Chapter 1499 The One Who Can Destroy the United States Is Actually Them.
Sure enough, as soon as White refused to invest here, Global Crossing's stock price fell back. This is not over yet. First, communications stocks fell broadly, and then financial heavyweights followed suit. Finally, naturally, the Dow lost its support and then looked for support.
After taking a look at the slightly gray sky, William White was also extremely confused. Now is obviously not the best time to take action. Even if you pay some price, you may not be successful.
Now it's just optical fiber, and in a while it will be 3G. The loss will be hundreds of billions of dollars or more. William White's brain is not broken, and he will definitely not be so unwise.
The World Trade Center collapsed, and the people of Eagle City felt fear. But when it comes to losing confidence, there is really no such thing. The United States' retaliation is proceeding very quickly. I believe that it won't be long before the wanted guy is caught.
How the war unfolds is a fun thing for most people to watch. You can't lose anyway, it's just an exchange ratio.
But it's different now. The stock market is constantly falling, which really makes the American people know what tragedy is.
A collapse like Enron's would have a huge impact. Due to the existence of the 401 plan, to a large extent, as long as you are an American and as long as you pay social security, this loss is inevitable.
As far as the feelings of ordinary people are concerned, the panic in the recent period is even stronger than that of 911. The core location of 911 is New York. If you are not a local, it is okay to be sad and angry. After all, life has to go on.
But this Global Crossing is different from Enron. If something goes wrong with these two products, will our pensions be reduced?
The answer is obviously yes. Among them, the most miserable ones are undoubtedly Enron's regular employees.
401 plans, this type of corporate annuity, actually give companies a lot of autonomy. In the case of Enron, most of them are Enron stocks or bonds.
So, now that Enron is in trouble, your life after retirement must be dark.
Once Enron, Universal, WorldCom, these companies collapse, the biggest victims will be their employees.
It would be great if it could be avoided a little bit. If they meet two agitated people, they might be beaten badly.
Looking at the lackluster Dow, Greenspan felt like crying. I have done everything I can. Money is not tight now, and liquidity is even on the rise. However, I am not willing to invest this money in the stock market anyway.
This phenomenon is rare. It should be said that the U.S. economy has its ups and downs, but you can look at it from a long-term perspective. Returns in the stock market are still good.
"Alan, it's not about money at all now. Investors have no confidence. They are not sure how many companies are committing fraud.
I said, if there is no explanation for this matter. What the United States will encounter will be systemic risks. Now I understand somewhat why William White was so troubled. "
Greenspan was speechless. It’s such a huge pitfall, so what if you can see it. Buffett doesn't invest because of Mao, and William White doesn't invest because of Mao. If you say it's all a coincidence, hey, only say it if someone believes you, otherwise it's all bullshit.
Buffett smiled bitterly. He vaguely remembered that William White said clearly, don't worry, I will not add fuel to the flames, and may even ask for a reduction in length.
When he first heard this, he didn't agree with it. In his opinion, you, William White, are recharging your energy or sharpening your sword. When you see someone showing a flaw, it is inevitable to pounce on him and bite him.
"Everyone deserves to die. This time, I don't know when I will be able to recover."
Greenspan was very bitter13 and tried every possible way. If there was no improvement, interest rates might return to zero. When that time comes, the United States will be completely shameless.
In fact, stripping out inflation, interest rates are now at zero. If there is still no consumer demand under this situation, then it is completely over, and the stock price will fall to any price.
Some setbacks on the battlefield actually don't matter. In Yingjiang's luxurious combat mode, even if you can't kill your opponent, it's hard to be hurt by your opponent. What I have to say here is that as long as there are no problems with the economy, in a sense, war within a certain scale is good for the economy.
"Let's get through the crisis first. But why do I have a premonition that William White seems to have guessed it right again?"
You guessed it right, William White is suffering to death. He didn't want to break his previous promise.
But, take the initiative to give up leverage. It really made him miserable.
Only by shorting can you make money, otherwise you will lose money. The more you buy, the more you will lose. He is actually not worried about the current adjustments. What he is worried about is Greenspan's attitude.
Isn’t this what the United States did after the subprime mortgage crisis? Exporting inflation to the world, unless any of you can get rid of the US dollar, this kind of exploitation is inevitable.
"Boss, there are signs of big money getting involved in the euro. Should we keep the status quo, or?"
"So fast? No wait, speed up the speed of opening positions. Hum, this chicken dies and the rooster crows. Now it seems that the euro is most likely to replace the U.S. dollar.
Anyway, it would not be wrong to open a position now. "
"Okay, boss, I guess no one will say anything now. They may have no expression other than envy, jealousy, and hatred."
"Replacement is impossible, look at the current oil, and then think about London's attitude. Now we can only say that the Americans made a mistake, but Europe, they picked up a ticket.
They took away some pricing qualifications, but they don’t have oil in their hands, and all their ideas will be in vain.
There's just one thing. After this time, if the United States continues to be so desperate, the decline of Wall Street is right in front of us. "
This was not William White's nonsense. It was not unheard of for him to grab a bunch of king bombs and be overturned in the end. You have to know that the original financial center was in Amsterdam. It was also after the tulip miracle that the financial center slowly moved to London.
That is to say, John Bull won, otherwise, it would not have gone so smoothly at all.
So, the Dutch can lose, John Bull can lose, why can't the United States. William White's worries are not unfounded. Once the United States loses its status as a financial center, it will be greeted by all-round disasters.
After the Civil War, the boss of the Southern Army said that we did not lose because of the army or our courage. In fact, we lost to the financial market on Wall Street.
Of course, this sentence is somewhat debatable. First of all, there are problems with your system. Such a ridiculous policy of slaves will be deposed sooner or later. I don’t understand this at all, and I don’t know if I have any brains when I go out.