Chapter 1515 Highlight Moment

Looking from the back to the front, it is still very easy to see the situation clearly, especially for a weirdo like William White. The whole world, including the United States, is waiting for the United States' economic recovery. Regarding this, even countries that have not dealt with Eagle Sauce very much have no doubts.

The economy of the United States is like this. From time to time, something will happen, and from time to time, a batch of leeks will be harvested. The so-called survival of the fittest means that only those who can survive are qualified to share in the economic growth of the United States.

Overall, the U.S. economy is cyclical and upward. Of course, the most direct reaction is the securities market, so despite the current decline, the U.S. stock market is still cyclical and upward.

It's useless for you to brag about where you are in the world. 6124 is just a scar. You can't share the dividends of economic growth. So what can you do if you dominate the world?

Or, this is the last nirvana. In order to save the economy, the Federal Reserve no longer wants to be arrogant. If it can't save it, believe it or not, I will go straight to negative interest rates.

Damn, the currency is depreciating and the national debt has no interest. If you face this situation, I would like to ask you if you are afraid?

This is a false proposition. Whether you are active or passive, the U.S. dollar is the only international exchange currency. It is impossible for you not to hold it.

If we don’t say that the foundation is good, after 9/11, the U.S. economy can only be described as terrible. Later, we encountered Enron and Global fraud. Well, now, the traditional economy is also taking a hit. Kmart is going bankrupt, or it's just the beginning.

The stock price keeps falling and falling, but you can try another market. To put it bluntly, it is better not to trade. It is better to stop temporarily, which will not be too embarrassing.

Before Mao Zi was finished, wasn't it just like this? No one bought national bonds or stocks, all securities became waste paper, and the economy came to a standstill.

Eagle sauce is miserable now, but is it really to this extent?

No, it's still far away. It's true that the trading volume isn't too enthusiastic, but there are still deals. That's good. No matter where the funds come from, the benefits outweigh the disadvantages.

"Buy oil futures? Is this the first message of the new year?"

"No, the euro started to circulate, so there was a certain increase."

Charlie Munger was speechless. Please tell me how a person's luck can be so strong. I don’t know if this guy bought lottery tickets, but he probably won the second and third prizes casually.

Oil fell sharply, and stocks also shrank severely. There was a joke recently about William White. Guess how much money the richest man loses in one minute. I don’t know if he can sustain such a loss.

Similarly, regarding the amount of assets of the richest man, the public is confused and also has some doubts. Enron and Universal can fake things, so what can't you William White do? Speaking of related companies, Enron is nothing. When it comes to related transactions in the United States, William White must be the one with the most.

There's no way around this. It's just greed and insufficiency. You do whatever you want, and this is the result now. If you still do this, it will only be a matter of time before the Ministry of Justice takes action against you.

Of course, these idiots don't dare to do it now. Damn, if William White explodes on the spot, God knows what will happen. All in all, this would be a disaster.

"Euro? But Europe's economy also has problems.

By the way, if the exchange rate continues to rise endlessly, will their exports continue? "

Buffett expects the euro to rise. But, who knew it would rise so much!

"Warren, the problem is that we are worse. Now there are media reports saying that European renaissance is just around the corner."

Revival, Buffett's glasses almost fell off. Damn it, he was really disgusted. You just revived it. The Euro release naturally chose a suitable opportunity.

The Internet bubble burst, the 911 attacks, and Enron’s performance fraud. Indeed, some solid capitalists are beginning to have ideas.

At the very least, Europe should become a world-class country.

There is no doubt that this era belongs to Europe. Or, counting from the release of the euro, Europe will enter a rapid development channel, or it won't be long before they can talk to Eagle Sauce on an equal footing.

But from William White's point of view, Eagle Sauce is far from ready to die. At the very least, it can still shine again. As for Europe, it is short-lived at best.

Do you know that you have a young boy in your family now?

Hehe, if you drop the chain at the critical moment, you think this is just a casual talk. If it were just Fade, I would have gone sideways.

"Look at this, maybe there will be a revival. But what about the price? Is it the entire United States?"

"World Communications?" Charlie Munger's heart skipped a beat. It couldn't be such a coincidence. This company is much bigger than Universal.

Global, world, Buffett sighed slightly, Damn, the more fake and fishy it is, the more he likes to come up with some awesome names. Go and look at William White, don't talk about awesome names, basically They all started very casually and didn't care if anyone understood.

"It's over, this is another one, right?"

“Remember what William White said, there has never been an industry that can easily consume so much resources and wealth.

This sounded harsh at first, but if you look at it now, I'm afraid I have to say something good.

Hey, I'm just wondering why Vodafone is okay and it bought Mannesmann at a premium. "

The two of them stopped continuing this topic because it was too heavy.

"Boss, Citigroup just issued an announcement, which means the company's losses will not be large."

"Idiot, the loss is not big? It's okay that you transferred the risk, but to whom did you throw this trap?

Will it be turned into various fund securities and sold to small and medium investors?

So, what do we, Morgan Stanley and Bank of America, say? "

The old guy was indeed a little angry. A reliable partner would be much better than the current situation. Loan securitization is a trend, but there is no need for this thing to appear at the press conference. If you say this, the entire financial market will be affected. If it is miserable, wait for it to fall. When these people fall miserably, they will stop grabbing it in the future.

"Boss, Bank of America called me just now and they were very angry."

"Fuck, forget it, I don't care, just let them go."

It should be said that this crisis excludes companies that are directly affected. Citigroup, Morgan Stanley, and Bank of America, these three companies have indeed suffered huge losses.

However, if you are accurate to the specific amount, many people have already understood it, and the specific data is not large.

That's right, the loan was sold, and because they were worried that the price would be too high and it would be difficult to close the deal, they deliberately tore it into pieces. Anyway, as long as you spend money to buy it, there won't be any trouble at all. As for the problem now, it really has nothing to do with me.