Chapter 867 Continue to panic in the financial market
Austin was going to school, and left after reconciling with his sister.
Taylor couldn't go to the recording today. Faced with his beautiful little wife who was a new wife, Xiao Qi naturally stayed in the apartment to accompany her.
Although the beautiful and pure girl has become a veritable star, when facing Xiao Qi, she is still the cute little girl she used to be, charming and naive.
In addition to the two of them having fun, she also specially played and sang her new song for Xiao Qi.
Xiao Qi heard several songs that he was familiar with. Generally speaking, the songs that he could remember should be very popular. It seems that Taylor's second album and single to be released soon should also be
Brilliant achievements will be achieved.
Oh, no, maybe more.
Because in his previous life in 2007, although Taylor's songs were very good and highly popular, they did not reach the heights they are now.
Not to mention that Taylor's songs are ranked higher on the Oricon charts than in her previous life, just talking about the more than twenty commercials she shot for Fairy Company, using the popularity of the dreampad, is enough for her to gain the reputation of an advertising queen, and her popularity has greatly increased.
Already.
Yes.
Taylor Jr. shot 15 of Fairy's first ads.
But Xiao Qi's money didn't come from the wind. Once Dreampad became famous all over the world, he immediately reduced his reliance on big stars for advertising. Although the intensity of advertising remained the same, most of it was focused on promoting Dreampad itself, so the cost would be at least
Reduced by half.
Of course, for the people Xiao Qi cares about... well, that is, Taylor, Qiao Guoer and Feng Kexin. Although their advertisements have been reduced by half, they still occupy positions on TV from time to time.
There are new rules in the new century.
As a star, the most important thing is not your acting skills, character and ability. It's your exposure.
As long as there is exposure, no matter whether it is good or bad, a person can become famous in a short period of time and obtain various benefits.
For example, that beautiful No. 1 car model, such as that sister Lulu, don't they just rely on their own bottomless hype to make a lot of money?
Therefore, Taylor has such a high exposure rate, and more and more young people know her, which means that her potential fan base is getting larger and larger.
Take her first album of the same name as an example. Originally, its sales in Europe were only a small success. However, as soon as the Dreampad commercial was aired, the total sales in Europe have already exceeded the 3 million mark. It can be called the successor to the new album in the new century.
Another super high sales volume after Tiantian, Avril and Beyoncé.
When a man and a woman are in love, time is always the easiest to pass. Xiao Qi felt like he had done nothing, and it was already afternoon.
After arriving in the United States, Xiao Qi had a lot to do. After the little beauty got some sleep, he started to turn on the TV and computer and quickly started working.
The biggest thing in the world in the past two days is naturally the explosion of subprime debt.
In fact, at the beginning, subprime debt was not as exaggerated as it was when it swept the entire United States and even destroyed the entire real estate industry in the United States. Including these two days, it was just a panic among small and medium-sized investors.
To put it simply, Fannie Mae and Freddie Mac, the two major mortgage giants in American real estate, are still very strong. As long as they do not collapse, the impact of subprime debt will not spread from the financial market to the actual situation.
real estate market.
However, not falling down now does not mean that you will not fall down in the future.
As the direct creators and resellers of subordinated debt, the two super giants are too involved. Anyone within the industry knows that they cannot escape. As long as they continue to develop, Fannie Mae will definitely be involved in the next step.
and Freddie Mac.
Chinese people may not know what Fannie Mae and Freddie Mac are.
But as long as you remember that in 2007, the mortgage-backed securities or bonds guaranteed by these two mortgage companies reached 3 trillion US dollars, accounting for 16% of the total value of outstanding bonds in the United States, you can know that they will
The subprime mortgage market occupies an exaggeratedly important position in the U.S. economy.
When it comes to the relationship between Fannie Mae and Freddie Mac and New Century Financial Corporation, it is actually easy to understand.
Fannie Mae and Freddie Mac are responsible for providing housing loans to New Century Financial Corporation, and then New Century Financial Corporation takes the obtained loans and lends them to individuals who apply for loans.
In fact, Fannie Mae was originally an agency of the U.S. government, but it was later separated from the government after the reform of government agencies. However, the federal government has always funded them, and it is not considered a state-owned enterprise of the United States.
In the 1970s and 1980s, in order to prevent Fannie Mae from becoming a dominant player and forming a monopoly, the U.S. Congress once again established another agency with the same function, that is, Freddie Mac, allowing them to compete and check and balance each other.
But whether it is Fannie Mae or Freddie Mac, most of their funding sources come from the federal government. It can also be said that the U.S. government is lending money to people to buy houses, not ordinary banking institutions.
So you can think of them as the central banks of the real estate industry.
If you think about it, the collapse of the central bank is equivalent to the collapse of China's four major commercial banks in the real estate business, the housing loan market is completely over, and the U.S. stock market is almost over.
Ordinary investors don't know this, but they still dare to stay in the market. All kinds of subprime bonds and junk bonds that were not sold out yesterday will be quickly thrown out today.
Even if it plummets, throw it away.
It can still be worth some money if you throw it away, but if you don't throw it away, it's really just useless paper.
The public's psychology is so irresistible.
Now, when the medium and large investment banks in the United States are still figuring out what to do, they are the first to take action in a panic. This kind of behavior is often interpreted as "irrational panic" in the stock market.
It was precisely because of this panic mentality that on April 3, the three major U.S. stock indexes plummeted again across the board. At noon, they hit the largest daily decline in eleven years, with an average of 3.5%.
From the perspective of future generations, the plunge in these two days is nothing at all. The financial ice age that will last for several years in the future is the most sad and painful.
But the fact is that the United States has not been so panicked for a long time, and the very uncomfortable feeling of panic will continue to spread for a few more days.
It’s not just the Americans who are miserable. The banks and institutions that bought U.S. subprime debt were simply dumbfounded.
U.S. real estate has been booming for so many years, and the U.S. Federal Reserve and the U.S. government are so strong. How could it be possible for subprime debt to enter such a big crisis all of a sudden?
They wanted to sell the order immediately, but Goldman Sachs had already secretly played a dirty trick when selling them the bond portfolio, making it impossible for them to sell it immediately. If they wanted to sell it, the loss would be more than two-thirds.
.
All right.
If these foreign banks and institutional investors are really desperate to sell, they can still get back about 33%.
But even if they are gods, they cannot judge that in the end they will not only suffer a total loss, but they will also have to pay dozens or even hundreds of times the amount of money!
So after active research, they decided to wait and see, don't be too impatient.
This is the magic of short selling futures!
It can make people earn huge amounts of wealth at a very small cost, and it can also make people lose unimaginable amounts of money!
The financiers of Goldman Sachs are indeed good at deception and deception. They have already considered the mentality of these investors, so they have put up layers of defenses and temptations to always let them retain some hope.
Investors will find out in the end that they have lost so much that it is simply unbearable!
The experts of these banks and institutions are not unsmart, but they have met the smartest people in the financial field such as Goldman Sachs and Morgan, so they cannot escape the hands of these devils no matter what they do.
This is why at the peak of the financial crisis, the whole world was supporting the "Occupy Wall Street" movement in the United States.
More than 80% of people working in the financial industry would like to fly a plane and crash the entire Wall Street!
The greedy devil should be punished!! (To be continued, please search Piaotian Literature, the novel is better and updated faster!