Rebirth of the American Tyrant
Chapter 1410: The Emperor's New Clothes
Since mankind invented the stock, lies and fraud have followed. It should be said that the unscrupulous looting of Wall Street ultimately led to very serious consequences. Without the Great Depression, a world war might not have started, and even if it was fought, its intensity might not be so exaggerated.
In order to prevent repeating the same mistakes, humans began to review their own faults. The so-called anti-microbial failure, anyway, Wall Street after the war is a lot more honest, and the rich turtles have also discovered that if you play too much, money is actually a life-death.
Under severe penalties, monopoly companies began to spin off. Those who manipulate the market and engage in insider trading are thrown into prison. For a long time, it can be said that Wall Street is basically the cleanest market in the world.
But ah, they seem to have forgotten that there is no law of all ages in this world. Yesterday was a very good law, and it may not be suitable for tomorrow.
The essence of capital is the devil. If the law cannot keep pace with the times, it will be inevitable to re-taste the taste of the Great Depression.
Where is the Great Depression?
It doesn't make sense to say how much the stock market has fallen. The securitization rate was actually not high at that time. Compared with the current situation, it is simply a huge difference. But why is it so terrible?
It's actually confidence. When the market loses confidence, all participants will become salty fish.
Because you can't do anything!
I don’t know where to fall, when to buy dips, or where the money for dips comes from. To put it more directly, this is the collapse of the entire value system. The United States came here once during the Great Depression, and humans have seen its terrible. It was almost lost during the subprime mortgage crisis. If it were not for the Federal Reserve of Rice to pass on the risk, what would be the final result It's really hard to tell.
As for now, William White doesn't think there is any fuss about the Internet bubble. You just saw that the bubble was huge, but you didn't notice that if it weren't for this bubble, how could the day when the Internet swayed the world?
What is the right price?
The price accepted by most customers is just that. When it comes to marketization, William White believes that there is no need to say anything about the stock price. Especially when this is said from Greenspan's mouth, it is very wrong.
Okay, Silicon Valley has fallen into a wave of bankruptcy. Not to mention those guys who mess around in the garage, even Nasdaq, at least half of the companies are unsustainable.
Well, you have opinions about this bubble and fear the rise of new wealth groups. So, what about the energy bubble and the 3G bubble that are now brewing? How can it be treated equally.
You know, California's rising energy prices have triggered a serious crisis. That is, the winter here is not cold, otherwise, there might be a little match girl.
"Uh, daddy, this guy really is. At this moment in trouble, is this going to put eye drops on Lao Ke?
I just got the briefing, and I think this will soon become a problem for me. "
Peanut's throne is no longer accidental, and now there is no need to be too eager. Checking the ticket manually is done by hand, and nothing will change anyway. But ah, the position is different, the mentality is also different, if this happened a year ago, maybe this guy would be gloating.
But now?
"Son, in fact, he is a very qualified politician. Fortunately, living in the same age as this kind of person is the greatest sorrow." Facing his son's complaints, Old Busu was very disapproving. You can see the danger of the energy problem, and William White's team can't understand the truth.
However, the emperor's new clothes tell us a truth, don't break it if you see it through. Especially when you are an adult, don't be silent.
You see, he expressed his anger towards energy companies, condemned the so-called market principles, and then used a lot of money to help the poor.
Well, I also sprayed Greenspan's face incidentally. To be honest, Greenspan's whole person is not good now. When did the old man say that there was a bubble on the Internet? How could you throw this pot to me?
While saying that there should be no administrative intervention, they also demanded price control. Nima, my old man, this is the Federal Reserve Bank of Rice, not a price bureau.
Of course, these words can only be smeared, if you go out and say that, you will be sprayed into a sieve immediately. Whether there is a bubble in the Internet will not affect the lives of ordinary people. But natural gas and electricity will meet, if this thing can also be used to hype, we still have to live.
"Father, this time the problem may be a bit big." As a veteran oil family, Xiao Busu naturally has no shortage of struggle experience. Pacific Gas has cleaned up its physical industry like a big sale. If there is no problem, he doesn't believe it anyway.
In fact, what you can see on the surface of large transactions involving energy is simply the tip of the iceberg. Don't think you have money. If so, the largest oil company in the United States should be White Oil.
"Hehe, of course there is a problem. But ah, son, the seriousness of this matter is beyond your imagination.
You see, what company is raising the price of electricity, such an obvious goal, has any media paid attention?
Including NBC.
So, you should pay attention to the news, especially the financial news of NBC. I don’t know if you have noticed the 3G communications that have been hyped up some time ago. They have not mentioned it for quite a while. "
Well, it seems that Little Busu also thought of something unusual. William White's industrial layout is very concerned, as the largest group company in the United States. Even without mentioning his relationship with William White, it is impossible to turn a blind eye.
The communications industry also occupies a very important proportion for White Investment. I don’t want to talk about other things. You can understand how many patents this servant has. Even if he disbands the laboratory and sells his communications industry, relying on these patent incomes, he will have considerable income every year.
What he didn't know was that William White was more like becoming a patent company, or a patent hooligan. Anyway, no matter what you do, and no matter how many gigabytes you are in the future, in short, you also need to pay for the most basic patents.
"That's not right, dad, his investment in 3G research and development is so large, it is logically impossible. As far as I know, they are now studying the use of the Starlink project 3G, and the money required for this is simply appalling."
With regard to his son's problem, Old Bush also said that he could not understand it. As a politician, he is qualified, so as long as he judges it with political logic, he will quickly draw a conclusion.
That guy is definitely holding a big move. As for what it shows now, it is more of a retreat
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