Extraordinary Genius

Chapter 1716: Full outbreak (subscription)

The country’s mortgage-backed investment company filed for bankruptcy protection. This is the second largest financial institution in the country after the New Century Financial Corporation.

And followed by, the fifth largest investment bank in the country, Bear Stearns announced that its two important fund companies closed down.

Then on the European side, banks such as Germany and France or investment institutions have announced that they will freeze their funds to participate in the investment in the rice mortgage market. On the Asian side, banks in the island countries and South Korea have also announced losses in the rice market.

This has not caused too much panic in foreign countries, because the losses of banks in Asia and Europe can still bear, and it does not necessarily affect the main body.

However, the country of the country is not going to work. No major investment banks have been damaged. Even enterprises like Wal-Mart have suffered huge losses.

As the world's number one retail giant, Wal-Mart has a huge amount of daily transactions, and there is a large amount of cash stranded. This money must not allow it to stay on the books and take out investment. This is the most correct way of doing business. .

Therefore, under Wal-Mart, there are also credit companies, which has led to huge losses for Wal-Mart's credit companies.

At this time, the rice country was obviously unable to hold back. The Federal Reserve Bank began to inject more than two billion dollars into the bank to save the market.

It is a pity that more than two billion dollars is nothing to do.

Europe has prepared 750 billion euros to save the market, and the island country has prepared trillions of yen to save the market. But what surprised many people is that China, which is also a big creditor country of the country, has silently said this.

These bailouts have spurred financial markets. Many people are rumored that the financial market in the country will collapse, and it will spread to the major financial markets around the world. Europe and Asia can't escape.

In the past two days, both the stock market and major futures markets such as gold and crude oil have fallen across the board.

Just a few days ago, it broke through 80 dollars of crude oil, and this time it fell below 80 dollars. Fortunately, Feng Yu has already re-hedged.

What's more, Feng Yu bought the price of these contracts, but only fifty dollars. Now that the crude oil has fallen a little, they just lost a little profit and still have a high profit.

The Dow Jones originally rose to an index of more than 14,000 points, and plunged into the water for two consecutive days, falling more than three percent.

Inevitably, the stock indexes in Europe, the island countries and Xiangjiang have all fallen, and even the stock indexes in China have fallen.

It is really not blown by the influence of the country on the world economy. The country issued a large number of national debts, especially during the political axe of Xiaobu 10, they also launched a war to teach Afghanistan in the name of anti-terrorism, so that many countries in Europe and Asia have become their creditors.

The more countries with fast economic growth, the more they buy their national debt. Countries such as China and the island countries with high foreign exchange reserves have astronomical figures.

At this time, why did the country not send too much rescue plan, and the reserve bank of the country’s reserve bank was less than one-sixth of the European side.

Because there is another trick in the country, it is the political axe bankruptcy. Those national debts, I don’t know when it will be realized. Of course, if the political axe goes bankrupt, the loss to the country will be enormous. Any one of them will not easily make such a decision.

Moreover, the issue of the national debt of the country is huge, but 60% is inward. In other words, it is the investment institutions and nationals of the country that buy more foreign currency bonds.

The country is only a threat to Europe and Asia. You are pulling me, or if I am bankrupt, your previous investment may be drowning.

Of course, they also threaten China. It is a pity that China does not care about this. If you dare to go bankrupt, I will recognize those national debts that have become waste paper, and see who is losing.

The more economically developed, the greater the bankruptcy loss. Just like when China was poor and white, it was not the same as anyone who was fighting. Everyone went backwards together, but you definitely retired more than me.

Although they hurt each other, I broke a finger, and you broke a wrist. Who is worse?

Huaxia’s political axe is also seen. The subprime mortgage crisis in the country of Mi, as it seems to be a subprime mortgage storm, will inevitably lead to a serious economic crisis. I have money, of course, to stabilize the domestic economic situation and control your foreign life and death. It.

The economic conditions in Europe are good, the debt is much higher than ours in China, and they are definitely more nervous than us. This kind of saving thing is still to let the capable people get better. We have not taken the opportunity to go down the stone, it is already kind enough.

You see, there is a problem in your financial market. Isn’t our side affected as well?

China's stock market is also falling at this time, but it is far less fierce than its predecessor, because it has already hit a round before, and many investments have returned to rationality.

Some of the stocks that have risen in the past are very fierce, and many of them have been fired. After the world was dealt with by the top, the stock market has long since retreated to the highest heat. Now it is only over 4,000 points, less than the previous generation. Nearly one-third.

Therefore, although the China stock market is affected, the decline is not so large, and China has a lot of funds to stabilize the market.

The same is true of Xiangjiang. Although the damage is not small, it is much better than the previous life. Two months earlier, Fu Rongqi predicted that the stock market would fall, so many stocks were sold.

At that time, famous investors such as Buffett also sold a lot of stocks in the Xiangjiang market. In fact, the stock market of Xiangjiang had not grown much.

At this time, the Asia-Pacific Central Bank also announced that the injection of funds into the banking system is mainly to ease the economic pressure of banks in these countries in Southeast Asia.

However, Hua Xia Bank has not been affected at all. They have sold off the mortgage bonds of subprime loans at the request of the top. Although the profits in the second half of last year and the first half of this year were relatively low, this is the subprime mortgage storm, but it has an impact on them. Dropped to a minimum.

Even the rice country bonds that these banks originally purchased have quietly sold a lot, so the Chinese national debt held by China at this time is much less than this time.

The crisis of the transfer of the country, at least, has a much lower impact on China.

The world has suffered heavy losses due to the subprime storm of the country. Many experts predict that this may affect the overall economic development. Perhaps the global economy will be hit hard this year.

At this time, the global central bank has injected more than 400 billion US dollars to save the market because of this subprime mortgage crisis, and this number is still in an emergency climb.

When they reached the hole, they found that there were so many holes, so big.

Feng Yu looked at the news on the Internet, the corner of his mouth swelled up, the subprime mortgage storm came, and the profits of the futures market came! (To be continued.)