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Chapter 904 US Subprime Global Payments

"A ghost, the ghost of Smith, wanders around Europe."

A passage from the airport lobby made Andy Smith completely steal Soros's limelight, and the horror ghost of the financial storm he predicted appeared again in people's most depressing moments.

In recent days, the US economy has shown a trend of "a storm is coming and wind is filling the building". First, the White House has launched a package of economic stimulus plans. The White House and Congress, which have always been quarrel, are preparing to join forces to rescue the market. Then, the Federal Reserve unexpectedly cut interest rates by only one week after its routine decision-making meeting. In the situation of credit crisis, the deterioration of the real estate market, retail fatigue, and stock market plummeting, the US government's fiscal and monetary policy have been put into practice, which has a certain comforting effect on the market, but it also has the expected effect of "a recession coming". The ghost of panic wanders around the market.

When Andy's convoy drove into the designated hotel of the Davos Forum, his words at the airport had already reached the ears of all the politicians and business elites from all over the town of Davos waiting for the opening of the conference.

Doubt, quarrel, panic, calmness, optimism, despair... gathered here for a while, and now no one will directly ignore the views and judgments of the young man Andy Smith.

At the end of 2006, this young writer who had just crawled out of the brink of depravity and had not yet shown his dazzling light said on his blog: "The US economy will enter a recession next year, which may be accompanied by the collapse of US property prices and the depreciation of the US dollar."

Last year, the US subprime mortgage crisis broke out, affecting the world and has been around for a long time. This is a prophecy.

What is even more unignorable is that with the economic crisis, the value of this American youth has skyrocketed again and again, and all investments have almost gone down. The prediction of the price of gold has made a large group of fans who believe in him make a lot of money.

After the second half of 2007, there have been many people, no, many people are always paying attention to Andy Smith's Facebook update. Facts have proved that this genius rich man has strategic thinking and predictions far beyond ordinary people, as well as a superb investment vision.

Of course, more forces and countries attribute most of this credit to the think tank that Andy Smith started to form very early. Now Gaia is also famous, otherwise Alvetre would not have been called Vulcan by Wall Street.

Only the people around Andy understand that their young boss is really awesome! The strategic height is far beyond that of the think tank. The role of the think tank is more like Andy setting the questions, and they come to help Andy complete the questions. When they finish the questions, they find that this question is the content of the next exam.

Through success after success, Andy established his prestige and easily controlled the think tank and the English.

In the hotel, Andy sat on the sofa, smiling at the TV report, turned to several main consultants of the think tank sitting beside him and said: "Panishment is what we like to see, after all, time is limited."

Alvetre smiled and looked at Li Xiaoying sitting beside him, then looked at the big boss again. Seeing that the big boss had no other signs, he said with a smile: "It's good, after all, once Wall Street and the Federal Reserve are discovered early this time, we will have much less chances. To save the market, we must keep saving the governments of various countries."

A hint of astonishment flashed slightly on Li Xiaoying's face, and a brilliant flashed in her eyes. She looked at Andy, who was smiling faintly. The two looked at each other. Li Xiaoying didn't care about anything and asked directly: "This financial crisis is indeed a conspiracy."

"Haha, the conspiracy is not counted. In fact, many people have already understood it, but everyone has profitable and no one has come forward to say it. Besides, even if it is said, it is useless. This is the general trend!

If everyone wants to make money, they can only follow the trend. The subprime mortgage crisis is just a cause. The real problem is the double deficit of the US economy, the trade deficit and the fiscal deficit. After the outbreak and deterioration of the subprime mortgage crisis, the US dollar has naturally cut interest rates continuously and significantly, creating conditions for fundamentally reducing the "double deficit".

This is also after the subprime mortgage crisis was exposed, Wall Street wants to reshuffle, the Federal Reserve and Washington have to solve the problem, just follow the trend. As for the global financial crisis, haha, who cares!"

Who cares, Li Xiaoying's hair on her back couldn't help but stutter. After her expression changed slightly, Andy was right. Not to mention individuals, now any country has to deal with this crisis with all its might. She doesn't believe that the economic personnel of these countries will not see through the US conspiracy. However, it is useless because all countries, including the United States, are very clear that it is the US dollar's international currency status, which gives the United States the privileges that are gained for nothing and the means of harming its neighbors.

"Aren't they worried that the US dollar's international status and credit will be challenged and threatened?" Li Xiaoying's question seemed naive, but in fact it was a question for many people.

"War! Start another war and shock the whole world!" Alvetre, who was holding a purple handkerchief and gently wiped his glasses, said in a clear voice and a very natural explanation.

Andy shrugged from Li Xiaoying, who was a little stunned, put down her legs crossed, stood up from the sofa, looked at Li Xiaoying with a condescending smile and said, "We can't control the war, but this feast, how much we can eat depends on our ability!"

"This makes sense. The current one-sided theory of the US dollar crisis has induced foreign investors to over-sell the holdings of the US dollar. Perhaps the United States is happy to see, and is almost equivalent to a chip washing opportunity. This is to realize that the United States plans to eliminate fiscal deficits in 2012 and restore surplus, significantly reduce trade deficits, create necessary financial market conditions, and work hard to stabilize the US dollar. It is in line with the interests of the United States. Only when the "double deficit" is completely out of the "double deficit", the US economy will enter a new development period and maintain the most core value of the US economy - the competitiveness of the capital market. This is the national strategy of the United States!" Li Xiaoying frowned slightly, slowly unfolded, looked at Andy's faint smile and expressed her judgment.

"Haha, Al, what did I say, Emily is also a person with a heart!"

The little assistant Tory Black hurriedly walked over with a straight dark blue coat, helped Andy put it on, tidy up her collar, pulled the hem, and confirmed that there were no wrinkles, Andy turned around and said to Al and Li Xiaoying: "Let's go, the opening time is up, let's listen to how those big guys solve the economic crisis!"

As a ski resort, Davos is covered in white this year. At the Davos annual meeting last year, there was almost no snow here, which caused participants to worry about global warming.

The performance of global stock markets since the beginning of this year reminds participants that the US subprime mortgage storm is expanding, and the global economy is at risk of slowing down or even falling into recession.

The conference officially kicked off at 12 noon. Andy looked at the seven co-hosts of this annual meeting on the rostrum with a calm expression, and listened to the president Klaus Schwab explaining the main issues of the conference.

Issues such as global warming and poverty eradication will still be the themes of this Davos annual meeting, but the global financial market and the future role of the United States in it have been included in the Davos annual meeting schedule.

To be honest, Andy doesn't think the Davos Forum can solve any specific problems. Perhaps there are thousands of people present, no one thinks it can solve anything.

The Davos annual meeting is indeed intriguing. Why do many government leaders and business owners attend the meeting almost every year?

In Andy's view, this is mainly because "they agree that they are all part of this group." However, for these politicians and entrepreneurs who work hard every day, they will naturally not come back empty-handed when they come to attend the meeting. They can not only show their image, but also make friends and absorb some advanced ideas.

Although we cannot expect this gathering of Englishmen from all walks of life to solve all the difficult problems, the interactive process of "this group" itself is also a promotion for specific world issues and specific areas.

To put it bluntly, no matter whether it is useful or not, it is also good to see the world. Moreover, chat, eat, and brag with people with similar identities and values. Maybe it can get some inspiration or new ideas, and may even give birth to a brand new business model, or even create a brand new industry...

Andy was a little bored to hear it, but Li Xiaoying around her would not think that the role of the Davos Forum was so unbearable. In her opinion, the biggest function of the Davos Summit was to bring people who needed to communicate but usually did not meet together and discuss problems together in the process of continuous debates, seminars, dinners and relationship building. It can promote the search for ways to solve the biggest challenges facing the world.

However, what Andy and Li Xiaoying didn't expect was that for the already-small female participants, they were still a beautiful Chinese woman. More importantly, they sat with Andy Smith, a young rich man with a strong popularity. Li Xiaoying, who also had intimate conversations from time to time, attracted the attention of many media. The media in Rabbit Country frequently targeted a fashionable outfit and elegant and gentle Chinese beauties. With the news reports in China, Li Xiaoying became popular on the Internet.
Chapter completed!
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