses" bonds suffered large losses, and the US Treasury Department and the Federal Reserve were forced to take over the "two houses" to show the government's determination to deal with the crisis.

But what followed was the problems of Lehman Brothers and Merrill Lynch, the world's two top investment banks with total assets of up to $1.5 trillion, the former forced to file for bankruptcy protection, and the latter to be acquired by Bank of America, and the world's largest insurer with total assets of up to $1 trillion, AIG, was also unable to sustain. While the U.S. government chose to take over AIG to stabilize the market, it said that it "can't help" other financial institutions.

This was only part of the outbreak of the crisis, and the stock market began to fluctuate due to the influence of the financial markets.

Hollywood's big companies are basically listed companies, and they have inevitably suffered a shock, such as Walt Disney, which has seen its market value fall by nearly 11 percent in the short term, despite a series of blockbuster hits and the imminent opening of Disneyland in the Far East.

However, the company has long been prepared internally, and the cash flow is abundant. The response was appropriate, and in recent years, almost all of them have taken the path of independent investment in production and distribution, and there is no too complicated guarantee and debt relationship, so the impact has not been particularly large.

Although there will be losses. But with Ryan's advance warning, Disney's losses are relatively limited.

Other industry giants, especially the financial sector, were not so lucky, and by mid-September, the only two remaining investment banks on Wall Street, Goldman Sachs Group Inc. and Morgan Stanley. They had to apply to the US Federal Reserve to transform into bank holding companies to avoid risks.

With the transformation of Goldman Sachs Group and Morgan Stanley into commercial banks. The traditional 'Wall Street investment bank' has disappeared as a historical term.

The federal government and the Federal Reserve have proposed a series of bailout packages, but they have sparked public discontent.

Sixty-five percent of the American people oppose the government's bailout package, believing that the big banks first advocated capitalist laissez-faire expansion, and now they are asking for a socialist way to pay the money from the treasury to save the capitalists of the big banks, but the people are unemployed, bankrupt and lose their houses.

This also laid the groundwork for the subsequent Occupy movement.

As the second largest media group in the United States after 'Time Warner-AOL', Walt Disney's headquarters in Burbank has successively appeared representatives of the White House and Wall Street, and Ryan's own phone calls are almost bursting, especially the Jewish group on Wall Street, strongly asking the media to release the guiding public opinion that the market has begun to stabilize and improve......

The chief of staff of the White House and the head of the New York branch of the National Jewish Association of America visited Jenkins Manor one after another, and Ryan naturally would not push away in the face of the favors sent by the other party.

To be precise, they belong to the same class, and it is a necessary choice to protect the interests of this class, not to mention that Wall Street owes a lot of favors.

How can we deflect domestic contradictions? The best way is definitely to find an enemy from the outside, the economic crisis has a huge impact, the public in the United States cannot be completely fooled by the media, and if a public enemy appears, it will definitely disperse some of the grievances against Wall Street and the federal government.

Just when the major media groups, including Walt Disney, which had reached an agreement with Wall Street, were looking for suitable external contradictions, someone hurriedly jumped out and acted as the best target.

"This is Allah's punishment, this is a disaster that Allah has befallen the Americans, it is the evil result of Western countries' presumptuous sanctions against Iran, and Americans must pay for their stupidity!"

On September 20, at the General Assembly of the Organization of the Petroleum Exporting Countries, Iranian President Mahmoud ? Ahmadi? Ahmadinejad has once again made statements against the United States.

The whole world is used to this kind of talk, and it would be strange if Iran jumped out from time to time and shouted a few words.

But Ahmadinejad is clearly prepared, and he didn't come to OPEC to fire empty cannons.

"The West got our oil, but gave us a worthless piece of waste paper - dollars! In response to the economic crisis that will result from the depreciation of the dollar, Iran will convert a large part of its foreign exchange reserves to other currencies. ”

Ahmadinejad even strongly called on OPEC to introduce a new currency on its own, "We should establish an organization for economic cooperation and development and a trade bank, as well as monetary cooperation, using a 'single currency' for trade among member countries, and then in other countries and neighboring countries." ”

It sounds like a very good idea, but no one responds, and if OPEC does launch its own currency, how will the United States react? Not to mention the constant internal strife among the member states, even if an agreement is reached, I am afraid that war will immediately break out in the Middle East.

Iran and Ahmadinejad are obviously trying to drag all OPEC member states into the black water, using OPEC as a shield for the United States and even the entire Western society to be hostile to Iran.

When the news reaches North America, the mainstream media reports on Iran's rebellion, and this public enemy of the United States occupies an important section of the print media, television, radio and the Internet, and in the mainstream media, it seems that the position of the dollar will be disintegrated in the next moment, the entire American economy will completely collapse, and the evil and tyrannical Iranians will completely occupy North America.

To a certain extent, the news about Iran that the mainstream media has hyped has distracted some of the people's resentment against Wall Street.

At this time, the Pentagon announced that a training ship deployed in the Persian Gulf region was rammed by an Iranian ship, injuring three soldiers, and the training ship had to be abandoned because of the damage, and finally sank in the Persian Gulf.

As soon as the news was announced, the whole of North America was in an uproar, and ABC TV and other Disney-controlled media took the lead in shouting the voice of sending an aircraft carrier formation to the Persian Gulf.

The clouds of war hanging over the Persian Gulf have diluted some of the effects of the economic crisis in North America.

"The status of the dollar as a world currency is not only related to the interests of the United States, but also to the interests of every ordinary person."

Looking at Taylor, who was holding Sandy, Ryan continued to Nicole, "The last one who wanted to challenge the status of the dollar was the euro, but as a result, the Kosovo war broke out, and the euro lost its best opportunity to challenge the dollar. ”

"So......" Taylor's eyes left Sandy, looking at the couch here, "Iran has violated our bottom line?" ”

"That's exactly what you can say." Ryan beckoned to his daughter who was smiling at him, "The status of the dollar as a world currency is not only related to the interests of the federal government and Wall Street, but also to the interests of each and every one of us, so Iran has touched one of the most sensitive nerves in the United States." ”

"The ship that sank in the Persian Gulf......"

"It doesn't matter if it's true or not." Ryan interrupted Taylor, "The important thing is that the training ship has sunk to the bottom of the Persian Gulf, and in the reports of the Western media, it was still sunk by the Iranians, which is enough to divert the attention of many people and the sharp contradictions within Western countries." ”

"You always say these things to Alison." Nicole couldn't help but complain.

"It's okay, I like these things." Probably Sandy took a bite, and after Taylor exclaimed, he kissed the little guy, "I'm going to protect Sandy in the future." ”

"Will the federal government send an aircraft carrier group?" Nicole wasn't uninterested, "Is there really going to be a war in the Persian Gulf?" ”

"Probably not anytime soon." Ryan shook his head, "George? Bush is about to step down, the economic crisis is still raging, and the government doesn't have that much energy, but ......"

"When the impact of the economic crisis subsides, it will be difficult to say." Taylor suddenly took Ryan's words, "This is only a temporary diversion of some of the contradictions, and after a while, the public will find that their lives have not improved substantially, or even worsened, and they will definitely target Wall Street again, if Iran makes another provocation at that time, presumably both the government and Wall Street will be happy to see the outbreak of a foreign local war." ”

"Iran is the best target and the most suitable candidate for the United States right now." (To be continued......)