Chapter 1015 Arrived at Wall Street!
When Yang Ming and Stan Lee promised that, in addition to the acquisition of Marvel Comics, Stan Lee would continue to serve as the chairman of Marvel Comics, other Marvel Comics executives would not be fired.
Empire Group and Future Capital would not parachute in new executives to interfere with the development of Marvel Comics.
In addition, Empire Group would focus on investing in Marvel Pictures and strive to make Marvel Pictures one of the Hollywood movie giants.
It was precisely because of Yang Ming's promises that Stan Lee expressed his willingness to persuade the Martin Goodman family to sell Marvel Comics to Empire Group.
With Stan Lee's help, Yang Ming believed that the acquisition of Marvel Comics had been more than half successful.
Yang Ming came out of the headquarters of Marvel Comics.
Then he got in the car.
Yang Ming and others took the car to leave here.
Now Yang Ming was going to Wall Street.
Wall Street, a large street in the southern part of Manhattan, New York City, stretching from Broadway to the East River.
It is only one-third of a mile long and only 11 meters wide.
It is not very long or very wide. The street is narrow and short, with only 7 blocks from Broadway to the East River, but it is famous as the "financial center of the United States".
The managers of banks, insurance, shipping, railways and other companies opened by the Rothschild Group, Morgan Group, Rockefeller Oil King, Goldman Sachs Group and DuPont Group of the United States are concentrated here.
The famous New York Stock Exchange is also here, and it is still the headquarters of several major exchanges, such as NASDAQ, the United States Stock Exchange, and the New York Futures Exchange.
It was not until a major event that shocked the world that Wall Street was affected.
However, the term "Wall Street" has surpassed the street itself and has become a synonym for the nearby area. It can also refer to financial markets and financial institutions that have an impact on the entire world economy.
This time I came to New York.
Yang Ming came out of the Marvel Comics headquarters, and it was not too far to come here.
It takes less than fifteen minutes by car.
Park nearby.
Accompanied by Yang Ming, He Chaoxun, Lin Xiuzhi, Alina, Park Jinhui, Azhu, Zhong Chuhong, Guan Jiahui and others, they went to Wall Street.
Yuan Tianfan continued to meet with members of Martin Goodman's family.
Yang Ming came to the intersection of Wall Street again.
When he saw the high-rise buildings here, Yang Ming found that there seemed to be no change here and in the future.
Here, even this Wall Street is not long, but it is the financial center of the present and even the future.
The daily stock market trading volume here is increasing.
In addition, a large amount of funds, from all over the world, come in and out from here.
There are also futures, funds, bonds, foreign exchange, etc., all related to finance.
In addition, Yang Ming also knows that the main financial groups of the United States have headquarters or branches here.
"Sir, is this Wall Street?" Zhong Chuhong asked.
Although they have often seen or heard about it in newspapers. However, when they really come here now, they are not as shocking as Zhong Chuhong and others imagined.
Yang Ming knows.
The consortiums of the United States, especially the Jewish group, are almost all concentrated here.
Yang Ming visited here.
This time, Yang Ming came here in a relatively low-key manner.
The branch of Future Capital in New York is located in a building on Wall Street.
Yang Ming did not visit the branch of Future Capital in New York.
When Yang Ming came here.
He thought of Buffett, who was known as the stock god, and the financial tycoon Soros.
At this time, Buffett had a certain degree of fame, and even mainly held long-term investments in listed companies in Country M.
It was just that, and compared with Yang Ming, it was naturally far behind.
As for Soros, he and his partners had established the Quantum Fund Company, a financial company that mainly sniped global finance and even hedge funds. At this time, Soros's fame was not very high.
Historically, Soros really became famous for several large-scale currency sniping wars launched in the 1990s.
It can be said that during this period, the Quantum Fund, with its strong financial resources and fierce style, made waves in the international currency market, launched attacks on currencies with weak foundations and succeeded repeatedly.
In Europe, the pound crisis in Country Y and the Italian lira crisis.
In the early 1990s, in order to cooperate with the linked exchange rate within the European Community, the pound exchange rate was artificially fixed at a high level, triggering attacks from international currency speculators. The Quantum Fund took the lead in launching a large-scale sale of pounds in the market and buying D country marks.
Although the Bank of England made great efforts to sell D country marks to buy pounds and cooperated with measures to increase interest rates, it still could not resist the attack of the Quantum Fund and retreated. The pound was forced to withdraw from the European currency exchange rate system and float freely. In just one month, the pound exchange rate fell by 20%. The Quantum Fund made hundreds of millions of dollars in profits in this pound crisis.
Before that, the Italian lira suffered the same fate, and the Quantum Fund also played a leading role.
In America, the Mexican financial crisis.
In 1994, the Quantum Fund launched an attack on the Mexican peso.
Mexico's healthy economic growth before 1994 was based on excessive reliance on short-term and medium-term foreign loans. In order to control domestic inflation, the peso exchange rate was overvalued and pegged to the US dollar.
The attack on the peso launched by the Quantum Fund caused Mexico's foreign exchange reserves to be exhausted in a short period of time, forcing it to abandon the peg to the US dollar and implement free floating, which caused the collapse of the Mexican peso and domestic stock markets. The Quantum Fund made a lot of money during this crisis.
In Asia, the Southeast Asian financial crisis began in 1997.
Like Mexico in 1994, many Southeast Asian countries such as Siam, Malaysia and Goryeo, as well as East Asia, have long relied on medium- and short-term foreign loans to maintain their international balance of payments. Their exchange rates are high and most of them maintain fixed or linked exchange rates with the US dollar or a basket of currencies, which provides a good hunting opportunity for international speculative funds.
The Quantum Fund played the role of a sniper, starting with a large number of short-selling Thai baht, forcing Siam to abandon the long-standing fixed exchange rate pegged to the US dollar and implement free floating, thus triggering an unprecedented crisis in the Siamese financial market.
The crisis soon spread to all Southeast Asian countries and regions that implemented free currency convertibility, forcing all major Southeast Asian currencies except the Hong Kong dollar to depreciate sharply in the short term.
The collapse of the monetary systems and stock markets of Southeast Asian countries, as well as the resulting large-scale withdrawal of foreign capital and the huge pressure of domestic inflation, cast a shadow on the economic development of this region.
The Hong Kong financial crisis issued by Soros in 1997.
It can be said that in history, many people wished Soros would die and eat his flesh.
However, Yang Ming knew that Soros was really powerful, not just these.
At this time, neither Buffett nor Soros was well-known.
On the other hand, Yang Ming felt that Buffett was just a god created by the United States, and behind Soros, it was actually the United States that supported the financial war against other countries.
Buffett?
Soros?
Yang Ming and Azhu took a walk around Wall Street and did not stay.
Even so, when Yang Ming appeared on Wall Street, he was still captured by someone.
Chapter 4!
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