Chapter 907 Fool After Fool

In a small venue where the Davos summit is located, two people sitting face to face on a sofa chatting on a round platform in the middle are the center, and the audience includes media reporters, elites from all walks of life, and some financial experts. There were about 400 to 500 people at the scene, and the entire small venue was packed to the brim.

"Although there are still differences on whether the U.S. economy will go into recession, there is basically a consensus that the U.S. economy may slow down. At the same time, it is believed that the global economy will be affected by the U.S. economy, and its growth rate will also slow down..."

Andy leaned on the sofa with a calm and calm face, put his elbows on the armrest of the sofa, and crossed his fingers in front of him, facing the most powerful news interview program "News Night" of the BBC in the UK with "torture" Jeremy Paxman, who is well-known among the guests present, talked calmly and eloquently.

"You said yesterday that the Fed's emergency rate cut was driven by the market, and the result is likely to be worse. Do you agree with Mr. Soros's suggestion that this is a panic-like move by the Fed?"

Andy smiled slightly, shook his head and said, "On the contrary, when the US economic outlook is uncertain, why did the Flying Shoes government, which has never advocated intervening in the economy, and the Federal Reserve, which has always emphasized the risk of inflation, change their minds and make bold moves? It is precisely To curb the panic.

Panic is a "poison" for the market. It is precisely because of the market's panic about the US economic prospects that the financial market has experienced a major downturn that has been rare for many years. This concern is currently the dominant force in global markets.

January 21 coincides with Martin Luther King Jr. Day in the United States, and the stock market is closed. The U.S. stock market opened on the 22nd, and it is generally pessimistic expectations that it will follow the decline of major global stock markets.

The Fed unexpectedly cut interest rates early in order to prevent this expectation from becoming a reality, further fueling the panic. From a practical point of view, there is no substantive significance in cutting interest rates one week in advance.

But from a psychological point of view, this move has played a role in restoring market confidence, avoiding the spread of panic and stabilizing consumer sentiment. Afterwards, the U.S. stock market fell first and then rose, and the major stock markets around the world have rebounded one after another, indicating that the Federal Reserve's surprise move has achieved the purpose of showing the world that the U.S. central bank is acting. "

Jeremy Paxman couldn't help but his eyes lit up, and he smiled slightly at the corners of his mouth: "Since the goal of cutting interest rates has been achieved, why do you still think that cutting interest rates will make the situation worse? Isn't this a contradiction?"

"Hehe, there is no contradiction. The Fed's move seems friendly to the market and injected a lot of liquidity into the financial system, but this may promote another bubble economy. My worry is that the Fed's emergency interest rate cut will only move us from One bubble leads to another."

"What about Europe? What do you think of the wait-and-see attitude of the European Central Bank and the Bank of England? Do you think Europe will really be affected by the subprime mortgage crisis in the future?

Is the economy in recession? "

"Europe is unlikely to be immune to the global slowdown. The European Central Bank is expected to follow the Fed's footsteps in cutting interest rates in the near future after keeping interest rates unchanged for several months. In a world of economic globalization, this panic In order to win the game, the Fed's actions should be echoed by the central banks of other industrialized countries.

And let me correct you, I never said that the U.S. and Europe are going to be in recession!

To be honest, when the U.S. economy reaches a crossroads of recession or slowdown, I choose to be optimistic. The outlook for the U.S. economy is still good, but it will slow down. . . "

"But we all know you're shorting the U.S. and Europe, so how do you explain that?"

"Of course it's to make money. The general trend is the trend. I'm just a drop in the ocean. I can only follow the trend. I can't overpower myself to reverse the trend, right?"

Andy chose to shrug his shoulders and blink his innocent big eyes to be cute in response to the other party's sharp rhetorical question. What he said made the audience and the host laugh, followed by applause, applauding for Andy's frankness.

Indeed, is it wrong to make money?

"Well, Mr. Smith, your frankness makes me a little speechless, so can you predict when the subprime mortgage crisis will end?"

Andy rolled his eyes at the other party directly, and joked: "God told me, it will be a very painful and relatively long time..."

Hahaha. . .

The audience laughed again, but although many people were laughing, their expressions became more dignified after laughing.

"Mr. Smith, neither the live audience nor the audience in front of the TV will be satisfied with your answer. We all want to hear your inference. I believe many people around the world want to know your point of view."

Jeremy Paxman's reluctance made Andy a little helpless. He shook his head dumbfounded at first, but after applause rang out at the scene, his expression gradually became serious, and he said in a low voice: "With the subprime mortgage crisis, The impact continues to spill over into areas such as credit cards, auto loans, and business credit, and the looming recession in the U.S. is likely to last around three quarters..."

. . . . . .

"My God, I almost believed that you are a good person who cares about the country and the people. Are you also a part of the Wall Street conspiracy?"

At the end of the interview, Andy left the venue amidst applause and siege, and got into the car. Li Xiaoying looked at Andy with brilliant eyes, but she complained mercilessly.

"Is it important to be true or false? Besides, every word I say is sincere, and I don't want the market to panic too much... Cough cough, well, don't encourage it, how can these governments throw it into financial institutions?" Money, if we really want to tie our wallets tight, whose money are we going to earn?

Direct government intervention is beneficial to us. Banks or financial institutions that have filed for bankruptcy can only be obtained at the price of cabbage when the government takes over! "

Li Xiaoying was a little taken aback by Andy's words, "You really want to buy a bank?"

"Why not? My Wattsup APP will add the function of mobile payment in the future. I don't have my own bank as a transfer station and fund settlement bank. Does it have to wait for several days for a refund like Paypal?"

When Li Xiaoying heard about mobile payment, her beautiful eyes lit up, but she quickly frowned and shook her head to advise: "The idea of ​​mobile payment is very advanced, but it needs a payment port, and the most important point is The habit of Americans using credit cards has been cultivated and popularized for many years, and it will take time and market education to switch to mobile payment methods.”

"Wow, Emily, I like you more and more, you are my roundworm, I just said a name, you can understand and see the difficulties, should we hug for our hearts ..."

"Get out! Who is your roundworm, it's disgusting!" Li Xiaoying's pretty face turned red, she gritted her teeth and looked at Andy who was leaning towards her, and opened his arm angrily.

When the two were frolicking in the moving car, Andy's cell phone rang. He took out the cell phone from his coat pocket, looked at it, and picked it up. After a few words, he quickly hung up.

He reached out and pressed the speaker on the armrest of the seat, and said to Kenny in the front row: "Go to the Traditional House restaurant!"

After a lot of playfulness, Li Xiaoying reached out and stroked the hair on both sides of her cheeks, her pretty face was flushed, she gave Andy a white look and asked, "Whose private lunch is it?"

"Rupert Murdoch!"

"What?" Li Xiaoying confirmed with a little surprise, with a very surprised expression on her face, she looked at Andy with a frown and said, "Why is he in such a hurry? Unless the threat of the wiretapping incident is very great, it is even possible The news corporation has suffered heavy losses and its position has been shaken, it seems that they must have touched a lot of taboos while using wiretapping to obtain news, so they want to quickly solve your big trouble!"

Andy looked at Li Xiaoying who was analyzing with frowned eyebrows. He really liked that soft face more and more.

"Emily, you are simply a female Zhuge! Be my woman, and I will treat you well for the rest of my life..."

"roll!"

Andy is naturally very clear that if he discloses all the content of the wiretapping scandal that he has mastered, News Corporation will face the joint strangulation of the British and American governments. Grasping the handle, many people can only grit their teeth and hate News Corporation and Murdoch. If Andy hands them the knife, this group of people will definitely tear News Corporation to pieces.

In his previous life, in order to deal with the wiretapping scandal, Murdoch not only lost a 100-year-old newspaper, but also a business of 12.5 billion US dollars, and was scolded by the public and besieged by various inquiries. Andy didn't know what price he paid in the end to suppress it. Under the investigation of the United Kingdom and the United States, but one can imagine that the price is definitely not cheap.

And Li Xiaoying didn't know much about the inside story, and she could infer this from Murdoch's invitation to dinner. Although this doesn't reflect how genius she is, this quick thinking and reaction speed is definitely far beyond ordinary people, not to mention, Since he was a child, he has been recognized as a genius and academic master, and he has not crossed the golden finger, tsk tsk, he will definitely crush Andy into scum.

It's a pity, if there is no if, the current situation is that Andy has long been thinking about the talented and beautiful schoolmaster, and he has long been determined to ride this unruly rouge horse!