Five-seven-five, short history
When Ye Zifeng heard that these two people turned out to be the executives of Fannie Mae and Freddie Mac, he couldn't help laughing, but this was a drinking party, Ye Zifeng had to endure it, and his face had to twitch violently.
Duan Ye, Li Kai and Zhang Jie stared at him strangely, not knowing what the hell he was going to do.
Ye Zifeng has always paid attention to the development of the economy and financial dynamics of the United States, after the stock market and the housing market of the United States continued to hit record highs, Ye Zifeng paid attention to Fannie Mae and Freddie Mac, these two companies were created, somewhat similar to the domestic state-owned holding company, but later after privatization, it became a public company listed on Wall Street.
Fannie Mae & Company, also known as the Federal National Mortgage Association, was founded in 1938. As can be seen from its full name, it is the largest government-sponsored enterprise in the United States, mainly engaged in financial business, in order to expand the capital and secondary housing consumer market, and provide liquidity funds of specialized institutions.
Freddie Mac's business scale is second only to Fannie Mae, which was established in 1970 with the approval of the United States Congress, and its main business is to open up the second mortgage market in the United States, increase the ownership of loans for families and individuals, and the rental income of housing loans.
What the two companies have in common is that they do not lend directly to homebuyers, but operate in the country's secondary mortgage credit market, ensuring that mortgage banks and other lenders have sufficient funds to lend to homebuyers at low interest rates.
And this low-interest rate credit fund has prospered the housing market in the United States, which has promoted the creation of a real estate bubble while allowing the homeless to obtain housing.
And Fannie Mae and Freddie Mac have become invisible promoters.
Ye Zifeng paid attention to these two companies in China, and studied with Luo Xueqing, if there is a bubble in the economy of the United States, it will definitely be related to these two companies.
For example, in 2000, Clinton's Internet economy burst, it was the bursting of the high-tech bubble represented by the NASDAQ market. That year, the Dow Jones and Nasdaq both plummeted, triggering a bear market.
The stock market of China also followed, under the leadership of technology stocks, after hitting a high of more than 2,200 points, it entered a bear market for up to 7 years, and the Shanghai index fell all the way to 998 points before it stopped, and finally under the stimulation of the stock reform, it came out of a magnificent bull market.
And now, the stock markets of the United States and China are carnivaling, and the most important thing for Ye Zifeng is to be afraid that the two major financial markets will cause a co-shock, which will amplify the outbreak of the crisis.
Just before coming to the United States, Ye Zifeng had asked Ma Shiqing to gradually start to reduce the stocks in his hands to cope with the possible crisis.
Unexpectedly, as soon as I arrived in the United States, I met the CEOs of Fannie Mae and Freddie Mac, which is somewhat not a feeling of being together.
Therefore, Ye Zifeng wanted to laugh, but he had to hold back.
"Is it that funny?" Duan Ye glanced at Ye Zifeng.
"I think of something, and I can't help it!"
Ye Zifeng didn't tell Duan Ye why he wanted to laugh. After all, Ye Zifeng has not really been in contact with the financial market of the United States, and he doesn't know if his prediction can be accurate.
They all glanced at Ye Zifeng and knew that he was holding back bad water in his heart.
"Is there something wrong with these two people?" Li Kai was very curious, the things that could make Ye Zifeng, a great god, couldn't help but want to laugh, must be very interesting.
"......" Ye Zifeng shook his head and didn't speak.
"Is there something wrong with these two people's companies?" Zhang Jie's thoughts are the same as Li Kai's.
"......" Duan Ye also stared sideways at Ye Zifeng, wanting to see the clues of the matter from his expression.
"Don't look at me like that! I'm just guessing! Ye Zifeng stared at Franklin and Lerant, who were following Buffett in a hurry.
Duan Ye and the others saw it, and they knew that Ye Zifeng's blind guess must not be simple.
Li Kai still wanted to get to the bottom of it, but at this time, the host of the cocktail party announced that the charity auction cocktail party had officially begun.
The first object to be auctioned at the charity reception was a dagger, and the host said: "This dagger has a history of nearly 100 years and is the standard for cowboys in the western part of the country!" It has witnessed the history of gold diggers in the western part of the United States and is a witness to the rise of the western part of the United States! This dagger is well preserved and is a rare historical object! ”
The host held this dagger in his hand, spoke loudly, and playfully played with a knife flower, which is also the humor of Westerners.
When Duan Ye heard this, he just smiled.
Li Kai and Zhang Jie snickered, and Ye Zifeng looked calm.
"Why aren't you smiling?" Li Kai touched Ye Zifeng beside him with his elbow.
"What's so funny?" Ye Zifeng glanced at Li Kai inexplicably.
"With nearly a hundred years of history, you can witness the rise of a rice country! Isn't that a little too humorous? In China, not to mention a century-old object, it is a thousand-year-old cultural relic, and I dare not say that it is a witness of history! Li Kai said triumphantly.
"Likai! You're not right, how can you compare the history of the United States with China? It's like comparing a grass to a tree! There is no comparison! Besides, the United States is a foreign mixed ethnic country, and it is indeed not easy to produce its own related cultural relics! This dagger is also a relic for them. Ye Zifeng said.
"Is this a broom that cherishes itself?" Zhang Jie said with a smile.
"Not really. It's just that they are also outsiders, the Turks in the Americas are Indians, and it is said that the Indians still have the blood of the Orientals, but the Indians have not been able to accommodate the mainstream society of the United States! Their history has also been obliterated by modern civilization! "Duan Ye knows the history of the country very well, the country of rice is a country of immigrants, and the local history is almost extinct.
"History is written by men! The path of civilization is unstoppable! Thinking of the history of the Americas, Ye Zifeng sighed.
This is a philosophical question, and none of them take Ye Zifeng's words.
Everyone saw that the auction was about to start, and Li Kai suddenly asked, "How much do you guess this dagger can be auctioned?" ”
In terms of cultural relics, everyone is not professional, so they all look at Ye Zifeng.
"Don't look at me, I don't know! Because it's not a relic! Ye Zifeng shrugged.
Only then did everyone react, although this dagger is also a hundred years, it is indeed not a cultural relic. Its auction price is really difficult to assess. Besides, these people on the scene are rich masters, and it is very likely that they will not play cards according to common sense.
"1 million!" A white man in a dark dress raised his red wine glass and bid first.
"This man is David Rockefeller!" Duan Ye explained.
The Rockefeller family is the richest family in the United States, and its founder, John Rockefeller, is the first billionaire in the history of mankind, and is the oil king of the United States, and his oil dynasty has a monopoly position in the United States for 85 years. The Rockefeller family's financial position in the United States can be described as pivotal.
Everyone listened and nodded, the Rockefeller family was thunderous, and he was the first to bid for the auction, and it was $1 million, so everyone was not surprised.
If Ye Zifeng had to value this dagger, his physique would not exceed $1,000, but Rockefeller's bid was $1,000,000, a full 1,000 times more.
Of course, those who participated in the auction knew that the price of this dagger was not on duty, but in terms of charity, it represented a kindness to themselves and their families, and a mere $1 million was nothing to the Rockefeller family.
Everyone came in the spirit of charity, some people bid high, everyone knows in their hearts, and they will give face, so when John Rockefeller bid, everyone did not bid, and the first object of this drinking party was auctioned by John Rockefeller.
The second object is an oil painting, Dalí's "The Eternity of Memory".
Dalí is a famous Spanish surrealist painter with extraordinary talent and imagination, and his works often combine eerie dream-like images with excellent drawings and painting techniques influenced by Renaissance masters, giving people a grotesque, absurd, and shocking visual effect.
These are not only in his works, but in reality, Dalí's beard is also famous, his unruly, funny and exaggerated beard is so impressive that people often remember only his beard and forget him personally.
"The Eternity of Memory" is one of the representatives of Dalí, it was created in 1931 and is typical of the surrealist style. In the picture, there is an empty beach, a monster that looks like a horse is lying on the beach, its front part is a human head stump with only eyelashes, nose and tongue absurdly combined, next to the monster there is a platform, on the platform grows a dead tree, several clocks in the painting become soft, malleable, they appear to be soft and collapsed, on the platform, hanging on the branches, draped on the monster's back, as if these clocks made of metal, glass and other hard substances, For too long, I was exhausted and became lax and helpless.
Even Dalí himself admits that "The Forgotten Eternity" expresses a kind of "personal dreams and fantasies revealed by Freud", and that he himself only reproduces his subconscious, reproducing every thought in his dreams.
When Dalí finished painting the picture, he felt a sense of relief, a liberation from the order of the real world.
"I don't borrow this painting!" Zhang Jie said.
Everyone nodded, when it comes to art, of course, there are many representative figures in the West, but as a cultural relic, the history of the United States is too short.
In all, they have a lot of art treasures, and most of the historical artifacts are looted or acquired from other countries. In many Western countries, the vast majority of history museums have cultural relics from other countries, and only a small part of their own cultural relics are located. Just like the British Museum, two-thirds of the cultural relics are looted, and the rest include many precious cultural relics from China. (Dear readers, thank you for your love for the "Legend of the Stock God", now we are about to write about the financial crisis of 08, and the "Legend of the Stock God" should also come to an end, I really want to write out the stock market secrets after 08 years, in detail, but it will touch the bottom line, just like today's Guizhou Moutai plummeted, its closing price was deliberately closed at 641.74 yuan by large funds, subtle but profound!) But the book can't describe it! )