Chapter 1118 Save the Rich!

The communication with Buffett was very pleasant. The horse boy who followed may not understand, but William White and Buffett are very clear.

The reason is simple. Everyone is of the same class. Even if William White has no background, he has already touched the threshold, or in other words, he has far exceeded the threshold.

The class division of labor in the United States is very clear, belonging to the top, just a few families, either secretive or sneaky. One thing is unmistakable, this class is solidified, they do not like or welcome any new blood.

Of course money is very important, but money alone is not enough, others will not take you to play at all.

To put it simply, Buffett and Bill Gates are good enough for 13, right?

Let's just say it doesn't matter at all. Even the current William White is only recognized. If he wants to join the game, one generation may not be enough.

Well, you can say, I'm not interested, I'm pretty awesome now, why bother to look at other people's eyes.

Maybe, if you can't eat grapes, you can think it is sour, but if you can't drink a beauty, you don't think she is rubbish. Generally speaking, what is not available is a good thing.

"Warren, Japan is crazy. They cut interest rates and devalued. Could it be that they cannot be defined as currency manipulation?"

"It's impossible, and I won't hide it from you, Peanutton has a tacit understanding with them.

I just didn't expect them to be so ruthless. "

"Nimma, Soros, can you get more cheap chips?"

"Yeah, it's funny when you think about it. If these funds are used to short Japan, I don't know what kind of expression this group of guys will have."

"Not if, Tiger Fund is already doing this. I heard that they have prepared rice bags."

Buffett was speechless. It seemed that the greed of these bastards was far beyond his comprehension.

Cutting interest rates can indeed ease the pressure on loan repayment. Generally speaking, this is a very good adjustment method. If the economy is overheating, you can raise interest rates and increase the cost of investors. If consumption is too low, you can lower interest rates and promote domestic consumption willingness.

Unfortunately, Japan's central bank got one thing wrong. Overdraft consumption is not a mainstream thing in Japan. Reasonable use of the interest-free period is the majority, and only the lowest part is returned, after all, it is a minority.

In this regard, Japan is different from all developed countries. In terms of the popularity of credit cards, Japan is not high, and the proportion of overdraft consumption is even rarer.

Yes, after a painful lesson, Japan entered a low-demand society.

Let alone developed countries, this is unique in developing countries.

Don't buy a house, don't get married, don't have children. Civil servants who were previously unpopular are now the targets of young people. It is more important than anything else to have a job that guarantees income from droughts and floods.

As for starting a business, no kidding, if they can't find a suitable job, they can go to a convenience store to do odd jobs.

In this way, the central bank's substantial reduction of interest rates actually made it easier for the consortium.

It is impossible for enterprises that really need loans to get them. Banks are the biggest capitalists, and they are not philanthropic. If your loan interest rate is so low, whoever is crazy will lend you.

See, it is a banner to promote consumption and reduce the burden on small and medium-sized enterprises, but the money in the bank is given to international speculators in a blink of an eye.

This is actually not bad, Smecta is more interesting. In order to get rid of the IMF's interference as soon as possible, the people of Smecta have gone crazy. When you are on the streets of Seoul today, you hardly see anyone wearing gold and silver.

You know, Smecta, like Ah San, likes to tie a very thick gold chain. It's all gone now, the strong sense of national pride absolutely does not allow the country to mess around.

Speaking of which, the reason why the IMF regulates credit is actually for fairness.

It's funny, as long as the IMF is sent away, Smecta will restore the previous consortium model. From this point of view, this actually cut off the path of advancement for most people.

In a country where the entire industry is highly monopolized, it is useless to do any business you do. Even if you come up with a very awesome project, it will soon be incorporated by the consortium.

However, people who eat melons like it. In their view, only by working together can Smecta's enterprises defeat Japan next door.

William White was a little bit emotional. Cai Nima was a winner in life when he and Smecta were local tyrants in Japan. These policies of yours are aimed at the rich. Is this because you are worried that they earn too little?

"William, you don't have to be so pessimistic, right? In my opinion, the impact on the United States is extremely limited."

William White took a careless swing. He is in a good mood now, and of course he doesn't care about correcting Buffett's three views.

"Fuck, it's another birdie."

"Hahaha, hahaha, look, kind people will always be blessed by heaven and earth.

By the way, what did you just say, pessimistic? Just kidding, I'm already very optimistic. Let me tell you, if it weren't for the rapid development of the high-tech industry,

You know, what this time was, the Great Depression, was worse than any in history. "

"That's not it, are you a little alarmist?"

"Hey, just wait and see. You'd better pray. If the exchange rate of the big rabbit is also lowered, I'm looking forward to the expressions of those bastards."

Buffett shook his head, somewhat disapprovingly. He knows more inside stories than William White, and the big rabbit will not depreciate. On this point, a group of guys here in Asia have already talked about it.

According to the information fed back by this group of guys, Big Rabbit plans to stimulate domestic demand. I heard that it is housing and automobiles. Hehe, these two are good things. Once developed, they can drive hundreds of related industries.

Taking a sneak peek at this, his old guy, William White, also snickered. Hey, you old bastard, pretend to be a wolf with a big tail with me. Big Rabbit's next plan, buddies already know, I deliberately do not say.

Sometimes William White thinks that it is not necessarily so bad to regard real estate as a pillar industry. At the very least, for a guy with foresight, his personal assets will increase to a certain extent. In other words, it will explode to an incredible height.

No matter how high your salary is or how you know how to do business, if you are asked to spend 10 million at once, many people will not be able to do it.

However, in cities such as Beijing, Shanghai, Guangzhou and Shenzhen, if you sell one or two houses, 10 million is not such an exaggerated figure.

What? In 1999, you heard from brick experts that there was a serious bubble in real estate, so you didn't buy it.

Really, apart from mourning, I really can only express my speech. This thing didn't figure out what a bubble was, but it was able to speak so brazenly.

If you are engaged in economics, you don't even look at history. What kind of economics do you still do?

Well, since there is no business card management system, as long as you are thick-skinned, you can really say whatever you want, master, brick family, this thing is not very valuable. As long as the routine is deep, there will always be fools who believe it.

You talked about the real estate bubble in Japan in 1999. It is indeed very confusing. However, how many times have the land and real estate in Japan increased together? Can this really be compared?

Also, Japan's land tax is the real killer feature. Before that, there was no big drop.

If the housing price is too high, it cannot be sold, and if the land price is too expensive, no one wants it. Then keep it, at least, from the financial statements, the company is still profitable. If you sell it at a low price, you will run into a serious deficit.