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The U.S. interest rate hike cycle is almost half a year ahead of schedule, and the subprime mortgage crisis may also break out half a year ahead of schedule. Han and Tang need to be prepared in advance.
Yi Xiaohai flew to the United States and met with the Morgan family, Moduo, Old Man Miller, George, Stephen, Jones and Demian to test their attitudes.
They have identity and status in the United States. If they can participate in the plan, even if those people on Wall Street attack, the Han and Tang Dynasties will be able to fight.
But there are also interest groups behind them. Those interest groups compete with Wall Street forces and are inextricably linked.
Miller was originally the head of investment and senior partner at Goldman Sachs.
George¡¯s Yunzi Fund has cooperated with Wall Street many times. During the financial crisis in 1997, the funds in his hands came from Wall Street.
Although the two of them cooperated with the Han and Tang Dynasties to attack Wall Street during the Internet bubble, the relationship was based on interest trends and was not stable.
The Morgan family itself is a member of the Bic Club and a member of the Wall Street giants, and is the opponent of the Han and Tang Dynasties.
"Just because the patriarch and son of the Morgan family have something in Yi Xiaohai's hands, they secretly keep pace with Yi Xiaohai,
Now the Morgan family can benefit from the Han and Tang Dynasties. They follow the trend and maintain friendly relations.
If Han and Tang Dynasties could not give them any benefits, or if someone gave them more benefits, those reasons could not completely control the Morgan family's decision.
Stephen, Jones and Demian are all former senior executives of Morgan Stanley. They have deep connections with the Morgan family and Wall Street.
Momodo¡¯s group has shares held by Wall Street giants. He is also in the media and has a lot of connections with those financial giants.
Although Moduo, Stephen, Jones and Demian hold shares in Hantang North America, it is hard to say whether their interests can drive them into a life-and-death battle with Wall Street.
Based on their status, Yi Xiaohai did not inform the detailed plan, and did not even say that his opponent was Wall Street. When the subprime mortgage crisis was irreversible, it would not matter if he revealed it.
Before Yi Xiaohai was about to leave, Lu Zhixin came to him to report something:
"Da Mo holds a large amount of MBS"
MBS is mortgage loan securitization. A simple understanding is,
User a buys a house and borrows 1 million from bank b, agreeing to repay 1.3 million in 15 years.
Bank B felt that 30 years was too long, so it packaged thousands of contracts similar to User A and sold them to Financial Institution C at a unit price of 1.1 million. The mortgage loan contract became an asset securitization commodity.
The occurrence of the U.S. subprime mortgage crisis is directly related to MBS.
In Yi Xiaohai¡¯s impression, Morgan Stanley seemed to be laying off employees due to the subprime mortgage crisis, but he didn¡¯t know the specific reason.
"Approximately how many contracts do they have?"
¡°$5 billion.¡±
"Fortunately, it can be digested cleanly."
Lu Zhixin cried and laughed:
"They are meeting to decide to buy another $30 billion in MBS from Freddie Mac and Fannie Mae."
"so much?"
"Cash or installment?"
"It's said to be cash."
"30 billion US dollars in cash is a lot for Morgan Stanley, but they actually used it to buy MBS?"
Although US$30 billion is not much compared to Morgan Stanley¡¯s size, it would be different if it were cash.
¡°Across the world, there are very few companies that can put out 30 billion US dollars in cash. Even Morgan Stanley needs to raise it in advance.
"The news I received is that Morgan Stanley has already negotiated a new buyer all over the world. They don't need to spend money on the 30 billion US dollars MBS. The most troublesome thing is that Morgan Stanley plans to invest 150 billion itself to buy MBS"
"Depend on!"
Yi Xiaohai couldn't help but curse.
If Damo sells MBS to someone else, if something goes wrong, it will definitely be scolded to death, and its reputation may be ruined.
When a financial company loses its reputation, its business will decline rapidly, but that is a long-term process, and it can still be reversed.
They invested 150 billion US dollars in MBS, which is no different from seeking death.
"Boss, not only that, most of the buyers of MBS worth 30 billion US dollars are from China"
¡°Damn it!¡±
Yi Xiaohai was completely dumbfounded. Damo was such a slut that he went to China to sell MBS.
"Do you know who the buyer is?"
¡°Private equity, individual buyers, and then SDIC, so should we interfere?¡±
Lu Zhixin knew Yi Xiaohai¡¯s plan.? Now that so many people in the country are involved, he reported it to Yi Xiaohai.
Yi Xiaohai was very hesitant.
Whether it is preventing domestic purchases of MBS or directly preventing Morgan Stanley from purchasing MBS, it is telling Morgan Stanley that the Han and Tang Dynasties are not optimistic about MBS.
The Morgan family is a shareholder of Morgan Stanley, Stephen is the chairman of Morgan Stanley, Jones and Demian were once shareholders of Morgan Stanley, and Miller and George have information channels in Morgan Stanley.
They knew that the Han and Tang Dynasties were not optimistic about MBS, so Lenovo discussed with them the plan to make money by shorting the U.S. property market, which was likely to be exposed in advance.
"Don't remind them yet, let them go."
Yi Xiaohai is not a savior. There is nothing he can do to stop the wealthy people in the country from seeking death.
With the strength of Morgan Stanley, it can survive no matter how much losses it suffers.
What he is thinking about now is why SDIC wants to buy MBS. If he remembers correctly, it is clearly written in the revitalization plan.
¡¡
Yi Xiaohai left the United States and took a trip to Venezuela to meet Miranda.
¡°The purpose of his war with Wall Street is not to enmity, but to weaken the role of the U.S. dollar, and the relationship between the U.S. dollar and oil must be resolved.
If you want to solve the US dollar settlement oil system, Miranda can play a huge role.
"Brother, I have no problem. The key is that others in the oil company will definitely not agree."
There are various reasons why oil is settled in US dollars, which is not easy to change. First of all, the stability and security of the currency require caution.
Currently, the U.S. dollar is the most versatile and safe currency in the world, and no other currency can replace it.
Secondly, it involves the issue of settlement.
Venezuela¡¯s domestic monetary system is not yet complete and stable. At least there are sufficient foreign exchange reserves for settlement in U.S. dollars.
If they change to soft sister coins, they will encounter problems when doing business with other countries, because others do not recognize the value of soft sister coins.
"Miranda, if the dollar depreciates, and it depreciates very much, is it possible to change some people's minds?"
¡°The dollar is depreciating?¡±
Yi Xiaohai didn¡¯t tell Miranda about his plan, so Miranda didn¡¯t know why the U.S. dollar was devaluing.
"I can't say the specific plan yet. I'm just telling you that the United States will print money in large quantities, which will definitely cause a global financial crisis."
Miranda did not ask what would happen specifically. He looked at Yi Xiaohai seriously:
"How sure are you?"
"One hundred percent."
The United States has started an interest rate hike cycle, and the conditions for the subprime mortgage crisis have been precipitated. It will happen sooner or later.
And the Han and Tang Dynasties did a lot of things to add fuel to the flames. The subprime mortgage crisis will come earlier than before, and the impact may be more serious than in history
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