campus magician

Chapter 1603 The Mountain Rain Is Coming (25)
And the banks are not much better. A large number of people can't repay their loans, which is a huge loss to the banks themselves.

Real estate such as houses and cars is okay. Although the loan cannot be recovered, there are still real objects.But so many houses and cars were taken back and smashed in their hands, and they could not be sold, and they were not money. There was only one result waiting for the bank-closure.

Banks have generally collapsed, and people are even more afraid. The property market will collapse, the stock market will collapse, and all markets that are made of fine steel will also collapse.

"Looking at the current situation, the recent news is talking about these things every day. The American people are even more panicked. The unemployment rate has climbed to the highest level in history. There are frequent riots. The United States is about to go bankrupt. Absolutely can't recover." Gao Yuan said with a smile: "For so many years of arrogance in the international arena, there is always a price to pay."

At this time, facing Gao Yuan, Su Jin was sitting.

These days, whenever he has time, Gao Yuan will talk to Su Jin about international relations, the situation in the magic world, and so on.

Gao Yuan's purpose is naturally to let Su Jin grow up as soon as possible, so that he can take over the stall of the Magicians Association in the future.

When I just talked about international relations, and why I want to help those politicians deal with the impeachment of the US president and uproot Mr. K, Su Jin couldn't help but ask Gao Yuan, if the US is doing this now, isn't it self-defeating? Why do you want to help? As for the United States, Gao Yuan came slowly and analyzed it for her.

"The United States is not only an individual, but even the country is borrowing money for consumption. The whole world does not know how much money it has borrowed." Gao Yuan continued: "Although we have stabilized the economies of some regions through my business empire , but the financial tsunami initiated by Mr. K has caused a very bad situation. This cannot be avoided by any country in the world."

The role of the US dollar in the world economy is irreplaceable, at least for now.

On the other hand, the United States owes money to many countries in the world, including China, because China holds a large amount of U.S. treasury bonds. Although the financial tsunami did not affect China this time, China has also been greatly affected. loss.

"But why does China hold so many US national debts? Are the leaders of the Chinese government stupid?" Su Jin asked again.

But Gao Yuan shook his head: "Actually, holding U.S. treasury bonds is a good thing, and it's the best way out of nothing."

"Why do you say that?"

"It's a long story." Gao Yuan said slowly, "I'll just say the simplest thing. Over the years, China has been growing stronger. In fact, it is no exaggeration to say that China is no longer the world's factory. It is gradually beginning to replace the United States as the world market."

The world's factory, that was when China's economy was backward in the past, and global investment regarded China as a factory, but China had no consumption capacity.

However, the United States, which was originally a world market, does not need to do anything, consuming products from all over the world.

Now the United States can't afford anything, and the whole world is focusing on China at this time.

(End of this chapter)