Reborn American Tyrant

Chapter 1068 Price War

Soros had a hard time, as if a dog bit a hedgehog, William White was even more uncomfortable.With the spread of the Asian financial crisis, the IT industry, which was still good, also suffered setbacks.

The most confusing thing is that the debt-laden Four-Star Group suddenly went crazy.

"Philson, can their current financial situation support this behavior?"

"Boss, it is roughly estimated that Four Star's foreign debt is close to US$18 billion. Cough cough, boss, let alone insolvency, it's not much worse."

Puff, William White spouted water, but fortunately, it was far away and Philson was not hit.

"Ahem, excuse me, what are you talking about? Eighteen billion, are you sure it's not yen?"

"Boss, it's really not. Moreover, this number may increase at any time.

The only good news is that they gave up their intention to continue building cars."

"Well, it's still sober, but how long has it been since Kia went bankrupt? Isn't there a word yet?"

Philson said that he couldn't understand it. In the heads of these smectas, they didn't know what they were.

"Hey, follow up, Four Star is clearing the field here. Although I don't know where his confidence comes from, I can't shrink back."

"It seems that it can only be so."

Prices have collapsed all the way, but more than memory.The biggest headache for William White is his oil and gold.

For a moment, William White suddenly found that he seemed to be more and more like Maozi, or that Maozi's interests were in fact consistent with him.

Speaking of fury, these guys are also unlucky enough. The price of oil and non-ferrous metals began to collapse as soon as the economy started to pick up.

The quality of gasoline and diesel is not very good. If it is a tractor, the problem is not big, BMW and Mercedes-Benz still forget it. The expensive maintenance costs will definitely make you vomit blood.

The quality of the steel is also not good, don't talk about European standards, the country of rabbits said it cannot accept it.Unless it is used to build a pig nest, I dare not use it in other places.

These are all basic products. As for electronic products and automobiles, don't even want to export them. No one will buy them.

Poor product quality has caused a problem. All the products that can be exchanged for foreign exchange are resource products.

Nobody wants aluminum ingots, so get some bauxite.No one wants steel, so get some iron ore.No one wants gasoline and diesel, so get some oil.

Gold is fine, but it's still useless.Now there is no shortage of this stuff, you can make it cheaper.

Foreign debt has exceeded 100 billion, and foreign exchange reserves are only over 10 billion.In order to obtain more foreign exchange, Mao Zi started a price war.

Nima, can you still have something to do?What kind of self-sacrificing is it to fight a price war on resources.

The European friends took a look, hey, that’s not bad, so what, I don’t dig here either, if you make it cheaper, we won’t buy oil with the black buddies.

Damn Rio Tinto and BHP Billiton, don't you plan to cut prices yet?

For resource assets, William White has never engaged in price wars.If it doesn't work, I will dig slower, and if it doesn't work, I will use iron ore as a rockery.

Alas, there is no alternative to oil. You can only hedge against this kind of stuff in the futures market.It is impossible to get all the losses back, the most is to reduce the losses a little.

The demand for iron ore is declining, the demand for oil is also declining, and the demand for gold is still declining.

If so, don't say anything.Let's see whose price is lower, right?

"History will remember this incident. You ask me how much impact it has. I don't know. As for whether the crisis has passed, you think too much, it will be a disaster.

Okay, that's it, I have a meeting."

The reporters besieged at the White Center didn't expect that this cool ghost would answer the questions in an unprecedented way.

"Mr. White, Mr. White, some people say that Soros caused this disaster. What do you think of this problem." William White paused and looked at the reporter with a wry smile, Nima, are you planning to make trouble? ?

"Ahem, this statement is baseless, George is actually a good man, I don't think he will be so frantic.

If it was really him, only Moustache could be compared."

After dropping a shocking sentence, William White turned and left, ignoring any problems.

Of course, the reporters are not dissatisfied, except for a few rookies who don't understand who George is.

There is no way. Those who like to contain William White are usually entertainment reporters. If it were not for the Asian financial crisis, there should not be so many professional media here.

They are excited now. What you said in the original words of William White is not important at all. What is important is how we interpret it.

The person who initiated the Asian financial crisis is the same thing as Moustache, Nima, this news is really overwhelming.

Damn it, what are you waiting for? Report the story to the agency.

"Tsk, is a good person? Charlie, dealing with this bastard, if you are touted, it will definitely not be a good way."

Charlie Munger was a little disapproving, or that he could understand William White's mood.

"The loss is so heavy, you can still praise your opponent."

"Cough cough cough, Charlie, is this a compliment?" Buffett smiled bitterly, he could completely imagine what Soros would look like.

Yes, since you want to eat this bowl of rice, it is inevitable to be greeted by your ancestors, who made you a hedge fund.Your success is based on the ruins of others.

But who is Mustache?

"Fuck, it's not the right way, if you continue to provoke him..." Buffett is not stupid, a person who likes to read, really understands the meaning of this sentence.

Yes, Mustache is a scum, even if he is in hell, he is also a scum.

However, during the period between World War I and World War II, it was not you businessmen who bought and sold short.

Buffett is very smart, so naturally those old guys are not stupid.

Why do you hold Soros so high?

The reason is very simple, if things get out of control, you can step on 10,000 feet.

Well, if George is a good man.

They dare not continue to think about it. Some money is not so easy to digest. If it is not good, serious intestinal obstruction may occur.

Wall Street investment banks are not blindly greedy.When the World Trade Center was demolished, the big guys were very well-behaved.As for those who are not sensible, someone will take care of you afterwards.

The same is true for the subprime mortgage crisis. You Europeans need to be market-oriented.If you dare to mess around in the United States, you didn't even discuss how to clean up.

Of course, 2008 was considered a watershed.Eagle sauce's economy reached its peak in 2005. In the next few years, they were only in various waves.

Therefore, if you don't let people come to the United States to stir up, this can be easily achieved.As for the marketization you are talking about, just talk about it, and you really don’t need to be too serious.

Academia has actually reached a consensus that government intervention will not prevent the economic crisis, but there is one thing that they can slow the impact of the economic crisis.

As for Soros, who is wreaking havoc everywhere, why can't you see you arguing in the United States?

It turns out that you also know that this is risky. It turns out that you are also afraid of being settled by the autumn queen.

Hahaha, it's just a goblin with a backstage. It's okay to bully Elder Tang. At the last moment, someone will always help.But, do you dare to run wild in front of your master?