Chapter 1428 There Is Nothing in the First Place
In William White's opinion, this situation couldn't be simpler. There is no need to ask how Pacific Ocean made this stupid move. Industrial capitalization, everyone from General Electric to Enron is doing this. Ultimately, these companies want to turn themselves into a huge financial institution.
It’s hard to say what is right and what is wrong. Before the subprime mortgage crisis broke out in 2008, all this was very good. The company's scale has increased, its profits have increased, and its stock price has increased. It seems that all of them are beneficiaries.
It’s hard to comment on these things, but there are obviously problems with current energy suppliers. Price alliances between two or several companies are not allowed in any country. If electricity can be played like this, what about grain, what about iron ore, if William White spends money to buy it, there is nothing in this world whose price will not skyrocket.
Hongguoguo’s price gouging, have all the bosses from the Ministry of Justice been there for Christmas?
It doesn't matter if you leave, people in California may need to light candles to celebrate the holidays. If this thing really happened, the United States would probably become a joke to the whole world.
"William, you don't seem to be very interested!"
Looking at Soros with a strange smile, William White shrugged indifferently. "George, it's actually not bad. Did you see that the state government provides a guarantee? I think if the state government doesn't go bankrupt, Pacific Ocean can still be rescued."
Soros doesn’t take William White’s bullshit seriously either. At their level, telling lies as truth is the most basic quality.
"Guarantee? Hehe, I'm afraid you don't know that even without this matter, the California government may go bankrupt and reorganize.
Alas, it is a pity that California cannot be shorted. Judging from my many years of investment experience, if it can be shorted, this will be the safest order, and there is no one. "
"Tsk, otherwise, I'd better move. If the government runs out of money, I don't know if the police department will be disbanded. If there is another chaos in Los Angeles, I really don't know how to deal with it."
William White was not just saying this casually. It was originally just an Internet storm, but later it spread to the entire Nasdaq. Although this is not a main board, its boosting effect on the economy will definitely not be much worse than that of the Dow Jones Industrial Average.
Stocks on the main board market are more of a demand for asset allocation. Although institutional investors hold a large number of stocks, when it comes to liquidity and turnover rate, the difference between the two is still very big.
Originally thought it was just a short-term adjustment, but no one expected that this sudden storm would not only affect the main board market, but also start to impact the real economy. The latest non-farm payrolls data show that employment in the United States is deteriorating. What is particularly worrying is the surge in the number of people registering as unemployed for the first time.
As for California, sorry, this is the seat of Silicon Valley, the epicenter.
The risk of losing your job, collecting unemployment benefits, being unable to pay off your credit cards, and losing your home and car increases. At this time, a sudden increase in energy expenditure can definitely ignite everyone's anger.
Think about it, if at this moment, the whole city suddenly becomes dark.
Rest assured, you'll witness a war zone taking shape. Yingjiang may not have other abilities, but they are definitely very good at gunfights every day. When economic and social problems occur, various supermarkets selling weapons will be overcrowded. In order not to be harmed, there must be sufficient force to deter.
Well, since there is such a possibility, he, William White, is crazy to continue to stay here.
As for whether there is any way?
Sorry, this really doesn't happen, not even a chance.
To be honest, if the assets that were previously sold are all in hand, William White can certainly invest. Environmental protection is a major trend in the future. Power plants with natural gas as the main energy source will definitely usher in their own spring in the future.
So, what now?
You have nothing, where can I invest it? Apart from some office facilities, there are just a bunch of idle employees.
"George, it seems neither of us can help."
Soros raised his glass to invite a drink, and William White's words finally hit the point. The situation is so bad that there is no value in even selling short.
You William White cherishes feathers, but Soros is not so particular. Of course, this would be different if William White invested. No matter what, we have to bite off a piece of fat before talking about it.
“That’s ridiculous, is the government hiding the truth?
Humph, Gray Davis has lost his mind, or the governor doesn’t want to do this anymore. "
Of course, Buffett also received the invitation. Of course, if he had known that William White would show up, he probably wouldn't have cared about taking a trip to Los Angeles. Or, if the two of them join forces, it seems to be of considerable value.
"The timing is wrong. If it were later, it would indeed be a good opportunity to buy the dip.
But now, they can encourage them to maintain it, and they have the support of the state government. Hey, are they planning to nationalize it? "
Charlie Munger is somewhat disapproving of Buffett's entanglement. What's wrong with William White? He doesn't believe that in this era when cash is king, William White will invest in such a bad project.
Contrary to what William White thought, the two Hathaway bosses were very aware of the value of Pacific Gas because they liked to pick up rags and smoke butts.
Although there are a lot of assets sold off, this guy still has a lot of good things in his hands. With a valuation of US$30 billion, this is of course a big pitfall, but at US$5 billion, there is no problem.
Therefore, the time is not right now. If it breaks out later, there will be too many things that can be controlled. It would be nice to be able to save it when the time comes, but if that doesn’t work, can’t we still sell it off?
But now, there is something fishy about this matter!
The appearance of William White was very surprising. Why did Soros also go? Doesn't he know that he is a very unpopular person?
"Dear, what's wrong with you?" As a pillow person, Natasha naturally knew this guy very well. Contrary to what the outside world imagines, this man never deliberately hides things like joy, anger, sorrow, and joy. I really don’t understand. People outside say that this guy is a smiling tiger.
"Oh, I made a mistake in the first place. I shouldn't have gone to this party. It would have been okay if I went, but now I know that they planned to make things worse.
And I can't do anything. "
"Well, manpower is sometimes scarce. You are not a superman, so how can you be invincible?"
"Well, you're talking about the guy who likes to wear his underwear outside. Speaking of which, this guy is still very fashionable. He actually knew how to wear underwear outside decades ago.
Natasha, otherwise, let's fight Superman. You see, Superman vs. Spider-Man is pretty good. "
"I hate it, it's still in the car. Don't talk about it, don't, I'll follow you later."
This guy's mood came and went easily, and he just said a few words, and he planned to engage in a full-scale battle.