Chapter 867 The Financial Market Continues to Panic

Austin was going to school, reunited with his sister, and left.

Taylor couldn't go to record today, and Xiao Qi naturally stayed with her in the apartment when facing the little beauty and his wife who had just become a married woman.

Don't look at the beautiful and pure girl who has become a veritable star, but when facing Xiao Qi, she is still the cute little girl back then, delicate and naive.

In addition to being tired of the two, she also deliberately sang her new song to Xiao Qi.

Xiao Qi heard a few songs that he was familiar with. Generally speaking, the songs he can remember should be very popular. It seems that Taylor's second album and single will be released soon. will achieve great success. [

Oh no, probably more than that.

Because in the previous life in 2007, although Taylor's songs were very nice and popular, they did not reach the current height.

Not to mention that Taylor's songs are ranked higher on the Oricon chart than in her previous life, but just to mention that she has filmed more than 20 commercials for Fairy Company, taking advantage of the popularity of remp, is enough to give her the reputation of the advertising queen, and her popularity has soared up.

Yes.

Fairy Company's first round of commercials for Taylor Jr. shot 15.

But Xiao Qi’s money is not just by the wind. Once remp became famous, he immediately reduced the reliance on big stars for advertising. cut in half.

Of course, for the people Xiao Qi cares about... Well, that is, Taylor, Qiao Guoer and Feng Kexin, although their commercials have been reduced by half, they still occupy the positions on TV from time to time.

The new century has new rules.

as a star. The most important thing is not your acting skills, character and ability, but exposure.

As long as there is exposure, no matter whether it is good or bad, it can make a person's reputation greatly increase in a short period of time, and thus obtain various benefits.

For example, the beautiful first car model. For example, that sister Lulu, didn't she make a lot of money just relying on her bottom line hype?

Therefore, Taylor has such a high exposure rate, and more and more young people know her, which means that her potential fan base is getting bigger and bigger.

Take her self-titled first album, for example. Originally, the sales in Europe were only a small hit, but as soon as the remp advertisement was broadcast, the total sales in Europe have already exceeded the 3 million mark. Super high sales.

When a man and a woman are in love, time is always the easiest to pass, Xiao Qi feels like he has done nothing. It's afternoon.

When he came to the United States, Xiao Qi had a lot to do. After the little beauty caught up with his sleep, he turned on the TV and computer, and quickly started working.

The biggest thing in the world these two days is naturally the outbreak of subprime debt.

In fact, at the beginning, subprime debt did not sweep the entire United States like it did later. Even the exaggeration of destroying the entire real estate industry in the United States, including these two days, is only the panic of small and medium investors.

To put it in the simplest terms, Fannie Mae and Freddie Mac, the two major mortgage loan giants in the United States, are still very strong. As long as they do not collapse, the impact of subprime debt will not spread from the financial market to the real world. real estate market.

However, not falling now does not mean not falling down later. [

As the direct creators and resellers of subprime debt, the two super giants are too involved, as long as they are insiders. We all know that they can't escape. As long as the development continues, the next step will definitely involve Fannie Mae and Freddie Mac.

Chinese people may not know what Fannie Mae and Freddie Mac are.

But just remember that in 2007, there were mortgage-backed securities, or bonds, backed by these two mortgage companies. It reached 3 trillion U.S. dollars, accounting for 16% of the total value of U.S. bonds in circulation. You can know how important they are in the subprime mortgage market and the U.S. economy.

When it comes to Fannie Mae and Freddie Mac, the relationship with New Century Financial Corporation is actually quite understandable.

Fannie Mae and Freddie Mac are responsible for housing loans to New Century Financial Corporation, and then New Century Financial Corporation takes the obtained loans and lends them to individuals who apply for loans.

In fact, Fannie Mae was originally an agency of the U.S. government. It was only after the government reformed that it was divided out. However, the federal government has always sponsored their funds, so it can be regarded as a state-owned enterprise that is not a U.S. state-owned enterprise.

In the 1970s and 1980s, in order to prevent the Fannie Mae family from dominating and forming a monopoly, the U.S. Congress once again established another institution with the same function, that is, Freddie Mac, allowing the two companies to fight each other and check and balance each other.

But whether it is Fannie Mae or Freddie Mac, most of their sources of funds come from federal finances. It can also be said that the US government is lending money to ordinary people to buy houses, not just ordinary banking institutions.

So you can think of them as the central bank of the real estate industry.

Think about it, the collapse of the central bank is equivalent to the collapse of the four major commercial banks in Huaguo, China Agricultural Industry and Construction, in the real estate business, the mortgage market is completely over, and the US stock market is almost over.

Ordinary investors don't know this, but how dare they stay in the market, throw out all kinds of subprime debt and junk bonds that were not sold out yesterday, and quickly throw them out today.

Throw even in a plunge.

It can be worth some money if it is thrown out, but it is really waste paper if it is not thrown out.

The psychology of the people is so irresistible.

Now when the medium and large investment banks in the United States are still looking at what to do, they are the first to take the lead in panic. This is often interpreted as "irrational panic" in the stock market.

It is precisely because of this panic mentality that the three major U.S. stock indexes plummeted across the board again on April 3. At noon, they recorded the largest daily drop in eleven years, with an average of 35%.

From the perspective of future generations, the two-day plunge is nothing at all. The financial ice age that will last for several years in the future will be the most sad and painful.

But the fact is that the United States has not been so panicked for a long time, and the panic feeling that is very uncomfortable will have to spread for a few more days.

It's not just Americans who are miserable. Those banks and institutions that bought US subprime debt are simply dumbfounded.

US real estate has been booming for so many years, and the US Federal Reserve and the US government are so strong, how could it be possible for subprime debt to enter such a big crisis all of a sudden?

They wanted to sell the order immediately, but when Goldman Sachs sold them the bond portfolio, it had already done something secretly, making it impossible for them to sell it immediately. If they did, the loss would be more than two-thirds .

All right. [

If these foreign banks and institutional investors are really desperate to sell, they can get back about 33%.

But even if they are gods, they can't judge that they will not only lose all their money in the end, but also pay tens or even hundreds of times of money in reverse!

So they decided after active research, wait and see, don't be too impatient.

This is the magic of short selling futures!

It can make people earn a huge amount of wealth at a very small cost, and it can also make people lose unimaginable funds!

The financiers of Goldman Sachs are indeed good at cheating and swindling. They have already considered the mentality of these investors, so they have built up defenses and seduced them layer by layer, always allowing them to retain a little hope.

Investors will only find out at the end that they have lost so much, it is almost unbearable!

The experts in these banks and institutions are not unintelligent, but they have met the smartest people in the financial field such as Goldman Sachs and Morgan, so no matter what they do, they cannot escape the palms of these devils.

This is also the reason why at the peak of the financial crisis, the whole world supported the US "Occupy Wall Street" movement.

More than 80% of the employees in the financial industry can't wait for the uncle to pull the lamp and fly a plane to crash the entire Wall Street!

The greedy devil should be punished! ! (to be continued...)