Chapter 497

December 29th was a memorable day. On this day, the foot basin stock market almost reached the peak of 39,000 points.

If you buy stocks on this day, congratulations, you will live in a miserable world for decades to come.

rebound?

This could be there, but it's useless. The lowest drop to 8,000 points is equivalent to shrinking by 80%. The highest is only about 20,000, which is equivalent to a half discount. If the cost of funds is calculated, those who entered the stock market on this day lost almost everything.

For a long time to come, the personal savings rate of the foot basin will be the highest in the world. Even if the bank interest rate is low to negative, not many people are willing to invest in stocks.

In this world, this rarely happens. No matter how America's stock crashes, it will always rise back in the end. As long as you hold blue chips in your hands, you will always get your investment back.

As for the foot basin, there is really no way.

Someone said that there is another 6124, which seems to be miserable. Anyway, it's been ten years, and I'm still wandering on the mountainside. Looking at the current posture, it is better than the foot basin, but it is limited.

Freefall is not pleasant for any economy.

Economic soft landing?

This is no longer realistic, and it is not a soft landing at all. Directly face down.

The most critical point is that expensive land and property prices still have no plans to pull back, but have temporarily lost their upward momentum.

Of course, don't expect any volume right now either. No matter how stupid and bold he is, he dare not go into the water now.

"Boss, we are lucky this time, maybe the income of those guys needs to be discounted?"

"It is difficult for them to sell stocks now? If they sell them intensively, a stampede may occur." William White naturally knew that these guys did not get away so easily.

"Boss, it's not stocks. The stocks have already returned their capital, and the rest are profits. They will definitely sell them resolutely. Of course, if the selling is too big, they will slow down. The biggest trouble now is the land and real estate. .”

"Isn't the price unchanged? At least it hasn't fallen too much, right?"

"Boss, no one will buy it. If it continues to develop, they will probably buy and sell it themselves."

William White was taken aback, what kind of operation is this? Why haven't I heard of it?

Looking at William White with a sluggish face, Felson could only explain.

"Boss, even if you sold the house to me, you really didn't need me to pay the down payment, or you gave a false payment information. It's not very difficult to borrow money from the bank at 20% or 30% off the contract price. The banking system, the capital is simply too big."

"I know. If the property price rises, I will continue to repay the interest. If it falls too much, I will declare bankruptcy protection. Anyway, the property price has at least doubled."

"That's roughly the case. When they bought these assets, they also used loans and some corresponding funds. In short, they will cash out most of the assets after a circle. Unless the property price of the foot basin is short Crash in time."

William White shook his head and sighed, playing financial games, the foot basin is no match at all. If the exchange rate depreciates sharply at this time, this situation can actually be avoided.

Even if you will be attacked by the US imperialists if you do this, can't you still adjust the interest rate substantially? If the lending rate is raised to a level above 20%, this group of vampires will probably be miserable.

It's a pity that the foot basin can't do all this, because the American father doesn't allow it. The longer they stay in this position, the more they lose. Although the foot basin also wanted to resist, but they were really scared of being beaten by Miguo's father.

"Filson, how many consortiums do the same? Could it be that the banks in the foot basin are all fools?"

"Anyway, Sumitomo Bank's internal assessment report shows that the correction in property prices this time will not exceed 20%."

"Hehe, keep paying attention and see how much money they make. Pay special attention to the Rockefeller family, um, and the Rothschild family."

"Okay, boss, the investment of these two companies in the foot basin is not small, especially Rockefeller, their layout is very early."

"Well, check it out."

The continuous decline of the foot basin stock market has made other Asian countries very nervous. Many countries that have close economic ties with the foot basin have been affected a lot.

Such a plunge caught the foot basin by surprise, and I really didn't expect it to be so serious. Now even if the market is rescued, it seems that it is too late, and this time the bubble was popped by them on their own initiative.

The foot basin was completely ruined, and within a few decades, it would not be able to recover at all. Now William White feels that the book "People in the Foot Basin Can Say No" is simply too joyful. This time it's not that I can't say it, this time I'm talking about ya.蠛.die.

Especially if you think of Japanese, it’s ya.蠛.die. This is so funny. Just change it to foot basin and say ya.蠛.die. Anyway, they use this word every day.

The good days of the foot basin are over. Now a large number of European and American properties are looking for buyers. Everyone is selling properties. What good prices will there be.

The U.S. emperor gave his younger brother a hard time this time, and the top ten consortiums became fat pigs. These bastards are not bad, at least they need to pay taxes to the government, but those families are not so particular.

Using overseas accounts to avoid taxes is a compulsory course for wealthy families. The book Currency Wars in later generations once described that the Rothschild family has trillions of dollars in wealth.

All of a sudden, the Rothschild family was known to the world, and there were still many people in China who believed in this argument. After William White's research, it was absolutely impossible for trillions of dollars, at most tens of billions of dollars.

The Rothschild family of later generations came out specifically to refute the rumors, claiming that the family property was about 8 billion dollars.

William White does not believe this statement. Half of the world's four major wineries are in their hands, and there are many luxury brands, not to mention all kinds of manors and castles, and there are unclear overseas ones. Assets, a family with hundreds of tons of gold after World War II, $8 billion? Let's not be kidding.

After World War II, the big family of the United States has gradually faded out of people's sight. The most powerful family should be Morgan Stanley. Even if it is split into two companies, the Morgan family is still the largest single shareholder.

As for the Rothschild family, they are actually living on their laurels. After all, they are big and attract the wind. Without deep political capital, it is impossible to make too much money.

Just like the current William White, many forces are already eyeing him. As long as he shows his flaws, he will definitely be swallowed up.

This time privately speculating on the assets of the footbath market will definitely not be less. Rockefeller and Morgan definitely did not invest less, and the Rothschild family must have participated, and everyone just knew it. There are already a lot of people who take it back to the United States to pay taxes, and there will only be more people who don't take it back.

Of course, William White is not much better, he did the same, even worse than those bastards.