novelden Chapter 124
Chapter 124
Chapter 0124 A global economic and financial crisis is about to break out!!
“If nothing else, there are already signs.”
Qin Xuan said in a deep voice.
“If you think about it, is there anything extremely abnormal in the world recently?”
Extremely anomalous situation?
The three couldn’t help but fall into deep thought.
Seeing this, Qin Xuan said slowly.
“In the United States, several states have already demonstrated to protect their agricultural products and raise import tariffs.”
“This… On Lao Mi’s side, didn’t there be a demonstration at two ends in three days? ”
Qin Xuan shook his head: “In the past, for this kind of demonstration, the governments of all major states in the United States would take gentle measures and stop it with soft knives. ”
“But this time is different, the attitude of the US state governments is quite warm, and trade protectionism has a rising trend.”
“If nothing else, the next step will be the rise of far-right political forces in the United States.”
Qin Xuan took a sip of wine and continued.
“Also, the situation in the Middle East has become deteriorating day by day, conflicts, increased frictions, oil exports and supplies have begun to become unstable, and oil prices have fluctuated greatly.”
“Then there was also a clear message that the two companies of Matsugami and Xiapu in the island nation suffered an unprecedented terrorist blow, and even the headquarters building collapsed.”
“In the future, the science and technology innovation sector will fall into a quagmire and it will be difficult to move an inch!”
Hearing this, the eyes of the three were a little strange.
Especially the charter king, looking at Qin Xuan’s expression, secretly said in his heart: Xiao Xuan, isn’t this your handiwork? How is it still related to the economic crisis.
When Qin Xuan saw everyone’s expressions, a look of embarrassment in his eyes also flashed and forgot, these three may know that the collapse of these two buildings in the island country was done by themselves.
Well, forget it… Moving on to the point.
“Sima Jianyun of my company, some time ago, because of the acquisition of shares of Standard Chartered Bank, has been running around the world.”
“He is known to be a person who likes to extract effective information from local newspapers, so everywhere he goes, he will look for the best-selling local newspapers to find out.”
“And during this time, he discovered something strange.”
Speaking of this, Qin Xuan glanced at everyone, and slowly and methodically grabbed the wine glass.
But the wine in the glass had already been drunk by him just now.
Seeing this, Huo Yingdong hurriedly grabbed the wine bottle and filled it for him: “Qin Sheng, don’t hang our appetite, hurry up and say it!” ”
“Huo Sheng, you can’t eat hot tofu in a hurry.”
Qin Xuan quipped with a smile.
“Okay, I’ll continue.”
Sima Jianyun found something very interesting from the newspaper. The global money supply is constantly increasing, but strangely, the supply of commodities has a strange slow-moving situation. ”
“It stands to reason that the additional printing of money will greatly stimulate the consumer market, and the sales volume of goods will continue to rise, especially in the FMCG industry.”
“But whether it’s New York and Boston in the United States, or London in China, or even Amsterdam in the Netherlands, all the phenomena are the same.”
“What’s more, in Stamford in the United States, the city has experienced a relatively serious consumption delay.”
“A lot of shops are being listed for sale, which is difficult to maintain.”
“It can be seen that perhaps the economic crisis is coming much faster than we think.”
Qin Xuan’s words made everyone speechless.
Originally, everyone thought that there would be nothing, but after Qin Xuan’s analysis, all of a sudden, everyone couldn’t help but get nervous.
If this is what he says, then the economic crisis is already imminent.
Just like a snowy mountain, it has accumulated white snow, and what awaits is an opportunity.
Just a single goose feather can trigger the entire chain reaction.
Under the avalanche, not a single snowflake will be innocent.
Now that Qin Xuan has received an early warning, it is time to carry out targeted defensive tightening in response to the economic and financial crisis.
The charter king, who was originally planning to build a new cruise ship, immediately had a plan in his heart at this time.
Lockout!
No matter how much he has already completed, let’s stop working first.
Minimize losses!
And Huo Yingdong and Shen Bi also have similar ideas.
They immediately got up and started making a call.
The overseas expansion business has temporarily slowed down, and all these assets in hand will be transferred to risk first.
These buddies have a lot of overseas assets.
It will be really difficult to cut for a while, it will take some time.
In fact, if you change to someone else, it will definitely hurt.
After all, if you give up now, the loss is not small.
But in the face of the coming financial crisis, these losses are the so-called sunk costs.
The sunk cost cannot be calculated in detail, otherwise, it will feel that the more you calculate, the more you lose.
Only by withdrawing and stopping, these lost costs are not calculated, so that they will not be poured more principal.
Meanwhile.
The United States is far away on the other side of the ocean.
William Everard Simon, the sixty-third finance minister in the history of the United States, was sitting in his office at this time, his eyes blank and covered in cold sweat.
Yes, he found a very serious problem.
“God, why does it have to be me?”
He looked at the ceiling and muttered.
In front of him are the national financial statements for the first half of this year.
Before becoming Secretary of the Treasury, William Edward Simon was a well-known entrepreneur, philanthropist, and staunch advocate of the free economy.
He has always been quite disgusted and strongly opposed to the use of gold as an international monetary resource.
Gold is a precious metal, and he prefers private ownership.
It is precisely because of his series of measures that the current gold stock in the United States is quite low.
As a general equivalent, the amount of gold in stock is the fundamental and cornerstone of banks’ response to risks.
Although his practice has the intention of hiding wealth for the people, it is actually harming the interests of the bank in disguise.
According to the current statistics, the output value of industrial production in the United States has decreased significantly compared with last year.
Of course, this can be considered to be caused by the influx of cheap goods from island countries into the US market and the dimensionality reduction blow.
But on some level, this also exposed the weakness of the post-war industrial system in the United States, and even the phenomenon that many manufacturing factories that relied on the rise of World War II closed their doors.
Most importantly, the unemployment rate has risen by 0.31 percentage points compared to last year.
Although it may not seem like a lot, if you multiply it by the total population of the whole meter, it is not a small number.
If that’s the case, it’s not at all desperate, at most it’s just a little tricky.
It’s not that there is no way to solve it.
And what makes William Edward Simon feel restless is that throughout the world, the output value of the industrial industry has also fallen sharply and shrunk!
Compared with the United States, the country of Huan, the country of hair and the unemployment rate of the country of the country, that is really shocking.
The unemployment rate in Hakoku is 0.53%!
The unemployment rate in Germany is 0.64%!!
The unemployment rate is as high as 0.61%!!
What particularly chilled William was that, in addition to these three countries, there were many other European countries where unemployment rates fluctuated sharply linearly.
This shows that the crisis in various countries is already close at hand.
What remains to be seen now is whether they can navigate the crisis.
To be honest, it’s a bit hard.
William now has two options: either immediately contact the finance ministers and discuss with them how to deal with the next financial crisis.
But on the other hand, it is clear that since this economic and financial crisis is inevitable, it will take one or more countries to pay for this risk.
For William, now that he has sensed that something is wrong, he must either resist the risk together or be left alone.
If you resist the risk together, the United States will definitely suffer losses, and the monthly loss should not be too small.
There is a big question mark on whether the United States can continue to maintain its hegemonic position in the future.
But if you choose to stand alone, after discovering these signs and signs, choose to withdraw and quietly prevent, the United States will not dare to say how much benefit it has received in this crisis, but at least it will definitely not be quite serious.
This matter is too related, directly affecting the lives of millions or even tens of millions of Americans… It seems to have exceeded the scope of his functions.
“No, I must meet the president immediately!”
With this in mind, William came to the Pentagon.
“Dear Mr. William, my dear Minister of the Treasury, do you bring me any good news?”
Gerald Rudolf Ford, the 38th president of the United States, was sitting on the sofa with a cigar in his mouth.
He signed the Helsinki Agreement before, and countless American soldiers were finally evacuated from the jungles of Southeast Asia…
For the whole society, this bill he signed ushered in countless flowers and praise.
If nothing else, among the presidents of the whole meter, he is definitely the one who can leave a good name.
After all, it was he who single-handedly pulled these innocent soldiers back from the quagmire of war.
What a great feat!
Just as he was immersed in self-satisfaction, Finance Minister William knocked on his door with a heavy face.
And then there was the previous scene.
“Dear Mr. President, I think we may be in big trouble.”
Finance Minister William, said in a deep voice.
Gerald was slightly stunned, and his face suddenly changed.
“Damn, are you saying that the monkeys who live in the rainforest repented and launched a sneak attack?”
“No, it’s not, Mr. President.”
William shook his head.
“The Secretary of Defense should know this kind of thing better than I do. I have come here to tell you that we are about to face a major financial crisis. ”
“What do you mean?”
“That means we could have a Great Depression in the next few weeks or even years.”
William said seriously.
“At that time, your favorite cigars, wines and luxury goods will be gone.”
“Shett! Damn, are you serious William? ”
Gerald’s eyes were full of disbelief.
“No, no! I must not allow this kind of thing to happen! ”
“That’s exactly what I want to say, Mr. President.”
William said.
“Now, we have two options. Or, inform the world’s major developed countries that we will carry this economic and financial crisis together. ”
“Or, let’s not say anything, secretly accumulate strength to deal with this economic and financial crisis.”
The president got up and paced back and forth in the room.
After a while, he suddenly raised his head and asked, “If we choose not to say it, but prepare to deal with it in private…”
“Then other countries will be severely affected by the Great Depression, and GDP will fall sharply. The country’s level of development will go back to ten or even twenty years ago. ”
Hearing this, Gerald’s eyes shone brightly.
“Aha! That sounds great, William! What do you think? ”
“I don’t know, I just know that this matter is quite serious and beyond the scope of my function, so it needs to be decided, Lord President.”
“God bless Miriken!”
Gerald drew a cross on his chest and said categorically.
“Dear Mr. William, first of all, you are the finance minister of the United States, so all your starting points should be considered to be our United States, not other countries.”
“Yes, Mr. President.”
“So, let’s start preparing, we should also take this opportunity to plunder the world’s property!”
Gerald said with a sly smile.
“I estimate that after surviving this Great Depression, our United States will be able to lead the whole world for at least thirty years!”
“It should be fifty years.”
William corrected.
A secret conversation between the two decided what kind of horror the upcoming economic and financial crisis would turn into next.
This time, the whole world will pay a heavy price.
However, several families far away in Xiangjiang.
At this time, it has already taken a step ahead of the US government and taken action.
Qin Xuan completely shut down many of the businesses of Standard Chartered Bank in his hands.
Only the most basic savings function was retained, and he even lowered the exchange rate of deposits to encourage depositors to withdraw their savings from their bank accounts and use them for consumption.
In this way, the run can be greatly reduced.
But the same approach doesn’t apply to the branches of his First National Bank in Boston in Xiangjiang.
In the beginning, it was under the guise of high deposit interest rates that so many depositors were attracted to it.
If you lower interest rates rashly, you will be in big trouble.
So, in order to cope with the sudden run, he began to send a large amount of cash to sixteen branches.
Moreover, the funds and loan businesses on hand have all been cut, and the beneficiary of the cut is HSBC.
To be honest, HSBC is also in the shadows now: what’s the situation? Happiness came too suddenly, right?