Chapter 606: Creating a Financial Crisis

The two of them passed through the rows of vehicles in the warehouse, passed through the five helicopters in a row, came to the end of the warehouse, and went upstairs along the steel escalator.

The man in blue pushed open the room guarding the warehouse, and the three well-dressed middle-aged men present stood up, raised one hand to his chest in unison, and saluted the man in blue reverently and respectfully.

The man in blue nodded, and introduced Yang Chen in turn: "Sang Er, Aixi, Su Yasi." ”

In turn, he introduced Yang Chen, "This is Xiaoyao." ”

Yang Chen was somewhat stunned when he saw these three, although he had never dealt with them, but he knew that these three people were all world-famous economists and had seen them many times in the media.

After shaking hands with the three of them and saying hello, Yang Chen glanced at the man in blue with some hesitation.

The man in blue nodded: "It's all our own people, they are completely trustworthy, and the 'support' plan is jointly formulated by the three of them." ”

"I really didn't expect that the three economists turned out to be your people." Yang Chen was a little surprised, and glanced up and down at the three of them again.

The three of them looked at each other and smiled, and nodded at Yang Chen together.

"Please be seated." The man in blue invited a few people to sit down, and after he sat down himself, he pointed at Yang Chen and said, "Xiaoyao still has some doubts about the plan, and I can't explain it thoroughly, so please come and answer his doubts in person." ”

Yang Chen smiled: "I'm very sorry, it's not that I don't believe you, but the stakes are very high." I want to know what I know. ”

The three of them looked at each other again, and Ash nodded, "Sir, do you have any questions that we need to answer?" ”

"Frankly, my understanding of the economy is only limited to spending money on things, and I don't know anything else." Yang Chen pondered for a while, spread his hands and said: "So I want to ask the three of you to explain it in an easy-to-understand way, so that I can understand it in my heart, and it is convenient to grasp the plan, otherwise I will always have doubts in my heart." ”

Elsie nodded and said, "Sir, if you have any questions, just ask, we will try our best to solve the doubts in your heart." Sang Er and Su Yasi also nodded.

"Does the effect I'm making now have any impact on the economy?" Yang Chen asked.

"With the initial impact, most of the world's financial giants are concentrated in those developed European and American countries, and they have made moves in capital mobilization, and the global financial markets have been affected and have generated fluctuations, especially the financial markets in Europe and the United States have begun to feel the chill, and some small financial speculators have begun to face bankruptcy," Ash said. ”

Yang Chen frowned and asked, "Why do you have to create a financial crisis?" ”

Ai Xi interjected: "If you want Qingtian Group to rise quickly into a strong capital, you must grab huge benefits in the ups and downs of the global financial market, otherwise there is no shortcut, you can only rely on the slow accumulation of capital, which takes a long process and does not meet your 'rapid rise'." ”

Yang Chen wondered: "Why can those financial giants mobilize a large amount of funds to produce a financial crisis?" "Just go and listen to the book

Elsie explains: "It seems that it is necessary for the gentleman to understand the causes of the financial crisis...... One of the reasons for a country's financial crisis is the large-scale withdrawal of foreign investors, resulting in the depreciation of the country's currency, after the currency depreciation will make the country's real economy decline, once the real economy is weakened, it will inevitably cause the unemployment rate to rise, the people are unemployed and have no source of income, they will not be able to repay the credit, a large number of credit defaults will brew the country's financial crisis, and then cause a country's international payment capacity default, which is likely to cause an international financial crisis. ”

"......" Yang Chen was speechless, scratched his head and said: "I understand the general meaning of what you said, but how do I feel that your explanation is still too academic, can you not give an example?" ”

The three of them looked at each other again and found that the person in front of them was not an ordinary financial idiot, but indeed a master who only knew how to pay for things.

"Sir, let me explain it to you." Su Yasi interjected and smiled: "I use the real estate industry in country M to explain to you, in country M, in addition to banks, there are also some financial companies that will carry out housing loan business, these financial companies will only lend to high-quality borrowers who have the ability to repay at the beginning, but with the gradual rise in housing prices, they find that lending to some lenders who may not necessarily have the ability to repay can also create benefits, because even if the borrower cannot repay the loan, they can still make money by selling the borrower's property, so they will lower the threshold and lend a lot, It further caused a false boom in the housing industry, also known as the bubble economy, and these financial companies can not absorb deposits like banks, so they issue commercial securities to attract investors with the false prosperity of the housing industry, and then lend with investors' money, so that the bubble is getting bigger and bigger for a long time, once investors withdraw their capital on a large scale, it will cause a recession in the housing industry, and then cause housing prices to fall, the consequence of falling housing prices is that borrowers find that their houses have become negative equity, so they choose not to pay back. When financial companies fall in housing prices, they will find that selling off the lender's house cannot make up for the shortfall, and when a large number of lenders do so, the financial crisis of the housing industry comes. ”

"Oh! I see. Yang Chen showed a clear look, but then said a little confused: "But what does this have to do with the international financial crisis?" ”

The three economists couldn't help laughing, and Su Yasi continued to explain: "At present, the economic situation of European and American countries has actually been running in a sick state, just like the housing industry lending in country M, the citizens of these countries are accustomed to early consumption and have no concept of savings, and the premise of early consumption is naturally borrowing, such as the use of credit cards, excessive spending, consumption and investment patterns have created a false prosperity similar to the real estate industry in country M, and the false economic prosperity has given birth to high national welfare. Once investors withdraw their capital on a large scale, the consequences will not only affect a small real estate industry, but also a national and global economic crisis. ”

"Oh! I see. Yang Chen looked clear again, and then said suspiciously: "Since you all understand this truth, it is impossible for these countries not to understand, right?" Why not stop this pathological consumption? ”

Su Yasi said with a smile: "This is related to the system of European and American countries, knowing that there is a problem, but in order to please voters who are accustomed to high welfare, for the sake of votes, no one will reduce the high quality of life of voters' transitional consumption, but will find a way to please, the consequence of this is that when the financial operation is difficult, these countries will not hesitate to launch wars of aggression, or take economic suppression measures against other countries, and squeeze and seize the wealth of other countries for their own citizens to continue to squander." ”

"I see." Yang Chen nodded, and now he finally understood why those financial giants would have a global financial crisis once they collected funds on a large scale.

He thought for a while, and then asked another question, "Presumably, after the financial crisis, it will also affect the economic interests of those financial giants, will they really let this situation occur?" ”

Su Yasi explained: "This is actually a conceptual problem, there is a term called 'seize market share', short-term economic losses are not real economic losses, as long as they confirm their market position and control the market discourse, for those financial giants, the previous losses can be recovered quickly, and the really unlucky people are always the people below, who cannot affect them." ”

Yang Chen muttered: "In other words, the reason why those big consortia are united is not to compete with the L family for money, but to compete for global market share. ”

"Not bad." Su Yasi said with a smile: "For ordinary people and those developing enterprises, the purpose is generally to make money, but for companies whose company size has reached the point of the L family and those big conglomerates, money is just a number, and it will appreciate and depreciate at any time, but the earth is only so big, and the resources are only these, what they want to seize is market share, seize the right to speak in the market, and achieve this purpose, those small companies are working for them, and the life and death of small companies are under their control, just like a country." Countries are also competing for the right to speak in the limited space of the earth, and a rising country has gained more right to speak, which will inevitably affect and deprive other countries of their right to speak. ”

Yang Chen nodded, and Huo Ran raised his head and asked, "If this financial crisis is really formed because of this, how can Qingtian Group gain benefits?" ”

After understanding the previous one, now is the focus of his concern.

Sang Er quickly interjected: "After the financial crisis is detonated, it will inevitably affect investor confidence and follow the withdrawal, and there will be many business difficulties in the world, and this is the time for Qingtian Group to seize the opportunity to seize market share at a low price." ”

Yang Chen frowned and said: "If this is possible, other companies are afraid that they will do the same, which round will get the Qingtian Group?" ”

"That's the value of Mr. Yao's existence." Sang Er smiled: "If other companies dare to take advantage of the fire at this time, I am afraid that they will be killed by the confrontational giants with a little finger, but if Mr. Xiaoyao can exert a certain balance of influence and continue to let those giants cast a mouse bogey, it is a God-given opportunity for Qingtian Group, in short, try to drag them as much as possible, don't detonate their confrontation, and don't let them go, the longer we drag on, the more beneficial it will be to Qingtian Group." ”

Yang Chen frowned, touched a cigarette and lit it, and after two sips, he said: "Although I don't understand this, I know that Qingtian Group must need a large amount of financial support if it wants to seize the global market share, and it is ...... with the financial resources of Qingtian Group" He shook his head and sighed: "Where is the money?" ”