Rebirth in 1998 starts with the stock god

Chapter 2716: 20 Trillion Debt? Believe in the Wisdom of Future Generations

The next day.

Solomon summoned many high-ranking officials from the hegemonic countries to discuss the matter.

Among them, the fourth main god "Maker", the head of the Federal Reserve, Rome Powell, is on the list.

"Are you all here? Let me get straight to the point.

I plan to short Sakura Coin and harvest a wave of bullets to replenish the foundation.

Who is in favor and who is against? "

Solomon's directness shocked everyone present!

Rom was the first to raise an objection: "Solomon, are you confused? Sakura Country is our ally, right? It even had a head-on confrontation with Chen Mo recently.

If you harvest it now, won't it make other allies feel disappointed?"

Others echoed:

"That's right. If they really damage our foundation's credibility, it will be gone."

"The Sakura Kingdom and the Yin Yang Kingdom are our strategic allies in the East, and we cannot touch them!"

"I think this matter needs to be carefully considered and not act rashly."

"..."

Solomon had expected this situation, so he calmly turned on the big screen and listed the bills:

“This is the foundation’s public loss so far this year.

If you are willing to make up for the shortfall out of your own pocket, I have no objection.

Or, if you have any ideas to harvest a large number of blood bags in a short period of time, please let me know."

When everyone saw it, their hair stood on end!

This year, the foundation’s public losses have reached 22 billion! ! !

If everyone were really asked to pay out of their own pockets to make up for the shortfall, they would be in great pain!

When it comes to their own losses, no one complains immediately.

Solomon sneered and said, "I know what you are worried about. But what I want to say is that everyone should not forget that the Sakura Country has never been our ally, but a piglet we raised!"

"Originally, we wanted to raise it until it was tamed, and then kill it and eat it when the time came!"

"Right now, the situation inside and outside the Foundation is extremely urgent. Why should we keep this piglet? We must recognize our position and identity. We have never been "Guardians"!"

Everyone looked at each other, and all had a sense of enlightenment.

This is indeed the case.

Perhaps it is because the global economy has been growing rapidly in recent years and there is no need to conquer the world, which has given them the illusion that the Sakura Country is an "ally".

"Mr. Rothschild is right. Now is not the time to worry about the piglets' lives. Let's survive first and then deal with other problems."

"At worst, I can support another piglet!"

"Let's cut it, and make up for our deficit first!"

"..."

Everyone responded in agreement.

Solomon was very satisfied with the reactions of the crowd and spoke again:

"Let me tell you the details."

"The subprime mortgage crisis is still spreading, and the Federal Reserve continues to cut interest rates, even to the point of negative interest rates.

The Sakura Central Bank insists on an ultra-loose policy, with a short-term interest rate of -0.1% and the 10-year treasury bond yield suppressed below 1%. This is consistent with our domestic policy, and its main purpose is to stimulate the economy.

Moreover, domestic demand in Sakura is sluggish, the aging population is increasing, and the country is highly dependent on foreign exports, which leads to continued pressure for the depreciation of the Sakura coin.

So...now is the best time to short sell!"

Rom stood up and asked, "But Chen Mo has already harvested a wave of Sakura coins before. For the Sakura Coin market, the bad news has been exhausted. As the saying goes, bad times will be over and good times will come. The rest are all good news, right?"

Solomon shook his head: "If we still stick to the existing policy, then it is indeed as you said. But... the initiative of policy is in our hands!"

Rom suddenly had a bad feeling: "What do you mean?"

Solomon smiled faintly: "I need the Federal Reserve to raise interest rates, and in a short period of time, raise the interest rate to 4%-6% for me!"

"In this way, the interest rate difference between Hegemony Country and Sakura Country can reach more than 5 points. We don't have to do anything, and the capital of Sakura Country will flee to Hegemony Country like crazy."

Roma's scalp tingled as he said, "But the subprime mortgage crisis in the hegemonic country is still intensifying. Once the interest rate is raised, it will be equivalent to completely abandoning the real estate market.

House prices will plummet again!!!"

Solomon said disdainfully: “Without raising interest rates, do you think the real estate market can be saved?

Let’s face the reality. It’s no longer possible to reap profits from the real estate market in our hegemonic country!

Look at the prices of those houses. There are many cases where the mortgage is several times higher than the house price. People would rather become homeless than take out a mortgage.

What's the point of keeping interest rates low? "

"Why not take this opportunity to raise interest rates like crazy? By then, not to mention the Sakura Coin market, capital from all over the world will be attracted by the interest rates here!"

The average interest rate is as high as 5%, which may not seem like much.

But don't forget, this is interest without any risk!!!

As long as it is deposited in any bank in the hegemonic country, it will have to pay such horrible interest!!!

In the current global economic crisis, many companies are not making any money, and many have been losing money for months!

Once the Federal Reserve raises interest rates, these companies will surely transfer money like crazy and earn the 5% annual interest without doing anything!

In fact, as long as there is an interest rate differential, capitalists from all countries will definitely borrow money to deposit money with the hegemonic country to take advantage of this interest rate differential!

In this situation, Roma can foresee that global capital will pour in crazily, and the hegemonic country's economy will definitely be alleviated in a short period of time.

but……

In everything, I’m afraid of a but!!!

The corresponding high interest rate is high debt;

High debt corresponds to high risk!

If there had been no subprime mortgage crisis this year, the total debt of the hegemonic country should have been reduced to less than 10 trillion hegemonic currencies.

But since the subprime mortgage crisis, various debt crises have erupted collectively, and now the total debt of the hegemony has reached 15 trillion hegemony currency!!!

If there is another round of interest rate hikes, the total debt by the end of this year may soar to 20 trillion national currency!!!

In the past, the think tanks of the foundation predicted that the total debt of 20 trillion would not be reached until 2017!!!

This means that Chen Mo's operation, combined with Solomon's operation, may have brought this debt level forward by 9 or even 10 years!!!

This is a very scary thing!!!

This is equivalent to eating up the food that was provided for the next year in advance. It means that 10 years’ worth of food is being spent in advance! ! !

If this crisis is not resolved, it is very likely that all three routes will collapse!!!

The era of spending 50 yuan on bread has come again!

It is possible that the s3 season will start early!!!

Roma was sweating profusely when he thought of this, and he quickly asked, "How are you going to solve the debt problem?"

"With such a huge interest rate hike, the debt problem has arisen. Even if you take out all the cash you have, it may not be enough to solve the problem!"

Solomon said unsatisfiedly: “We can talk about future problems later, we can only solve the current predicament first.

If it doesn’t work, then continue to raise interest rates, and keep the debt on the books high. We must trust the wisdom of future generations.”

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