Age of Dreams

Chapter 867: The financial market continues to panic

Austin was going to school for class, and he reunited with his sister and left.

Taylor couldn't go to the recording today. Faced with the little beautiful wife who was just married, Xiao Qi naturally stayed in the apartment to accompany her.

Don't see that the beautiful and pure girl has become a veritable big star, but when facing Xiao Qi, she is still the cute little girl back then, delicate and timid.

In addition to getting tired of the two, she also deliberately sang her own new song to Xiao Qi.

Xiao Qi heard a few songs that he was familiar with. Generally speaking, the songs that he can remember should be very popular. It seems that Taylor’s next album and single should be released soon. Brilliant achievements will be obtained.

Oh no, there may be more.

Because in the previous life in 2007, although Taylor's songs were very good and very popular, they did not reach the current height.

Not to mention that Taylor’s songs are ranked higher on the public trust chart than in the previous life. Just to say that she has shot more than 20 advertisements for the fairy company. Using the popularity of DreamPad, she is enough to gain her reputation as a small queen of advertising and her popularity rises Up.

Yes it is.

Little Taylor took 15 shots in the first round of the Fairy Company advertisement.

But Xiao Qi’s money was not blown by the wind. Once DreamPad became famous, he immediately reduced the dependence of advertising on big stars. Although the intensity of advertising remains unchanged, most of them are based on promoting DreamPad itself, so that the cost is at least Cut it by half.

Of course, for the people Xiao Qi cares about... well, that is, Taylor, Qiao Guoer, and Feng Kexin, although their advertisements have also been reduced by half, they still occupy TV positions 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 abilities, but your exposure.

As long as the exposure rate, regardless of whether it is good or bad, can greatly increase a person's reputation in a short period of time, thereby obtaining various benefits.

For example, the beautiful first car model. For example, sister Lulu, doesn't she make a lot of money by relying on her bottomless hype?

Therefore, Taylor has such a high exposure rate, and more and more young people know her, which means that her potential fan base is also growing.

Take her first album of the same name. Originally, sales in Europe were just a small fire, but as soon as the DreamPad advertisement was broadcast, the total sales in Europe has already exceeded the 3 million mark, which can be called another new century after Xiao Tiantian, Avril Lavigne, and Beyonce. Super high sales volume.

When men and women are in love, time is always the easiest to spend, Xiao Qi feels like he has done nothing. It's the afternoon.

When he came to the United States, Xiao Qi had a lot to do. After Little Beauty was sleeping, he started to turn on the TV and computer, and quickly started work.

The biggest thing in the world in these two days is naturally the outbreak of subprime debt.

In fact, in the beginning, subordinated debt did not sweep the entire United States as it did later. Even the exaggeration of destroying the entire real estate industry in the United States, including these two days, is just a panic among small and medium investors.

In the simplest terms, Fannie Mae and Freddie Mac, the two major mortgage lenders in the U.S. real estate industry, are still very strong now. As long as they do not fall, the impact of subprime debt will not spread from the financial market to reality. Real estate market.

However, not falling down now does not mean not falling down in the future.

As the direct creators and resellers of subordinated debt, the two super giants are too involved, as long as they are people in the industry. They all know that they can't escape. As long as they develop, the next step will definitely involve Fannie Mae and Freddie Mac.

Chinese people may not know what Fannie and Freddie are.

But just remember that in 2007, mortgage-backed securities or bonds were guaranteed by these two mortgage companies. It reached 3 trillion U.S. dollars, accounting for 16% of the total value of U.S. bonds in circulation. You can know how important they are in the subprime loan market and in the U.S. economy.

Speaking of Fannie Mae and Freddie Mac, the relationship with New Century Financial Corporation is actually very easy to understand.

Fannie Mae and Freddie Mac are responsible for the mortgage to the New Century Financial Company, and then New Century Financial Company takes the loan obtained and sends it to the individual who applies for the loan.

In fact, Fannie Mae was originally an agency of the U.S. government, but after the government was reformed, it was divided out, but the federal government has always sponsored their funds, which can be regarded as a state-owned enterprise that is not a US state-owned enterprise.

In the 1970s and 1980s, in order to prevent Fannie Mae from becoming dominant and forming a monopoly, the US Congress once again established another institution with the same function, Freddie Mac, and let the two of them fight against each other and check and balance each other.

But whether it is Fannie Mae or Freddie Mac, most of their funding sources come from federal finances. It can also be said that the US government is lending money to ordinary people to buy houses, rather than ordinary banking institutions.

So you can think of them as the central bank of the real estate industry.

If you think about it, the collapse of the Central Bank of China is equivalent to the collapse of the four major commercial banks of China's China Agricultural and Industrial Construction in the real estate business. The mortgage market is completely over, and the US stock market is almost over.

General investors don't know this, but where do they dare to stay in the market? The various subordinated debts and junk debts that were not sold out yesterday are thrown out today.

Throw even if it is a plunge.

Throwing it out can still be worth a bit of money, but not throwing it out is really waste paper.

The people's psychology is so unresisting.

Now the medium and large investment banks in the United States are still looking at what to do, they are the first to panic shots. This kind of panic is often interpreted as "irrational panic" in the stock market.

It was this panic mentality that caused the three major U.S. stock indexes on April 3 to plummet again across the board. At noon, they set the largest drop of the day in eleven years, with an average of 3.5%.

From the perspective of later generations, the two-day plunge is nothing at all. The financial ice age that lasted for several years will be the most sad and painful.

But the fact is that the United States has not had such a panic for a long time, and the panic that is very uncomfortable will have to spread for a few more days.

The miserable thing is not that it is the Americans. The banks and institutions that have purchased subprime debt in the United States are simply dumbfounded.

The real estate industry in the United States has been booming for so many years. The US Federal Reserve and the US government are both so strong. How can it be possible that subprime debt has entered such a big crisis?

They wanted to sell the list immediately, but when Goldman Sachs sold their portfolio of bonds, they had long been secretly underhanded, making it impossible for them to sell the first time. If they wanted to sell, the loss would exceed two-thirds. .

Ok.

If these foreign banks and institutional investors are really desperate to sell, they can get back about 33%.

But even if they are gods, they can't judge that in the end they will not only lose money, but also pay tens or even hundreds of times the money!

So they decided after active research, wait and see, don't be impatient.

This is the magic of short selling futures!

It can make people earn a lot of wealth at a very small price~www.wuxiaspot.com~ can also make people lose unimaginable funds!

The financiers at Goldman Sachs are indeed good at scams. They have already considered the mentality of these investors, so they have been fortified and lured at every level, always letting them retain a little hope.

Investors will not find until the end that they have lost so much, and Jane has become unbearable!

The experts of these banks and institutions are not unwise, but they have met the smartest people in the financial field such as Goldman Sachs and Morgan Sachs, so they can't escape the palm of these demons.

This is why at the peak of the financial crisis, the whole world is supporting the American "Occupy Wall Street" movement.

More than 80% of the employees in the financial industry can't wait to drive the plane to crash the entire Wall Street!

The greedy devil should be punished! ! (To be continued. If you like this work, you are welcome to come to the starting point (m) to vote for recommendation votes and monthly tickets. Your support is my biggest motivation. For mobile phone users, please go to m to read.)