Full-Scale Outbreak
Chapter 761:Full-Scale Outbreak
On June 1, after the collapse of two hedge funds, Bells, the fifth largest investment bank in the United States, finally died and was successfully acquired by Baiheng Group, followed by Citi, Merrill Lynch, ******, UBS, etc. successively burst into huge losses, the US stock market plunged across the board, affected by the subprime mortgage storm, Hong Kong stocks fell.
June 3, the European and American stock market plummeted, June 8, the United States real estate trust investment company filed for bankruptcy protection, June 10th global stock market all the line fell, the stock market a green hit the confidence of investors, investors in the future economic expectations are not high, investment confidence is not high, more and more let the stock market shock, June 11, Western Europe, island countries, North America and other countries around the world in 48 hours to inject more than 320 billion yuan to save the market, can not stop the spread of the subprime storm, investors panic began to spread.
Only in the first half of 2006, the unemployment rate in the United States reached a record high, the number of unemployed people was as high as 700,000, the global economy shrank by one-third, the foreign trade volume of various countries shrank by 30%, the sharp decline in minerals and oil prices, and many automobile production workshops had a scene of employees gathering to chat, because the production of cars could not be sold, and the inventory was too large.
Global economic integration, subprime mortgage crisis will also affect the Papua New Guinea Kingdom, coffee, cocoa, palm oil and other economic crops, tuna, lobster and other fishery resources, oil, copper ore, iron ore and other mineral resources, mobile phones, computers, automobiles and other industrial products export volume decline, Papua New Guinea Kingdom assets in the top ten oil exploration companies lost more than 5 billion gold, dream mobile phones, dream computers, super-power cars, super-power civil aircraft, super military industry sales plummeted.
However, these have not affected the industry of the Wang SASAC, a dream group, super energy group products superior, with other similar products irreplaceable advantages, the second, the Wang SAS Committee is not short of money, the company's funds are sufficient, in the global black storm panic, Dream Group with strong financial strength, began a new round of expansion, low-cost purchase of foreign fixed assets, the acquisition of corporate enterprises.
One of the most eye-catching is the dream group to take over Dubai's three rotten projects, two Palm Island, one of the world's tallest buildings, as the pearl of the Middle East, Dubai can be said to be a gathering place for the rich, casually strolling on the street, can see countless luxury cars worth thousands of dollars, lucky words can also see Dubai's luxury police super run, the street gold, just hit a few people to meet the big rich, smash you hundreds of thousands.
But such a country, even appeared more than 50 billion meters of debt, the ongoing huge project all shut down, the Kingdom of Dubai has been exhausted, so that the dream group can take advantage of, Dubai's special geographical location, rich in oil resources, the next few years will not be exhausted, this investment is absolutely not bad.
In addition, Dream Group, Super Energy Group with product advantages, price advantage to compress the living space of other similar products companies, mergers and acquisitions, bankruptcy, those bankrupt companies office building Jiang Qingyan have not let go, really do geese over-hair, there are several small countries in Western Europe facing bankruptcy, and even let Dream Group control the economic lifeline.
In the United States, the kingdom of funds can not enter, Baiheng Group successfully acquired Bear Stearns, the largest theater in the United States, the second largest cinema AMC, making Baiheng cinema become the largest cinema in the United States and even the world's largest cinema, Hollywood film release to see the eyes of Baiheng Group, through the subprime crisis, Baiheng Group successfully set foot in the financial industry, real estate, news publishing, banking, retail and other industries, by the world financial magazine called "miracle creator", "crazy expansionist".
Under the advice of Zhang Yifeng, Baiheng Group in the United States to buy a large number of farms, pastures, to meet the Papua New Guinea Kingdom, wasteland world food demand, although Bouvet on the Baiheng Group quite a few words, but the growth of Baiheng Group can not be ignored, coupled with the subprime mortgage crisis let him worry, not too concerned, as long as the Baiheng Group is the United States, everything is good to say.
Throughout June, Dream Group, Super Energy Group, Xiaguang Media are immersed in the joy of harvest, simply can not stop, Zhang Yifeng this slam the palm cabinet, are driven by the three people, forced to pull the strong, to help them deal with the company affairs, good in the kingdom cabinet, the military joint finger, he will not be too busy.
At the beginning of July, the Wang SAS Committee counted its industrial value.
“Eight hundred billion gold?”The twilight was shocked.
“You are blind, right?”Jiang Qingyan smiled and asked, not to mention him, that is, Jiang Qingyan himself was startled, the expansion speed is too fast, so that the value estimate can not keep up, look back to find that only the assets of the three enterprises have been rich and enemy countries, the Papua New Guinea Kingdom last year's GDP is only 30 billion yuan.
"Honey, we're the richest people in the world."Jiang Qingyan sat on Zhang Yifeng's legs, his hands around his neck, and was coveted.
Money, no one will be too little, Zhang Yifeng in the hand of 100 billion yuan has not been used, Wang SAS Committee's humanoid robot has long been open, pay attention to the subprime storm in the fleeting money-making opportunity, this time, almost like a storm hit.
July is synonymous with heat, but 2006 was given a new meaning.
The Black July.
The subprime mortgage crisis intensified, and Wall Street as a whole was plunged into a liquidity crisis.In mid-July, the US real estate mortgage giant "two houses" suffered a huge loss of $70 billion, and was eventually taken over by the US government.As the largest car manufacturer in the United States, GM's share price fell to the lowest level in more than 50 years, the bankruptcy crisis looming, Baiheng Group took the opportunity to win GM's two classic models, including Hummer, and reorganized with Chrysler into Baiheng Automobile Group.
Of course, this is not the biggest thing, in late July, the United States' fourth largest investment bank Lehman Brothers in the United States into a serious financial crisis and filed for bankruptcy protection, the company's name office building and other fixed assets become the treasures of the Baiheng group.Merrill Lynch continues to be acquired by Baiheng Group.The top five Wall Street investment banks closed three.
The bankruptcy of Lehman Brothers has completely defeated the confidence of global investors, including Huaxia, the global stock market continues to plummet, the situation in Europe is particularly serious, many well-known financial institutions frequently rush, the euro against the rice dollar exchange rate fell sharply.
China, which is well prepared, is facing such a situation, not to mention other countries, the old head of the country, the head of the old water did not expect the subprime mortgage crisis will be so terrible, but had to take measures to enhance investor confidence, promote the steady development of the domestic economy, in early August, the Huaxia News Office announced to the outside world that in the next ten years will invest four trillion yuan for infrastructure construction, medical care, education level.
The news came out, and the world was in a state of outcry.
Following, Croft answered a reporter's question after the cabinet meeting, saying that the Kingdom of Papua New Guinea will invest 80 billion yuan for transportation construction, medical security, urbanization, information technology and other infrastructure and people's lives are closely related to the field, the Federal Reserve has issued four rounds of quantitative easing policy, through the purchase of a large number of asset-backed securities, the sale of government bonds, to inject liquidity into the market.Countries around the world are working to contain the spread of the subprime mortgage crisis, and of course, it will take a long time to improve the economic situation.
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