enchanting bodyguard
Chapter 1293 Big Crash!
Chapter [-] Crash!
This time, several major banks are determined to lose money to do big things.Finally, under the situation of the sharp shrinkage of the financial industry, the real economy of the United States has of course been greatly affected.
Many industries have begun to shrink, production has begun to shrink, and layoffs are inevitable.
But now, at this critical juncture, layoffs will cause big problems!This is closely related to the mainstream consumption pattern in the United States.
As we all know, the United States is a country with a very strong concept of advanced consumption. A large number of working-class people, even high-paid white-collar workers and gold-collar workers, regard overdraft consumption as their main consumption mode.Yes, they spend more and enjoy more, but they also earn more and have a strong ability to repay their debts.
Moreover, the United States has always talked about this consumption model and advocated its superiority.Because of this strong consumption power, it strongly stimulates economic growth.After all, the troika of consumption, investment and export is the main engine driving economic growth.In fact, this is indeed the case. The strong domestic consumer market has made a huge contribution to supporting the huge economic scale and amazing economic prosperity of the United States.
However, this consumption model, which was once regarded as advanced, bold and confident, has created huge hidden worries.The situation of spending all the money and overdrafting without money has become too common and even too rampant, creating countless "moonlight clans", "sunlight clans", and even violent people who dare to spend money even if they have no money.The existence of these people is a major hidden danger to the US economy.Once these people's solvency problems suddenly appear, a huge avalanche will follow, and the snowball will get bigger and bigger, and it will be impossible to clean up.
And it is the credit cards issued by the major banks that have single-handedly created this cancer and are likely to pay a high price for it in the end!
In the beginning, as a status symbol of the rich and a new financial product, credit cards were strictly controlled and approved.Many rich people, celebrities, and entrepreneurs hold this thing, as if it represents their own taste.And within this range, credit cards are undoubtedly quite safe.Moreover, it does bring great convenience.
At the same time, when using a credit card for consumption, the bank charges a certain percentage of each transaction.For example, if you use a credit card to pay [-] U.S. dollars in a hotel, the bank will charge a few hundred U.S. dollars.Although the ratio is only a few percent, this is a no-cost business that sits on the ground and divides the spoils!Moreover, the number of such consumption is many, and the accumulated income is extremely considerable.
When a large number of banks tried the huge profits brought by credit cards, the greedy nature of money began to expand rapidly.Gradually, the issuance of credit cards began to spread to the middle class, and then extended to the ordinary working class and even school students.However, due to the extreme expansion of the scope of credit card issuance, the threshold for credit card issuance had to be greatly reduced.Therefore, the repayment ability of users who apply for credit cards is almost ignored.
Therefore, there are many similar people in the United States-once the income is reduced or the job is lost, it is difficult to pay off the credit payment.Moreover, once these people leave this kind of circular consumption and overdraft consumption, they will immediately become penniless paupers.Don't look at him driving a Mercedes-Benz and living in a house of several hundred square meters, but those things are all loans - car loans, mortgages... Except for a pile of bank bills, they have nothing.
……
Nowadays, due to various problems in the real economy, many companies have begun to lay off employees.And these people who have been abolished, how can they continue to pay the huge overdraft expenses.As a result, many banks began to be unable to recover credit card loans, and even car loans and housing loans.
Today, this huge boom bubble has begun to show signs of collapse.
Afterwards, the banks controlled by Rudolph and Yu Jiuling made a series of urgent and forceful measures, which made the situation worse, and a large number of consumers fell into personal bankruptcy due to insolvency.This time, finally, it is on the huge economic bubble in the United States that the last finger is poked out!
The overall collapse of the credit card system has cost banks trillions of dollars!As a result, many banks have paid a heavy price for their previous excessive greed.Some even directly declared bankruptcy.
The large-scale collapse of the banking industry directly led to an economic storm in the entire field.Information industry, electronics industry, manufacturing industry, construction industry, catering, tourism, transportation... A series of follow-up effects were displayed, and the disaster caused shocked the whole world.
The collapse of the credit card system has become the chief culprit of this financial crisis and even the economic crisis, and it has also become the first domino to fall in this crisis.
When the collapse of the economy is inevitable, the resulting crisis becomes a snowball that gets bigger and bigger, rolling unscrupulously into various fields.Especially when the traditional real economy is being devastated, the Great Depression of the United States is coming!
The myth of the American economy is shattered!
Such a terrible economic crisis is simply more severe than the losses caused by a war.The streets are in a bleak state, with businesses closing down, closing down, closing down one after another... Unfavorable news is everywhere, extreme panic and unrest have caused extreme chaos, and various contradictions accumulated in society have gradually erupted.
In the context of this global economy, the financial crisis in the United States is like a huge nuclear bomb, and its energy spread across the ocean to all parts of the world.The most affected is its traditional ally, the United Kingdom.Because those banks in the UK also resorted to similar tricks under the instruction of Yu Jiuling and Rudolph.What broke out in the United States was a large economic nuclear bomb, and what broke out in the United Kingdom was a small nuclear bomb.And when the energy of the economic explosion in the United States spread over, the energy of the small nuclear bomb was infinitely magnified!
Then came the economic collapse that spread across the continent.
This is a worldwide economic crisis, and even large economies such as Huaxia and Shimao in Asia cannot be immune to it alone.Because of the high degree of economic interdependence between them.For example, the collapse of the European and American economies will inevitably lead to a sharp drop in China's exports, which is inevitable.
However, as the person who planned this matter at the beginning, Huaxia certainly would not fail to prepare.Effective precautions have minimized this impact.To use a simple analogy, in this global economic crisis, if the loss of the United States is 100, perhaps the United Kingdom can reach 80, and the rest of the large economies can reach 60.As Huaxia, which had been prepared for a long time, although it also suffered a lot of losses, it only lost 20.Of course there is no such precise figure, this is just a simple metaphor.
You can still try to kill [-] enemies and lose [-] yourself.Then, why not do the thing of killing [-] enemies and injuring yourself by [-]?
This is a big victory!It should be done in a big way!
In this terrifying financial war, the tactics used by the Yu family and the Rothschilds at the beginning were very simple, even stupid - a pure suicide attack, a brazen attack launched by self-mutilation.This time, the Yu family's trillion-dollar assets shrank sharply by 20.00%.And Rothschild's loss was even more severe, losing more than [-]% of his wealth, which was even worse than Rudolph's original prediction!
In fact, if it weren't for such a suicide attack, who could easily shake the US economic market?
However, things have come to this point, and the two super rich have also looked away.Money is earned, and it will pile up sooner or later. The two super-wealthy families that have lasted for hundreds of years can correctly face such a loss.Because their internal experts have seen through it—this time, they exchanged the immediate money loss for a bright future.Compared with the future, the current loss is completely acceptable!
Because the current situation is too clear—with the ebb and flow of the economic situation, China has replaced the United States as the global economic center and economic hegemony, and it is already unstoppable!This huge crisis far surpassed the financial turmoil of [-], and the terrorist impact it brought may last for five or eight years...?Unpredictable.But even according to the most optimistic estimate, five years later, the United States, which has just emerged from the economic disaster, may be shocked to find that the throne of economic hegemony has changed hands!
That's right, the previous Huaxia has steadily become the second largest economy after the United States, and the speed of economic development has far surpassed it.Now it has only suffered a little damage, and under the premise that its own economy is generally improving, there is no need to talk about "recovery" in China's economy, it is nothing more than a slight slowdown within a year or two.This situation where the world is in a state of depression and I am the only one thriving will also trigger a high-speed flow of global economic capital and intellectual capital, all of which will flock to China, the economic highland.
The Yu family and the Rothschild family, who have suffered a lot this time, will benefit a lot from the early shift of strategic focus. 150 years ago, the Rothschild family accurately judged that the center of the world economy had shifted from the United Kingdom to the United States, and thus made a big shift accordingly, which brought huge benefits to the family.So much so that the Yu family, whose strength was almost the same as it, was thrown away by it by a large distance.Today, even if the Rothschild family is damaged, their existing assets exceed an astonishing three trillion U.S. dollars.The Yu family, whose losses were relatively light, was still less than a trillion dollars.
This shows that making a worldwide economic forecast will have a significant impact on the development of the next 200 years.
This time, Rothschild was "forced" to make an accurate prediction, and once again bet on an emerging country-China.
Congratulations to it, bet on it!
In the next one or two hundred years, the extra income they can obtain will be far higher than the loss this time.For the Yu family, it was the same situation.
A brand new economic era has begun!
In the next century, two centuries, or even longer, it will turn a magnificent page for a new great country!
This time, several major banks are determined to lose money to do big things.Finally, under the situation of the sharp shrinkage of the financial industry, the real economy of the United States has of course been greatly affected.
Many industries have begun to shrink, production has begun to shrink, and layoffs are inevitable.
But now, at this critical juncture, layoffs will cause big problems!This is closely related to the mainstream consumption pattern in the United States.
As we all know, the United States is a country with a very strong concept of advanced consumption. A large number of working-class people, even high-paid white-collar workers and gold-collar workers, regard overdraft consumption as their main consumption mode.Yes, they spend more and enjoy more, but they also earn more and have a strong ability to repay their debts.
Moreover, the United States has always talked about this consumption model and advocated its superiority.Because of this strong consumption power, it strongly stimulates economic growth.After all, the troika of consumption, investment and export is the main engine driving economic growth.In fact, this is indeed the case. The strong domestic consumer market has made a huge contribution to supporting the huge economic scale and amazing economic prosperity of the United States.
However, this consumption model, which was once regarded as advanced, bold and confident, has created huge hidden worries.The situation of spending all the money and overdrafting without money has become too common and even too rampant, creating countless "moonlight clans", "sunlight clans", and even violent people who dare to spend money even if they have no money.The existence of these people is a major hidden danger to the US economy.Once these people's solvency problems suddenly appear, a huge avalanche will follow, and the snowball will get bigger and bigger, and it will be impossible to clean up.
And it is the credit cards issued by the major banks that have single-handedly created this cancer and are likely to pay a high price for it in the end!
In the beginning, as a status symbol of the rich and a new financial product, credit cards were strictly controlled and approved.Many rich people, celebrities, and entrepreneurs hold this thing, as if it represents their own taste.And within this range, credit cards are undoubtedly quite safe.Moreover, it does bring great convenience.
At the same time, when using a credit card for consumption, the bank charges a certain percentage of each transaction.For example, if you use a credit card to pay [-] U.S. dollars in a hotel, the bank will charge a few hundred U.S. dollars.Although the ratio is only a few percent, this is a no-cost business that sits on the ground and divides the spoils!Moreover, the number of such consumption is many, and the accumulated income is extremely considerable.
When a large number of banks tried the huge profits brought by credit cards, the greedy nature of money began to expand rapidly.Gradually, the issuance of credit cards began to spread to the middle class, and then extended to the ordinary working class and even school students.However, due to the extreme expansion of the scope of credit card issuance, the threshold for credit card issuance had to be greatly reduced.Therefore, the repayment ability of users who apply for credit cards is almost ignored.
Therefore, there are many similar people in the United States-once the income is reduced or the job is lost, it is difficult to pay off the credit payment.Moreover, once these people leave this kind of circular consumption and overdraft consumption, they will immediately become penniless paupers.Don't look at him driving a Mercedes-Benz and living in a house of several hundred square meters, but those things are all loans - car loans, mortgages... Except for a pile of bank bills, they have nothing.
……
Nowadays, due to various problems in the real economy, many companies have begun to lay off employees.And these people who have been abolished, how can they continue to pay the huge overdraft expenses.As a result, many banks began to be unable to recover credit card loans, and even car loans and housing loans.
Today, this huge boom bubble has begun to show signs of collapse.
Afterwards, the banks controlled by Rudolph and Yu Jiuling made a series of urgent and forceful measures, which made the situation worse, and a large number of consumers fell into personal bankruptcy due to insolvency.This time, finally, it is on the huge economic bubble in the United States that the last finger is poked out!
The overall collapse of the credit card system has cost banks trillions of dollars!As a result, many banks have paid a heavy price for their previous excessive greed.Some even directly declared bankruptcy.
The large-scale collapse of the banking industry directly led to an economic storm in the entire field.Information industry, electronics industry, manufacturing industry, construction industry, catering, tourism, transportation... A series of follow-up effects were displayed, and the disaster caused shocked the whole world.
The collapse of the credit card system has become the chief culprit of this financial crisis and even the economic crisis, and it has also become the first domino to fall in this crisis.
When the collapse of the economy is inevitable, the resulting crisis becomes a snowball that gets bigger and bigger, rolling unscrupulously into various fields.Especially when the traditional real economy is being devastated, the Great Depression of the United States is coming!
The myth of the American economy is shattered!
Such a terrible economic crisis is simply more severe than the losses caused by a war.The streets are in a bleak state, with businesses closing down, closing down, closing down one after another... Unfavorable news is everywhere, extreme panic and unrest have caused extreme chaos, and various contradictions accumulated in society have gradually erupted.
In the context of this global economy, the financial crisis in the United States is like a huge nuclear bomb, and its energy spread across the ocean to all parts of the world.The most affected is its traditional ally, the United Kingdom.Because those banks in the UK also resorted to similar tricks under the instruction of Yu Jiuling and Rudolph.What broke out in the United States was a large economic nuclear bomb, and what broke out in the United Kingdom was a small nuclear bomb.And when the energy of the economic explosion in the United States spread over, the energy of the small nuclear bomb was infinitely magnified!
Then came the economic collapse that spread across the continent.
This is a worldwide economic crisis, and even large economies such as Huaxia and Shimao in Asia cannot be immune to it alone.Because of the high degree of economic interdependence between them.For example, the collapse of the European and American economies will inevitably lead to a sharp drop in China's exports, which is inevitable.
However, as the person who planned this matter at the beginning, Huaxia certainly would not fail to prepare.Effective precautions have minimized this impact.To use a simple analogy, in this global economic crisis, if the loss of the United States is 100, perhaps the United Kingdom can reach 80, and the rest of the large economies can reach 60.As Huaxia, which had been prepared for a long time, although it also suffered a lot of losses, it only lost 20.Of course there is no such precise figure, this is just a simple metaphor.
You can still try to kill [-] enemies and lose [-] yourself.Then, why not do the thing of killing [-] enemies and injuring yourself by [-]?
This is a big victory!It should be done in a big way!
In this terrifying financial war, the tactics used by the Yu family and the Rothschilds at the beginning were very simple, even stupid - a pure suicide attack, a brazen attack launched by self-mutilation.This time, the Yu family's trillion-dollar assets shrank sharply by 20.00%.And Rothschild's loss was even more severe, losing more than [-]% of his wealth, which was even worse than Rudolph's original prediction!
In fact, if it weren't for such a suicide attack, who could easily shake the US economic market?
However, things have come to this point, and the two super rich have also looked away.Money is earned, and it will pile up sooner or later. The two super-wealthy families that have lasted for hundreds of years can correctly face such a loss.Because their internal experts have seen through it—this time, they exchanged the immediate money loss for a bright future.Compared with the future, the current loss is completely acceptable!
Because the current situation is too clear—with the ebb and flow of the economic situation, China has replaced the United States as the global economic center and economic hegemony, and it is already unstoppable!This huge crisis far surpassed the financial turmoil of [-], and the terrorist impact it brought may last for five or eight years...?Unpredictable.But even according to the most optimistic estimate, five years later, the United States, which has just emerged from the economic disaster, may be shocked to find that the throne of economic hegemony has changed hands!
That's right, the previous Huaxia has steadily become the second largest economy after the United States, and the speed of economic development has far surpassed it.Now it has only suffered a little damage, and under the premise that its own economy is generally improving, there is no need to talk about "recovery" in China's economy, it is nothing more than a slight slowdown within a year or two.This situation where the world is in a state of depression and I am the only one thriving will also trigger a high-speed flow of global economic capital and intellectual capital, all of which will flock to China, the economic highland.
The Yu family and the Rothschild family, who have suffered a lot this time, will benefit a lot from the early shift of strategic focus. 150 years ago, the Rothschild family accurately judged that the center of the world economy had shifted from the United Kingdom to the United States, and thus made a big shift accordingly, which brought huge benefits to the family.So much so that the Yu family, whose strength was almost the same as it, was thrown away by it by a large distance.Today, even if the Rothschild family is damaged, their existing assets exceed an astonishing three trillion U.S. dollars.The Yu family, whose losses were relatively light, was still less than a trillion dollars.
This shows that making a worldwide economic forecast will have a significant impact on the development of the next 200 years.
This time, Rothschild was "forced" to make an accurate prediction, and once again bet on an emerging country-China.
Congratulations to it, bet on it!
In the next one or two hundred years, the extra income they can obtain will be far higher than the loss this time.For the Yu family, it was the same situation.
A brand new economic era has begun!
In the next century, two centuries, or even longer, it will turn a magnificent page for a new great country!
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