Chapter 1062
As the world's second largest economy, Japan's every move will naturally have a major impact on the capital market.
On September 18, Yaohan officially filed for bankruptcy protection. In the following days, several small financial institutions declared bankruptcy.
Japan sensed the risk, and the first time they thought of self-protection.
To be honest, this is a very mindless behavior. The exchange rate of the yen is already very low. It used to be more than 80, but now it is 130. If it falls again, will you still leave a way for others to survive?
For example, a Crown is 3.9 million. If I bought it in the United States two years ago, it would cost less than 50,000. This price is basically the same as that of German cars.
Now, $30,000 is enough, so what kind of Camry should I buy?
The most hateful thing is that many of these commodities in Southeast Asia overlap with those in Japan. Anyway, in terms of electronic products, no one is their opponent.
Originally, the strength was strong, but now the price is 40% off. The more you overlap it, the more screwed your exit will be.
Two days later, Baodao couldn't hold on anymore. The New Taiwan dollar exchange rate plummeted 6.5% on the day.
Not much? None exceeded 10%.
Brother, the change of exchange rate is generally within 1%. Rarely say a few percent.
This is not the most important thing, Baodao is not Thailand. The capital here does not have such a high degree of freedom. There are no real estate speculators, the most important thing is that they are export-oriented, or they are playing OEM.
From this perspective, changes in the exchange rate will have an impact on them, but they will not have a great impact.
No one would have thought that Baodao couldn't hold on any longer. Without the plundering of financial speculators, the economy still has problems. Now, then, it is no longer a matter of the financial sector.
An economic crisis will break out in some areas, which is already certain.
On September 23, international speculators headed by Soros moved to Xiangjiang. Overnight, Xiangjiang's interbank lending rate skyrocketed, reaching a level of 280%.
"Old man, there will be nothing wrong with such a big battle!" After all, Superman has drunk foreign ink, and Soros' aggressiveness is rare in the international market.
Well, not at all.
Your uncle, if you were just an individual, you would have died ten thousand times, so there is no need to doubt anything.
"Baby, there's nothing to talk about." Superman Li was usually gentle with his little son. Since his son knew it was a big fight, he didn't understand why.
"Tianfan, what time is it in the United States?"
"Boss, early nine o'clock."
"Well, if you're like this, call Mr. White and see if it's convenient for him."
"Okay, hit now."
Foreign devils are reliable, and sows can climb trees. One Soros is such a big movement, if there is another William White, it will be difficult to survive.
"Hello, Li Sheng, what can I do to help you?"
"Brother William, you are welcome, I would like to ask, what do you think about Soros?
By the way, if you want to reduce your Hutchison stock, I hope you can sell it to me. "
"Ha, Li Sheng, don't joke, if you buy it at this price, you will definitely lose a lot.
Well, I have no plans to reduce my holdings, and Soros and I have always had a bad relationship. Tell me, what is your real purpose? "
"Okay, sure enough, if the conditions are ripe, are you interested in giving him a shot?"
"Li Sheng, I am a businessman, you can ignore my skin color and race. There are benefits, and everything can be exchanged."
William White's answer was not considered polite, and in the current environment, it is really not necessary. However, he gave a clear statement. On this point, let alone Li Chaoren, the old guys present were a little stunned.
This guy, you, the richest man in the world, is a counterfeit, this is too casual. Also, why do I sound like a Xiangjiang person?
"Everyone, everyone, don't doubt it. I've met that ghost a few times. He really has some language talent." Seeing a group of old guys surprised, Boss Huo came out to smooth things over. Lao Li couldn't say anything at this time, which was a bit embarrassing.
"It turns out that there is really a festival. In this way, at least, it is considered that there is one less opponent."
Both Lao Li and Lao Huo were too lazy to answer this kind of question. You don't even look at how many industries White has invested in Xiangjiang. If it is like Thailand, William White will probably go crazy.
Now you are talking about billions or billions of assets. If you really cash out, it is not bad if you can take half of it.
However, William White was able to agree to help, which was somewhat unexpected. No matter how much, this attitude is indeed unmistakable.
Go back on your word and get fat?
They don't worry, you can be deceived in the United States, but it's best not to do it in Asia. The tradition here still pays attention to honesty. For a rich man at their level, the value of his face is far more important than how many dollars.
The Hang Seng Index began to fall from 16,000 points on August 7th. In just over a month, there were only less than 10,000 points. Such a sharp drop can only be described as a stock market crash.
Well, TVB is lying down again, bastard, who told you to broadcast the big time again. As soon as this drama comes out, the stock will plunge immediately, which is more reliable than any stock critic.
There is actually no reason to attack Hong Kong papers. The reason is simple, the Hong Kong paper is linked to the U.S. dollar. In theory, if you issue one hundred yuan, you must have the corresponding U.S. dollar deposited in the central bank.
Instead of saying that Hong Kong paper is currency, you might as well think of it as a check. It is clearly printed on the face of the ticket, Standard Chartered, HSBC, Bank of China, which means that this is a bank endorsement, a cash check.
But, here it is. Short-selling Hong Kong paper, short-selling stocks, and short-selling stock indexes.
Xiangjiang is not Thailand, nor is it Smecta and Foot Basin. To be honest, except for the outrageous property prices, Xiangjiang's economy is really impeccable.
There is no foreign debt, and foreign exchange reserves exceed 100 billion. Such a small place is firmly ranked third in the world.
"Haha, they shouldn't be fighting against Soros. Naked short selling should be banned. If they play too much, they should bury this product at once."
"Ahem, ahem, ahem," Buffett looked at this gloating guy with a resentful face, and at the same time, he made a note of this guy in his heart, using any means.
"William, you are joking, they are a free port of finance."
"Hahaha, you are joking, Soros' behavior is an act of war. If it were me, this guy would have been air-dried long ago."
Buffett ignored the guy and began to think about how to play the next shot. In fact, he agrees with what William White said. It is no longer a matter of financial level. To solve such a problem, the big boss of Peanutton needs to come forward. Then, the bosses of the world, sit down and chat together.
What kind of bullshit market mechanism is simply bullshit. During the subprime mortgage crisis in the United States, why didn't the country come to take revenge?
The European friend tried it for a while, and was immediately pressed down by Ying Jiang to let the blood out.
Perhaps, limiting shorting is not a good idea either. Maybe, Ying Jiang is waiting for this. As long as you restrict, they will immediately jump out and say, what you did is wrong, what should you do.
"Good shot, Warren, you're just a little bit older, and you've got issues with your stamina. To be honest, you're playing pretty well."
Nima, you don't know how to praise people, and you don't have to. I'm old somewhere, but I'm still young, okay?
"Your idea, I don't think it will come true, Xiangjiang is still very standardized."
William White shook his head and sighed, the specification depends on who it is used on. When dealing with Soros, you don't need to think about it at all.