American Fortune Life
Chapter 885 U.S. Subprime Loans · Global Billing
“A ghost, Smith's ghost, wandering around Europe. ”
A passage from the airport lobby allowed Andy Smith to completely take Soros' head, and the horror of his predicted financial storm reappeared at one of the most frustrating moments.
Over the years, the United States economy has been experiencing a "stormy wind." First, the White House threw out an economic stimulus package, the White House and Congress were constantly preparing to join forces to save the city, and then the Fed cut interest rates dramatically, unexpectedly, just a week before its routine decision. In the context of the credit crisis, the deterioration of the real estate market, retail fatigue RUAN, and the sharp decline in the stock market, the US government's fiscal and monetary policy combined to provide some relief to the market, but also had the expected effect of "impending recession”. The ghost of panic wandered over the market.
By the time Andy's convoy had entered the hotel designated by the Davos Forum, his seat at the airport had reached the ears of all the dignitaries and business elites in Davos Township awaiting the opening of the conference.
Doubt, quarrel, panic, calm, optimism, despair... Now that we have gathered here for a while, no one will ignore the views and judgments of this young Andy Smith directly.
At the end of '06, the young writer, who had just climbed out of the bright edge of depravity, said on his blog: "The United States economy is going into recession next year, possibly with the collapse of United States buildings and the depreciation of the dollar. ”
Last year, the subprime mortgage crisis erupted in the United States, affecting the world to this day. Words in tongues.
More importantly, the economic crisis was accompanied by a spike in the price of this young American, with almost no negative investment, and predictions of gold prices filled a large group of believers in his fans.
After the second half of 2007, there were already a lot of people, no, a lot of people, who were constantly following Andy Smith's Facebook update, and it had been proven that the genius rich man had strategic thinking and predictions far beyond the ordinary man, and an incredible investment perspective.
Of course, more forces and nations attribute much of this credit to the think tank that Andy Smith started early on, and Gaia is now famous, otherwise Alvitelli wouldn't be known as the Fire God on Wall Street.
Only Andy's neighbors understand that their young boss is a real coward! Strategies are much higher than think tanks. And think tanks work more like Andy's questions, and they help Andy finish it, and when they finish it, they realize it's the rest of the exam.
In a single success, Andy built his prestige and easily managed the think-tank group of JING British.
At the hotel, Andy sat on the couch, watching the TV report with a smile on his face, turning to some of the main advisors in the think tank sitting beside him and saying, “Panic is what makes us happy. After all, time is limited. ”
Alvitelli smiled and looked at Li Xiaoying sitting next to him. He saw the big boss without any other indication. He said with a smile: "After all, this time Wall Street and the Fed play this hand, if other countries find out early, our chances will be much less. Save the city and let governments stay alive. ”
Li Xiaoying's face flashed slightly, his eyes flashed with a different color, his eyes looked at Andy with no smile, the two eyes were opposite, Li Xiaoying did not taboo anything, and asked directly: “This financial crisis is indeed a conspiracy. ”
“Oh, the conspiracy is not very good. In fact, many people have seen it, but everyone is profitable. No one comes forward to say it. Besides, even if it is, it is useless. This is a great advantage!
The real problem is the double deficit in the US economy, the trade deficit and the fiscal deficit. After the outbreak and deterioration of the subprime loan crisis, the dollar has been rationalized in successive drastic interest rate cuts, creating the conditions for the fundamental xing to reduce the "double deficit”.
It was also after the exposure to the subprime mortgage crisis that Wall Street wanted to reshuffle cards, the Fed and Washington had to solve the redneck, just by the way, and as for the global financial storm, heh, who cares! ”
Who cares, let Li Xiaoying's back of the sweat have to be pierced and calmed down after a slight change of expression, Andy is right, don't say anything personal, it is now that any country has to deal with the crisis fully, she does not believe that the economists of these countries will be able to see through the United States conspiracy, but it is useless, because all countries, including the United States, are well aware that it is the international monetary status of the United States dollar that gives the United States the privilege it earns for nothing and the means of neighborhood.
“Don't they fear that the international status and credibility of the United States dollar will be challenged and threatened?” Li Xiaoying's questioning, seemingly childish, was actually a question of many people.
“Go to war! Launch another war to deter the world!” Speaking, take a purple handkerchief and gently wipe your glasses with Alvitelli, the voice is clear and the slightest tone speaks for itself.
Andy shrugged his shoulders from Li Xiaoying, who was a little dazed. He put down his curly Jiro leg and stood up from the couch. Some of them stood high and watched Li Xiaoying smile: “We can't handle the war, but this feast, it depends on how much we can eat! ”
“It makes sense that the current one-sided dollar crisis theory, which induces foreign investors to overhold the dollar, may be something that the United States enjoys, almost amounts to a chip wash. It is in the interest of the United States to realize the plan of the United States to eliminate the fiscal deficit and recover its surplus in 2012, as well as to drastically reduce the trade deficit, create the necessary financial market conditions, and work towards stabilizing the United States dollar. It is only when the" double deficit ”is completely lifted that the United States economy will enter a new period of development, thus maintaining the competitiveness of the capital market, which is the most central value of the United States economy, that is its national strategy!” Li Xiaoying Dai frowned slightly, slowly and comfortably, looking at Andy's smiling expression, said his judgment.
“Oh, Al, what can I say, Emily is also a man of heart! ”
Little assistant Tory Blake hurried over with a pencil and a dark blue coat to help Andy put on, tidy up his collar, dragged his clothes, and confirmed that there were no wrinkles, and Andy turned to Al and Li Xiaoying and said: "Come on, it's opening time, let's hear how the big men solve the economic crisis! ”
As a ski resort, Davos is all over the place this year, and at last year's annual meeting in Davos, little snow was seen, raising concerns about global warming.
The performance of global equity markets since its inception this year suggests that the US subprime mortgage storm is widening and that the global economy risks slowing down or even falling into recession.
The General Assembly officially opened at 12 noon, and Andy looked softly at the seven co-chairs of this annual meeting on the podium, xi, and listened to WEF host xi Klaus Schwab on the main topics of the Conference.
Issues such as global warming and poverty eradication will remain the subject of this annual meeting in Davos, but global financial markets and the future role of the United States in it are on the agenda of the annual meeting in Davos.
To be honest, Andy had no idea what the Davos Forum could solve, and perhaps thousands of people in the room had no idea what could be solved.
The Davos Annual Meeting is truly intriguing. Why do many heads of government and business owners attend almost every year?
In Andy's view, this is mainly because “they identify themselves as part of this group”. However, for these politicians and entrepreneurs, it is natural not to come home empty-handed, not only to show their image, but also to make friends and draw on some advanced ideas.
While this gathering of jing-young people from all walks of life cannot be expected to solve all the difficult problems, the interactive process of “this group” itself is also a contribution to specific world xing issues, specific areas.
To be honest is to ignore the usefulness, it's good to see the world, and chat with people who are about the same price, eat, brag, maybe get some inspiration or new ideas, maybe even create a brand new business model, even create a brand new industry.
Andy sounds a little bored, but Li Xiaoying next door doesn't think the Davos Forum is so bad, and in her view, the biggest role of the Davos Summit is to bring together people who need to communicate, but usually don't meet, to discuss issues together in a series of debates, discussions, dinners, and pull relationships that can drive the search for ways to address the biggest challenges facing the world.
But what Andy and Li Xiaoying didn't think of was that for the already few female xing participants, a beautiful Chinese woman, and more importantly, Andy Smith, a powerful young rich man sitting together, occasionally intimately talked to Li Xiaoying attracted a lot of media attention, the rabbit country's media frequently targeted fashion costumes, elegant and soft Chinese beautiful women, with the news in the country, let Li Xiaoying get on fire on the Internet.