The most adept at psychological warfare in history were the foreigners at the end of the Qing Dynasty and the beginning of the Republic of China.
Relying on their strong strength as a backing, they gained one benefit after another in China without even sending out troops, which directly created the image of a "foreign man" in the minds of the Chinese people.
At first, Europeans and Americans took Xiao Qi's words as a joke, but with Xiao Qi's success again and again, many Europeans and Americans now began to take Xiao Qi's remarks seriously.
The young man's intention was to make them afraid, so as to avoid these people from engaging in conspiracy and conspiracy in the future during the development of Fairy Company. No matter how confident Xiao Qi was, he did not dare to boast that he could beat those on Wall Street.
A group of elites, where the world's top smart people gather. Anyone who dares to look down upon them will surely end in tragedy.
If the industry develops steadily and has a strong backing, but can also put psychological pressure on them, Xiao Qi's career will undoubtedly go more smoothly.
It has been more than 40 days since Bear Stearns closed two funds that had reached a maximum scale of 20 billion in August, and the subprime mortgage crisis has completely erupted and developed now. European, American and Japanese stock markets have already fallen to almost the same level.
There is a wave of stabilizing market conditions.
However, the actual economic situation of various countries has not improved at all, but has worsened.
The central banks and financial departments of various countries have replaced various enterprises and companies that should have appeared and become the protagonists in the news.
But it seems to have no effect.
Today, September 18, the Federal Reserve cut interest rates for the fifth time, with the federal funds rate falling to 4.75%. What's even more serious is that Northern Rock Bank, which has the largest number of new mortgage loans in the UK this year, suddenly announced that it was preparing to split due to a run.
For sale.
You know, the most important business of Northern Rock Bank is not its 24 billion pounds of deposits. It specializes in the inter-bank dismantling business, and then engages in mortgage loans and securities businesses in the financial market.
To put it bluntly, it specializes in subordinated debt bonds.
Even giants such as Sumitomo Mitsui Banking Corporation, Bear Stearns, Merrill Lynch, and Deutsche Commerzbank cannot support the losses in the subordinated debt bond business department, let alone this bank that specializes in subordinated debt bonds.
There is only one department, but the whole bank is invested in it. It's really a suicide!
However, it doesn't matter that Northern Rock Bank has announced that it will be split up and sold. There are 1.5 million depositors in England who have deposited money with them. Among these 1.5 million depositors, at least half of them have not yet received money from Northern Rock Bank. Now it has
Going bankrupt, how is this possible?
Seeing that a big incident is about to happen, the Bank of England, the central bank of the United Kingdom, immediately announced that it will take over this mess and will not let depositors' deposits disappear. Please rest assured.
Ahem.
For those who accuse China's central bank of being meddlesome, listen to the response of the Bank of England. Aren't they all doing the same thing?
Northern Rock is just the first bank to fall, and dozens of banks, large and small, and hundreds of funds and financial institutions will fall on subprime bonds.
In the entire storm, Paulson, Tong Wencong and other fund managers were the big winners. As a result, they became stars who emerged from the disaster, and were regarded as equal to Soros by many young people who were keen on getting rich through finance.
The same idol!
Xiao Qi, who is in Chengdu, cannot just sit back and watch the flowers bloom and fall, but it is always a good thing to see that subordinated debt continues to bring huge profits to his secret account.
Originally expected to get back 15 billion U.S. dollars with principal and interest, Tong Wencong has now optimistically raised the amount to 20 billion U.S. dollars.
In fact, more money and less money no longer mean much to Xiao Qi. What he likes is to see that developed countries such as Europe, the United States, Japan and South Korea are in decline as expected, while China's economy is in decline due to the reminders of himself and his father.
Under this, we can avoid many wrong detours and make great strides to catch up with these developed countries.
If a gentleman is poor, he can only take care of himself; if he is prosperous, he can help the world.
Now Xiao Qi is doing his best to help after he has achieved success in his career.
Speaking of Tong Wencong, after listening to Xiao Qi's advice and not touching CDS insurance policies, she often told Xiao Qi about fund managers.
For example, several fund managers who have made gains in subprime debt have now purchased a large number of CDS insurance policies from various European countries from companies such as Goldman Sachs, preparing for debt defaults in these countries once the subprime mortgage crisis breaks out.
, just take the CDS policy and go to the underwriting banks to collect the money.
After waking up, Tong Wencong looked at their actions and felt that these fund managers were too courageous.
It’s not just about harming one country and one bank. It can also do things that are so obviously against more than a dozen countries and dozens of important banks in the country. It can’t but be said that they think the United States is simply the best among cows.
, arrogant to the point of being a bit boundless.
As everyone knows, due to racial and historical origins, the relationship between the United States and the European Union cannot be completely separated.
Once it arouses strong backlash and anger from European countries, the United States is bound to fall on the heads of a few of the most active elements - Goldman Sachs in the previous life, known as the boss of the United States' number one investment bank, usually bullish and coaxing,
Wasn’t it just under this circumstance that not only was he fined more than a billion dollars by Europe, but he was also brutally stabbed by the United States?
Even an investment bank with such a strong background as Goldman Sachs has been slapped, let alone those small fund companies. Being fined by the court is still a trivial matter, and it has attracted the US Federal Taxation Bureau to take action, so it is too late to cry!
After thinking about this, Tong Wencong admired Xiao Qi even more.
There are very few people in the United States who can stick to their true intentions despite the temptation of huge benefits, let alone the Chinese who are so impetuous that only money is in their eyes!
After removing the turmoil of the CDS policy, Tong Wencong focused more on harvesting the harvest of subordinated debt. Moreover, he followed Xiao Qi's advice and became more and more low-key in his actions, which made many familiar fund managers think that this person looked like
Recently, it has suddenly become invisible in the capital market.
But Tong Wencong doesn't care about the decrease in attention.
Now all he wants to do is make a fortune in silence. If he has money, what should he be afraid of?
If he hadn't known that Xiao Qi had no interest in the financial market, he would have wanted Xiao Qi to cooperate with him and kill everyone on Wall Street together.
What a pity!
Qi Shao’s genius should not be limited to such a small area as the electronics industry! (To be continued, please search Piao Tian Literature, the novel is better and updated faster!