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Chapter [-]: Global Financial Crisis (Subscribe)

"Well, let's throw out all the real estate and stocks we invested in the United States.【

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Chen Jia had planned this strategy for several years.Chen Jiayi has invested in both subprime mortgages and stocks.Moreover, like the subprime mortgage, Tang Dynasty Company ignited the American real estate speculators at the beginning.Even, at that time, the Tang Dynasty Investment Company had become the savior of many poor people.

"Ok."

He Chong had been waiting for this day for a long time, and hung up the phone, He Chong was a little excited.He said to the operators and staff of the entire investment company, "Brothers, this time, we will definitely go down in the annals of history and take action."

Yes, only the Tang Dynasty Quantum Fund has the ability to provoke the financial crisis in the entire United States and even the whole world with the power of a company.Moreover, such things will definitely be remembered by history.Just like the financial crisis in Southeast Asia, when he harmed many countries, he created a peerless genius Soros.

Afterwards, following Chen Jiayi's instructions, He Chong began to sell continuously in major financial markets in the United States.

Stocks, corporate bonds, dollars, real estate...

At the beginning, it was faced with turbulent selling.Many investment institutions, they are very happy.

"I'm so happy, someone finally threw chips out."

You know, the stock market, the bond market.If no one sells, then, for some big funds, they will not be able to enter the market.Now that the stock market is hitting new highs every day, many investment companies, including many retail investors, want to buy stocks crazily.It's just that at this time, it seems that many people are unwilling to make too many deals.They just want to hold one stock, one stock, and become a super rich man.

Now, in the face of surging selling, they are all buying big and big.

"Hehe, buy, buy."

It has to be said that U.S. stocks are like the sea, no matter how huge the funds are, he can absorb them.

Therefore, at the beginning, the Tang Dynasty company's aggressive selling did not attract too many people's attention.On the contrary, seeing these sell-offs, they also think that some institutions just want to leave the market because they are earning almost the same amount.However, they believe that the U.S. stock market and the world are in a period of economic boom, and there is no way to stop it so quickly.

Just like the crazy rise and fall before, it was a dishonesty.At that time, it is not known how much money poured in.It can be seen from this that the determination of US stocks to rise is not insignificant.Because, he broke through a block of resistance, and launched his attack crazily.Until now, his offensive has not retreated and is still continuing.

Therefore, they invested in the stock market again and again.As for those ordinary investors.They don't know how to analyze, let alone, the current stock is still rising.They will throw it away, so there is a ghost.

It's just the stock market.

In contrast, there is the property market.

Tang Dynasty Quantum Fund, as early as a few years ago, had already opened a super huge subprime mortgage company in the United States.First, the subprime mortgage company was handed over to Liangfang. After that, the Tang Dynasty Quantum Fund was transferred to real estate speculation.It can be said that with such high housing prices in the United States, the power of the Tang Dynasty Quantum Fund cannot be underestimated.

Now, in Chen Jiayi's strategy, the Tang Dynasty Quantum Fund started to get out of the way.

"Hey, buddy, there is a new listing for sale recently, are you interested?"

A property market broker said to a real estate speculator.

"What, there is a new listing, why didn't you tell me earlier?"

In fact, this real estate speculator couldn't even afford a house back then.However, since the intervention of the Tang Dynasty Quantum Fund, they have sufficient funds.So, slowly starting from speculating on one house, and then to two, three, until now, this former poor boy has been able to operate ten houses at once.

"Haha, why don't I tell you now, the news just came out today. If I don't have a good relationship with you, I can transfer it to someone else. Hey, I'm still waiting, do you want it?"

"Of course, there are several sets, and I bought them all."

Nowadays, the real estate market is not known how hot it is, and often the latest housing listings are the objects of special attention of real estate speculators.Even if there is no latest listing, like some second-hand, even third-hand, or fourth-hand, there are still many people watching.Moreover, under the rising property prices.A dilapidated room can also be hyped for a sky-high price due to its good location.

This is just one place in New York State, and the same thing happened in several places in the United States.

Of course, it is impossible for Tang Dynasty Company to sell them all in one go.On the one hand, with so many stocks, so many bonds, and so many houses, it is impossible for him to throw them away all at once.Even if they were all thrown out, it would be impossible for others to catch them.However, Tang Dynasty Quantum Fund is not worried.As long as they keep throwing it every day, that's it.

Although, this throw did put a lot of pressure on the market.However, facing the crazy crowd.How do they care? It's almost as much as the Quantum Fund of Tang Dynasty throws, and they take as much as they want.

1 days passed.

Tang Dynasty Company sold 98 billion US dollars and bought 10 billion US dollars.

Throwing is also skillful, you can't just throw it, you have to buy a little when you throw it.Otherwise, everyone knows that the Tang Dynasty Quantum Fund is throwing out such a large-scale job offer.However, in the whole sell-off, it has been selling more and buying less, buying less and selling more.

Two days passed.

Tang Dynasty Company sold about 100 billion again and bought 9 million.

Three days passed.

Tang Dynasty Company sold 500 billion U.S. dollars in one breath and bought 50 billion U.S. dollars.

four days passed...

It wasn't until half a month later, when Tang Dynasty Company sold hundreds of billions of dollars, that the market began to fluctuate slightly.

"It's not right."

Some investors are beginning to feel something is wrong.Because, they found that in the last half month, it has been sideways.Rise a bit, fall a bit, on the whole, it does not rise or fall.You know, it is quite dangerous to trade sideways at a high position.At the same time, when it is at a high level, the trading volume can also increase day by day.However, under such circumstances, stock prices and property prices remain unchanged.

Unfortunately, such a situation, he did not last too long.While others were briefly-confused, another wave of crazy funds broke through this time's sideways market and continued to explode upwards.

"Great, go, go..."

What power is greater than the temptation to make money? Faced with the thousands of funds thrown at them, many investors, including some institutions, invested in it again.Especially in the real estate market, those friends who bought houses with loans, it is impossible for them to let the house prices fall.If it falls, then their funds will be completely passive.At that time, not only will they not be able to speculate in real estate, but they will not even be able to pay back their bank loans.

"He Chong, how much money have you sold in the past half month?"

"More than 9000 billion US dollars, almost half sold."

"Okay, then, in the second half, stop hiding your movements and give me a hard hit."

Before selling one by one, it was entirely for the safety of my own funds.Then, there is still half of the funds, which is to severely bombard the entire US market.Let the entire market fall into danger, into confusion, into a deep quagmire.Let all investors keep up with the selling army and start a subprime mortgage crisis.

History will remember this moment.

When all the stocks, real estate, bonds...all were thrown out, all investors in the United States finally knew, "My God, it has changed..."

"Sell, sell, sell."

Sometimes money doesn't seem like money.Especially for these copycats, when they tap the keyboard in their hands and continuously input hundreds of thousands or millions of stocks.They didn't have any emotional changes, they just felt that they were playing a somewhat exaggerated money game.Although they knew that what they pressed in their hands was real money.It's just that they, who train frequently, have long forgotten the chips in their hands, and they only focus on their own tasks.

"Sell the Coca-Cola."

"Sell Microsoft stock."

"Sell Oracle."

"Sell Universal."

"Sell Walmart"

……

Almost one of the best companies in the world, Tang Dynasty Quantum Fund has their stocks.It's just that they never knew it.But, at this moment.The stocks hidden in these companies are no longer lurking, and have completely exploded.All of them were thrown into the entire secondary market.

"Brothers, the stock market is going to crash, sell stocks quickly."

In the face of crazy selling, even investors without the slightest financial foundation.They also know that the real dealers have already started to leave.So, ordinary investors, what are they waiting for?Now, there's nothing like, "Keep up, throw."

"throw."

"Sell stocks."

No one would know that the US stock market, which was originally good, was finally broken abruptly under the pressure of a mysterious fund.Although, many investment fund companies said.Today the economy is running fine without any problems.However, how can ordinary investors care so much.Under the skyrocketing stock sell-off, they followed suit.

At the same time, the property market, which has always been prosperous, has also suffered such a crisis.

Housing prices, which had been rising continuously, began to fall under the constant sell-off of new listings.You know, the decline in housing prices is much more serious than the decline in stocks.Because many people buy houses with loans.Now this decline, then, for them, the loss of personal interests is huge.

Therefore, they can no longer hype property prices crazily.Moreover, at this time, they have to sell the real estate in their hands at a low price.Otherwise, they will not be able to repay the loan.In this way, after a company started to cut prices.Another family followed suit at the same time.With the continuous reduction of such prices, more and more people have fallen into a loan crisis.

"The US subprime mortgage crisis, - the government - needs to be more vigilant."

Such a phenomenon, natural law escaped many economists in the United States.They believe that although from the current point of view, this is only a relatively short-term economic fluctuation.It stands to reason that it should not rise to such a height as the economic crisis.However, we have also seen the crisis caused by subprime mortgages. If it is not properly supervised, it will inevitably cause a huge financial crisis in the United States.These scholars suggest that, like China, start macro-control.

However, the proposals of these economists have not received the support of the leadership.

The United States is a free society. This is not only reflected in individual freedom, but also in economics, politics, rule of law... and so on. Although the government is the highest leader of the country, it cannot control everything.Like the economy, it should operate according to the market economy.Strong state intervention will only turn into socialism like the former Soviet Union.We must know that we are a capitalist society, so what is socialism?

Yes, this point of view is supported by many experts.At the same time, it has also received the support of many fund managers on Wall Street.They believe that - the government - should respect the market, respect the free operation of the economy.In the absence of a major crisis, the economy cannot be intervened too much.Otherwise, it will only lead to unbalanced economic development.

Naturally, with so many strong interventions, it is impossible for the US government to step in and carry out macro-control.

Still, the crisis continues and this is only the beginning.

In the process of continuous decline in property prices, stock markets, and bonds.Finally, there are small investors who cannot repay their loans.The most obvious, that is the subprime loan cooperation.Because they own these properties themselves, when the housing prices rise, they are happy every day and can make a lot of money.Moreover, the profit from rising house prices greatly exceeds the interest rate spread on loans.Therefore, they can freely control their money.

However, after the housing prices fell, they not only did not rise to make profits, but also needed to continue to repay bank loans.Eventually, these subprime friends, they couldn't take it anymore.So, they started defaulting, that is, refusing to pay back their loans.In the beginning, it was just a few, nothing.However, with the widespread decline in housing prices.Other financial markets did not pick up either, but went down like a roller coaster.They couldn't find a place to make quick money, and finally, thousands of people, etc., also began to default.

Breach of contract, breach of contract.

One breach of contract after another appeared, and many banks, investment companies, and loan companies, how could they bear it.

Finally, they realized that a crisis related to subprime mortgages was about to begin.

However, at this time, they knew that it was completely useless.

Because, even if they know, at this moment, they can't stop the breach of contract from happening.At the same time, those investment and financial companies also suffered serious personal losses due to the user's breach of contract.In particular, those investment banks that use financial leverage tools have suffered the most serious losses in this loan crisis.

At this point, the United States broke out into the most serious economic crisis after World War II.

At the same time, there was the outbreak of the "subprime mortgage" crisis in the United States. At this time, the word "subprime mortgage" entered people's attention.Affected by this, the stock markets and property markets of various countries began to fall in a large area.At this time, there is no need for the "Tang Dynasty Quantum Fund" to take the lead, and all things have been thrown out one after another.

Of course, housing prices in China have also been greatly affected.The housing prices, which had been rising like a wave, completely lost momentum at this time.Those friends who speculate in real estate are chasing and shouting every day, just want to sell the house.However, in the face of the subprime mortgage crisis, who else would buy it?

"Cut the price, drop the price, drop the price again."

Whoever does not lower the price is courting death.Unfortunately, by this point, the price cuts are of little use.Especially for those real estate companies that used to cover their stocks.They simply fell into madness. You know, there are countless houses in their hands that have not been sold.

"Damn, - fuck."

Wanheng from Wanheng Real Estate did not scold this swear word, who else would it be?

Originally, Wanheng Real Estate was the largest real estate company in China.At the same time, it is also the real estate company with the most holdings.I thought that now that the market is so hot, if I cover him for a few months before selling it, I will definitely make a lot of money again.In particular, Wanheng Real Estate is the one that has taken over the most housing stock of Mu's Real Estate with hundreds of billions of dollars.However, unexpectedly, due to the impact of the US subprime mortgage crisis, domestic housing prices have not only risen, but now they are falling in price, and no one is selling them.

why?

It's very simple. Under the financial crisis, everyone thinks that there is still room for decline, and no one would dare to buy it.If it is not lowered to a reasonable price, they will not dare to buy it even if they are beaten to death.However, if you don't buy it.These real estate developers are out of luck.You know, their development of real estate is entirely based on loans.This loan is tens of billions, hundreds of billions... If you sell a house, you can repay the loan as soon as possible without any impact.However, if you can't sell the house, the tens of billions or hundreds of billions of loan interest are enough for them to bear.

However, if Wan Heng scolds again, what can he do?With the passage of time, the incidents of US "subprime mortgage" defaults have become more and more serious.Originally, this was a breach of contract by some small investors. Although there were many, it was not very serious... it was just scary.However, at the end, some investment companies and some investment banks also entered into the practice of defaulting because they could not bear the loan mortgage.

Of course, now should have been the time when the US - the government - should have stepped in.It's a pity that under the intervention of the "Fed Chairman -", the economy should be operated according to the market and should not be subject to the principle of - government - supervision, and it will be suppressed.Thus, the subprime mortgage crisis continues.And, it began to spread around the world.

In many countries or regions, affected by subprime mortgages, the economy began to slow down.Especially Japan, Europe and the United States and other countries that are most affected by the United States.Under the influence of the subprime mortgage crisis in the United States, finally, a global financial crisis broke out.At this time, the global market is showing that the purchasing power of everyone has plummeted.Household goods, daily necessities... etc., all cannot be sold, a large number of companies have entered bankruptcy, and the number of unemployed people continues to increase.

Even China has been affected by this.For example, the stock market and the property market have been hit the hardest.

However, the center of subprime mortgages remains in the United States.

It was a sudden occurrence that was never considered before, and even after it came out now, there are no effective prevention and control measures, and the subprime mortgage crisis is getting worse.Finally, a small bank in the United States could not bear the pressure and filed for bankruptcy. This was the first commercial bank to file for bankruptcy in the United States since World War II.

Although this commercial bank is relatively small, its destructive power is more intense than the previous subprime mortgage crisis.This means that in the previous crisis, he has turned to reality.In order to appease the masses, the US-government-consciously began to release good information, and let many economists come forward.Let them tell everyone, "This is just the bankruptcy of some small investment banks. After all, they are small, poor in ability, and lack of vision. Under the financial crisis, it is normal for them to go bankrupt. For some large companies, it is impossible for them to fall into the point of bankruptcy.

It means, don’t panic, everyone, we can stand it.

However, such an idea has just appeared, and the news that "Fannie Mae" has suffered a loss of 700 billion US dollars has once again detonated the global panic about the "subprime mortgage crisis".Almost all countries in the world generally believe that the subprime mortgage crisis has escalated again and has evolved into a worldwide financial crisis.At the same time, they also called on countries around the world to unite and cooperate to jointly fight against this once-in-a-century financial disaster.

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