Chapter 1182 The Dilemma of Neighboring Countries

Be specific"

Yang Cheng put on a listening posture and took a sip of coffee to relieve the intoxication caused by alcohol.

Ruiz said without hesitation, "As I said before, this is a series of chain reactions. The real estate market collapsed, house slaves tightened their pockets to repay their debts, and their disposable income decreased, thereby reducing domestic demand. Over time, those who depend on banks The loan company will be in trouble. The product cannot be sold, the bank will press the debt, and the financing channel will be lost. The final result is bankruptcy.

The bankruptcy of the company will cause a large number of unemployed people to flood the streets. Each of them is burdened with heavy debts, unable to buy clothes, drive a car, or eat. People who are the mainstay of the country cannot see the future. economic downturn is inevitable.

Moreover, in recent years, Canada has also embarked on an economic transformation from being highly dependent on foreign investment to developing agriculture and oil exports in exchange for more foreign exchange.

But things will not be so simple. Canada’s oil crisis will come along with the collapse of the real estate market. Once the oil collapses, the agriculture and fisheries that Canadians rely on for survival will suffer heavy blows. "

Yang Cheng's heart was greatly shaken. He didn't have such strong professional knowledge and analysis ability as Ruiz. He could see the macro direction of the possible collapse of the Canadian economy. He only had a vague idea of ​​the details, and now he was reminded by Ruiz. , Combined with my own understanding, I immediately have a judgment.

Especially on the issue of oil, Canada has the third largest crude oil reserves in the world, and has always ranked among the top in terms of crude oil production.

At present, Canada is the fifth largest crude oil producer in the world, but 99% of its crude oil is exported to the United States. Once the United States increases its crude oil exports, the existing market for Canadian crude oil will inevitably be impacted.

For example, Alberta, Canada is a major oil producing region in Canada. The province has produced about 3.4 million barrels of oil per day. It is planned to increase it to 3.9 million barrels in 15 years, but the province is facing serious oversupply. question.

In the face of an economic crisis, the inability to receive transfusions from overseas investment has greatly hampered plans to increase production and boost exports outside North America, including to the lucrative markets of Asia.

And this is not the most serious problem. The most likely reason for the collapse of the Canadian oil economy is that in the past few years, American buyers have often bought Canadian crude oil at very low prices, such as when the US crude oil price was 50 US dollars. However, the price of crude oil in Western Canada over the same period was US$26 per barrel, which was more than half cheaper.

However, after Canadian oil companies sell to U.S. buyers at a low price, U.S. oil companies can often sell back to Canadian merchants at three times the price through other channels.

For many years, Canadian crude oil companies have been enjoying almost "sick" crude oil transactions with American merchants.

It is not difficult to understand how big a threat the potential crisis in the Canadian crude oil market is. In fact, the Canadian side also realizes that even though the country has huge oil reserves, it is still unable to do what it wants, and has even reached the critical point of crisis. Of course, the situation of this situation You can’t blame other people for showing up. If you follow the boss, you must have the obligation to share the boss’s worries and problems. It’s impossible to just make money without doing your best. The domineering American boss will not allow such a disobedient younger brother by his side.

This is not over yet, as Ruiz analyzed, the emergence of the oil crisis will further affect the survival of agriculture and even fisheries, which will undoubtedly make things worse.

As we all know, during the construction of oil pipelines, oil spills often occur. This phenomenon is particularly serious in Canada, which has been accelerating the construction of oil transportation pipelines in recent years. Multiple oil spills have already caused serious damage to the aquaculture and tourism industries in the Canadian agricultural sector. industry had a serious impact.

As far as the fishery is concerned, the impact on some species caught in Canada, such as Pacific herring and Atlantic cod, is immeasurable. Conservatively speaking, the catchable output will shrink by at least one-third or even half in the next 50 years.

You should know that the aquatic fishing industry is an important part of Canada's agricultural economy.

Of course, Canada can send more of its own agricultural products to the Asian market, where the huge consumption space is enough to keep the Canadian economy alive, but the premise is that it will not be affected by oil production and pipeline damage.

If the products cannot be caught or sold, the life of Canadian farmers will become more and more difficult.

The white-collar workers and the middle class in the city are burdened with huge debts due to their houses, and the income of farmers is reduced because their products cannot be sold, further reducing production and even going bankrupt. Combining the two, it is no wonder that Canada's future will be good!

"You have to make preparations now. I hope that we will be the first to enter the field to harvest, instead of waiting for the predators in front to eat and drink enough before following behind to drink soup."

After figuring all this out, Yang Cheng immediately issued his own instructions. As a boss, you only need to decide on the general direction, and someone will do the details for you, just like a professional manager like Ruiz Khan with a high annual salary. People, their existence is to serve the orders of the boss, and everything is based on the will of the boss. As long as it is not a matter of principle, they will not have any opinions.

Ruiz said solemnly, "I will set up a special investment team tomorrow to focus on the layout of Canada's financial market. Once there is a crash, I guarantee that we will be the first to rush forward."

Yang Cheng is very satisfied with Ruiz's confident attitude. If he still has worries about taking action against Britain, it is completely unnecessary for Canada.

To him, Canada is a lamb waiting to be slaughtered. Although it is several times larger than chickens, ducks, geese and other poultry, it is a matter of one knife, and there is no need to spend a second knife, let alone worry about its death. Instead of being stiff, he jumped up and cheated the corpse to take revenge on himself.

And there are a lot of smart people on Wall Street, all of them are vampires, their noses are sharper than great white sharks, and a little bit of bloody smell can attract countless thousand-year-old demons, swarming up and draining the last drop of blood from Canada.

At that time, even if Canada wants to take revenge, it will not be able to find anyone. At most, it will find a few little bastards with no strength to take revenge and vent their anger. It has nothing to do with Yang Cheng.

"By the way, there is another thing. I invested in Beckham's brand before, and I talked to Marc Jacobs again today. His rbs is still worth using. I decided to acquire it, which can be regarded as a way to formally enter the fashion industry in the future." The world lays the groundwork, but how to talk to you is up to you."