Rebirth of the American Tyrant

On the first Christmas Eve of the new millennium, the streets of Xiangjiang are still bustling. Excluding religious beliefs, for young people, the significance of this festival is more indulgence.

Of course, for the top rich, it doesn't matter what festivals are. When you want to indulge, you can do it every day, as long as your body can eat it.

"Daddy, the situation is not so good now. Vodafone is simply crazy. If we follow up, it may cause a lot of loss to the company." Little Superman looked a bit decadent, and the current situation is considered to be considered by him. It was a serious blow last.

The turbulent 3G movement seems a bit ungrounded. Not to mention the general population, even business people rarely try.

Now let’s not talk about the international market, even Xiangjiang seems to have big problems. HeungKong Telecom can be regarded as a leader in the industry. According to the current situation, they have no intention to roll out quickly.

"Let's let it go for the time being, one step ahead or a genius, two steps ahead may be a disaster." Old Li's mood was not very good either. If Xiangjiang's real estate is still hot, of course he has many ways to move around. It's just a pity that the property market in Hong Kong can only be described as terrible.

To be honest, Lao Li doesn't have much ideas about what the current stock price will fall into, or if the stock price continues to be low, will he not suffer a large sell-off. Only in this way can he retain absolute control of the company.

However, the rapidly declining financing capacity has made him feel bad. In this case, continuing to talk about diversity is like a joke.

Please, do your main business first and talk about other things. The downturn in stock prices and the downturn in property prices are only temporary. As an international port and a consumer market with a population of more than one billion people, it is impossible for property prices to continue to fall.

After all, it's just a question of confidence. The impact of the Asian financial crisis is basically invisible to surrounding countries. Thailand and Smecta, the most serious ones, have obvious signs of recovery.

"Son, you don't have to worry too much. We have made good returns on several domestic investments, and now the amount is not too high."

Seeing his son, who had always been very arrogant, was a little bit decadent, Lao Li couldn't help but persuade him. Or, it’s not a bad thing for young people to suffer some setbacks. This son is somewhat defiant, and now this somersault is a bit big, hope, hope this kid can get out of the predicament as soon as possible.

"Laodou, my opinion has not changed. In the future, 3G will definitely replace the current 2G. That is to say, there is no consumption habit, or the performance of current mobile phones can't keep up."

I have to say, no matter how many shortcomings this guy has, Lao Li's education is still very consistent. The eldest son is steady and good, and the younger son is smart and does very well.

It's just a pity that in the current world, Lao Li can't understand it a little, and you can still expect these junior boys to fail.

To say that it is also weird now, the property prices in Hong Kong have long since fallen and cannot fall, but this state of constant decline has never improved.

Some people blamed it on public housing, but Lao Li was very disapproving. More than 80,000 square meters sounds like a lot, but these things cannot be implemented right away. According to the plans announced now, it would be good if you can complete them in ten years.

Ten years, what is the use of these public housing numbers?

First, it cannot enter the real estate market, and second, it cannot meet the actual housing needs. If this number does not expand, it is not an exaggeration to say that it is tasteless.

As for what the market is worried about, he disagrees. Old Dong's life is not easy, you think it's a joke for a 100,000 negative equity family. The public housing offered now is good for ordinary people, but for the 100,000 middle class, it seems a bit unfair.

Or just like the younger son, Lao Dong's luck is lost. How could such a policy meet the Asian financial crisis? If it had been a few years earlier, it would definitely increase the popularity of Dong Dong.

Jason Gao also has the problem that belongs to Lao Li. If it weren't for this guy's income to be high enough, the storm this time would be enough to drive him into eighteen layers of hell.

"Husband, why should we buy a house in Los Angeles? The previous house is enough, and you don't live here permanently."

"Stupid wife, the interest rate is going to be cut, a very large rate cut. The Fed's fools have messed up. If they were not so excessive before, the impact this time will not reach the real economy.

If money is worthless, this is not the United States, this is a problem for the whole world. "

"Ah, husband, in this way, we can get rid of the real estate in Xiangjiang?"

Looking at his wife with tears, Jason Gao was speechless. You say that the wind is rain, there are so fast there. The boss just said that the U.S. Federal Reserve’s sharp interest rate cut will inevitably trigger global economic turmoil. For the time being, it may not have a direct impact on the property market. However, as the quantitative easing continues, all assets related to the US dollar may be possible. rise.

It's just a pity that this part of the rise may not bring any practical significance.

You see, property prices may have risen, but the actual purchasing power of currency is falling. Anyway, it's just a sentence, ask for more blessings, the money is starting to go bad, if there are no measures, asset shrinkage is an inevitable.

Jason Gao wasn't very smart, but since there was a bright light in front of him, he wouldn't be too confused. Xiangjiang is in a running-in period and may be confused for a while, but as the US interest rate cut is expected to increase, the era of asset bubbles is coming. This is a general trend and will not be reversed.

So, that's the case, why do you have so much cash in your hand?

It should be said that you have no way to read the opinions of many economists in this period. Or because many of them are historians who have changed careers, so they are best at learning from history.

Japan’s property market bubble collapsed, Hong Kong’s property market bubble collapsed, and the final manifestation of the Asian financial crisis was that the property market and stock market were all on the street. Therefore, when property prices in individual areas are slowly rising, the most information people hear is the bubble.

What the current property prices are too expensive, what income-expenditure ratio is seriously out of balance, what rent-sale ratio is seriously upside down. If you turn your head and read the economic newspapers at the end of the new millennium, you will find that almost all bricks are talking about bubbles.

It's a pity that our world has never seen the current situation. When John Bull dominated the world, hard currency was not a pound. If there is no precious metal as an endorsement, who knows who the lady above is.

The current situation is different. No matter how eagle sauce doesn't want 13 faces, the US dollar is also the only international exchange currency. This means that as long as they want, they can depreciate 100% at any time without any responsibility.

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