American Fortune Life
Chapter 904: U.S. Subprime Mortgage · Global Pay
"A ghost, the ghost of Smith, wanders in Europe."
A passage from the airport lobby made Andy Smith completely steal Soros's limelight, and the horrifying ghost of the financial storm he predicted once again appeared at the most frustrating moment.
In the past few days, the United States economy has shown a tendency to "become full of wind and rain". First, the White House threw out a package of economic stimulus packages. The White House and Congress have been eager to join forces to save the market. Then the Fed unexpectedly cut interest rates sharply just one week before its routine decision-making meeting. With the credit crisis, the deterioration of the real estate market, retail fatigue, and the stock market's plunge, the US government ’s fiscal and monetary policies have played a role in soothing the market, but it has also produced expectations that a recession is coming. effect. The ghost of panic wandered the market.
When Andy's convoy entered the designated hotel of the Davos Forum, his words at the airport had passed into the ears of all the dignitaries and business elites of Davos town waiting for the conference to open.
Doubt, quarrel, panic, calm, optimism, despair. . . Collected here for a while, now no one will simply ignore the views and judgment of Andy Smith.
At the end of 2006, the young writer who had not yet shown dazzling light, who had just emerged from the brink of corruption, stated on his blog: "The US economy will enter a recession next year, which may be accompanied by a collapse in US property prices And the depreciation of the dollar. "
Last year, the US subprime mortgage crisis broke out and has affected the world so far. A prophecy.
What's even more undeniable is that along with the economic crisis, the value of this American youth has soared again and again, and all investments are almost unfavorable. The prejudgment of the gold price has made a large group of believers earn money for his fans. Full bowl.
After the second half of 2007, there have been many people. No, many, many people are always following Andy Smith's Facebook update. Facts have proved that this genius has a strategic thinking and pre-emption far beyond ordinary people. Judgment, and a super investment vision.
Of course, most forces and nations attribute most of this credit to the think tank that Andy Smith started early. Now Gaia is also well-known. Otherwise, Alvitre would not be called Wall Street by Vulcan. .
Only Andy ’s people understand that their young boss is really great! The strategy is far higher than the think tank. The think tank plays a role more like Andy, they come to help Andy complete the problem, and when they finish the problem, they find that this question is the next test content.
In repeated successes, Andy established his prestige, and easily controlled the group of Jing Yings in the think tank.
In the hotel, Andy sat on the sofa and watched the TV report with a smile. He turned to the main advisers of the think tank sitting beside him and said, "Panic is what we are happy with, after all, time is limited. . "
Arvitelli smiled and looked at Li Xiaoying, who was sitting beside him. He also glanced at the big boss. There was no other sign when he saw the big boss. He said with a smile, "It's okay. After all, this time Wall Street and the Fed played this hand once If other countries find out early, our opportunities will be much less. To save the market, we must always let governments save it. "
Li Xiaoying's face flashed a faint stun, his eyes flashed with radiance, his gaze looked at Andy who was wearing a smile, and the two eyes were opposite. Li Xiaoying didn't taboo and asked directly: "This The financial crisis really turned out to be a conspiracy. "
"Oh, conspiracy is not counted. In fact, many people have already seen it, but everyone is profitable. No one stands up and talks about it. Besides, even if it is, it is useless. This is the general trend!
If everyone wants to make money, they can only take advantage of the trend. The subprime crisis is just a reason for you. The real problem is the double deficit of the US economy, the trade deficit and the fiscal deficit. After the subprime crisis broke out and worsened, the US dollar was logically continuous. A substantial interest rate cut has created conditions for fundamentally reducing the "double deficit."
This is also after the exposure to the subprime mortgage crisis, Wall Street wants to reshuffle, the Federal Reserve and Washington have to solve the deficit, and take advantage of it. As for the global financial turmoil, who cares! "
Who cares, let Li Xiaoying's hair on the back stagnate, and her expression changed slightly, and she calmed down. Andy was right, let alone a person. Now any country has to deal with the crisis with all its strength. I believe that the economic talents of these countries will not see through the conspiracy of the United States, but it is useless, because all countries, including the United States, are well aware that it is the US dollar's international currency status that grants the United States the privilege of gaining nothing and neighbours.
"Don't they worry that the status and credit of the dollar in the world will be challenged and threatened?" Li Xiaoying's question seemed naive, but it was actually a question of many people.
"Fight a war! Start another war and shock the world!" The speaker said, holding a purple handkerchief and gently wiping his glasses, Alvitre, with a clear voice and a very natural explanation.
Andy shrugged from a little stunned Li Xiaoying, lowered his erected Erlang's legs, stood up from the sofa, and looked at Li Xiaoying with a sublime smile: "We can't manage the war, but how much we can eat this feast It's up to us! "
"It makes sense, now that the one-sided US dollar crisis theory, which induces foreign investors to reduce their holdings of the U.S. dollar excessively, is probably what the United States would like, and it is almost equal to a bargaining opportunity. This is to achieve the United States plan to eliminate the fiscal deficit in 2012 It is in the interest of the United States to restore the surplus, substantially reduce the trade deficit, and create the necessary financial market conditions. It is in the interest of the United States. Only when the "double deficit" is completely out of the way will the US economy enter a new period of development , And then maintain the most core value of the US economy-the competitiveness of the capital market, this is the national strategy of the United States! "Li Xiaoying, with a slightly frowned eyebrow, slowly stretched out, looked at Andy's smile, and said her Judge.
"Oh, Al, what do I say, Emily is also a caring person!"
Little assistant Tory Black hurriedly came over, holding a tall dark blue coat, helped Andy put it on, tidy up his collar, dragged the hem, and after confirming that there were no folds, Andy turned back and said to Al and Li Xiaoying: "Let ’s go, It's time for the opening ceremony, let's hear how the big brothers solved the economic crisis! "
As a ski resort, Davos is covered in white this year. At last year's Davos annual meeting, there was almost no snow here, which caused participants' concerns about global warming.
The performance of the global stock market since the beginning of this year reminded the participants that the US subprime turmoil is expanding and the global economy is at risk of slowing growth or even falling into recession.
The conference officially opened at 12 noon, Andy looked at the seven co-hosts of the annual meeting on the podium with an expression of calmness, and listened to the master xi, Klaus Schwab, explaining the conference. The main topic.
Issues such as global warming and poverty eradication will remain the theme of the Davos Annual Meeting, but global financial markets and the role of the United States in the future have been included in the agenda of the Davos Annual Meeting.
To be honest, Andy doesn't think that Davos Forum can solve any specific problems, and perhaps there are thousands of people present who don't think they can solve anything.
The Davos Annual Meeting is indeed intriguing. Why do many government leaders and business owners attend the conference almost every year?
In Andy's opinion, this is mainly because "they identify themselves as part of this group." However, for these politicians and entrepreneurs who are well-received, attending the meeting naturally will not return empty-handed. Not only can they show their image, they can also make friends and learn some advanced ideas.
Although we cannot expect this gathering of Jingying from all walks of life to solve all the difficult problems, the interaction process of "this group" itself is also a promotion to specific world issues and specific specific areas.
To put it bluntly, it is useless to be useful, it is also good to see the world, and to chat with people with similar status and value, eat, brag about it, maybe they can get some inspiration or new ideas, and maybe even give birth to A brand new business model has even created a brand new industry. . .
Andy was a bit boring, but Li Xiaoying at her side did not think that the role of the Davos Forum was so unbearable. In her opinion, the biggest role of the Davos Summit was to gather people who needed to communicate but usually did not meet. Together, discussing issues together during continuous debates, seminars, dinners, and relations, can help to find ways to solve the world's biggest challenges.
But what both Andy and Li Xiaoying did not expect is that for the few female Xing participants, it is still a beautiful Chinese woman, and more importantly, sit with Andy Smith, a young and wealthy young man, from time to time Li Xiaoying, who also talked intimately, attracted a lot of multimedia attention. The media of the Rabbit Kingdom was frequently aimed at a beautifully dressed and elegant Chinese-American woman. With the news reports in China, Li Xiaoying was on the Internet.