They are all reborn, and the grandson is still a spare tire

Chapter 1268: Counterproductive Market Rescue

Just as Ziyi said, it was not until after ten o'clock in the evening that Yao Yuan took a bus back to the large courtyard house on Dongsi 6th Street.

Today's important meeting lasted until after nine o'clock in the evening.

After a day of marathon discussions and research, the stimulus plan for large-scale infrastructure investment across the country has been fully formed and finalized.

Next, some necessary procedures need to be followed, such as discussion and approval by CWH.

It won’t be long before this stimulus plan, with a total amount of tens of trillions of RMB, will be officially promulgated and implemented!

By then, it will surely cause a huge sensation both domestically and internationally, and inject a shot in the arm for the global economy to get rid of the impact of this financial crisis as soon as possible!

Compared with the previous life, the stimulus plan launched this time is larger in scale, with the total amount of funds invested increasing by more than 1 trillion yuan!

The amount of funds leveraged by this will inevitably be larger than in the previous life, and the stimulating effect will naturally be greater!

The reason for this welcome change is actually very simple!

Jiuye Investment Group and the secret operations team have made too much money, and too much money has been imported into the mainland in various ways. We must find a way to spend some of it!

If today wasn't the right occasion, Yao Yuan would have come up with some bolder and even crazier plans!

For example, taking advantage of this large-scale infrastructure construction opportunity and using the massive investment profits earned by the secret action team, they could dig a few more large canals running through the north and south.

In this way, not only can a large amount of overseas investment profits be smoothly absorbed and the development of the national economy be promoted, but also some super projects that will benefit the country for hundreds or thousands of years to come can be built, killing two birds with one stone!

After leaving the Great Hall, Yao Yuan took the two professors back to Lingjing Hutong and let the two teachers stay in the courtyard tonight.

After chatting with his parents and two teachers at home for a while, he left Lingjing Hutong and took a bus directly to the large courtyard house in Dongsi.

After entering the courtyard and greeting everyone, Ziyi immediately stepped forward and said:

"Dear, that vixen called me in the evening and said she wanted to talk to you and express her gratitude to you!"

"She said on the phone that her problem had been solved and she was very grateful to you and wanted your phone number."

"I told her that you don't usually give your personal cell phone number to others. I asked her to call me after 10 pm and I will pass on the message. What do you think?"

Yao Yuan smiled and nodded, then continued:

"That's a good arrangement. I have to go to the study now to deal with some things in the international financial market. The financial market is quite turbulent today."

"If she calls, tell her to call back around 11 o'clock."

"It's okay for me to chat with her for a while. It's a good opportunity to learn about what happened in the entertainment industry today. She is directly involved and should know a lot!"

"Okay, husband, this vixen is lucky!"

Ziyi smiled and nodded in response.

Then, Yao Yuan looked at several other beauties.

"I may be busy tonight and won't be able to go back to my bedroom to rest until very late. I won't be able to accompany you for the time being!"

"You don't have to wait for me to rest together. If you are tired, go back to your room and sleep. Don't stay up late, especially Yuan Quan!"

"After I finish my work at night, I will go to the master bedroom to rest by myself"

The beauties looked at each other and nodded in unison.

"Got it, dear."

After chatting for a few more words, Yao Yuan carried his briefcase and went to the master bedroom.

After entering the master bedroom, he simply washed up.

Then he changed into home clothes and went into the study.

He began to check the situation of the international financial market, and remotely commanded Jiuye Investment's Hong Kong Island headquarters and secret operations team to continue sweeping the international financial market!

As soon as he left the living room, Sister Xiaoli stood up.

"This is too busy. I've been in meetings all day and I can't rest even when I get home so late. I have to keep working. It's tiring just looking at me!"

"I'll go to the kitchen and make him some ginseng soup to nourish his body. You guys just stay in the living room."

After saying that, she left the living room and went to the small kitchen in the second courtyard.

This small kitchen usually doesn't cook much, except for Sister Xiaoli and Yuan Quan, who occasionally make soup or boil Chinese medicine.

The large kitchen located at the entrance of the courtyard is where cooking is done for Yao Yuan and everyone else.

Sister Xiaoli had just left the living room when Ziyi jokingly whispered:

"Xixi, your mother cares too much about your husband. She even cares about your husband's health more than we do. She is so considerate!"

The Fairy Sister didn't hear the subtext of these words and raised her chin proudly.

"That's right, Yao Yuan is my man, isn't it natural for my mom to care about him?"

Seeing her performance, Ziyi and Yuan Quan immediately smiled at each other.

In the study.

Yao Yuan sat in his office chair, turned on his computer and started checking the situation in the international financial market.

Things developed exactly as he expected.

As of now, the Federal Reserve has not taken any action and has not publicly announced a rate cut!

Seeing that the Federal Reserve did not take any action, the European Central Bank and central banks of various countries also chose to play dead and did not follow the Asia-Pacific financial market, and did not announce a large-scale interest rate cut or inject capital into major banks.

This is reflected in the European and American financial markets as a continuous plunge.

European stock markets have entered the afternoon trading session and are not far from closing time.

The U.S. stock market had just opened for about an hour and was in the morning trading session.

It’s a pity that the stock markets in Europe and the United States are extremely tragic.

The stock markets in European countries generally fell by more than -4%, which was a bloodbath!

The decline of US stocks has exceeded minus 3% and is still continuing to fall, showing a trend of plummeting!

The expected sharp interest rate cuts by the Federal Reserve, as well as the European central banks and the European Central Bank, not only failed to bring positive stimulus to the financial markets, but instead exacerbated the decline!

The reason for this situation is that this wave of large-scale rescue operations by countries around the world has made more investors aware of this.

The current situation in the international financial market is so critical that it has reached the point where major countries around the world must collectively rescue the market, otherwise the international financial market may very likely collapse!

However, no one can predict how effective this wave of rescue will be and whether it can revive the precarious international financial market. No one even has the slightest confidence!

With the US government’s rescue plan that started off well but ended badly as a precedent, many people have no hope for this wave of rescue!

Therefore, although central banks in Asia-Pacific countries and regions have announced rescue measures and European and American countries have almost certain expectations of rescue, countless investors still choose to vote with their feet.

They chose to sell off all financial assets such as stocks and bonds, and left the market in a hurry regardless of the cost, and even a stampede effect soon formed.

This is reflected in the financial markets in Europe and the United States, where there is no stopping the continuous plunge!

In addition to the above reasons, there is another more important reason.

JPMorgan Chase, Citigroup, Goldman Sachs, Wells Fargo and other top Wall Street financial institutions have not yet received large capital injections from the US government, so it is impossible for them to take action to disrupt the European and American financial markets!

In other words, before these financial institutions receive large amounts of government capital injections, no matter how many rescue measures governments and central banks take, they will not be able to change the tragic situation of the continued plunge in the international financial market!

As for the two super short sellers, Jiuye Investment Group and the Secret Action Group, they naturally don't have the leisure time to manipulate the international financial market!

Wouldn't it be great to make a fortune by taking advantage of the continued plunge in the international financial market?

After quickly reviewing the dismal situation in the European and American financial markets, Yao Yuan picked up the military satellite phone placed beside him and began to call Uncle Chen from the secret operations team.

After the call was connected and they exchanged greetings, Yao Yuan said decisively:

"Uncle Chen, I estimate that the international financial market will continue to plunge for at least three more days, and the U.S. stock market will drop by no less than minus 3% every day!"

"The various rescue policies introduced by the Federal Reserve and European governments and central banks, including substantial interest rate cuts, have been unable to stop this round of plunge!"

"The truly effective rescue measure is for the U.S. Treasury to directly inject large amounts of capital into top financial institutions on Wall Street. We just need to keep a close eye on this matter..."

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