Chapter 1716

China's housing mortgage investment company has applied for bankruptcy protection, which is another large-scale mortgage institution in China on the verge of bankruptcy after the financial company of the new century.

Then Bear Stearns, the fifth largest US investment bank, announced the collapse of its two major fund companies.

Then, banks or investment institutions in Europe, Germany, France and other countries announced to freeze their funds participating in the housing loan market in the United States. Banks in Asia, island countries and South Korea also announced their losses in the United States.

This has not caused too much panic outside the country, because the losses of banks in Asia and Europe can bear, not necessarily affect the main body.

But not in the United States. None of the major investment banks is undamaged. Even Wal Mart has suffered huge losses.

As the world's No. 1 retail giant, Wal Mart has a huge trading volume every day. There is a large amount of cash left behind. These money must not be allowed to stay in the book and be invested, which is the most correct way of operation.

So there are also credit enterprises under Wal Mart, which leads to huge losses of credit enterprises under Wal Mart.

At this time, the United States was obviously unable to support it. The Federal Reserve Bank began to inject more than 20 billion dollars into the banks to save the market.

Unfortunately, more than 20 billion US dollars will not help at all.

Europe has prepared 150 billion euros to save the market, and island countries have prepared trillions of yen to save the market. But to many people's surprise, China, which is also a big creditor country of the United States, is silent about this.

These rescue actions stimulated the financial market. Many people say that the financial market of the United States is about to collapse, which will affect the major financial markets of the world. Europe and Asia can't escape anywhere.

These two days, whether it is the stock market, or the main futures markets such as gold and crude oil, fell in an all-round way.

Just a few days ago, the crude oil broke through $80, and this time it fell below $80. Fortunately, Feng Yu and his colleagues have re hedged.

What's more, Feng Yu's original purchase price of these contracts was only more than $50. Although crude oil has fallen a little, they have only lost a little profit and still have a high profit.

The Dow Jones index, which had risen to more than 14000 points, fell by more than 3% for two consecutive days.

Inevitably, the stock indexes of Europe, island countries and Xiangjiang have all declined, even those of China.

It's not true that the United States influences the world economy. The United States has issued a large number of national debts, especially during the period of Bush's political axe, and they have to wage war to teach Afghanistan a lesson in the name of anti-terrorism, so that many countries in Europe and Asia have become their creditor countries.

The more rapidly developing countries are, the more they buy their national debt. Countries with super high foreign exchange reserves, such as China and island countries, have an astronomical amount of US Treasury bonds.

Why didn't the U.S. launch a big rescue plan at this time? The Reserve Bank of the U.S. provided less than one sixth of the rescue funds in Europe.

Because the U.S. has another unique skill, that is, the bankruptcy of the political axe. I don't know when those bonds will be realized. Of course, if the government axe goes bankrupt, the loss to the United States will be huge, and any general manager dare not make such a decision easily.

Moreover, the issuance of US Treasury bonds is huge, but 60% of them are domestic. That is to say, it is the investment institutions and citizens of the United States that buy more US Treasury bonds.

The U.S. is only threatening the creditor countries in Europe and Asia. Please give me a hand, or I will go bankrupt, and your previous investment may be lost.

Of course, they also threatened the Chinese side. It's a pity that Huaxia didn't pay any attention. If you dare to go bankrupt, I'll see who will lose a lot of money if those national debts become wastepaper.

The more developed the economy, the greater the bankruptcy losses. Just like when China was in poverty, no one was afraid to fight with it. Everyone went back together, but you certainly did more than me.

Although hurt each other, but I broke a finger, you broke a wrist, who is more miserable?

China's political axe also shows that the subprime crisis in the United States will inevitably lead to a serious economic crisis. I have money, of course, to stabilize the domestic economic situation and control the life and death of your foreign countries.

The economic conditions in Europe are good. The debt is much higher than that in China. They must be more nervous than us. It's better to let those who have the ability to do this kind of rescue work. We haven't taken the opportunity to fall into the trap. It's kind enough.

You see, there are problems in your financial market. Don't we also suffer from them?

China's stock market is also falling at this time, but it is far less fierce than the previous life, because it has hit a round before, making many investments return to rationality.

Many of the stocks that rose fiercely in the previous life have been fried. After being dealt with severely by the superiors, the stock market has long since retreated from its peak heat. Now it is only more than 4000 points, nearly one third less than in the previous life.So although China's stock market is affected, but the decline is not so big, and China has a lot of money to use to stabilize the market.

The same is true for Xiangjiang. Although the damage is not small, it is much better than the previous life. Two months earlier, Fu Rongqi predicted that the stock market would fall, so they sold a lot of stocks.

At that time, Buffett and other famous investors also sold a lot of shares in Xiangjiang market. In fact, the stock market in Xiangjiang did not grow much at that time.

At this time, the Central Bank of Asia Pacific also announced that the main purpose of injecting capital into the banking system is to relieve the economic pressure of banks in Southeast Asia.

But Huaxia Bank was not affected at all. They sold off the mortgage bonds of those subprime loans as early as they were asked. Although the profits in the second half of last year and the first half of this year were relatively low, this was the subprime crisis, but the impact on them was the lowest.

Even the U.S. government bonds purchased by these banks were quietly sold off, so the U.S. government bonds held by Huaxia at this time were much less than those held in the previous life.

At least, the impact on China of the crisis transferred by the United States will be greatly reduced.

Many experts predict that this may affect the overall economic development, and maybe the global economy will be hit hard this year.

At this time, the world's central banks have injected more than 400 billion dollars into the market because of the subprime crisis, and the number is still rising in an emergency.

When they got to the hole, they found that there were so many holes, so big.

Feng Yu looks at the news on the Internet, and the corner of his mouth rises. The subprime mortgage storm is coming, and the huge profits in the futures market are coming! (to be continued. )