America's Road to Fame

Chapter 282 The Good and the Bad

Regarding the praise of these so-called musical geniuses, William Chen naturally knew the water in them, so he didn't take them too seriously.

But there is one thing that makes him more entangled, that is, after this lap, among other things, there are a lot of things stuffed in his pockets...

Inside, there are notes and napkins, written on them with a pen or directly with lipstick, phone numbers, addresses, room numbers of this hotel...even, there is a room card that was secretly handed to him .

As for his tangled point, these all represent the enthusiasm of female singers under his company for him. Faced with these feelings, it seems that which one he chooses and rejects the others will hurt many people's hearts.

Hey, the boss is not so easy to do. I still hope that they will work hard to help develop EMI Asia. Why do we have to choose? Wouldn’t it be great for everyone to be together and be beautiful?

If because she failed the wishes of a pop queen, she transferred to another company in frustration, wouldn't that be EMI Asia's loss...

Therefore, William Chen took out a room card from it, on which a pink sticker was carefully pasted for him to remember...

It's not for anything else, it's just that William Chen hasn't tried this kind of sweet girls, especially when they speak softly and softly, which is quite exciting.

After all, the two sides of the strait are a family. William Chen did not have the opportunity to make too much contribution to the peaceful reunification of the motherland in his previous life. Although he has become an international friend now, his ability is still incumbent.

With the sound of the door beeping, the beautiful woman in the room felt her heart beating violently. When she turned her head and looked at the door expectantly, she saw two big foreigners entering the door, one with dark complexion and the other with dark skin. White, very zzzq.

Under her surprised and puzzled eyes, the two of them looked around the room, carefully inspected several places, then turned around and nodded to William Chen who was standing at the door.

Only then did the beauty understand what happened just now. There was no way to do it. After all, it was an unfamiliar space. William Chen must first ask the bodyguards to make sure it was safe.

Although the chance of it happening is very low, there should not be many people who dare to play tricks on him, or those who are not clear-headed.But everything can’t be said absolutely, if it happens to him to take a sneak shot or something and turn around Mitu himself, even if it won’t affect him too much, it’s still an annoying thing, isn’t it.

"Don't be nervous, they're just routine."

After the bodyguard left, William Chen walked up to the beauty and said to her with a smile.

"It scared me, at first I thought I met a bad guy..."

"You are right, because I am a bad person, worse than the big bad wolf today..."

William Chen stretched out his hand to lift Wang Xinling's chin, and said so with a charming smirk on his face.

"I don't believe it, you are obviously a good person, how could you be bad?"

"You'll soon find out..."

Wang Xinling looks sweet, and she also dresses in a cute style, a pink princess dress.

But it is precisely this that makes it easier for people to have the idea of ​​​​conquering.

After pulling her into his arms and kissing for a while, William Chen came to the window of the room with her.

Standing in front of the floor-to-ceiling window, William Chen put his hands on her shoulders and pressed down, and Wang Xinling knelt down on the carpet knowingly...

William Chen opened the curtains and looked at the night of Yangcheng outside, the lights were brilliant.

……

What happened last night was just an insignificant episode to William Chen, and I believe the other party would think so too.

After Ivanta accepted Chen William's opinion and agreed to the purchase price of Yangcheng International Financial Center, the acquisition negotiations suddenly accelerated. TC Commercial Management Company has finalized the acquisition contract with Yuexiu Group and entered the final handover procedure.

Li Ying will stay here, and together with Ivanta's TC business management company team, complete the Meta Group's directional purchase of the other party's 15 billion corporate bonds.

William Chen returned to New York with Ivanta and his party on the Gulfstream G550.

On June 6, after the outbreak of the sovereign debt crisis, Greece stated that it had once again issued a rescue request to the European Union and euro zone countries.

Seeing the current situation in Greece, it is quite embarrassing. In fact, in the 90s, the happiness index of the Greeks reached the highest point in history. They have the most enviable social welfare in the world. Most of them People don't even need to work, they only need to hand over the money to the bank or investment bank, and they can get a lot of interest income, which is enough to ensure that they have no worries about food and clothing.

Therefore, in Greece at that time, there were almost no other industries except real estate, tourism, catering, and shipping, because they didn't seem to need other industries.

At that time, the Greeks were immersed in this relaxed and leisurely life, and they never thought about why it was so easy to make money from the country to the individual, and even almost without work, they could live a life that was envied by the people of most countries. Life.

The reason is that in order to ensure the support rate, the Greek government at that time gave the citizens social benefits that were completely inconsistent with the wealth of the treasury. Their elections were completely deformed. The people only looked at who could give them better welfare policies, and did not care about others, including the country. financial continuity.

Therefore, there is no strong industry to support profligacy, and the final result is that the treasury is empty and the fiscal deficit is heavy.

In 2002, the Greek government looked at the debts that were about to mature, and was extremely anxious, fearing that something would come out, and they would be kicked out of the EU and the euro zone. When they were given their own strength, the situation would worsen, so they found the Wall Street giant Goldman Sachs. , Find a way to tide over the difficulties.

The way Goldman Sachs came up with was to use the financial derivatives of "cross-currency swaps" to replace debts issued in euros with debts denominated in dollars or yen in a short period of time, so that Greece's debts can perfectly avoid the eurozone The rules are whitewashed as off-balance sheet business.

Moreover, Goldman Sachs also publicized Greece's embellished financial statements on Wall Street and helped it borrow billions of dollars, allowing the Greek authorities to continue to maintain public spending.

In this way, although Greece safely resolved the crisis of being kicked out of the European Union and the euro zone, in fact, their debts not only did not decrease, but continued to increase.

And things go much further than that...

In 2006, Goldman Sachs executives came to Athens to promote the most popular financial product called "subprime bonds" to the officials of the Greek Central Bank and the Ministry of Finance, saying that this product not only has high yields, but also has real estate in the United States. As collateral, it is very safe and reliable.

As a result, Greek officials felt like a treasure, not only emptied their belongings, but also borrowed billions of dollars from Wall Street through Goldman Sachs, and bought nearly tens of billions of dollars in American subprime bonds.

In this way, with the "help" of Goldman Sachs, in the next two or three years, the popularity of CDS bonds in Greek investment made their financial statements look better and better, so they continued to borrow money for additional investment.

As for the Greek people, they continued to play music and dance, and continued to start a happy life of high welfare.

But the good times didn't last long. Last year, when the subprime mortgage crisis broke out in the United States, the subprime bonds in Greece's hands became a pile of waste paper, and they could only continue to borrow money from Wall Street.

At this time, Wall Street is already in dire straits, and the financial system of the United States has been drained of liquidity. How can we lend them money?
Even the creditors headed by Goldman Sachs hope that the Greek government will pay back the money to tide over the difficulties.At this time, the Greek government owed Wall Street tens of billions of dollars with interest.

When the Greek sovereign debt crisis broke out on June 6, the Greek debt-to-GDP ratio was as high as 5%, reaching the "national bankruptcy" standard issued by the IMF in 124.9, that is, a country's external assets are less than its external liabilities, that is, it has reached Insolvency; or the condition in which a country's sovereign debt exceeds its gross domestic product.

At this time, the Greek government made a request for assistance to the EU for the first time, but it was eventually rejected because the EU was bound by two legal provisions:
One is that the EU constitution prohibits the ECB from extending a helping hand to member states when the euro is not in danger.

The second is that the Articles of Agreement of the International Monetary Fund prohibit the EU from using fiscal policy to help its member states eliminate deficits.

With the continuous expansion of the impact of the Greek sovereign debt crisis, their domestic foreign capital loss has been serious, which has caused a vicious circle. By the end of June, the ratio of Greek debt to GDP reached 142.8%!

Their financial situation has deteriorated far faster than the EU imagined. The EU has confirmed the fact that if they do not take action at this time, then Greece will end up with bankruptcy and social collapse, which will have a great negative impact on the euro .

(End of this chapter)