LATEST UPDATES

American Fortune Life - Chapter 907

Published at 7th of November 2021 08:26:45 AM


Chapter 907: 907

If audio player doesn't work, press Stop then Play button again




In a small meeting place where the Davos summit is located, two people sitting face to face on the sofa in the middle of a round platform chatting freely are taken as the center. The audience, including media reporters and elites from all walks of life, as well as some financial experts, is full of about four or five hundred people on the scene, crowding the whole small meeting place.

"Although there are still differences on whether the U.S. economy will go into recession, there is a general consensus that the U.S. economy may slow down. At the same time, we believe that the global economy will slow down due to the impact of the U.S. economy."

Andy leaned on the sofa calmly and comfortably with his face, his elbows on the armrest of the sofa and his fingers crossed in front of him. Facing Jeremy paxsman, the BBC's most powerful news interview program "news night", famous for "torture" of the guests present, Andy talked calmly.

"You said yesterday that the Fed's emergency interest rate cut was driven by the market, and the result is likely to be worse. Do you agree with Mr. Soros that this is the Fed's seemingly panic move?"

Andy smiles and shakes his head. "On the contrary, how can the government, which does not advocate intervention in the economy, and the Federal Reserve, which has always stressed the risk of inflation, change their minds and make bold moves? It's just to contain panic.

Panic is a poison to the market. It is precisely because of the market's panic over the economic prospects of the United States that the financial market has suffered a rare big decline for many years. This concern is now the dominant force in the global market.

January 21 coincides with Martin Luther King Day in the United States, and the stock market is closed. U.S. stock market opened on the 22nd, following the fall of major global stock markets, which is everyone's generally pessimistic expectation.

The Federal Reserve unexpectedly cut interest rates ahead of schedule in order to avoid this expectation becoming a reality and further aggravate the panic. From a practical point of view, a week ahead of interest rate cut has no real significance.

But from the psychological point of view, it can restore market confidence, avoid panic spread and stabilize consumer sentiment. After that, the US stock market first suppressed and then rose, and the world's major stock markets have rebounded one after another, indicating that the astonishing move of the Federal Reserve has achieved the goal of showing the world that the US central bank is acting. "

Jeremy Paxman couldn't help but smile and say: "since the goal of interest rate cut has been achieved, why do you think it will make the situation worse? Isn't that a contradiction? "

, "huh, huh, there is no contradiction. The Fed's moves are friendly to the market and inject a lot of liquidity into the financial system, but this may push another bubble economy. My worry is that the Fed's emergency rate cuts are just moving us from one bubble to another. "

"And Europe? What do you think of the wait-and-see attitude of the ECB and the Bank of England? Do you think Europe will be affected by the subprime crisis in the future, and the economy will start to decline? "

"Europe is unlikely to be immune from a global slowdown. It is expected that the European Central Bank will follow the example of the Federal Reserve in the near future by reducing interest rates after keeping interest rates unchanged for several months. In a globalized world, if the game with panic is to succeed, the Fed's actions should be responded by the central banks of other industrialized countries.

And I want to correct it. I have never said that the economy of the United States and Europe will decline!

To be honest, when the U.S. economy is at the crossroads of recession or slowdown, I choose to be optimistic. The outlook for the U.S. economy is still good, but it will slow down... "

" but we all know that you are shorting the US and Europe. How do you explain that? "

"Of course, it's to make money. I'm just a drop in the ocean. I can only follow the trend. I can't help myself to reverse the trend, can I?"

Andy for each other sharp rhetorical questions, chose to shrug and blink innocent big eyes to sell cute, said the words let the audience and the host all laugh, followed by applause, applause for Andy's Frank.

Indeed, is it wrong to make money?

"Well, Mr. Smith, your frankness makes me a little speechless. Can you predict when the subprime crisis will end?"

Andy directly gave each other a white eye and joked: "God told me that it would be a rather painful and relatively long time..."

Hahaha...

There was laughter again, but although many people were laughing, their expression became more and more dignified after laughing.

"Mr. Smith, neither the audience on the spot nor the audience in front of the TV are satisfied with your answer. We all want to hear your inference and believe that many people around the world want to know your opinion."

Jeremy paxsman's persistence made Andy feel a little helpless. He shook his head in tears and laughter. After the applause, his expression gradually became solemn. His voice was a little low: "with the impact of the subprime mortgage crisis continuing to spread to credit card, auto loan, corporate credit and other fields, the U.S. economic depression is likely to last for three years About a quarter. "

。。。。。。

"My God, I almost believe you are a good man who worries about the country and the people. Are you part of the Wall Street plot?"After the interview, Andy left the meeting in a clapping and containment. Li Xiaoying sat in the car. Andy make complaints about her eyes.

"Is authenticity important? Besides, every word I said is true. I don't want the market panic to be too serious... Keke, OK, no encouragement. How can these governments throw money into financial institutions? They really need to fasten the money bag. Whose money do we make?

It's good for us to intervene directly by the government. Banks or financial institutions applying for bankruptcy can't use cabbage price until the government takes over! "

Andy's words made Li Xiaoying slightly surprised," do you really want to buy a bank? "

"Why not? My wasp app will add the function of mobile payment in the future. There is no bank of its own as a transfer station and capital settlement bank. Does it have to wait for several days for a refund like PayPal? "

When Li Xiaoying heard about mobile payment, Mei Mou brightened up, but she soon frowned and shook her head and admonished: "the idea of mobile payment is very advanced, but the payment port needs to be accessible to Dao, and the most important point is that after years of cultivation and popularization of Americans' habit of using credit card, it will take time and market education to switch to mobile payment."

"Wow, Emily, I like you more and more. You are just my roundworm. I just said a name, you can understand and see the difficulties. Should we have a hug for our heart..."

"Go away! Who is your roundworm? It's disgusting! " Li Xiaoying blushes and grins at Andy, who looks up to her. She opens his arm directly.

When they were playing in the car, Andy's cell phone rang. He took it out of his coat pocket and saw it. He connected it directly. After a few words, he hung up quickly.

Reaching for the speaker on the armrest of the chair, he said to Kenny in the front row, "go to the traditional home restaurant!"

A frolic Li Xiaoying reached out and stroked the hair on both sides of her cheek. Her pretty face was red. After a white look at Andy, she asked, "whose private luncheon is it?"

"Rupert Murdoch!"

"What?" Li Xiaoying is a little surprised to confirm that, with a very unexpected expression on her face, she looks at Andy and says: "why is he so worried? Unless the threat of this eavesdropping event is very big, it may even cause News Corporation to lose a lot of money and shake its position. It seems that when they use eavesdropping to get news, they must touch a lot of taboos, so they want to quickly solve your big problem! "

Andy looks at Li Xiaoying, the soft face of Ning Mei's analysis. The more he looks at it, the more he likes it. It's true that genius learning bully is not covered.

"Emily, you are just a lady! Be my woman. I will treat you all my life

"Go away!"

Andy naturally knows that if he publicizes all the contents of the wiretapping scandal, News Corporation will face the United strangulation of the British and American government. After all, for so many years, the people who are offended by News Corporation are not a little bit. They have not been caught before, and many people can only bite their teeth and hate News Corporation and Murdoch. If Andy gives them Pass the knife up, this group of people will definitely tear News Corporation apart.

In order to deal with the eavesdropping scandal, Murdoch lost not only a newspaper office for a century, but also a $12.5 billion business, and was scolded and besieged by various kinds of questions. Andy didn't know what he paid in the end to suppress the British and American investigation, but the cost was not cheap.

Li Xiaoying doesn't know much about his inner feelings. He can infer these things from Murdoch's invitation to dinner. Although this can't reflect how talented he is, this kind of quick thinking reaction speed is definitely far faster than ordinary people. Moreover, he was recognized as a genius learning bully since he was a child. He didn't cross the golden fingers and crush Andy into cinders.

Unfortunately, if not, the situation is that Andy has been thinking about the talented beauty Xueba for a long time, and he has been determined to ride this hard to control Rouge horse!




Please report us if you find any errors so we can fix it asap!


COMMENTS