Reborn 80s

Chapter 1000 The crisis is deepening
At the beginning of April, it is mid-spring, and all things appear in the garden.

The 20th Huaxu Science and Technology Conference has officially begun, and the entire domestic media has devoted all its energy to this report.

A live TV broadcast was naturally arranged, with CCTV conducting the exclusive live broadcast.

In addition to the live broadcast of the award ceremony, there are also live broadcasts of academic lectures and academic exchanges.

Of course, academic lectures and exchanges are broadcast live on the science and education channel.

After all, for most people in the country, they actually have no idea what these big guys are talking about.

But even if most people don't understand, it still has to be broadcast live.

If not for anything else, just for the promotion of technology.

The advancement of science and technology requires more young people to engage in scientific and technological research in the future.

When China has 500 million scientific research and technical personnel, think about it, how fast will China's scientific and technological progress be?

What if there are 1000 million?
Well, actually the more the better, after all, scientific research requires funding.

You can’t always say that you should invest all your money in scientific research, right?
It sounds good, but it's unrealistic.

You have to be clear about what is needed most at this stage and do things within your capabilities.

The Huaxu Award is the highest award given to young scientific and technological workers. Each winner is a future leader in China's scientific and technological circles.

This year's Huaxu Award presentation is also the same as before, with some changes in some small details.

In fact, not many people may even notice this change.

For example, during the award presentation, the girl who came on stage carrying the medal was an artist under Beichen Entertainment.

Beichen Entertainment has a special brokerage company that specializes in discovering and cultivating new artists.

As for those celebrity artists, the agency will allow them to set up their own studio.

Some people will also terminate the contract, and Beichen Entertainment will not care about this. It is just that after the contract is terminated, various resources will plummet.

Beichen Entertainment is the largest film, television, music, and animation production company in Asia.

In terms of animation, it refers to Shanghai Art Film Co., Ltd., commonly known as Shanghai Art Film Studio.

On the title of the cartoon, it is also named Shencheng Art Film Studio.

This old name is a heritage, how can we give it up?

The best animation talents in the country are proud to enter Shanghai Art Film Studio.

With the gathering of a large number of talents, it is natural that the animation works produced by Shencheng Art Film Studio in recent years have reached a higher level in terms of both quantity and quality.

Although Shencheng Art Film Co., Ltd. is nominally under Beichen Entertainment, it is actually operated independently.

The art film studio is doing quite well now. After actively carrying out market adjustments, it licenses its animation images and distributes them on the market in large quantities.

How to ensure that everything on the market is genuine?

There's really no guarantee.

However, you can do something on the channel.

Not only does it hit manufacturers, it also hits sales.

Anyway, it’s all kinds of reports.

Basically, one report will be accurate.

The licensing fee of the Art Film Studio is not too expensive and is based on the sales volume of the product.

For each product sold, a portion of the money will be given.

This is about sharing.

Of course, you can also directly pay a sum of money to buy the right to use it for a period of time.

As for how many units can be sold, that is the manufacturer's own business.

While China is bustling with activity, the international financial market is feeling a constant chill.

In February, New Century Financial Corporation, the second largest subprime mortgage loan company in the United States, issued a profit warning for the fourth quarter of 2.

Generally speaking, whenever a profit warning is issued, it means a real loss.

At this time, some Wall Street companies were anxious.

Although Wall Street appears in the outside world as a whole, Wall Street is composed of countless financial institutions.

There are banks, insurance, trusts, securities and other companies.

Creditors who borrowed money or invested in New Century Financial Company have felt that New Century Financial Company has serious problems, and naturally want to protect their own interests.

In other words, if you can lose less, you will lose less.

Faced with a debt squeeze of US$174 billion, New Century Financial Company filed for bankruptcy protection on April 4.And it will lay off 2% of its employees.

Of course, this company still has a lot of assets, let's just say those houses. As fixed assets, no matter how much the price is reduced, it cannot be said that they are worthless.

Even if you collect scraps, you can still make some money by selling them!

How to position the value of a product is affected by many aspects.

The most important thing is supply and demand!

In addition to supply and demand, another very important factor is market sentiment.

When everyone is optimistic about this thing, even if it is only worth 1 cent, the price can rise to 100 cents.

The subprime mortgage crisis, which has been looming since the spring of 2006, has finally begun.

At this time, global short-selling forces were also gathering secretly and began to conduct layout operations in the financial market.

After watching the Huaxu Award presentation, Chen Huaiqing went to Xiangjiang.

After the international oil price exceeded US$2005 in August 8, it began to fluctuate. Fortunately, it did not exceed US$70.

He somewhat understood why the stock price continued to rise sharply.

Hype!

In other words, a large amount of money entered the oil market, driving up the price of oil.

Where do these funds come from?
Stock market!
A large amount of money has been withdrawn from the stock market, and it always has to find a place to go.

Gold and oil, these two things are undoubtedly quite good.

Not to mention gold.

Whenever something happens in the financial market, gold will rise.

Because the funds withdrawn from the stock market have a risk aversion, they buy gold for hedging.

As for oil...

Oil is an indispensable consumable for modern civilization.

"With the bankruptcy of New Century Financial Company, it will inevitably trigger a series of chain reactions. Funds that purchased subprime loans will also collapse in large numbers. It will be inevitable to trigger a global financial crisis."

Large investment banks in the United States turned subprime loans into funds and sold them to the world.

Now a large number of funds will face liquidation.

In addition to funds, there is also the most important financial institution, which is a bank.

Many banks will be eliminated in this round.

"After the financial crisis, the price of oil will fall."

Everyone knows that after the financial crisis, demand for goods dropped sharply, and prices will plummet.

Everyone remembers that there is a description in the history books, that is, during the Great Depression in 1929, milk could not be sold and was directly poured into the river.

By that time, milk had lost its value.

Goods that cannot be sold have no value.The value of goods must be reflected through transactions.

A conference room invested by Meta is slightly different from other conference rooms, that is, it does not have a large conference table.

Instead, everyone sat in a circle, and the armrests of the seats were quite wide.

If you want to jot something down, just write it on the armrest.

Chen Huaiqing held his head and frowned. The financial crisis should reach its climax in 08, after the Olympics.

Anyway, in the news, after the Olympics, there were suddenly more reports about the financial crisis.

One moment, the Chinese people were immersed in the joyful atmosphere of the Olympic Games, and the next moment they were directly in financial crisis.

Of course, in his last life, Chen Huaiqing didn't care about this either.

I rarely even watch the news.

On weekdays, it would be nice to be able to read newspapers in the school newspaper section.

Chen Huaiqing asked: "Is there any time to predict whether it will turn into a global financial crisis?"

"This one……"

"Boss, this matter depends on the next development of the situation. After all, the global financial crisis is just a prediction on our part."

It’s hard to say whether the prediction will happen or not!
There are so many weather satellites in space, weather balloons in the sky, and various weather observation stations on the ground, but weather forecasts still cannot be guaranteed to be 100% accurate.

The accuracy of weather forecasts is now quite high.

Later, I was able to basically do it. If it rains tomorrow, it will basically rain tomorrow.

Because the accuracy of weather forecasts has greatly increased, no matter what you want to do, first look at what the weather forecast says.

Chen Huaiqing: "What do you think of the oil market?"

Over the past few years, oil prices have been operating at high levels.

Compared with the price of less than 20 US dollars back then, the current oil price, which fluctuates around 70 US dollars, is at a high level!

In recent years, the global economy has developed rapidly, and the demand for oil has naturally been on the rise.

It’s not surprising that oil prices are high as demand rises.

Meta invests in the oil market, and the investment can be quite large.

Oil is the world's largest commodity, with billions of tons of oil consumed globally every year.

As for the second largest consumable, it is iron ore.

As for food, if it were divided into a big category, there would definitely be a lot of it.

But grains are divided into wheat, rice, soybeans, etc. These are staple foods, including vegetables, meat, etc.

Humanity as a whole consumes a lot of resources every year.

Although many resources are consumed, in a strict sense, these consumed resources have not disappeared, but have been transformed into another form.

Still on the earth.

The whole cycle.

Theoretically speaking, a cyclic balance can be achieved.

Speaking of which, burning people is actually part of the ecological cycle of removing people from nature.

The people present looked at each other.

Logically speaking, when an economic crisis occurs, everyone's life will be difficult, and the demand for oil will decrease.

The relationship between supply and demand determines price. If supply remains unchanged and demand decreases, commodity prices will naturally decrease.

But when will this demand drop?After the demand drops, when will it be transmitted to the price side? These are all questions.

The most important point is, when will the economic crisis happen?
The funds used for Meta investment operations are not billions or tens of billions, but a huge investment amount of hundreds of billions.

Therefore, the timing must be accurately grasped.

It is not unheard of for someone to still suffer investment losses despite knowing inside information.

The analysts at Meta Investment are very strong, but they are not gods.

"We feel that oil prices should be able to maintain overall stability in the next six months."

Chen Huaiqing raised his eyes and looked at the speaker. It seemed that he had said the words, but it seemed that he had not said them.

Looking at the recent oil price performance, he naturally knew that oil prices would rise sharply next.

He remembered that it had risen to over one hundred dollars.

Chen Huaiqing quickly made a decision: "Then continue to be long first."

It's better to be quiet!
During this period of time, Chen Huaiqing stayed in Xiangjiang anyway.

Everything in the world is interconnected. When a domino falls, it causes a series of reactions.

By June, two funds of Bear Stearns, the world's fifth largest investment bank, suffered serious losses. The reason for the losses was subprime mortgage bonds.

In 2003, Bear Stearns occupied the main market in the mortgage-backed securities business and surpassed Goldman Sachs and Morgan Stanley in pre-tax profits, becoming the most profitable investment bank in the world.

Become bigger and stronger in the field you are familiar with!
This is a very normal thinking and an inevitable choice.

Bear Stearns would naturally not give up on making such money, expand its business scale, and seize every opportunity to make money.

Therefore, in 08, it was acquired by Xiaomo Company.

Bear Stearns' funds became the first to fail due to the subprime mortgage crisis, and more will follow.

Chen Huaiqing knew that this was a sign of the deepening impact of the subprime mortgage crisis.

Nowadays, no one can try to use a mantis as a chariot. The rolling trend will overwhelm everything.

In the gym on the first floor of Sun's residence, Chen Huaiqing pressed the button on the treadmill. The speed of the treadmill slowed down. Chen Huaiqing walked slowly on it and adjusted his breathing.

While wiping the sweat from his face with a towel, he didn't get off the treadmill until his breathing became steady.

Naturally, Chen Huaiqing was not the only one in the gym, but there was also a professional fitness coach beside him.

Fitness is a good thing.

But exercising indiscriminately will destroy your body.

This fitness trainer is Sun Congxuan's personal fitness trainer. He has quite a few skills and also has a nutritionist's certificate.

Of course, she must be a woman.

Sun Congxuan knew how possessive Chen Huaiqing was and didn't want to make anyone jealous.

After exercising and a relaxing massage, Chen Huaiqing went to take a bath.

The Xiangjiang Beichen Entertainment Headquarters is not very eye-catching among the high-rise buildings in Xiangjiang.

But everyone who knows this place has a very different look when they look at it.

Beichen Entertainment represents the highest level of film and television production in Asia.

This is also the largest producer of Hong Kong current!

To be precise, it should be Hualiu.

"Hi boss!"

Luo Hongde diligently stepped forward to open the rear door, with a slightly flattering smile on his fat face.

Chen Huaiqing: "Lao Luo, you have gained weight again. It's time to lose weight, otherwise you will get all kinds of diseases."

Luo Hongde chuckled and said, "I'm already losing weight, but I just can't keep my mouth shut. Boss, you know this too, so this is my hobby!"

Just this hobby?
But not necessarily!
Chen Huaiqing didn't expose it either. He knew exactly how the people under his command were doing.

(End of this chapter)