American Fortune Life
Chapter 867: Crying Pressure (Thank You Herrguo)
Since January, from Wall Street, the heart of U.S. finance, to major stock markets in Europe, to emerging markets in Asia, global investors and economic practitioners have scrutinized every economic data released by the United States.
Gaia, Wall Street, New York.
“ It is undeniable that the United States economy has begun to move into recession. Citibank Group released financial reports that the company's loss of $9.83 billion in the fourth quarter of last year was the highest single quarter loss in the company's 196 history.
Merrill Lynch released financial reports that it suffered a net loss of $9.91 billion in the fourth quarter of last year due to the subprime mortgage crisis, the highest single quarter loss record in the company's history. Prior to that, Merrill Woods had reduced the $14.6 billion in losses caused by the subprime mortgage crisis.
Housing starts statistics released by the United States Department of Commerce show that the number of residential and apartment starts in the United States last year was 1.353 million, down 24.8 per cent year-on-year, the second largest drop since 1980. ”
Andy leaned lazily on the boss chair and listened to his think tank's systematic analysis and reporting on recent economic developments in the United States, as well as economic trends and projections.
“The Federal Reserve may then announce a third rate cut, starting in September of last year, of 0.5 percentage points, reducing the Federal Fund interest rate, which is the interbank call rate, from 4.25 per cent to 3.75 per cent overnight. ”
“At the same time, I think the White House's tax cuts will accelerate the roll-out to stop the U.S. economy from continuing its downturn. ”
Andy nodded and threw the pen in his hand at the table, laughing: “The White House has determined that just these two days it will announce a $145 billion tax cut to sustain economic growth and create jobs. This stimulus package covers about 1 per cent of the United States gross domestic product. ”
Everyone looked at each other, naturally convinced of the boss's news, Alvitelli smiled and said, “Looks like the guys on Wall Street are almost ready to start detonating the bomb. ”
“Well, if it weren't for the core of the United States and the value of the United States and even the secrets of the United States on Wall Street, those idiots in the foot would have gone to Rockefeller Center and the movie company, the heavens would have been much smarter. Heard they'd just been in Morgen for $5 billion? ”
Alvitt's list was a little helpless, and he said, "Yeah, they did a pretty good job this time, including our president, who was a little helpless, and this time they might be the biggest winner, but on a smaller scale, I think it's just a test, and they might try to get into Wall Street by all means and means, comparing hundreds of Wall Street banks. ”
“Gentlemen, do you think I should pick a few banks to play in this storm?” Andy smiled with a playful smile on his face and looked around at the people in the conference room.
“If the boss is serious, it's not necessary, but we need to get to the point and seize the moment, this time it's the big crocodiles on Wall Street who are going to re-wash their cards, and we don't have much chance to get good chips through commercial means, but we can use the power of the government to start with some bankruptcy-protected local banks that they take over, and one bank, as the boss' fund clearing bank. ”
After a moment of silence, Al expressed support for Andy's proposal, but I'm afraid some of the good assets aren't their turn.
This subprime storm was actually an organized, planned and structured "Wall Street conspiracy”. As is customary, the Fed, which stands in front of the table, has cut interest three times since August 2007.
The Fed lending interest rate of 3% overnight borrowing is not much different from the rate after the previous two bubbles broke, which is just a reason to repeat, and the rate cut will continue until it drops to around 1%. Subtracting technical factors, this is almost zero interest rate policy, with the aim of masking the consequences of this bubble rupture with the colour of a new round of bubbles, by issuing large bills, causing a greater depreciation of the dollar, expanding United States exports, passing the crisis on to others and stimulating the transfer and growth of services internally, especially the core of services, and financial services.
“By the way, Al, how's our rocket maniac?” Andy stopped talking about the bank in real time, and the bank couldn't rush things, so you had to be patient if you wanted to pick Guarau.
“Conditions have told him that I believe other shareholders will make the right choices, even if he is a little unhappy. ”
“Oh, Al, don't be so confident, maybe the rocket maniac will throw his only asset into the company and support it.” Andy, to be honest, is admirable for the willpower of the dreamer, no matter how bragging this Elon Musk is, but the willpower is truly beyond the ordinary.
“ Well, maybe it's really possible, so, boss, why don't you give him a light, and when the boss leaves later, I want you to answer the puppies' questions. ”
Everyone in the conference room couldn't help but smile, knowing that their boss was going to reveal information about the malicious takeover of Tesla so that all the shareholders of Tesla wouldn't let that Elon Musk hide the news that someone was willing to bid on the takeover of the company and leave the shareholders in the dark.
“How come the negotiations between China Railway are not over?” Andy nodded, sort of agreeing, but when he saw the next topic on the tabletop, he frowned.
“This time it's not our problem.” Al couldn't help but laugh and explain: “This time we have been hit by paranoia. A group of Donkey Party people in Washington are pushing for a trade sanctions bill against the rabbit country. The China Railway Negotiating Team suddenly asked for an extension before signing the contract and hinted at our fears that once such a bill to undermine the trade between the two countries was passed, cooperation would take place. ”
“Cough...” Andy's expression on his face was incredible, choked directly by a spit, well, he also enjoyed the means of the rabbit country, and some of his anger said, “What about the lobbying group outside the yard? He's meowing! ”
“Boss, this is different, this time the new generation of the Donkey Party will put stronger political pressure on it to take action. Many first-time congressional donkey parties believed that their own victory in the 2006 elections was due to the anti-trade stance they maintained in the campaign. Pending the first re-election test this fall, they are eager to push for legislation to punish the Rabbit State. ”
“Damn campaign year, the White House side won't agree, forget it, it seems impossible to lobby, you told the Chinese Railway people that since the terms have been negotiated, sign the contract as soon as possible, as far as they are concerned, you tell them, I know, there will be no unpleasant things happening in the trade between the two countries. ”
At the end of the meeting, Andy went back to his office and picked up his phone and called Pete Kaplan of The Observer.
“Pete, let's dig deep into Donkey Party Congressmen Tim Ryan and Sundry Levine, and like Party Congressman Duncan Hunt, the weather counts... ”
Andy bites his teeth and says, "Aren't you going to pull the ballot, Nima, to get in the way of his fortune, and then the ballot, and they stink first?"
Hanging up the phone, Andy was also a little crying. He enjoyed the means of heavenly pressure, jamming his neck. This Nima was speechless, but from another angle, Andy Smith hung up over there and became a card in their hand. I really don't know if I should be happy or throw up.
As you walk out the front door of the Gaia building, those puppies chasing Andy don't forget to hold the camera and press the shutter.
“Mr. Smith, I hear you're interested in the nearly bankrupt Tesla electric car and want to acquire it? ”
Just like every day paparazzi ask questions, people get used to not hearing the answer from Andy Smith, who never gave them a good look, just ignoring it.
“Hmm?” Andy said slowly, frowning back and looking in the direction of the sound, softly and unhintingly, “Your message is intelligent enough! ”
The paparazzi were so excited to be here right away, Nima, that this dead ice cube finally responded.
“So the news is true, Mr. Smith, that a lot of people have questioned Tesla as a company with a family scam... ”
“Elon Musk can only brag... ”
Andy flipped a white eye and was so unfriendly to these snot-nosed guys.
“The reason I intend to take over the bankruptcy of Tesla, energy, environmental protection, is that life is inherently an adventure, and I think it's the focus on building the big picture of future development that counts.
There is no precedent for what Tesla is trying to do, and there is no road map for future development. I have the will and the funds to try to create a reality myth that looks like Heavenly Night Tan, and I am willing to make some substantial changes in human life... ”