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Simple Four-axis 1526 The U.S. Government Bankruptcy

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    If you don't pursue them, you can have a better grasp of their investment risks.  ¡÷¡é, Yunfei told Su Yuxian very clearly that he knew it when they first raised funds, and he also knew it when they speculated in oil futures last time.  This made Su Yuxian understand that Yunfei really let him go and took the initiative to give Yunfei the profits he had received, but Yunfei only took half of it and left the rest to him. For him, it was almost  Ten million dollars, I really don't like it.  It's just that he can't bear the betrayal Under the current situation, he can't take action. Without Su Yuxian, no one can take over the investment in Xiangjiang in a short time.  There is nothing abnormal about a manager of an investment company using the company's information to benefit himself and his friends. If he uses the company's money and resources, Yunfei will never bypass him easily.  Information about Yun is not so easy to obtain.  "I heard that you spared Su Yuxian?" That night, after finishing the torment with Li Lu, Li Lu, who was full of joy and extremely lazy, asked Yun Fei casually.  After giving birth to the child, her overall temperament seemed to be better.  Especially the mature taste, with a little more motherly luster, makes Yunfei want to stop.  "Is it possible to throw him into the sea to feed the fish? You have to be merciful and merciful. He just operated it by himself and did not reveal the company's information. It is not bad. If the water is clear, there will be no fish" Yun  Fei's hand was gently rubbing Li Lu's smooth and tight skin while he said lightly.  He is now wondering whether the U.S. economy will collapse with this wave of financial crisis caused by the subprime mortgage crisis.  What Americans are best at is making the world pay for their economy.  Because of the atomic bomb incident, Japan has been paying for them all these years. The entire country's economic achievements have been plundered by the United States, leaving only a handful of useless U.S. government bonds in its hands.  The impact of the last financial crisis in the United States on the world has not disappeared, and the economic growth level of the entire Europe is extremely poor.  China¡¯s domestic economy still maintains a double-digit economic growth rate driven by real estate.  The United States has always wanted the Chinese government to pay for them. However, due to the existence of Yunfei and the influence of these years, the Chinese government has reduced its purchase of U.S. government bonds a lot.  This made Yunfei very happy.  But in his time.  The U.S. subprime mortgage crisis is still being passed on to China.  The RMB has appreciated by as much as 25% in just a few years!  In other words, the wealth of the Chinese people has invisibly decreased by a quarter in those years.  The development of the United States is basically based on this.  I heard that the country is now unable to withstand the pressure from the United States and the world, and it is very likely that the RMB will be revalued.  So Yunfei is now desperately hoarding US dollars.  In addition to domestic funds, all his funds abroad are converted into US dollars, and he does not get them back and exchange them into RMB.  The big guys above have also approached Yun Fei many times about this matter.  In particular, Dai Xiaolong, the president of the National Bank, has come to Yunfei more than once or twice.  Yun Fei told him clearly that he would not convert the money in his hands into RMB now.  products he exports.  Most of the money is in the National Bank, and various costs are settled directly in US dollars instead of RMB.  We now hold tens of billions of dollars in foreign exchange that have not been settled in banks.  It would not be in his interest to convert it into RMB now.  Ten billion, exchange for more than eighty billion.  When the RMB begins to appreciate and reaches its highest price, 10 billion can only repay more than 60 billion US dollars.  And he is prepared to carry out the exchange when the country's negotiations with the United States are almost unbearable, so as to maximize profits.  When the final appreciation is completed, he will convert it into U.S. dollars.  In this way, 10 billion U.S. dollars will be converted into more than 80 billion RMB in the early stage.  Then when the U.S. dollar depreciates, it is converted into U.S. dollars.  In this way, more than 80 billion yuan will become more than 14 billion US dollars!  Invisibly, 40% profit was made.  UBS also requested that all of its liquidity be converted into RMB.  The country holds US dollars.  Overseas, it was converted into RMB, which made the top management very dissatisfied with Yun Fei's actions.  If the RMB appreciates, Yunfei's assets will not only be preserved, but they will also increase a lot.     certainly.  If it depreciates, Yunfei can only endure the loss silently.  He is very open-minded about this and devalues ??it.  This is a good thing for the country.  His personal losses were not very great.  ?Compared to the country.  He is considered relatively goodA serious entrepreneur.  ¡°Otherwise, he will suffer greater losses than anyone else in China.  Once the RMB appreciates, in order to maintain the same bottom line of RMB prices, the prices of my country's export products expressed in foreign currencies will increase, which will weaken their price competitiveness; and if the foreign currency prices of export products remain unchanged, export enterprises will inevitably be squeezed. profit margin.  As a result, domestic production costs are still settled in RMB, and foreign sales prices are still in US dollars. Yunfei's costs are rising, but actual sales profits are declining.  He is unwilling to bear such a result.  The country's current foreign exchange reserves have been reduced a lot due to the existence of Yunfei, and the structure is more reasonable. European currencies have been increased and U.S. dollar reserves have been reduced. At the same time, settlements with African countries have even been directly paid in U.S. dollars, allowing African countries to use gold.  proceed to checkout.  Of course, this is the result of Yun Fei's mediation.  "What are you thinking about?" Li Lu saw Yun Fei in a daze and couldn't help but ask him.  During this period, Yun Fei's behavior was really abnormal.  "Projects in the United States have already started. Domestic housing prices will rise even more fiercely" Yun Fei said with a deep breath.  "If there is a financial crisis in the United States, our side will definitely be affected. How can it possibly rise even more fiercely?" Li Lu couldn't help but be speechless.  ¡°If it turns out that Yun Fei doesn¡¯t understand the economy, it¡¯s understandable that he said this.  But now, he doesn't believe that Yun Fei will be like this.  "Once the U.S. economic crisis becomes more serious again, the pressure for RMB appreciation will be greater. Americans will definitely devalue their currencies to release their pressure. In the 1990s, the economic growth results of Japan, Taiwan and other regions were all eroded by the U.S.  Someone took it away" Yun Fei sighed.  It¡¯s not that he wants to add insult to injury here.  He cannot silently endure his losses just because the country cannot bear the pressure.  "How high will it probably go?" Li Lu knew that Yun Fei would not make a mistake.  Yun Shengun's premonition was too accurate.  If it hadn't been for this, would Li Lu have slept with Yun Fei?  "About six yuan" Yun Fei spit out the number gently.  Li Lu was immediately shocked.  She didn¡¯t question Yun Fei. No wonder Yun Fei held so many dollars in his hand and refused to settle with the bank.  "If all is settled, in the future, if it is true, if it reaches this 25% level within a few years, their domestic costs will rise so much, and their foreign profits will fall so much.  Added up, the profits will shrink a lot, even far exceeding the 25%!  "Do the bosses above know?" "It depends on whether they can withstand the pressure. The country now only has more than 600 billion US dollars in reserves, and the losses will not be too serious. But if companies along the coast go bankrupt, it will be  It's inevitable." Yun Fei doesn't plan to talk about this matter anymore.  Once the RMB appreciation starts, domestic prices will double in a short period of time.  Pork is the most obvious example. As the RMB appreciates, purchasing power should be stronger.  However, during the period of RMB appreciation.  The price of pork that originally only cost five or six yuan per pound quickly increased to ten or twelve yuan!  To say it is a good thing for the country is nonsense!  Yunfei is not an economist.  But he can measure the purchasing power of money.  Maintaining the original exchange rate, he can buy 2 billion jins of pork with 10 billion, but if the exchange rate appreciates, he can¡¯t even buy 1 billion jins!  This is what he has experienced.  Therefore, he would not listen to any economist trying to settle accounts for him.  I don¡¯t want to listen anymore Before August 2007, the U.S. subprime mortgage crisis broke out.  ¡°All this is because UBS and Xiangjiang Investment Group are selling off their U.S. real estate on a large scale.  By the end of 2005, UBS had sold two-thirds of its shares, and Hong Kong Investment Company Su Yuxian also started taking action.  The range was very small. By the time the subprime mortgage crisis became apparent in the spring of 2006, they only had a small portion left in their hands.  On February 13, 2006, American New Century Financial Corporation issued a profit warning for the fourth quarter of 2006.  HSBC Holdings announced its results and increased its provision for subprime housing credit in the United States by an additional US$12 billion, totaling US$15.573 billion, an increase of 43.6%. As soon as the news came out, the stock market fell sharply that day, with the Hang Seng Index falling by 888 points, a drop of 43.6%.  5.2%.  This is much higher than the original data, and the time is also one year ahead of schedule.  Of course, Yun Fei couldn¡¯t remember the original number at all.  On April 2, New Century Financial, the second largest subprime mortgage company in the United States, announced that it would file for bankruptcy protection and lay off 54% of its employees.  On August 2, 2006, Deutsche Bank??announced a profit warning, and later estimated a loss of 8.2 billion euros, because of its 12.7 billion euros "Rhineland Fund" and the bank's small involvement in the U.S. real estate subprime mortgage market business.  Huge losses Then, many investment institutions in the United States began to go bankrupt and closed The financial crisis caused by the US subprime mortgage market once again swept the world.  The economy of the entire world is even worse!  In order to expand domestic demand due to the large-scale collapse of coastal foreign trade processing enterprises, the Chinese government announced the launch of a four trillion economic stimulus plan. However, a large part of this four trillion economy is invested in domestic high-tech enterprises.  Infrastructure construction is also no less.  Originally, the economic stimulus plan was mainly aimed at the real estate market, but now it has been divided into many parts. This economic stimulus plan is more reasonable, especially for the adjustment of the domestic industrial structure, and has a better effect.  The state announced that it will increase its efforts in highway construction and at the same time start the construction strategy of provincial high-speed railways.  At the end of December 2006, the U.S. federal government announced a two-year bankruptcy plan for the operating part "Have you seen it now? If our country increases the purchase of their bonds, and if their operating part continues to go bankrupt, when will our bonds be recovered?  ?" Yun Fei faced Dai Xiaolong, who rushed over after hearing the news. It was said that this guy might become the finance minister of the next government.  "How do you know that the U.S. government will go bankrupt? Don't tell me this is how you feel. In the past few years, you have made tens of billions of dollars in the United States?" Dai Xiaolong looked depressed.  The conflict between the country and the United States is getting bigger and bigger. Before that, Yunfei settled all the U.S. dollars in his hands into RMB, which was more than 30 billion U.S. dollars!  More than 200 billion yuan was exchanged!  And not long after the exchange, the U.S. government began to go bankrupt.  Now, if the country wants to take back U.S. bonds, it can only continue to buy U.S. government bonds, and at the same time, appreciate the RMB Yun Fei doesn¡¯t know the above policies at all. After all, even Dai Xiaolong didn¡¯t understand these at the beginning.  knew.  He himself only made this plan later, and Yun Fei seemed to be able to guess what he was going to do next.  "If it doesn't go bankrupt, will our country increase its efforts to purchase foreign exchange? Just like those companies that relied on government loans in the 1990s. Banks won't lend money? I'm sorry, the company can't continue to operate and can only go bankrupt. We  It's a limited liability company. Come on, the company will give it to you. Let's auction it. Whatever it sells is yours. If it's more, you can return it to me. If it's less, I'm sorry, I can't repay it" Yun Fei's words were very rough.  But it left Dai Xiaolong speechless.  This is what he said is true.  In the 1990s, many companies continued to operate like this.  The company itself has little operating ability and profitability. For the sake of business, various banks are very lax in loan approval, especially in the years of real estate speculation in Nanhai, as well as land speculation. Countless companies invested funds in it, and they all  The bubble of funds obtained from bank loans eventually burst, and many people could not repay their debts and ran away.  And the country¡¯s losses still exist.  "The U.S. government is the largest rogue company in the world. The Japanese government now holds more than two trillion US dollars in foreign exchange. Is it useful now? Do they dare to continue buying? But they still have to continue buying, otherwise,  Their more than two trillion US dollars in foreign exchange are a bunch of shit Their domestic economy is not doing well, but the government still has to continue to buy it. The same is true for European countries. If you follow your plan from the beginning, if China now holds tens of thousands of dollars.  Billion dollars" Yun Fei said this and looked at Dai Xiaolong with amusement.  Cold sweat suddenly broke out on his thick forehead.  From the beginning, Yunfei has been preventing the country from buying too many US government bonds, especially in recent years when the US fiscal deficit has been expanding due to the war (To be continued)
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