Smart Industrial Empire

If you don't hold them accountable, you can better grasp their investment risks.Yunfei told Su Yuxian very clearly that he knew about it when they first raised funds, and he also knew about it when they were speculating 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 obtained, but Yunfei only took half of it, and left the rest to him. Tens of millions of dollars, I really don't like it.It's just that I can't bear the betrayal...

Under the current situation, he can't do anything. Without Su Yuxian's investment in Xiangjiang, no one can take over in a short time.

It is not abnormal for the manager of an investment company to use the company's information to benefit himself and his friends. If he uses the company's money and resources, Yun Fei will never easily bypass him.It is not so easy to get news about someone Yun.

"I heard that you spared Su Yuxian?" That night, after the torment with Li Lu was over, Li Lu, who was full of spring and extremely lazy, asked Yun Fei casually.

After giving birth, her overall temperament seemed to be better.

Especially the mature taste, with a little more maternal luster, makes Yun Fei want to stop.

"Could it be possible to throw him into the sea to feed the fish? You have to forgive others and forgive others. He just operated by himself and didn't disclose the company's news. It's not bad. When the water is clear, there will be no fish..." Yun Fei's hand gently stroked Li Lu's smooth and firm skin, and said lightly.

He is now wondering whether the US economy will collapse with the financial crisis caused by the subprime mortgage crisis.What Americans are best at is getting the world to pay for their economy.

Because of the atomic bomb incident, Japan has been paying for them all these years. The economic achievements of the entire country have been plundered by the United States, leaving only a handful of useless US government bonds in their hands.The impact of the last financial crisis in the United States on the world has not disappeared, and the level of economic growth in Europe as a whole is terrible.

However, due to the promotion of real estate, China still maintains a double-digit economic growth rate.

The United States has always wanted the Chinese government to pay for them, but because of the existence of Yunfei and the influence of these years, the Chinese government has reduced its purchase of US government bonds a lot.This made Yunfei very pleased.

But in his time.The US subprime mortgage crisis is still passed on to China.

The RMB has appreciated by as much as 20.00% in just a few years[-]!In other words, the wealth of the Chinese people has virtually decreased by a quarter in those few years.

The development of the United States is basically based on this.

I heard that the country can no longer withstand the pressure from the United States and the world, and it is very likely that the RMB will appreciate.So Yunfei is desperately saving dollars now.Except for domestic funds, all his foreign funds are converted into US dollars, and he will not get them back and exchange them into RMB.

The boss above has also approached Yun Fei many times about this matter.Especially Dai Xiaolong, the governor of the National Bank, has been looking for Yunfei not once or twice.

Yun Fei told him very clearly that he would not exchange the money in his hand into RMB now.products he exports.Most of the money is in the national bank, and all kinds of costs are settled directly in US dollars instead of RMB.

Now there are tens of billions of dollars in foreign exchange that have not been settled in the bank.

It is not in his interest to convert it into RMB now. 100 billion, for more than 800 billion.When the renminbi starts to appreciate, when the highest price is reached, 100 billion can only be repaid more than 600 billion US dollars.And he is going to make the exchange when the country's negotiations with the United States are about to be overwhelmed, so as to maximize profits.

When the final appreciation is completed, he will convert it into US dollars.

In this way, 100 billion U.S. dollars in the early stage was converted into more than 800 billion yuan.Then when the dollar depreciates, it is converted into dollars.In this way, more than 800 billion yuan will become more than 140 billion US dollars!Invisibly, a 40.00% profit was made.

Swiss Bank, he also requested that all his working capital be turned into RMB.

Domestic holdings of dollars.In foreign countries, it has been changed to RMB, which makes the senior management very dissatisfied with Yun Fei's actions.If the RMB appreciates, Yunfei's assets will not only be preserved, but will also increase a lot.

certainly.If it depreciates, Yunfei can only endure the loss silently.

He is very optimistic about this, depreciating.This is a good thing for the country.His personal loss was not very great.

compared to the country.

He can be regarded as a more conscientious entrepreneur.

Otherwise, his loss in the whole of China will be greater than anyone else.Once the renminbi appreciates, in order to maintain the same bottom line of the renminbi price, the price of my country's export products expressed in foreign currency will increase, which will weaken its price competitiveness; and if the foreign currency price of export products remains unchanged, it will inevitably squeeze export enterprises. profit margins.As a result, domestic production costs are still settled in RMB, while foreign sales prices are still in US dollars. Yunfei's costs have risen, but actual sales profits have declined.

He was 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, increasing the European currency and reducing the US dollar reserve. At the same time, the settlement with African countries is even directly paid in US 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?" Seeing Yun Fei in a daze, Li Lu couldn't help asking him.During this time, Yun Fei's behavior was really abnormal.

"The project in the United States has 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 could it be more violent?" Li Lu couldn't help being a little speechless.

If it turns out that Yun Fei doesn't understand the economy, it is understandable for him to say this.

But now, he doesn't believe that Yunfei will do this.

"Once the US economic crisis becomes more serious again, the pressure on RMB appreciation will be even greater. Americans will definitely devalue their currency to release their pressure. In the 90s, the economic growth of Japan, Taiwan and other regions were all given by the Americans. It took away..." Yun Fei sighed.

It's not that he's trying to add insult to injury here.He can't silently endure his losses just because the country can't bear the pressure.

"To what extent is it going to go?" Li Lu knew that Yun Fei would not be aimless.

The premonition of Yunshen stick was too accurate.If it wasn't for this, Li Lu would have gotten into Yunfei's bed?

"About six yuan..." Yun Fei spat out the number gently.

Li Lu was shocked immediately.

She didn't question Yunfei, no wonder Yunfei held so many dollars in his hands and didn't settle with the bank.

If all settlements are made, in the future, if it is true as Yunfei said, and the level reaches 25% within a few years, their domestic costs will rise so much, and their foreign profits will drop so much.Adding up before and after, the profit will shrink a lot, even far exceeding this 20.00% five!

"Does the boss above know?"

"It depends on whether they can withstand the pressure. The country only has reserves of more than 6000 billion U.S. dollars on hand, and the loss will not be too serious. But the bankruptcy of enterprises along the coast will be unavoidable." Yun Fei does not intend to continue Let's talk about it.

Once the appreciation of the renminbi starts, domestic prices will double in a short period of time.Pork is the most obvious example. With the appreciation of the renminbi, the purchasing power should be stronger.However, during the period of RMB appreciation.Originally only five or six yuan a catty of pork, it quickly rose to ten yuan, 12 yuan!It is nonsense to say that it is good for the country!

Yun Fei is not an economist.But he was able to measure the purchasing power of money.

Maintaining the original exchange rate, he can buy 100 billion catties of pork for 20 billion yuan, but he can't even buy one billion catties if the value has appreciated!This is what he has experienced.Therefore, he will not listen to any economist who calculates for him.I don't want to listen anymore...

Before August 2007, the US subprime mortgage crisis broke out.

All this is due to the large-scale sale of the American real estate in the hands of UBS and Hong Kong Investment Group.

By the end of [-], two-thirds of the Swiss bank had been sold off, and Su Yuxian, a Hong Kong investment company, had also started to act.The range is very small, and by the time the subprime mortgage crisis was noticed in the spring of [-], only a small part was left in their hands.

On February 2006, 2, New Century Financial Corporation of the United States issued a profit warning for the fourth quarter of 13.

HSBC Holdings announced its results and added an additional US$120 billion in reserves for subprime housing loans in the United States, a total of US$155.73 billion, an increase of 43.6%. As soon as the news came out, the stock market fell sharply on the day, of which the Hang Seng Index fell 888 points, a drop of 5.2%.This is much higher than the original data should have been, and the time is also a year earlier.

Of course, Yun Fei couldn't remember exactly how much he had.

On April 4, New Century Financial, the second largest subprime mortgage company in the United States, announced to file for bankruptcy protection and lay off 2% of its employees.

On August 2006, 8, the German Industrial Bank announced a profit warning, and later estimated that there was a loss of 2 billion euros, because the "Rhineland Fund" with a scale of 82 billion euros and the bank itself participated in a small amount in the US real estate market. suffered huge losses in its business in the prime mortgage market...

Then, many investment institutions in the United States began to go bankrupt intensively...

The financial crisis caused by the US subprime mortgage market swept the world again.

The economy of the whole world is even worse!

However, the Chinese government announced the launch of a [-] trillion economic stimulus plan in order to expand domestic demand in the case of large-scale closures of coastal foreign trade processing enterprises. However, a large part of the [-] trillion economy is invested in domestic high-tech enterprises.

There is no shortage of infrastructure construction.

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, which has a better effect.

The state announced to intensify the construction of highways, and at the same time began to launch the construction strategy of provincial high-speed railways.

At the end of December 2006, the U.S. federal government announced the operation of a partial two-year bankruptcy plan...

"Have you seen it now? If our country increases the purchase of their bonds, if their business part continues to go bankrupt, when will our bonds be recovered?" Yun Fei faced Dai Xiaolong who rushed over after hearing the news, and said Guy is said to be likely to be finance minister in the next government.

"How do you know that the U.S. government will go bankrupt? Don't tell me it's a feeling. You have made tens of billions of dollars in the United States in the past few years?" Dai Xiaolong looked depressed.

The collision between the country and the United States is getting bigger and bigger. Before that, Yunfei settled all the US dollars in his hands into RMB, which was more than 300 billion US dollars!More than 2000 billion RMB has been exchanged!

And not long after the exchange, the U.S. government began to go bankrupt.

Now, if the country wants to take back the US bonds, it can only continue to buy US government bonds, and at the same time, appreciate the renminbi...

Yun Fei didn't know the above policies at all, after all, even Dai Xiaolong didn't know these at the beginning.

He himself made this plan later, 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 buy foreign exchange? Just like those companies in the 90s that rely on government loans to survive. Banks don't lend? Sorry, the company can't continue to operate, so it can only go bankrupt. We are limited Responsibility company, come, the company will give it to you, let’s auction it off, whatever you sell is yours, and if there is more, you can return it to me, if there is less, I’m sorry, I have no ability to repay it..." Yun Fei said very rough.

But it left Dai Xiaolong speechless.

What he said is true.

In the 90s, many companies continued to operate like this.

The company itself has no operating capability or profitability. For the sake of business, the banks are very loose in loan approval, especially in the years of real estate speculation in Nanhai, and the same is true for land speculation. Countless companies put their funds into it. The funds obtained from bank loans eventually burst, and many people could not repay their debts and ran away.

The loss of the country still exists.

"The U.S. government is the largest rogue company in the world. The Japanese government now holds more than 2 trillion U.S. dollars in foreign exchange. Is it useful now? Do they dare to continue to buy? But they still have to continue to buy, otherwise, Their foreign exchange of more than 2 trillion US dollars is a pile of shit... Their domestic economy is not good, but the government still has to continue to buy, and the same is true for European countries. If you follow your plan at the beginning, if China holds tens of thousands of dollars in its hands now billion dollars..." Yun Fei looked at Dai Xiaolong playfully when he said this.

Cold sweat suddenly broke out on his thick forehead.

From the very beginning, Yunfei was preventing the country from buying too many US government bonds, especially in recent years because of the increasing fiscal deficit of the US due to war... (To be continued..)