American Fortune Life

Chapter 888: Knockout, then Knockout

A small venue at the Davos Summit site, centred on two face-to-face people sitting on the sofa in the middle of a roundtable, filled with viewers, including media journalists and elites from all walks of life, as well as some financial experts, was crowded with about four or five hundred people.

“While there is still disagreement as to whether the United States economy will move towards recession, there is a general consensus on a possible slowdown in the United States economy and the belief that the global economy will slow down as it is affected by the United States economy. ”

Andy leaned lightly and comfortably against the sofa, his elbows resting on the sofa armrest, his fingers crossed in front of him, and talked to Jeremy Parksman, famous for “torturing” guests on "News Night," the UK's most powerful BBC news talk show.

“As you said yesterday, the Fed's emergency rate cuts were market-driven and likely worse, do you agree with Mr. Soros that this Fed rate cut seemed panic? ”

Andy smiled and shook his head: “Quite the contrary, in the face of uncertain economic prospects in the United States, how can a small flying shoe government that has never advocated interference in the economy and the Fed, which has always stressed inflationary risks, dare to change its mind? Exactly to contain panic.

Panic is a dose of "poison” for the market. It was the panic of the market over the economic prospects of the United States that led to the rare downturn in financial markets for many years. This concern is currently the dominant force in the global market.

January 21 coincides with Martin Luther King's Day in the United States, when the stock market closes. With the opening of the United States stock market on January 22, the downturn in the world's major stock markets is expected with widespread pessimism on the part of all.

The Federal Reserve's unexpected early interest rate cuts are intended to prevent this expectation from becoming a reality, further exacerbating the panic. From a realistic point of view, a week ahead of the interest rate cuts has no real xing significance.

From a psychological standpoint, however, this has served to restore market confidence, avoid the spread of panic and stabilize consumer sentiment. Subsequent depressions in U.S. equities and successive rebounds in major global equities suggest that the Fed's amazing move has served to show the world that the U.S. Central Bank is acting. ”

Jeremy Parksman couldn't help but smile, “If the purpose of the rate cut has been achieved, why do you think it would make things worse? Isn't that a contradiction? ”

“Oh, not paradoxically, the Fed's initiative seemed market-friendly, injecting a lot of liquidity into the financial system, but it could drive another bubble economy. I'm worried that the Fed's emergency rate cuts just took us from one bubble to another. ”

“What about Europe? How do you view the European Central Bank and the Bank of England's watchful attitude? Do you really think Europe will be affected by the subprime mortgage crisis in the future, and the economy will start to recede? ”

“Europe is unlikely to be immune to the impact of the global economic slowdown. It is expected that the European Central Bank will follow the Fed in the near future with interest rate cuts after maintaining interest rates unchanged for several consecutive months. In a globalizing world of economies, the Fed's initiative should be echoed by the central banks of other industrialized countries if the game against panic is to be won.

And I'm going to make it right. I never said America and Europe would be in recession!

To be honest, when the U.S. economy reaches a crossroads of recession or slowdown, I choose optimism, and the outlook for the U.S. economy is still good, but it will slow... “

“But all of us know that you're empty of America and Europe, so what do you say? ”

“Of course it's to make money, the big trend, I'm just a poppy, I can only do it smoothly, I can't go without my own strength to reverse the big trend, right? ”

Andy chose to shrug his shoulders and twinkle his innocent big eyes for adoration, making the audience and hosts laugh, then clap and applaud for Andy's candor.

It's true. Is it wrong to make money?

“Well, Mr. Smith, your frankness has left me a little to say, so can you predict when this subprime crisis will end? ”

Andy gave the other person a white eye and said, “God told me it would be a rather painful, relatively long time... ”

Ha-ha-ha...

The whole scene sounded again, but a lot of people laughed, but after laughing, the expression grew heavier.

“Mr. Smith, your answer will not be satisfactory to either the audience on the scene or the audience in front of the TV, and we want to hear your reasoning, and I'm sure a lot of people around the world want to know your point of view. ”

Jeremy Paxman's reluctance left Andy a little helpless. First, he shook his head with a cry. After a round of applause, his face slowly condensed, saying somewhat low: “With the impact of the subprime mortgage crisis continuing to spread to areas such as credit cards, auto lending and corporate credit, the recession facing the United States is likely to last for about three quarters. ”

“God, I almost believed you were a good man to worry about the people of Wall Street. Are you part of the Wall Street conspiracy? ”

At the end of the interview, Andy left the venue in a round of applause and blockage and sat in the car. Li Xiaoying looked at Andy's eyes with a different colour, but his mouth was groping without mercy.

“Does it matter if it's true? Besides, every word I say is true, and I don't want the market panic to be too serious... Cough, well, if you don't encourage encouragement, how can these governments throw money into financial institutions, really tighten the money bag, whose money are we going to make?

It's in our interest for the government to intervene directly. Banks or financial institutions applying for bankruptcy won't be able to get it until the government takes over! “

Andy's words stunned Li Xiaoying slightly, “Are you really going to buy the bank? ”

“Why not? My Watsop APP will be adding mobile payment functionality in the future. Without my own bank as a transit and clearing line, would it take days to refund, like Paypal? ”

When Li Xiaoying heard about mobile payments, his eyes lit up, but he quickly frowned and shook his head to persuade him: “The idea of mobile payments is very advanced, but there is a need for payment ports to pass through the DAO, and the most critical point is that after many years of cultivation and popularity of the American habit of using credit cards, it takes time and market education to switch to mobile payment methods. ”

“Wow, Emily, I'm liking you more and more, you're just my worm, I just said a name, you can understand and see the difficulty, shouldn't we have a hearty embrace for our hearts... ”

“Fuck off! Who's your worm? That's disgusting!” Li Xiaoying's beautiful face brushed red, biting his teeth and looking at Andy in front of him, opened his arms without anger.

Andy's phone rang while the two of them were in the car, and he took it out of his coat pocket and looked at it and picked it up. After a few words, he quickly hung up.

Reaching down the speaker on the seat armrest, he said to Kenny in the front row: "Go to Traditional House Restaurant! ”

Li Xiaoying reached out and gently caressed her hair on both sides of her cheek. Her pretty face was red and Xia. Andy whitened and asked: "Whose private luncheon is it? ”

“Rupert Murdoch! ”

“What?” Li Xiaoying confirmed, somewhat surprised. With a very unexpected look on his face, Xiaoying looked at Andy with a frown and said: “Why is he so anxious? Unless the threat of this eavesdropping event is so great that it could even cause the news groups to lose so much and shake their position, it seems that they must have touched so many taboos while using eavesdropping to get news that they want to solve your big problem quickly! ”

Andy looked at Li Xiaoying in the eyebrow analysis. The more he looked at that beautiful face, the more he really liked it. Genius Xuebian really wasn't a cover.

“Emily, you are a woman! Be my woman and I'll be good to you forever... ”

“Get out!”

Andy naturally knows very well that if he publishes all the information he has about the eavesdropping scandal, the news group will face the joint strangulation of the Anglo-American government. After all, the people who have offended the news group over the years are not half a dozen. Before, they were not caught in the grip. Many people can only bite their teeth and hate the news group and Murdoch. If Andy handed them the knife, this group would definitely tear the news group apart.

Murdoch had lost not only a century-old newspaper, but $12.5 billion in business to deal with the eavesdropping scandal in his previous life, and had been scolded by the public and besieged by various inquiries. Andy did not know what price he had ultimately paid to suppress the Anglo-American investigation, but it was definitely costly to know.

Li Xiaoying didn't know much about it, and could deduce these from Murdoch's invitation to dinner. Although this doesn't reflect how talented he is, this agile reaction speed is definitely far from ordinary people. Besides, since childhood, he has been a recognized genius. He didn't cross the Golden Fingers, he shrugged, and absolutely crushed Andy into slag.

Unfortunately, if not, Andy would have missed the genius Girl Scholar a long time ago, and he would have ridden this elusive rouge horse!