also unconsciously, the phone ringing broke Xiao Qi's leisure time.

"Hey, Dad, it's 11 o'clock in the evening in Huaguo, right? Mom hasn't even urged you to sleep yet? Xiao Qi smiled and said into the phone.

"I'm still in the capital." Xiao Xu's voice revealed exhaustion, "Since the outbreak of the subprime debt crisis in the United States on April 2, Director Niu has taken me to the capital, and I have been discussing with experts and scholars for the past two days how to deal with this subprime mortgage crisis." ”

Change. After the reform and opening up, countless experts and scholars in China have gradually become the spokesmen of various interest groups, and this is a secret that everyone knows.

But there are also a lot of real people who are doing their best to escort the country.

Just as you can't stop believing that the sun will rise again tomorrow just because it's dark at night, there is always a group of fools in the eyes of others, silently dedicating their light and heat.

Participating in the discussion with Xiao Xu are such experts and scholars.

However, it is a pity that most of these experts and scholars are gray-haired old men, although their hearts have not changed, they have long been behind the times and cannot grasp this rapidly changing situation.

Therefore, they can only keep bringing emerging experts and scholars over to assist them in doing research together.

Xiao Xu has long fallen into their sight, and has come to the capital to discuss with them several times before because of the depreciation of the renminbi and the kidnapping of the local economy by real estate.

The "new version of the housing pre-sale system" introduced after Niu Ruzheng's proposal was implemented with their strong support, and I don't know how many interest groups have been offended.

Although the subprime mortgage crisis is in the United States, China is the country with the most U.S. Treasury bonds and the largest dollar reserves on Shijie. Just these two mountains, it is impossible for Huaguo to stand on the shore and watch the play easily.

China's foreign exchange reserves and the U.S. Treasury bonds it bought are all changed. In the 30 years since the revolution and opening up, it is an extremely humiliating matter for whoever has accumulated bit by bit and who has suffered losses.

Xiao Xu is a financial expert with "strategic foresight" who gives early warning. The subprime mortgage crisis was summoned as soon as it happened, and everyone wanted to negotiate a solution as soon as possible.

However, Xiao Qi could only sigh with regret, because there were not many ways for Huaguo to go.

As long as the dollar is still the settlement currency of Shijie financial trade, then the insidious danger of the United States entrapping others will not stop, but the United States is the strongest, so it will not win from the beginning, just to see who has less losses, or what aspects can be recovered a little.

Xiao Qi knew that his father would be asked about this. So on my mother's birthday last time, I discussed a lot with Xiao Xu.

With Xiao Xu's wisdom and his own hard work, I believe that he will definitely receive no less appreciation and affirmation when he goes to the capital this time.

After a pause, Xiao Xu asked calmly: "Son, the U.S. stock market has plummeted in the past two days, and the Asia-Pacific stock market and the Chinese stock market are the same. There is also a panic in the domestic stock market, do you think the situation will continue to deteriorate? ”

Xiao Qi smiled dumbly. "Dad, with the broken appearance of the Chinese stock market, do you still need to panic? Anyway, everything is falling, everything is cheating money, this thing wants me to say, it's good to go out of business directly! ”

"Stop talking nonsense here!" Xiao Xu was also happy. "I'm asking you about business, a lot of people have to be offended by you!"

"Do it yourself, and don't allow others to talk about it?" Xiao Qi muttered, and then coughed lightly: "Dad, have you seen the three major stock indexes in the United States in the past few days?" ”

"Looked."

"Do you see any mysteries?"

"Although the shock is violent, the drop is huge. But some of the most important stocks are not moving. Xiao Xu said eloquently: "In the next few days, I think there are only two possibilities, the first is that the U.S. government and the Federal Reserve come forward and join forces to support the market, and then combine some of their own large stocks to stabilize people's hearts; The second is that the U.S. government and the Federal Reserve did not take action, and even these important constituent stocks could not withstand it, and then they were dragged down, which triggered a chain reaction in Western countries, and the consequences were very serious. ”

"Daddy, which situation do you think has a better chance of happening?"

"Of course it's the first one, Americans are not so stupid, behind the subprime mortgage there is the US real estate market that has risen for more than ten years, they are willing to let the real estate collapse, and then the results of more than ten years of economic development come to naught?" Xiao Xu sneered: "It's not just us who cares about GDP, this group of politicians in the United States cares even more!" ”

Xiao Qi nodded again and again when he heard this, after so much time of training, his father finally had results.

Although there are still many places where these words are not detailed enough, at least in the previous life, there were not many Chinese experts and scholars who could say this truth at this time.

It is true that the US Government does not want to see the collapse of finance in the new century spread to a more far-reaching level.

In fact, the Federal Reserve has already taken action, as early as February, when New Century Financial announced the profit warning for the fourth quarter of last year, the Federal Reserve lent them money to help them tide over the difficulties.

The Federal Reserve's action is also the most important factor in the fact that the subprime mortgage crisis did not break out in February!

But who knew that the stall of New Century Finance was so bad that there was no way to recover it, so they could only simply file for bankruptcy.

Anyway, there are more than one mortgage companies in the United States, but the rest of the Fed can't let the dominoes fall, so they will still take action.

But when the Fed does things, it can't be how quickly it reacts, they think about a lot of things, so it's normal to make a move after two or three days, and small and medium-sized investors who have huge losses often can't survive these two or three days, so they lose a lot in vain.

"The Fed has the money, the U.S. government has the policy, and I believe it will be able to turn the situation around soon." Xiao Qi solemnly said his opinion: "However, I am still not optimistic about the subprime bond market in the United States, and what is exposed now, once it is suppressed, I am afraid it will be difficult to control it again when it breaks out next time." ”

"You say there's going to be a bigger storm?" Xiao Xu immediately understood.

"Yes." Xiao Qi said cautiously, "But I'm not sure when it will break out, it all depends on how bad their mess is." ”

"I see."

Xiao Xu said thoughtfully.

The boy didn't dare to speak too clearly, but he had already pointed out the most important thing.

Coupled with Mayor Xiao's expansion and improvement, I believe that the judgment of the future financial turmoil will be more accurate. (To be continued......)