Age of Dreams

Chapter 192 "Chaos" (Part 1)

Similar to the history of the previous life.

On August 15th, US time, although it had just arrived on Monday, the two largest mortgage lenders with the “sexual” nature of state-owned enterprises in the United States, Fannie Mae and Freddie Mac, finally could not hold it back. If you make a huge loss, ask the federal government for financial assistance, otherwise it will involve the collapse of the bond market of tens of trillions of dollars!

They can't hold it anymore.

From February to now, the share prices of Fannie Mae and Freddie Mac have fallen by 70% in total, and tens of thousands of dollars in assets have evaporated, and the distance from bankruptcy is only a few cents.

The Federal Reserve has also issued a warning that if the federal government does not intervene, Fannie Mae and Freddie Mac may really drag down the entire US economy and plunge the US economy into darkness.

As mentioned earlier, Fannie Mae and Freddie Mac are companies that specialize in mortgage loans for low- and middle-income people in the United States, and they are also companies in charge of 70% of the U.S. bond issuance and circulation. They are basically bonds and mortgages. The industry's Federal Reserve.

It is even said that the Fed is a ‘private’ enterprise, but they are a serious government-sponsored enterprise, which can be regarded as a government agency.

Fannie Mae and Freddie Mac’s huge losses are not as simple as those mortgage companies, financial companies, Bear Stearns Investment Banks, etc. that went out of business before, and they passed the 2.2 trillion US dollars of housing loans that went out of their hands. , 5.3 trillion US dollars of bonds, but real hard currency.

If the two of them go bankrupt, basically the mortgage loans in the United States will be over. Then other countries and companies that bought U.S. bonds were completely dumbfounded.

In fact, after they could not support it, there were rumors about letting the government take charge, or directly declaring bankruptcy and delisting. All investors and political parties in the world are frightened.

The already very fragile global stock market immediately slumped, especially those companies that bought the bonds of Fannie Mae and Freddie Mac, all wailing.

For example, Japan's Mitsubishi Financial Group has more than 30 billion US dollars in bonds of the two housing estates in its hands, early the next morning. It fell 21% as soon as the market opened. The panic is absolutely extreme.

Then there are banks such as Mizuho and Sumitomo Mitsui, which are also involved.

Not only from Japan, but from Korea, Britain, Germany...any commercial banks and fund companies in developed countries that you can imagine are more or less involved.

Not only operating companies, but also the governments of various countries that hold U.S. Treasury bonds, such as Japan, South Korea, the United Kingdom, Australia, and other countries, are also crying without tears. I am afraid that tomorrow the bonds in my hands will become a pile of waste paper.

Banks and financial investment institutions in China also have more than $30 billion in bonds of the two housing estates in their hands.

But if you look closely, most of these institutions are small and medium-sized investment institutions, and the only big banks involved are Minsheng, Everbright, and CITIC.

The four major commercial banks of China's China Agricultural and Construction Industry, plus China Merchants and Bank of Communications, the two-bedroom bonds in the hands of the six major banks were slowly sold off as early as three months ago, with no loss at all.

The US$376 billion in bonds of Huaguo State Investment Corporation have already been put in the bag for a long time, avoiding the loss of being taken advantage of.

Heard the news. Niu Ruzheng opened the phone to Xiao Qi, and said thank you very solemnly.

Xiao Qi understood that Uncle Niu's thank you was not because he thanked Xiao Qi for giving him a great contribution, but because he thanked Xiao Qi for saving the country a huge loss.

If there is no Xiao Qi, not only can the SDIC's 376 billion U.S. dollars not escape, nor can it escape the close to 100 billion U.S. dollars in the hands of the six major banks. So much money, but we have worked so hard to make OEM products for others and make cheap factory products. It is a bit of hard work. If the financial crisis turns into nothing, I don't know how distressed it will be.

After reincarnation and rebirth, in addition to developing the smart electronics industry and making himself rich, Xiao Qi's greatest achievement was to avoid a lot of losses for the country and the people.

Don't look at this sentence as being too high-sounding, but in fact it is.

When a person's wealth reaches a certain level, then his sense of responsibility will emerge spontaneously, and he will definitely do something that can help people more.

While happy, Xiao Qi was also a little frightened.

Regardless of whether this crisis occurred in the United States, the harm to the world is not so serious. It can even be said that the United States is unlucky, and the whole world is with them.

Subordinated debt is the first wave, and US bonds are the second wave. The two attacks have caused heavy losses to financial institutions all over the world. Many of them have already broken their muscles and failed banks. Home.

But none of this is over. The collapse of Lehman Brothers in September was the real high of the financial crisis. The beginning of the ‘tide’!

Under such circumstances, the global economy has fallen into a severe crisis, so that the high-welfare countries in Europe have lost their cover and a more serious sovereign debt crisis has completely erupted.

As a result, the world economy has also fallen into the worst recession since the Great Depression in the 1930s. Even in 2013, when Xiao Qi was reborn and reborn, he did not see the slightest sign of warming.

There are many reasons for this, but Wall Street’s push to fuel the flames is definitely a **** hand.

Needless to say, subordinated debt is the financial derivative instrument invented by Wall Street. When the economy is good, this is a good thing with high profits and returns. Once the economy declines, it becomes a deadly poison.

And the current plight of Fannie Mae and Freddie Mac in the United States is also a big Wall Street factor.

Fannie Mae and Freddie Mac were established to issue home mortgage loans. They belonged to government-operated projects. Wall Street used subprime debt to mess up the procedures and rules of home mortgage loans. In the end, many unqualified people went there. Looking for mortgage loans from Fannie Mae and Freddie Mac, we got a lot of bad debts.

This can't be said that Fannie and Freddie are fools.

Fannie Mae and Freddie Mae’s personnel are mostly political and civil servants whose "sexuality" quality is guaranteed by droughts and floods. Therefore, they are concerned about the complex financial products developed by Wall Street's smartest elites. Obviously there is no resistance or analytical ability.

Then, after the subprime mortgage crisis broke out last year, the politicians who were bought by financial institutions were calling on Fannie Mae and Freddie Mac to play a role in stabilizing the real estate market, and Fannie Mae and Freddie Mae insisted on stabilizing the real estate market. Scalp bought or guaranteed 81% of the mortgage securities in the market, preparing to take the crisis hard.

But at this time, the mortgage securities sold out are the worst assets in the hands of those financial institutions, and they are hot potatoes that are longing for someone to take over.

As soon as Freddie Mac and Fannie Mae reached out, they were destined to pay for those financial institutions.

Originally, I was in the stage of serious injury, and I had to pay for those greedy Wall Street financial institutions. It is strange that Fannie Mae and Freddie Mac did not fall into a huge loss crisis!

It can also be seen how greedy and unscrupulous Wall Street is.

They are not just cheating foreigners, even the United States!

This fully illustrates the truth: in the eyes of the greedy Wall Street, there is no motherland, no enemy or me, only the slaughtered lamb.

It's no wonder that in the next few years, many "Occupy Wall Street" movements will erupt across the United States, all of which are being "forced" by these bastards!

Of course, Xiao Qi is not the kind of saint who is compassionate and compassionate. He can only worry about the situation of Chinese people. He is even happy to hear about the decline and misery of other countries, especially European and American countries.

The reason is simple. The first pot of gold developed by Western countries was obtained through plundering China.

They can have a good life today, it can be said that it is the foundation laid at that time.

Now is the time to cooperate with Wall Street and charge them interest.

But how to deal with Western countries without getting them to grasp the handle depends on the means.

In the last Eurozone CDs, which are credit default swap insurance products, Xiao Qi didn’t mix it up. The reason was that it was too conspicuous. It blatantly degraded a country’s economy, and only those brave guys on Wall Street could do it. do it.

But Xiao Qi still has to participate in the process of cutting the cake.

The opportunity lies in the plundering of the assets of European banks.

The continuous financial collapse of a country must start with the banking industry.

After the European debt crisis broke out, their banking industry suffered an unprecedented blow. Except for the three major countries of France, Germany, and the United Kingdom, almost 80% of the banks in the other countries have fallen into bankruptcy. As a result, the entire Eurozone almost fell. collapsed.

The German President Merkel was so scared that while rushing around, he was still crying at the EU General Assembly: "We have finally reached this point. Everyone must stand up and work together. Otherwise, Europe will become a piece of loose sand again."

However, Germany is destined to be unable to succeed.

Because they are not only the United States, the bad boss who does not want to see the unification of Europe~www.readwn.com~, not only the polar bears confronting the whole of Europe, but also a "good ally" who has focused on trouble-making for 500 years-Great Britain!

As early as the Louis dynasty, Britain began to provoke Europe to beat me and I beat you.

Then it was even more so in the Napoleonic era. Anyway, as long as Europe becomes stronger, it feels uncomfortable, and wants to make them miserable. It is best to do their own things and then win the chaos by themselves.

What Xiao Qi did will not be too obvious.

He only needs to follow behind the United States and the United Kingdom, and follow the European countries’ banking systems to make trouble, so that he can get huge economic benefits, weaken Europe, and not be an early bird.

To make a fortune in a muffled voice is what a wise man should do! To be continued~^~

ps: If you guys are interested, you can take a look at the relationship between the UK and the European continent. It's quite interesting. However, the United Kingdom is an island country after all, and it is not atmospheric enough, so even if it has a glorious moment, it will not achieve much in the end. --31314+dsuaahhh+24507980-->