Chapter 1409 This Will Be a Disaster

"Boss, this will be a disaster."

"Filson, it's not good to talk behind someone's back." William White smiled a little maliciously, and Larry Ellison left, walking like a big Alaskan crab.

"What, me."

"Okay, okay, Philson, it's lunch time. Let's go to the small restaurant. The recent market situation is really annoying. If I can save a little, I'd better save a little."

Of course William White knew what Filson wanted to explain. He even knew that this kind of independent high-frequency trading was extremely risky. If something went wrong, the company might go bankrupt.

The computer has no emotions. As long as there is money in your trading account, it will continue to buy and sell. On May 6, 2010, didn’t Knight Capital, the largest market maker in the United States, make a huge own mistake?

Within minutes, the Dow Jones Industrial Average collapsed by 998 points. To be honest, if the heart was not very strong, it would have died at that time. System failure and one-finger meditation will both cause such results. It took Nick Leeson more than half a year to bring down Barings Bank, but it might only take a few dozen seconds for a supercomputer to bring down a fund company.

After stuffing a piece of steak into his mouth, William White seemed to have a very good appetite. "Don't worry, I'm not concerned about the automated trading system. Philson, I'm not crazy yet. It's impossible to leave my money to a computer for management.

Well, some of the money isn't mine though. I want to say that the person who came up with this ridiculous idea must not dare to use his own wealth to play with it.

As for other people's money, what's the big deal? "

Shameless, isn't it?

But Ferson didn't say anything. In principle, he was just the boss of the think tank. It was not his job to see whether there would be legal problems if his boss did this. What he needs to assess is whether William White's actions will endanger the company's financial security.

Obviously, the boss sees things more clearly than he does.

Let’s put it this way, almost 30% of the American people’s income will go into the securities market. This is not about opening an account yourself, the most important part is their various funds. Or pensions or other funds, this money enters the stock market, or bonds or funds through various methods. In short, although many people do not directly purchase financial products, their wealth is closely related to the securities market.

Why do you say Bushu is so lucky?

The stock market has been so miserable recently, and everyone's wallets have been shrinking. So, how will it be reflected on the ballot?

As I said before, the U.S. election is mainly decided by swing states. Let’s put it this way, these people actually have no position and are changeable. You put me out of a job, of course bad reviews. It's that simple to have my pension shrink and negative reviews add to the blacklist.

Look, even with so many anti-fans, Al Gore still lost very little. I have to say that it is okay for Lao Ke to engage in economic development. The eight years he has been in power have been the eight years of rapid growth in the United States.

But there is a saying, prosperity and decline, a high-speed train, you suddenly come to a sudden stop, God, what on earth are these bastards thinking. To be honest, even after watching it again, William White still didn't understand that he might be able to practice the Sunflower Book in his own palace, but what's the point of wiping his own neck?

Well, it seems like he wiped more than just his own neck. Regardless of the fact that Yingjiang is basically owned by everyone, their own proportion is actually limited. With a market value of tens of trillions of dollars, Yingjiang itself can support it. Although this guy is very hateful, basically, all kinds of wealth funds and pension funds around the world invest in Wall Street.

Because the nature of the funds is different, some cannot directly purchase stocks, so Wall Street has conjured up many derivative products like magic.

The U.S. economy is coughing, and the whole world is catching a cold. If this guy accidentally kills himself, then most people will go to hell with him.

The subprime mortgage crisis has just begun, and Yingjiang is still actively trying to save itself. Because they know very well that nothing can happen to Fannie and Freddie. If something goes wrong, the world economy may be reset.

But later on, the jar of eagle sauce was broken. It’s not that I don’t want to save him, it’s really that I can’t do anything about it. Besides, if you don’t want to die together, then help your brothers.

I have to say, looking back, I can see that Yingjiang was playing a bad hand.

Is the dot-com bubble a problem?

not necessarily!

Is the 3G bubble a problem?

perhaps!

This means that if the economy collapses and confidence is gone, if it is still growing at a high speed, or if the growth rate is slightly slower. William White believed that there would never be the result that happened later.

Damn it, the Internet bubble is better than the real estate bubble. To be honest, commercial real estate may be able to create some wealth, but private residences are nonsense. Shouldn’t real estate be a consumer product?

The longer you live, the more valuable it becomes. There is such a funny thing.

No matter how luxurious you decorate it, it will still look awkward after living there for ten years. Could it be said that rich people should not change their houses every five or six years?

Then, a 40% discount on the old house isn’t too much, right?

You have lived here for six years, so a 10% discount every year is normal. Before this, real estate was actually the same as cars, with a 20% discount on landing, and then the annual decline was roughly within 10%.

However, the car seems to be like this, but the house has gone through a wave of incredible behavior. Starting from the United States, this is a wave sweeping the world.

Tsk, even if the US emperor finally went to the wall, other places don’t know how it will end. A large amount of wealth has been turned into a meaningless steel jungle. As for those who say that technology is amazing, I'm sorry, it was developing too fast before, and now it needs to stop and take a rest.

Don't believe it?

When did 3G appear? Why did it not develop until after 2008? It has been half-dead for the past eight years. Didn't anyone find anything wrong?

You can say whatever you want if you don’t have money. After you get a license, there will be no way to raise money. In this case, instead of going back to speculating on off-the-plan properties, can you find another project that guarantees income despite droughts and floods?

Who is the representative figure here?

That's right, it's Superman Li. The old guy is planning to withdraw from the property market. 3G licenses in London, Tuao and Australia, and Asia-Europe optical cables from Global Communications, these are the directions chosen by Lao Li. As for Superboy, William White doesn't believe that any bank would be willing to lend him $15 billion.

The bullshit of investment geniuses is all used to deceive idiots. In fact, the guy standing behind him was always Li Chaoren.

Alas, I have to say that Lao Li's vision is still very vicious. The communications industry is a sunrise industry. If you invest here, you will not worry about excessive hype. The already somewhat deformed Nasdaq has not affected this industry yet.

But, the price of eagle sauce is so easy to take advantage of. You guys are already in the car, and those damn old bastards are still struggling. So, why don't you stop and wait together?