On June 1, Bales, the fifth largest investment bank in the United States, finally died after the collapse of two hedge funds, and was successfully acquired by Baiheng Group, and then Citigroup, Merrill Lynch, ********, UBS, etc. have successively broken out huge losses, the United States stock market plummeted across the board, affected by the subprime mortgage storm, Hong Kong stocks fell.

On June 3, the European and American stock markets plummeted across the board, on June 8, the United States real estate trust investment company filed for bankruptcy protection, on June 10, the global stock market fell across the board, the stock market was a green serious blow to the confidence of shareholders, investors are not expected to expect the future economy, investment confidence is insufficient, more and more let the stock market fluctuate, on June 11, Western Europe, island countries, North America and other countries around the world central banks injected more than 320 billion yuan within 48 hours to save the market, unable to prevent the spread of the subprime mortgage storm, investors' panic began to spread.

Only in the first half of 2006, the unemployment rate in the United States hit a record high, the number of unemployed was as high as 700,000, the global economy shrank by one-third, the foreign trade of various countries shrank by three percent, minerals and oil prices plummeted, and many automobile production workshops appeared in the scene of employees gathering and chatting, because the production of cars could not be sold, and the inventory was too much.

Global economic integration, the subprime mortgage crisis will also affect the Kingdom of Papua New Guinea, coffee, cocoa, palm oil and other cash crops, tuna, lobster and other fishery resources, oil, copper, iron ore and other mineral resources, mobile phones, computers, automobiles and other industrial products exports declined, the top 10 oil exploration companies in the Kingdom of Papua New Guinea in terms of total assets lost more than 5 billion jinna, and the sales of fantasy mobile phones, fantasy computers, super cars, super civil aircraft, and super military industry fell sharply.

However, these have not affected the industry of the Wangzi Committee, firstly, the Dream Group, the Super Energy Group has superior products, with the irreplaceable advantages of other similar products, and secondly, the Wangzi Committee is not short of money, the company has sufficient funds, in the global black storm panic, the Dream Group with strong financial strength, began a new round of expansion, low-cost purchase of foreign fixed assets, the acquisition of the company's enterprises.

One of the most eye-catching is that the dream group took over Dubai's three unfinished projects, two palm islands, a world's tallest building, as the pearl of the Middle East, Dubai can be said to be a gathering place for the rich, casually on the street, you can see countless luxury cars worth tens of millions, if you are lucky, you can also see Dubai's luxury police supercar, gold on the street, just hit a few people and touch porcelain can meet the rich, smash you hundreds of thousands.

But it is such a country, there is a debt of more than 50 billion meters, all the huge projects in progress have been suspended, the Kingdom of Dubai has been exhausted, so that the dream group can take advantage of the opportunity, Dubai has a special geographical location, rich in oil resources, will not be exhausted in the next few years, this investment is definitely not a loss.

In addition, Dream Group and Super Energy Group have wantonly compressed the living space of other companies with similar products by virtue of product advantages and price advantages, mergers and acquisitions, bankruptcy and bankruptcy, and Jiang Qingyan has not let go of the office buildings of those bankrupt companies.

In the United States, the kingdom of funds can not enter, Baiheng Group successfully acquired Bear Stearns, the largest cinema in the United States Emperor Entertainment, the second largest cinema AMC, making Baiheng Cinema become the largest cinema in the United States and even the world, Hollywood films are released to see the eyes of Baiheng Group, through the subprime mortgage crisis, Baiheng Group successfully set foot in the financial industry, real estate, press and publishing, banking, retail and other industries, by the world financial magazine called "miracle worker", "crazy expander".

Under the instruction of Zhang Yifeng, Baiheng Group purchased large farms and pastures in the United States to meet the food needs of the PNG Kingdom and the wasteland world.

Throughout June, Dream Group, Super Energy Group, and Xiaguang Media were immersed in the joy of the harvest, and they couldn't stop at all, Zhang Yifeng, the shopkeeper, was driven by the three of them in turn, forcibly pulling Zhuang Ding, and helping them deal with the company's affairs, but fortunately, the kingdom has a cabinet and a military alliance to support him, and he will not be too busy.

At the beginning of July, the Wang Assets Supervision and Administration Commission counted the value of its industries.

"Eight hundred billion gold dollars?" Zhang Yifeng was shocked.

"Dumbfounded, huh?" Jiang Qingyan asked with a smile, don't say it's him, even Jiang Qingyan herself was startled, the expansion speed was too fast, so that the value estimation couldn't keep up, and when she looked back, she found that the assets of the three enterprises alone were already rich enough to rival the country, and the GDP of the PNG Kingdom last year was only 30 billion gold.

"My dear, we're the richest people in the world." Jiang Qingyan sat on Zhang Yifeng's lap, wrapped her hands around his neck, and said coquettishly.

Money, no one will be too little, Zhang Yifeng still has 100 billion gold in his hand unused, and the humanoid robots of the Wang Assets Supervision and Administration Commission have long opened their eyes wide, paying attention to the fleeting opportunity to make money in the subprime mortgage storm, this opportunity is almost like a storm.

July is synonymous with heat, but 2006 has taken on a new meaning.

Black July.

The subprime mortgage crisis intensified, and Wall Street as a whole fell into a liquidity crisis. In mid-July, the real estate mortgage giant "Two Houses" suffered a huge loss of $70 billion and was finally taken over by the United States government. As the largest automobile manufacturer in the United States, the stock price of General Motors fell to the lowest level in more than 50 years, and the bankruptcy crisis loomed.

In late July, Lehman Brothers, the country's fourth-largest investment bank, fell into a serious financial crisis and filed for bankruptcy protection, and the company's office buildings and other fixed assets became the pockets of Baiheng Group. Merrill Lynch continues to be acquired by Baiheng Group. Three of Wall Street's top five investment banks have collapsed.

The bankruptcy of Lehman Brothers has completely crushed the confidence of global investors, and the global stock market, including China, has continued to plummet, especially in Europe, where many well-known financial institutions have frequently reported emergencies, and the exchange rate of the euro against the dollar has fallen sharply.

In early August, the Huaxia Information Office announced to the outside world that it would invest 4 trillion yuan in infrastructure construction, medical care, and education in the next 10 years.

When this bombshell news broke, the world was in an uproar.

Immediately afterwards, Croft answered reporters' questions after the cabinet meeting, saying that the PNG Kingdom will invest 80 billion gold in transportation construction, medical security, urbanization, informatization and other infrastructure and people's lives closely related to the field, the Federal Reserve has introduced four rounds of quantitative easing, through the purchase of a large number of asset-backed securities, the sale of treasury bonds, to inject liquidity into the market. Countries around the world are working hard to curb the spread of the subprime mortgage crisis, and of course, it will take a long time for the economic situation to improve.

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