Back to 1995

"Affected by the subprime loans of Amerika, global stock markets have fallen dramatically. European stock markets, Mexican stock markets, Tokyo Stock Exchange, Hong Kong Stock Exchange and many other emerging market indexes have experienced a cumulative decline of more than 34%!"

"Industrial Bank of Germany announced its first huge loss in 20 years, because one of its funds bought Wall Street subprime mortgage bonds, and the current loss has directly exceeded 82 billion euros!"

"The three funds of BNP Paribas involved in investing in Amerika subprime mortgage bonds have all been liquidated, and the old European stock market continued to fall sharply today!"

"Nine banks including Huisui Group, Japan's second largest bank, jointly hold subprime mortgage bonds of more than 56 trillion yen, and Bangzi and other banks are also facing direct losses of more than [-] billion dollars!"

"The products launched by many banks and pension funds in Hollywood, Old Europe, Hong Kong City, etc. are all affected by subprime mortgage bonds. At present, they are suffering serious losses, and some of them have been liquidated. Many Hollywood stars, Europe, Tokyo, Hong Kong City, etc. Celebrities, because of buying these products, they have lost a lot of money, and some celebs have declared bankruptcy!"

"Federal Finance Director Paulson announced that he will take over Fannie Mae and Freddie Mac, the two largest real estate mortgage companies in America, when necessary!"

"Federal International Group needs to borrow $850 billion in emergency loans to deal with the debt crisis when it matures."

"The little cowboy commander officially accepted the media interview today, announcing that he will provide a fund of 1000 billion dollars to help the real estate users affected by the subprime mortgage to provide guarantees to avoid losing their real estate..."

On the major TV stations in America, the eyes have completely shifted from the general election to the subprime mortgage crisis. It cannot be said that no one pays attention to the general election or something, but more people are panicked. What the hell is their house stolen? My son's house was stolen, and the real estate he might live in tomorrow will be confiscated by the Federal Bank and the Federal Taxation Agency. Who can control who will be the commander-in-chief, and eat melons and eat himself!
Just turn on any financial channel, and you can see the discussion on the TV station about the subprime mortgage crisis. The media is predicting that there will be at least a million people in America in this wave. street.

And the major federal banks, Wall Street institutions, investment banks, and foundations, in order to survive, pay due debts, and desperately withdraw funds. A large number of real estates have been listed for sale. From New York to Los Angeles, from Chicago to Houston, real estate prices All the way down, even many places directly cut in half, just to be able to sell, because if you can’t sell it, you will be taken away by the Federal Bank for auction, and you will end up with nothing, and you will be in debt. Be a bum!
Not only those ordinary residences, but even luxury houses are no exception, and it is even worse. Those luxury houses that cost tens of millions, or even hundreds of millions of dollars, are now more difficult to cash out. Almost every day there is news that some rich man has gone bankrupt. As for Those Hollywood stars were even more targeted. The luxury goods, mansions, sports cars, yachts, etc. they bought were sold at cabbage prices at this time.

"In the first quarter of the new head of ICQ, the answer sheet handed over was that the stock price and market value fell by more than 31%, which was the worst result in eight years. Many Wall Street institutions that invested in ICQ were dissatisfied with the performance of the new head of ICQ. Proposal to leave Irene Doherty to take over ICQ and get out of the quagmire!"

In the San Jose manor, Song Yang discussed in low voice with Marcus, Greck and others, and glanced at the news on TV from time to time.

The new head of ICQ is also a top professional professional manager. He has worked in IBM, Intel and several Internet companies before. He entered ICQ and became the head. A black swan event.

ICQ’s revenue has hit a record high, especially after the subprime mortgage crisis, countless people are worried about large investments, but buying clothes, lipstick, movie tickets, and video games, which are relatively low-cost entertainment, are Still enthusiastic, relying on Xueleshan's games, ICQ's revenue has set the best result in history.

But the stock price plummeted, and the new president of ICQ also became that unlucky guy. Although Yahoo, Microsoft, Amazon and other Internet companies were falling during the same period, Wall Street was still dissatisfied with him. The hot pot came to vent, yelling to let him go, and let Irene come out to clean up the "mess" of ICQ!
When seeing the current situation of ICQ, even people who don't believe in evil can feel evil. It seems that ICQ really can't leave Irene...

Irene left ICQ for the first time, the Nasdaq bubble burst, and ICQ's stock price was cut in half. This time she left, and the subprime mortgage crisis happened again. ICQ's stock price has not been cut in half, but it is almost the same. It can be called the weathervane of Nasdaq. If Irene returns to ICQ and announces her resignation for the third time, how will ICQ and Nasdaq react? !

Gallo also watched the news on TV. When he saw the stock prices of the federal military industry headed by Blackwater Security and Lockheed Martin, they all began to dive. In just a few months, the market value of Blackwater Security has shrunk by [-]%. For a long time, Gallo couldn't help swallowing when he saw that he was heading straight for the issue price.

If he hadn't listened to Song Yang's words and ran away, Gallo's worth would have shrunk a lot, at least compared to now, at least two-thirds of his worth would have evaporated!

"The current real estate in New York has collapsed. From luxury houses to ordinary houses, the decline has exceeded 30%!"

Responsible for managing the Bruno family's properties around the world, including large amounts of real estate, Marcus's team can control these properties, and the current value in various parts of the world has generally shrunk significantly.

This is the case even in America. Overseas industries, especially real estate, whether it is luxury houses, villas, office buildings, etc., basically have a sharp drop in prices. Although New York real estate has collapsed, the dive is only more than 30%. Chicago, Los Angeles and other places have all been cut in half. Real estate in Paris, London and other places in old Europe, not to mention Chinese cabbage, at least the current price, compared with the beginning of the year, is basically cut from the ankle!

The manor on the North Shore of Long Island, New York, which Song Yang bought for US$2000 million back then, had risen to a value of US$900 million last year. It has doubled in recent years, but now overnight, the valuation of the manor, It has already been marked up to 6000 million US dollars. Compared with when Song Yang bought it back then, of course it is still a big profit, but it has already dropped by half.

From the Manor on the North Shore of Long Island, you can see that there are many luxury houses in New York and America. What is the situation now? The luxury houses that were sought after by countless rich and famous people are now no one cares about.

"Now Bear Stearns and Lehman Brothers investment banks have suffered the most losses and are on the verge of bankruptcy. Merrill Lynch, Citigroup and other companies are also in jeopardy. It depends on which one the little cowboy wants to save!"

Seeing that he will be able to retire next year, but now he encounters such a bad thing, and the economic strategy is precisely what the little cowboy is the worst at, and now the security is in a state of limbo, the subprime mortgage crisis can break out, and the little cowboy is inseparable In order to raise funds for the war against Tahir and the Kingdom of Babylon, he continued to indulge Wall Street, which finally led to a big basket.

Now let the little cowboy save America from the fire and water, it is too difficult for the little cowboy to be the leader. He is good at dealing with visible enemies, but he has no idea about dealing with invisible enemies. Where to start.

Moreover, Bear Stearns, Lehman Brothers, Merrill Lynch, Citigroup, etc. all suffered terribly due to subprime mortgages, especially Bear Stearns and Lehman Brothers, which had a lot of debt to repay. No matter how much money you earn, you have to pay it back doubled today.

More importantly, even if the Cowboy Commander and the Federal Finance Boss Paulson want to save these companies, they must have money in their hands. The United States, as well as the large and small banks involved in the federal states have been rescued. The dollars they have spent have exceeded hundreds of billions. Buffett and his like with a large amount of cash flow, let those people pay to help save the insurance industry that is about to lose money.

"There is news from the Little Cowboys that they are going to propose to Capitol Hill to authorize 7000 billion US dollars to acquire the affected subprime mortgage real estate, bonds, funds, etc., so as to completely overcome this difficulty!"

Regarding what happened in Washington, the news Song Yang received is far clearer than the media. After all, the group of people around the little cowboy are sending news to Song Yang, the big benefactor, from top to bottom. The little cowboy The dynasty is about to come to an end, and they will have to rely on the support of Song Yang, a big benefactor, in the future. Dare An show no favors?

The Cowboys team thinks pretty well. Before leaving, make another big fortune. Once you get 7000 billion US dollars in rescue funds, it's not just letting you manipulate it. There are too many opportunities to do it. , It is estimated that everyone who has used this huge amount of money to save the city can eat a mouthful of oil.

But this has to be voted on Capitol Hill, and then the Federal Reserve System can start printing money to print money overnight. How can the Donkey Party be willing to let the Cowboys and Elephant Party take advantage of this, especially the next president? In the battle for leadership, the donkey party clearly holds the upper hand. Even if it wants to save the market, it needs the donkey party to control the hundreds of billions of dollars, so it tries hard to stumbling with the little cowboy, trying to drag the donkey party to the leader Come to power, and then come to save America. As for whether the leeks can live to that time, the big and powerful people in the donkey party don't care at all, as long as they eat meat, that's enough!
"Now let's see if the Cowboys can get the 7000 billion dollars on Capitol Hill, and Bear Stearns and Lehman Brothers investment banks will go bankrupt..."

Song Yang said to Greg and Marcus, no matter whether the little cowboy can get this beautiful knife in the end, as long as he doesn't get it at the beginning, it will make people feel pessimistic. This thing is like a person who is dying of thirst. It's the same, if you don't drink water when you need it most, it's useless to soak in water when someone dies.

As long as the Little Cowboys fail to get the money on Capitol Hill at the beginning, and Bells and other investment banks start to go bankrupt, then the big show will basically reach its peak, and it will naturally come to an end. Song Yang raised it The big cash flow comes in handy!