Chapter 1076 You Cannot Manipulate the Market

"Mr. President, they are destined to go bankrupt. I really don't understand. What is the purpose of aiding Smecta?"

Old Ke was speechless, he had a pretty good relationship with Robert Rubin. In fact, he also supported the theories of the Chicago School.

However, regarding Smecta, you must have political considerations.

Although this little brother is somewhat unclear, its position is really embarrassing. If we don't save this, how will you make other friends think.

"This is a mistake. It is too arbitrary. The economy has its own laws of operation, and human manipulation is not a good idea."

Watching Greenspan talking eloquently on TV, William White gracefully raised his middle finger.

"Lisa, change the channel, what kind of rubbish program is this?"

"Okay, boss."

The corner of Buffett's mouth twitched a little. This guy didn't show any respect for the old man.

The Hong Kong Monetary Authority intervened in the end, investing US dollars in the market was not counted, and it was still buying constituent stock indexes.

Malaysia, it is said, they have plans to further limit capital.

Fuck, how can you do this, if so, how should we end up?

"Why, is there something wrong with marketization?"

"No, no, no, you're wrong, Warren, I'm not against the market mechanism. What I care about is the principle of fairness.

Abandoning Thailand and rescuing Smecta, what is the basis for this?

Shit market mechanism, when Alan Greenspan went into battle shirtless when aiding Mexico, now it's all right, he's talking about the market mechanism.

You said, Warren, this kind of guy who runs the train with his mouth, shouldn't I say hello? To be honest, his acting level is so bad, it really disgusts me. "

"Ahem, cough, you, you really have a poisonous tongue."

Buffett didn't hear any news, but he wasn't disappointed either. William White acted very relaxed, as if he didn't care about it anymore.

You know, the current Korean won is close to the two thousand mark. Nima, if you invest in Korean won-based assets, even if the assets do not depreciate, you will lose 70% of the principal.

However, if your exchange rate has fallen by 70%, how can your assets not depreciate? Half of it is gone, which is the minimum.

Then you do the math, and more than 80% of the principal will be gone. If you count the cost of capital, even without leverage, your investment has been cleared.

Investment bank investment, who will not have leverage, and who will not make a second pledge?

Smecta's pot is really a bit too big. The Japanese cried, and they were the ones who invested the most. The Smecta country went bankrupt, and their banks here also suffered bad luck.

The capital adequacy ratio of Japanese banks is insufficient, and a considerable part of their assets are either stocks of other banks or stocks of their own banks.

Is it a bit like a chain boat?

Don't be surprised, banks play like this. The rabbit country is more interesting, and there are mutual guarantees.

The bank is not at ease when your company takes out a loan, so you need to find a guarantee. The company that guarantees you also needs your help. In the end, hundreds of companies were all tied together

Banks are risk-free, what about enterprises? If one family is unlucky, a large area will fall.

Therefore, at this time, assistance to Smecta is inevitable. Since you can, why do you say that people can't save themselves.

If the U.S. imperialists do not save Smecta and bring Soros back home, then the market mechanism is not a problem. In terms of efficiency, the market mechanism is indeed good.

But, please, don't use two sets of standards, okay?

Don't be afraid to use it, you still have the face to criticize others.

For one million dollars, I can help you build a house with the best materials. One hundred thousand dollars, then only ordinary materials can be used.

Ten thousand?

You actually questioned why I built a bamboo building?

Shit, since you refuse to help, of course I have the money to do so many things.

There is no doubt that the US emperor wants to save Smecta. Later, Smecta made a movie called The Day of National Bankruptcy.

To be honest, what it means is this, many important things, you avoid the important things and ignore them.

The IMF has become the big villain. However, it is just an IMF. Whoever has the most shares has the final say. Why, dare not say the United States emperor, Japan also dare not say it?

What's more, other countries may be innocent, and Smecta's disaster is definitely their own fault.

Everything likes to be big, and everything is concentrated to deal with it. You use the national team to play self-employed. There is no glory in winning, and it is even more shameful to lose.

In fact, it’s nothing like this. You can decide on your own country’s affairs. However, it is a little unreasonable for you to do this under the banner of the market mechanism.

It's obvious that he is playing crash by himself, but he likes to throw blame everywhere. Soros' goal has never been Smecta.

According to the urination of this guy, do you think Japan can escape?

It was just a pawn, and the target was not chosen by him.

"Boss, I just received the news that Smecta's foreign exchange market is closed." Smelling the familiar smell close at hand, William White was a little ready to move.

It's a pity that the old guy Buffett is still there, so it's really inconvenient to show him a show. If this guy commits suicide in shame, it's really boring.

"Warren, you see, the foreign exchange delivery has stopped. I believe that Greenspan must have known it. Or, he knew it a long time ago. Xiangjiang is just a government support market. In comparison, this is a conventional method. "

"I'm going, it's not like this, forget it, quitting now is actually meaningless.

Maybe, maybe it's a kind of fusing mechanism. "

William White looked at this old man in surprise, Nima, I have seen shameless ones, but I really can't accept your double standards of Hongguoguo.

"Okay, okay, it's not a circuit breaker. Their treasury is empty. I really didn't expect it to be so weak."

William White is not a nerd, and he is not interested in talking about right and wrong. He just wants to know when you bastards are going to make a move.

"Warren, the end of the year is coming soon. If there is no other plan, it may be necessary to consider rebuilding."

"I don't know how they will save it. I really want to know whether the United States will be affected."

"Warren, since you already know the result, why make sure again?"

Buffett glanced at William White and nodded slightly. It is definitely not the luck of outside rumors that this guy can get to his current position.

He is very clear about the requirements of the Ministry of Finance, which means that the rescue time may not be so timely.

The foreign debt of more than 120 billion is either the United States or Japan. If you don’t give an explanation for these loans, you deserve to go bankrupt.

Political and military considerations are important, but green and beautiful knives are more important.

You, Old Ke, can scold the consortium for being greedy, or say they are disregarding the overall situation. However, you still dare not offend them in the end.

In the final analysis, capital has the greatest right to speak, and since the day it came into being, it has been doomed to this ending.

The power of merchants needs to be suppressed, and the Rabbit Kingdom has been doing this for thousands of years. There may be many reasons, but there is only one most important one. The power of money is really terrible. If it cannot be controlled within a certain range, the emperor will also need to look at their faces.

The emperor of the Rabbit Kingdom knows this truth, so there can be no capitalists. Louis XVI didn't know, so he was hanged.

Hurt the interests of businessmen, it will be a dead end, the emperor is the same.

As for Lao Ke?

It's just the president, they can't be compared at all. If you try to touch the interests of the consortium, it will definitely not end well.