Chong Sheng 1977Nian Cong Zhi Qing Kai Shi

Chapter 1192 Post-subprime mortgage layout

"Ghost knows, the little devil has good driving skills, and the others are not at the same level as him." Nanyi said in a relaxed tone.

"Daddy, little devil, where's your nationalist spirit?"

"My nationalist spirit is precious, and there is no need to waste it on these people."

In Nanyi's footage, the little devil repeated his old tricks, and after overturning two more cars, he followed the three cars in front without making any further moves. Perhaps the thinking of the three cars in front was the same as that of the little devil, and they kept driving at the same speed. There were occasional collisions, but they had reservations and didn't spend all their money on it.

Soon, the four cars turned from Pok Fu Lam Road to Shek Pai Curve, two in front and two behind. Unfortunately, when they got here, they also entered the blind spot of the people in Nanyi, and the scene behind them could never be seen again.

There is no drama here, Nan Yi turned the camera and looked at Mazda again. It has been a while, only one of the three overturned cars moved a little, and the remaining two were lifeless.

Nan Ruoqi also noticed this side, "Daddy, is he dead?"

"Well, you can hum."

"What song is it?"

"'Good Luck'."

"Daddy, I'm a little gloating." Nan Ruoqi pouted.

"No, the driver in a car is wearing a red suit. At this time, we can only pray for good luck."

"Zombie Daoist? Yin-Yang Road?"

"It's remote here, and the possibility of an old corpse in a mountain village is more likely."

"Chu Renmei?"

Nan Yi put down the binoculars, and scolded: "Little girl, please stop watching ghost movies. After leaving, the roof of the car is flattened. If it is not a rotten watermelon, it is also a Saqima. Wanyi, are there any activities behind you?"

"Uncle, no more."

"Well, let's take you back first."

...

On Monday, when Ai Jia arrived in Hong Kong, the planning meeting was held again, and several people went through all the information and information obtained from the Xiaohuang family.

Qiu Xiaochi sneaked into the office of the Asian online casino, spent some effort, and found the computer that regularly dumps data from the server, has a fixed LAN IP, but is often not connected to the Internet, and found an Excel file in the computer. , which records the transfer records of the casino.

Among the transfer records, there are five records with a total of 34 million US dollars that probably belong to Huang Guomei.

Nan Yi made a side note to Ren Xia's husbands Zheng Ming and Luo Qianqian. Huang Guomei had indeed entered the attention of several departments, but he was only a very small role among the objects of investigation.

The Nan family’s consistent strategy in the mainland is to follow the general trend of the country, but try not to get involved with politicians as much as possible. The cooperation between government and business seems to bring a lot of convenience, but it doesn’t last a hundred days. The convenience you get today will be rewarded tomorrow. Doubling it and going back, Huang Guomei's affairs are too big, and it's no good to get involved.

It was clarified again at the meeting that this plan is only to profit from the stock of Guangyu Electric, and the affairs behind it are not involved, and the main work is carried out in Hong Kong, and the smaller the action in the mainland, the better.

On Ai Jia's side, TCS Consulting Company can sign a big contract with Jingxi.com, and incidentally solve the matter of Jingxi.com.

Soon, a new private equity fund C\u0026S (Chiu\u0026South, Zhao Henan) was established. Nanyi gave 20 million US dollars, Zhao Shixian gave 50 million US dollars, and Nanyi gave 10 million US dollars on behalf of Nan Youqiong, Nan Wuwei, and Nan Ruojin. , A total of 100 million U.S. dollars was raised for Nan Ruoqi as start-up capital.

In order to keep the bowl of water level, Nanyi plans to give each of the three older children a big red envelope of 20 million yuan on Children's Day. Afterwards, he should plan to change planes for a group of people. In twenty or so fights, he will have a lot of blood.

The plan has been arranged here. Nan Yi flew to New York to attend the meeting of the Intelligence Policy Committee on the subprime mortgage crisis.

The subprime mortgage crisis is no longer a forward-looking topic. In fact, it has already come, and many people know it is coming. Scarlett participated in several conferences in New York and Washington, organized by the Ministry of Finance, the Federal Reserve, and the New York Fed. All the conferences revolved around two themes—how serious the crisis will be and how serious the crisis will be. How to deal with the aftermath.

Scarlett is already a heavyweight in the American financial world, and the Scarlett Fund has become a too-big-to-fail reserve. Bear Stearns, Lehman Brothers, and Morgan Stanley are all in jeopardy. Who should be saved? , Who will come to the rescue? These issues have already been discussed. The Scarlett Foundation has been included in the ranks of firefighters. When the fire is strong, it will definitely be asked to contribute.

Strength must be exerted, and it depends on whether it is beneficial to use it at the time, and some exert great strength, but there is no need to use it.

The subprime mortgage crisis will definitely cause serious consequences. Those who have anything to do with finance are almost unavoidable, and the Nan family is the same. Although the Nan family is not involved in the subprime mortgage situation, the impact is inevitable. Even if there is no direct impact, there will be indirect impact.

After the crisis, the spending power of most people has declined. In the next two or three years, the revenue of Nan's series of industries will decline, and the profits will naturally also decline. Less profit means loss. This time, Nan's will definitely lose , I have to find a way to make up for it.

"Adam Bank has just made a report that the global subprime mortgage bond size is now 700 billion US dollars, the global financial derivatives market is 415 trillion US dollars, and the derivatives market size is 8 to 10 times the global GDP.

When subprime assets become toxic assets, hundreds of trillions of dollars in derivatives will be like a nuclear bomb that is about to explode..."

"According to news from BNP Paribas, the bank's top executives are already discussing whether to disclose their huge losses in U.S. subprime mortgage securities, and announced the freezing of three of its subordinate investment funds in the U.S. subprime mortgage market."

"Weir Bank reported that the interbank lending rate in London has begun to rise, and the European interbank lending market is facing signs of collapse."

"The news reported by Southland Bank that the bank is ready to hedge with the mortgage products of Weir Bank and Jardine Bank..."

"..."

“Like an invisible virus in a plague that spreads through the population, financial crises begin when losses suffered by intermediaries in one opaque market raise concerns about liquidity and solvency elsewhere.

Infectious diseases are transmitted through close contact between people, pests and contaminated food. Similarly, financial crises are transmitted from interconnected markets and institutions. When the subprime mortgage crisis broke out, its effects will be transmitted to other countries Markets and institutions will also be transmitted from the Americas to Europe and Asia, and the whole world will be affected.

Needless to say about Europe, the Nan family has made a lot of preparations before. Once the crisis comes, it is time for us to draw chestnuts from the fire. "

“Despite the recovery of the Japanese economy in the 2000s, the economy has not recovered to pre-crash levels due to conspicuous consumption in the 1980s. At the same time, Toyota, Sony, Panasonic, Sharp and Toshiba, etc., dominated their respective industries from the 1960s to the 1990s. Japanese companies began to have to fend off fierce competition from other East Asian countries, especially South Korea and Huaguo.

Many Japanese companies have begun replacing much of their workforce with temporary workers, who offer little job security and fewer benefits. As of now, these non-traditional employees make up more than one-third of the workforce.

For the broader Japanese workforce, wages have stagnated. Since labor peaked in 1997, real wages in Japan have fallen about 13 percent when adjusted for inflation. According to a survey by the Ministry of Health, Labor and Welfare, Japanese household income has almost dropped to the level of 1987.

According to the statistics of the Imperial Data Bank, a Japanese credit rating agency, the total sales of all Japanese companies fell by 3.9% compared with 2000, that is, a decrease of 13,848.2 billion yen.

The current Japanese economy as a whole is still trying to recover from the financial crisis in 1991. It took 12 years for Japan's GDP to return to the level of 1995, and its per capita output is also lagging behind. In 1991, Japan's per capita real output was 14% higher than Australia's, but real output has now fallen to 7% below Australia's.

Over that 16-year period, Japan's economy was surpassed not only in total output but also in labor efficiency, where it had previously been a global leader in both.

In response to chronic deflation and low growth, Japan has been trying to stimulate the economy since 1991, so it has run a growing fiscal deficit. These economic stimuli had at best had a nebulous effect on the Japanese economy, but they added to the huge debt burden of the Japanese government.

According to the current trend analysis, in the next ten years, Japan’s debt level may exceed 1,000 trillion yen, which is expected to account for more than 200% of GDP and will become the highest among all countries. The huge debt scale makes the country’s financial health worrying. "

"The prosperity of the Japanese temporary labor market is good for Ikeda Club. The business of Ikeda Trainee Dispatching Club in Japan has increased in the past two years. I suggest that Ikeda Trainee Dispatch Club enters the preparation period for listing..."

"The year 2000 can be regarded as a watershed in the development of Japan's service trade. In 1999, the import and export of Japan's service trade fell into a trough. Both exports and imports fell by more than 10%, which were 15.2% and 10.5% respectively; Although the imports were still in a downward trend, the decline was 6.9 percentage points lower than that of the previous year.

Since 2001, both exports and imports have shown a wave-like upward trend, and reached a peak in 2004. From 2000 to the present, the average annual growth rate of Japan's service trade exports and imports was 10.4% and 4.4% respectively.

In 1998, Japan’s trade deficit in services reached 6.15 trillion yen; in the following years, except for the slight increase in the deficit in trade in services in 2001 and 2004, the rest of the years showed various declines compared with the previous year, and the year-on-year decline in 2005 was Close to 30%; this year, Japan’s trade deficit in services may be reduced to 1.8 trillion yen, down 70% from 1998...

Tourism is the largest deficit industry in Japan's service trade, and it has been in deficit all year round, but the scale of the deficit has shown a downward trend in recent years. From 1998 to 2006, Japan's tourism import and export deficit dropped from 3.27 trillion yen to 1.53 trillion yen, a drop of more than 50%.

Both tourism imports and exports have declined significantly. After Japan's tourism imports reached their peak in 2004, they have experienced relatively large declines in both last year and this year. Last year's decline was 24.4%. This year's decline will definitely exceed last year.

Nevertheless, Japan's tourism industry still has a good prospect, because the number of tourists from China to Japan is increasing year by year, and according to the report of the Huaiqing Research Institute, female tourists will spend a lot of money in department stores during their stay in Japan. We Nanshi can consider Increase investment in Japan's tourism industry. "

"South Korea is the ninth largest energy consumer in the world, but due to the lack of natural resources in South Korea, 97% of its energy consumption depends on imports. In the past few years, South Korea's imports of liquefied natural gas, coal, and crude oil have increased year by year. Supply, South Korea is actively seeking energy supply and production overseas, and at the same time has established a large-scale world-class refinery in the country.

Of the world's top ten oil refining companies, South Korea accounts for three. South Korea's energy consumption is dominated by crude oil, coal, natural gas and nuclear energy. Among energy consumption, crude oil accounts for 41%, coal 28%, natural gas 17%, and nuclear energy 12%. 1% renewable energy.

93% of South Korea's electricity is supplied by Korea Electric Power Corporation, mainly thermal power and nuclear power. The South Korean government owns 51 percent of Korea Electric Power Corporation. South Korea attaches great importance to the development of nuclear energy and is the fifth largest producer of nuclear power in the world.

In order to reduce dependence on conventional energy sources, South Korea has attached importance to the development of new energy and renewable energy since the 1980s.

In 1987, the Korean National Assembly formulated the "New Energy and Renewable Energy Development Promotion Law", and the Korean government formulated the "New Energy and Renewable Energy Basic Plan" for each 10-year development. However, South Korea's new energy and renewable energy research started late, and new energy and renewable energy cannot compete with other conventional energy sources in the market.

For this reason, the South Korean government gives economic and policy support to the development of new energy and renewable energy. For demonstration projects with market potential, the government subsidizes up to 80% of the installation cost.

This year, South Korea subsidized 23.597 million US dollars for more than 3,000 households who installed solar cell roofs in the '100,000 Solar Roofs Project'. Our Nanshi has laid out energy for more than 20 years and has many patents and industries in the field of solar energy. I think we should strengthen our deployment in the field of solar energy in the next step, especially in Asia, Huaguo, South Korea and so on. "

"According to the economic growth rate of Huaguo, Huaguo is expected to surpass Germany to become the world's third largest economy next year, and it is expected to surpass Japan to become the world's second largest economy in five years or less.

Huaguo is an economic hot spot. We should increase our investment in Huaguo. What I mean is absolute foreign investment behavior, not our previous layout in Huaguo...

China and the United States are the two major economies in the world today, and the nature of their relationship has a profound impact on the smooth functioning of the global trade and financial system. Through the flow of goods, financial capital and people, the two large economies are gradually integrating.

These growing ties have now of course extended far beyond trade and finance to issues as diverse as geopolitics and global security. So it's really important to get this relationship on the right track...

What seems paradoxical is that the subprime crisis may bring the two economies closer together.

In the short term, China needs export growth to maintain job creation and maintain social stability. Huaguo continued to run a current account surplus by exporting goods to the US and other developed markets, leaving it with little choice but to use its accumulated reserves to buy US Treasuries while imposing controls on the exchange rate.

The U.S. needs voluntary buyers to buy its Treasuries to fund a budget deficit that is sure to increase from the impending bailout and fiscal stimulus.

There are undoubtedly some unhealthy aspects to this relationship that have created some tension between the two countries, with each side seeing an unbalanced interest in the other. Indeed, these tensions are likely to intensify during times of worldwide economic difficulty, as financial markets and economic activity around the world decline, and as the aftermath of the crisis reverberates around the globe, economies increasingly retreat to protect and isolate themselves..."

This meeting is a group meeting of the Intelligence Policy Committee. There are many people participating in the meeting. Everyone speaks on their own areas of expertise and familiar regions. One by one, the scope of the discussion is very wide, and there are still debates. The meeting lasted for a long time, and it lasted for two full days in the foothill villa in Cold Spring Town.

Before the subprime mortgage crisis was talked about by ordinary investors, it was the third time that Nanshi held an enlarged meeting on the subprime mortgage crisis. This meeting mainly focused on Nanshi's investment strategy for the next five or six years in the post-subprime crisis era.

As soon as the meeting ended, the Intelligence Policy Committee became extremely busy again. Various orders were issued to subsidiaries in various countries, and various plans began to be implemented.

After the meeting, Nan Yi was not in a hurry to leave New York, and accompanied Scarlett, who was not too busy, to go out to sea for a few days. He didn't accompany Scarlett much these years, and he would definitely make up for it if he had the opportunity.

When Nanyi returned to the capital, it was already Saturday morning. He went back to the old house to wash up, and then hurried to school.

[Just take a look, a lot of content has been deleted. ]

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