City: No One Understands Finance Better Than Me

Chapter 292: The lighthouse country after being hit!

It is true that the Lighthouse Country will not be able to return to last year's level.

Under the impact of the subprime mortgage crisis, the banking industry and the entire credit industry are in danger.

The real estate project fell into the situation of unsalable.

Too many C-level lenders face the embarrassment of having their houses repossessed and their benefits being expropriated because they have not received bank loans.

It can be said that the money they have worked so hard to save for most of their lives is used as a loan.

However, facing such a situation of no income, many C-level lenders with not so good credit status fell into the crisis.

And the wave of unemployment is also ups and downs.

The lighthouse country's entire national economy is now in a downturn.

That is, the investment of the lighthouse country is really not small in terms of the entire market.

Unless they can subsidize the relief loans with at least 20 guarantees of $1.0 trillion, otherwise the situation will not be effectively controlled.

And this large sum of money really makes the Fed feel stretched.

It is absolutely impossible for the Fed to issue this money, their banks will only increase their leverage.

Crazy printing of bonds in the hands to ensure that the unemployment frenzy won't intensify right now, to grudgingly get through it.

This has created an economic deficit.

Under this wave of deficit, many enterprises will face the problem of shortage of loans.

The first collapse of Morgan Bank led to the influx of large-scale investment by other banks.

A more critical point is that all banks are now facing a shortage of funds.

The Federal Reserve has urgently recalled a large amount of funds to stabilize, and there will not be a sustained downturn in the stock market and economic market.

But in this case, it is impossible to quench thirst from far away.

The ongoing financial downturn has resulted in various levels of street parades in the lighthouse country.

These parades are organized and disciplined.

Behind it, various organizations take the lead and act together, and the impact is even more conceivable.

Everyone is watching the situation of this wave.

Chu Ge looked at the information collected from various places, and the problem faced by the lighthouse country this time will not be a problem that can be solved in a short time.

Behind this, if we do not increase capital investment to ensure the stability of basic funds, I am afraid this situation will continue for a long time.

That's a gloomy picture for the economy as a whole.

At the same time, countries far across the ocean have been affected.

All kinds of materials that were originally intended to be exported to the Lighthouse Country also slowed down, and the Lighthouse Country now has no money to pay them.

Behind this, it can be seen that a large number of agricultural products and light industrial products have fallen into the frenzy of slow sales.

Coincidentally, because the financial turmoil caused by the subprime mortgage crisis swept all over the country.

The main culprit behind this financial turmoil was Chu Ge.

Morgan Bank took the lead and couldn't bear to be shorted, and abandoned the entire banking business and declared bankruptcy. The collapse of the bank made people no longer believe in the bank.

A large number of runs and turmoil emerged, and the banks were in a situation of shortage of funds.

The simultaneous selection of a large number of funds has caused the phenomenon of dykes to burst.

As a result, there is no way to recover the loans made by the bank in a timely manner, and many people have to withdraw their funds.

In this way, the entire Morgan Bank is somewhat powerless, and it can be seen that their funds have fallen into a big vacancy.

The phenomenon of the levee burst caused the government to intervene.

Baigong even issued an appeal to the people, urging them not to conduct mass formations.

And the more the banking industry and the government intervene, the people are forced to stop trusting the bank.

It's like the butterfly effect.

Chu Ge just made a small decision, but it caused a financial turmoil in the whole world.

The situation in various places has fallen into a tense process. Some are in a shortage of funds, and some are in excess of products. The losses caused by the return and the return, the various resettlement have countless funds every day, and the level of 517 white evaporates. Lose.

According to official statistics, it can be inferred that this time the financial turmoil is the beacon that the country wants to survive. If it goes to this stable period, the recovery period must be at least 5 years.

And only after half the level of prosperity can be restored, which makes the people no longer trust the government.

Especially the critical ones, all kinds of beating, smashing, looting and burning Bibi, all appeared in front of everyone.

This economic downturn, coupled with the frenzied beating, smashing, looting and burning, has an even worse impact.

I am afraid that not many people can imagine that what caused this crisis was just a small decision, and this decision has affected their whole life.

Chu Ge looked at all kinds of reports, and at this moment, he was also in a state of embarrassment.

After all, the country has not been affected by the financial turmoil.

To be precise, small and medium-sized enterprises were not affected by the financial turmoil, and the business transactions of those large enterprises were still affected more or less.

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