American Fortune Life

While Andy and Lima lived a shameless, three-meal-a-day, high-skinned life on Montana Farms, the whole world was still trembling in the wake of financial storms, and national bailout plans were like firefighting with salaries, causing panic to spiral out of control.

Icelandic kroner has fallen sharply against the euro. The Central Bank of Iceland had to announce the fixing of the Icelandic krone to the euro ratio at 131 to 1, but since the foreign exchange market Icelandic kroner had been relentlessly sold, the Central Bank of Iceland had renounced supporting the Icelandic kroner exchange rate, which was only one step away from the country's bankruptcy.

On 10 October, S&P, an authoritative rating agency, stated that it would consider lowering the credit ratings of General Motors and Ford Motors from "B" to “garbage”, and that the stock of General Motors immediately jumped sharply, falling all the way to its lowest price since 1950, and the total market value of the company's stock shrunk to its lowest since 1929.

As a result of this drag, the New York stock market, which was already hovering low, had a dramatic scene less than an hour before closing.

The average price index of 30 industrial stocks in Dow Jones fell instantly by 9,000 points under a frantic downturn in the market, also referring to the first failure to meet this whole threshold since August 2003.

Subsequently, points 8900, 8800, 8700 and 8600 were also easily punched through. Ultimately, it was reported at 8579.19 points, down 678.91 points from the previous trading day and down 7.3 per cent.

The S&P 500 stock index also suffered a severe setback of 7.6 per cent on that day, while the Nasdaq Composite index declined by 5.47 per cent. This was also the seventh full trading day decline in the New York stock market since the 1st of this month, with cumulative declines of more than 20% in all three major stock indices.

Finally, Buffett, who has invested $8 billion in the market, is unable to sit down, starts his PR campaign, calls Treasurer Paulson on his own initiative, offers advice, writes a long letter, makes written suggestions, and expresses his willingness to spend 20% of his private money, $100 million, to support the implementation of the bailout plan!

In an hour-long interview with AMC Cable News, Buffett called market turmoil “Pearl Harbor of Economy” and reiterated his belief in the long-term dominance of the United States.

Even more rarely is he publicly claiming that he is buying stock himself, and Andy admires this old guy's responsibility and judgment when the financial crisis leads investors to sell with great panic, whether it's patriotic or PR, holding Limavo on the couch watching the old hooligans talk.

“The financial system is in turmoil now, both in the United States and in the rest of the world...

So... I've been buying American shares. I am referring here to my own private account, where I bought all of my US government bonds, plus no stock investments.

Of course, this does not include the shares I hold in Berkshire Hathaway, which I have donated to charity.

All assets in my private account, with the exception of Berkshire stock, will soon be invested in US stock.

Why is that?

Because I buy stocks with a simple investment creed: fear when others are greedy, greed when others are afraid. It is almost entirely certain that fear is spreading and investors are frightened, even by experienced investors...

In particular, I would like to clarify that I cannot predict short-term fluctuations in the stock market at all. I can't see the stock market going up or down in the next month or year at all.

However, until market sentiment improves or the economy recovers, it is likely that the stock market has risen early and may have risen sharply. So, if you have to wait until the Spring of the Mockingjay, then the Spring is over... ”

“Honey, when will this terrible economic crisis end? I read in the news that in Greater Los Angeles alone, there are 73,000 new homeless people, 40 percent of whom are women and children, which is horrible! ”

Looking at Buffett's interview on television, Lima had just left Brazil, which had been devastated by the economic crisis, and had seen sad news stories. Lima was somewhat unacceptable. After all, she had come to the United States to develop, and she also had an 'American dream’ that had been flaunted by the media around the world.

Only now it seems that this so-called 'American Dream' myth is completely broken!

Andy tightened Lima in his arms from behind, his chin against her shoulder, Lochsan's claw used to xing the wan in man's favorite, woman's pride, baby's rations, and said faintly: "‘American dream’? In Washington, they call it the 'ownership society', where every family in the United States has its own house, and the government does not interfere with the realization of people's American dreams. Do you know what the real meaning is? ”

Lima was unusually distressed by Andy Sheng BO, turned around and looked at Andy, his beautiful face slightly red biting red CHUN shaking his head, a pair of grey green eyes spreading water mist, slightly disoriented.

“Nobody cares about you, you're on your own... Now is the time for them to admit they failed! ”

Andy's words are a little pale, maybe a little cold-blooded, but that's the truth, and dreams are about to wake up.

In a market economy, it is simply not possible for everyone to have their own housing or even for the vast majority of people to have their own.

The so-called subprime mortgage crisis in the United States, where everyone has their own home, like a sandcastle by the sea, a wave after wave, is a mess, and according to data available to Andy, it is conservatively estimated that about 7.5 million buyers in the United States currently carry ‘negative assets' and 2.1 million more are on the verge of carrying 'negative assets'.

Just as Andy and Lima were getting tired of hanging out on the couch, preparing to dagger, replenishing themselves with swords, and completing life in the wind and sun, the most annoying thing happened to Andy.

That's right, the phones rang very untimely, and both phones rang at the same time.

“Giggle...” The pink Lima on his cheeks curled his body and smiled happily, looking at the constipated look on Andy's face, who was upset and unwilling to get up, Lima stretched his hand and caressed his cheek. "Answer the phone first. Everyone knew you were writing in the closed door and still called. It must not be a small matter. ”

“Shet!” Andy cursed very uncomfortably, climbing up from the couch, taking a look at his private phone, not far from where Freedom Eagle Security called Joseph, and silently chose to hang up first, then pick up the external phone, which appeared to be the phone of Chief Financial Officer Hamilton.

“I really had to answer...” Andy whispered and looked at Lima, who had begun to rearrange his pants, and said something uncomfortable and picked it up.

Lima looked at Andy, who was just picking up the phone, and over time, there was a smile on his face, and then it got brighter and brighter, and guess what happened.

“Oh, Hamilton, thank you for sharing this good news with me. I didn't expect that we at Intai Bank would be able to be part of the first bank capital injection program. Oh, of course I'm happy... You're wrong, who would disown their own funds more fully, but you're also right, 9% interest per annum is not low, so I'm going to call Stephen Nurby right now and tell him that tomorrow afternoon's meeting will be with us at Intai Bank on time... ”

When he hung up, he looked at Andy with a bright smile on his face and asked curiously, "Honey, what good news? ”

“Hmm? Well, isn't it worrying that banks will continue to go bankrupt, causing more panic in the market? The Treasury has just finalized a banking capital plan. The Federal Reserve Bank of New York, with the assistance of the Monetary Authority, has completed the selection of the first banks, and my Intai Bank is here. Although it's not much money, it's also $2 billion in size. Oh, it looks like the kids who are going to mess around have NAI! ”

Andy smiled badly and stretched out the claw of Lushan, causing Lima's delicacy, patting open as a strange hand, Lima also had slight bright eyes, the more successful her man was, naturally the happier she was, although she could not become a hostess, she would not give up a higher ambition.

Lima sat in Andy's arms like an octopus, wrapped around his neck, glaring at Andy and saying, "Honey, I want a baby! ”

Andy picked his eyebrows and smiled. “Of course, it's okay. It's easy and happy for me to get your stomach up! ”