American Fortune Life

Hanging up the phone, Paulson pinched his nose, frowned and picked up a document on the front desk and looked seriously again, a comprehensive plan to help financial institutions strip bad assets.

He will travel with Bernanke to the White House to attend the meeting of the Presidential Financial Markets Working Group in a few moments. For the second time in three days, they met with the President and asked him to support radical and unprecedented interventions in the United States financial system.

The government intervenes and buys toxic assets directly from bondholders, thereby restoring their balance sheets and sustaining credit extensions!

The $500 billion cost, this is just an estimate, looking at the numbers given by the subordinates, at this moment Paulson had a bitter smile on his face, and his heart was unusually helpless, and it was conceivable that when he presented the proposal to Congress for approval, those big gentlemen in Congress would definitely drown him with spit...

Wall Street after the tremendous wave of finance, now adheres to the golden principle of "No news is good news”. Treasurer Paulson intended to set up an institution similar to a trust company, and the news that he was paying for bad debts to financial institutions came out almost immediately after the meeting, followed by a huge rebound of the three major US stock fingers.

And Andy, sitting in the air and flying in the palace, received details of the meeting of the White House Financial Markets Working Group, and he guessed that would happen. The stock market surge is definitely unwilling to see for his big head. The money earned has become less, and it is only happy that there is a ghost.

But this is what Bear Market is all about, especially sensitive to information, and if this sensitivity is measured in terms of "one to ten," then the report sensitivity is thirteen. But once tomorrow proves to be just a rumor, the stock market will certainly fall back.

In the current economic situation, those suffering from the subprime mortgage crisis are happy to see the Government finally willing to pay. Those investors expect stronger government intervention to help financial institutions divest themselves of mortgage debt and allow them to recover some of their losses.

In Andy's view, in a sense, government actions, be they the U.S. Treasury, the Fed, or the U.S. Securities and Exchange Commission, can only slow down the pace of trend development, be it a crazy rise or a fall in despair, and all they can do is slow down, not stop it!

This is something that they themselves know better than anyone else, to say the Fed is by no means the clearest of the few forces that discovered the subprime crisis, but they have no way of stopping it, much less daring to lift the lid directly, but constantly using interest rate cuts and the depreciation of the dollar to release pressure.

500 billion is fine, 700 billion is fine, it's all sandbags, blocking the river by several sandbags is useful?

Oh, that's bullshit!

No bank in the world has the ability to fully repay all deposits, and they're doing 200,000 dollars with 10,000 dollars, which is a reliable traditional bank.

As for the people on Wall Street, they're doing 1 trillion things with 10 billion dollars.

It's so clear, make money!

Make fast money, make big money, make money for all the prey you can make right now!

A ghost cares.

So when the storm blows wildly, confidence! Only the restoration of confidence can truly contain the Galactic Vortex capital market recession, or else it will be one night apart from sitting Rolls-Royce at a Fed meeting to line the streets for relief food!

As for being attributed to the misuse of financial leverage by many, if we give up, we can avoid a recurrence of the financial crisis. The question is, can we give up?

That's even more of a joke, because in the modern world, it's impossible to give up, and in capital utilization carriages, where driving speed is already high, any form of braking can trigger overturning and flipping!

The US Treasury Department and the Fed didn't discuss the US Real Estate Market Bubble before the Beauty of Falls and Premises, but what they were all thinking was -- soft landing!

Well, now it looks like it's landed, but face down!

Andy is also a lot of emotion when it comes to the global stock market that he's crying about right now, and as the average investor, honestly, they're in an absolutely vulnerable position in the capital market, and what a folk stock god, the wealth myth of a shareholder, is all bullshit!

The vast majority of so-called wealth acquisition is fantasy or “temporarily in hand, flying away”! If you don't quit, you'll never win!

Money, like a trickle stream, flows from every people who earn their wages, through the complex framework of the financial theoretical architecture, one layer at a time, one step at a time, and eventually flows into "pockets” - their pockets.

Well, for Andy now, generating this sad, merciful thought undoubtedly implies a little crocodile tear in it, but that's the truth, though a little cruel.

Laughing at himself, he glanced at Forbes, the latest issue on the table, and announced "America's Fortune 400.” Bill Gates, founder of Microsoft, beat Warren Buffett, the “god of shares” for $57 billion to regain the first treasure throne.

This leaderboard uses the August 29 stock price to calculate the body price of the rich. After all, the recent stock market turmoil has severely shrunk some of the wealthy assets.

Berkshire Hathaway's chairman, Buffett, had $50 billion in assets, ranking second. Oracle founder Lawrence Ellison, ranked fourth with $27 billion in assets.

In March of this year, Buffett replaced Gates as the world's new richest man with $62 billion in personal wealth.

But since February, the price of his shares in Berkshire Hathaway has fallen by 15 per cent and assets have shrunk by $12 billion, a loss of liver that could be described as trembling.

As for Andy, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa

“The rich have not become richer, which means economic stagnation. Of course, Andy Smith is naturally excluded, and none of his companies are listed, and once listed, Andy Smith's personal wealth will expand to an astonishing extent. ”

Although this is only a temporary U.S. wealth list, Forbes' influence is unquestionable, and looking at Bill Gates, ranked number one, Buffett number two, can't avoid asset damage, let alone the 126 losers on the billionaire list who have severely shrunk their assets.

Among them, gambling tycoon Sheldon Adelson fell sharply in assets by $13 billion over seven months, equivalent to an "hourly drain of $1.5 million”.

Andy Smith's assets grew at a ten-billion-dollar rate, minus debt, in an economic environment that blinded everyone.

Not to mention his cash growth, just the British Super Hot Spurs Club. With the acquisition of Manchester City, Desert Land Royalty has committed a series of money-splitting acts, the most immediate effect is that the valuation of each team of British Super has once again been greatly improved.

Tesla has gone offline and started delivering. Although the initial increase in the selling price led to great dissatisfaction in booking customers, Andy bites his teeth and prefers to refund dissatisfied customers to earn drinks at no cost, guaranteeing the company's profitable space. It was a bit of a hassle to begin with, but with all the crazy propaganda, and the idea of blowing cowhide and leather thrown out, more importantly, the car sold could earn money, and this series, taken together, raised Tesla's valuation to $700 million.

Not to mention the successful Marvel Group, a "Iron Man" made all movie companies envy the regret of slapping xiong foot, even the "Invincible Hulk" was temporarily a bit of a loss, but after all, the global box office was also a $300 million summer gear film, and the value of Marvel was naturally raised again.