Chapter 1112 The Tide Is Low, and No One Is Wearing Underwear
AIG rejected the offer, arguing that Peregrine's liabilities were too great. At this point, the last effort came to an end.
In fact, no one cares about the HKMA's assistance. Xiangjiang people don't think that investment banks are banks, so it is naturally impossible to use taxpayers' money to rescue them.
Most of the Monetary Authority, in fact, is the number. From this point of view, the IMF is actually right. According to the spirit of the Peanutton consensus, everyone should sit and wait for death.
According to that consensus, the financial crisis will always pass, and human intervention will only make things worse.
Either it makes sense, or it doesn't.
The current crisis is no longer limited to Asia. The crisis that erupted in Asia has finally aroused concern elsewhere.
The New York Stock Exchange, London, Paris, Frankfurt, Japan, and most of the world's securities markets have entered into panic and turmoil.
The first to choose to leave the market is naturally the sovereign fund. These national-level investment funds began to buy U.S. bonds frantically.
In 1998, although I had an 8, judging from the current situation, wanting to make a fortune is just a dream, and being able to live well has become the goal of most companies.
Stocks are falling in price, the real estate market is falling in price, artworks are depreciating, and precious metals such as gold and silver are also constantly falling. As for oil and iron ore, as long as someone buys it, you should thank God.
"Charlie, perhaps, we should also go on vacation. Now I know why William White went on vacation." Looking at the slumping stock market, Buffett also felt a little bit pained. If he can, he should clear his stock.
It's a pity that you can't cash out in a falling market. If you really do this, it will shrink by half, and it will be easy.
"Warren, it's just a panic. More and more money is coming into the United States. I don't see a reason for a long-term decline."
"Perhaps, this kind of fear is being transmitted. Our world has long been different. Alas, I hope it will not be too serious."
Buffett said, be greedy when others are fearful.
Hehe, you can ask him if the people in Asia are panicked or feared to the extreme.
So, why don't you invest in it?
The so-called stock gods are actually the same as ordinary people. People who eat melons think that tomorrow's stocks may be lower. In fact, stock gods think so too.
The financial crisis in Asia has turned into an economic crisis. This is a systemic risk, which simply exceeds the risk margin.
Both Zurich Insurance and First Chicago Bank gave up acquisitions based on this reason.
Oil and iron ore could not be sold, and the shipping and shipbuilding industries were the first to be hit hard. In Smecta and Japan now, the docks are full of all kinds of ships.
However, if there is no follow-up capital injection, these things may all become scrap iron.
A group of idiots in Peanutton finally discovered that the crisis in Asia is spreading rapidly. The reshoring of manufacturing they expected did not happen at all, not only that, but due to the general decline of Asian currencies, their products became more competitive.
"Robert, what is the situation in Indonesia? Why is it so serious?"
"It's terrible, the exchange rate has dropped to fifteen thousand to one dollar. Next, they will have serious inflation.
Let's put it this way, Mr. President, it's hopeless. "
Old Ke was dumbfounded. Not long ago, he called to comfort him, Nima, you bastards, are you using me as a display again?
"They're too greedy, Robert, and something will happen."
Robert Rubin didn't know how to take over. He was originally from an investment bank, and he hadn't seen anything before. You want to catch a group of red-eyed robbers, it's just a dream.
"Mr. President, they have not violated the regulations. I think they can only give a proper warning."
"Then warn them, tell them that if it affects the United States, don't expect Peanutton to come to the rescue.
Have you seen this NBC special? I suggest you take a look, their theme is that it is always the average taxpayer who pays for the madness and greed. "
Robert Rubin wanted to vomit blood. Of course he had seen this episode. In fact, if he put aside his prejudice and position, he must admit that NBC's perspective is very unique.
It is not the first time in the short history of the United States that it has caused a mess and finally let Peanutton pay the bill. There are not many benefits, but they are tied to the chariot inexplicably. This is the status quo in the United States, and it is precisely because of this that consortiums and investment banks will be unscrupulous.
All kinds of financial derivatives are beyond his comprehension even for a finance minister from an investment bank.
Old Ke was suffering from a headache, and just called that silly woman. Alas, what a troublesome group, how dare I go out to meet you at this time.
It's not too bad, as long as this fat girl doesn't talk nonsense, there shouldn't be too much trouble.
Lao Ke would think that the current Monica is simply a big magnet.
Tsk tsk, if this guy really goes, maybe it will be broadcast live. Or, you don't need that blue dress either, you can take a fresh one for inspection.
The U.S. economy is healthy, and we will not be affected. The volatility in the stock market is just an overreaction.
The legendary bricks finally appeared, newspapers, radio, television, the Internet, they used all the platforms they could use, and began to sell their investment ideas.
What value investment, what scarce resources, what patent barriers. In a word, rice stocks are obviously undervalued, and the crisis in Asia is beneficial to the manufacturing industry in the United States.
It's a pity that a group of idiots on Wall Street obviously underestimated the influence of NBC. This is not a question of ratings, there is also a question of credibility.
For a long time, William White's attitude has been very clear, he does not like to see those so-called hedge funds very much. The current world is flat, and the United States cannot stand alone.
Look, this sentence was said six months ago. Looking at the current stock market, it goes without saying whose words are more reliable.
The only thing that is a bit annoying is that NBC's financial programs are really not serious. Nima, what kind of bricks and scholars are other people, why are all of you here are talk show actors.
Of course they will not know, this is the result of careful consideration. Predictive remarks are really annoying. If you guess right, it's easy to say, but if you guess wrong, it will be a lot of trouble.
Add a little entertainment and no one can say anything. We were just joking, you must be serious, it can only be said that you are stupid.
When a hurricane comes, pigs can fly into the sky. When the tsunami comes, everything will be covered up. Nobody cares if you're a pig or if you're swimming naked.
As long as you can make money, you are good, and you are the object of worship by everyone.
William White is nothing, this product is originally the second generation of local tyrants, it has no reference value, and it will not be the American dream.
Julian Robertson of Tiger Fund, Soros of Quantum Fund, these are the good ones.
Peregrine?
Well, this guy is just unlucky. If he backhandedly sells short, even if he is not as good as William White now, he may still be able to compete with Buffett.
William White actually wants to greet these idiots, buddies are not wearing clothes now, this time the Asian financial crisis, no one can survive.
What, bullshit, what about the dozen or so hedge funds?
If you think about it too much, there are not many pure hedge funds, or, in other words, none of them. Quantum Fund and Tiger Fund did make money. However, this is not a personal asset.
Those who invest in these two funds are only recovering some losses. The Dow and the Nasdaq lost 15%. The money you made by shorting Asia may not be enough to fill the hole.