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

Chapter 617: Pulling off the fig leaf

Chapter 617: Pulling off the fig leaf

"I think the impact of the subprime mortgage crisis is fading rapidly and there is no need to increase the size of the super fund again."

"On the contrary, I think it is time to reduce the size of the Super Fund, get international financial markets back on track, and reduce state intervention."

On the computer screen, the CEO of super fund manager BlackRock is giving a speech.

The occasion for his speech was the Annual Global Economic Conference held in New York.

At this time, it was already around eleven o'clock on Friday night.

Mid-level villa, in the study.

Yao Yuan is sitting in his office chair, watching the live broadcast of the Global Economic Annual Meeting via the Internet.

On the desk in front of him was a laptop.

What is displayed on this laptop is the real-time market conditions of European and American financial markets.

With the official opening of the Global Economic Annual Meeting, the international financial market has also experienced some fluctuations.

Everyone in the financial field is paying attention to this annual economic meeting to see what big news will be revealed so that they can prepare for it.

Listening to the BlackRock CEO's speech, Yao Yuan shook his head disdainfully.

"Act, keep acting, I want to see how long you grandsons can continue to act."

While complaining secretly, he knew very well.

No matter BlackRock, Blackstone, Vanguard, or the top investment institutions on Wall Street such as Goldman Sachs and JPMorgan Chase, it is impossible not to know that the financial crisis is imminent.

They know this fact, but they tell lies with their eyes open and shamelessly whitewash the actual situation of the financial market. They have only one purpose.

That is to pass on the crisis, pull the whole world into the water, and let all countries in the world bear the huge losses caused by the financial crisis.

The people who caused this global financial crisis were Wall Street and their greedy vultures.

Yao Yuan is definitely not the only one in the world who can see this.

But for various reasons, very few people dare to uncover this abscess.

In the blink of an eye, the CEO of BlackRock has finished his speech.

The next moment, the live host walked onto the stage, smiled and said loudly:

"Thank you Mr. Robert for your wonderful speech. His speech gave us hope."

"The next speaker on stage is Mr. Zhou Chaoyang, CEO of Jiuye Investment Group in Hong Kong."

"Jiuye Investment Group is a capital institution that has taken off like a rocket this year. Its capital volume is said to be as high as over 5000 billion U.S. dollars, which is very astonishing."

"More importantly, Jiuye Investment Group is one of the largest short-selling institutions in the international financial market. It has always been firmly bearish on the international financial market and continues to do so."

"With this annual economic conference, we have invited this new capital institution to hear their views on the trends of the international financial market. This may give you some inspiration."

"Next, I would like to invite the CEO of Jiuye Investment Group, Mr. Zhou Chaoyang, to give a speech to share their views and let everyone know about this super short seller."

As he said this, the host raised his hand and gestured toward the audience.

Following his movements, Zhou Chaoyang, who was sitting in the third row, stood up and walked straight to the stage in front with his secretary.

Seeing this scene, Yao Yuan suddenly chuckled.

The wonderful show is finally on!

In a matter of three or two steps, Zhou Chaoyang has arrived on the stage.

He shook hands with the host first, said a few polite words, and then came to the podium.

After standing still, he scanned the scene and then began to speak in Chinese with a smile.

"Good morning, ladies and gentlemen, I am Zhou Chaoyang, CEO of Jiuye Investment Group from Hong Kong Island."

“It’s great to see you all here, and I’m very grateful that the Economic Year has given me this opportunity to speak publicly.”

"On behalf of Jiuye Investment Group and Mr. Yao Yuan, I would like to express my greetings to everyone present and to the annual economic meeting."

As he said this, his secretary was interpreting so that everyone could understand.

As soon as the words fell, there was a burst of applause, but it was not enthusiastic.

Especially those senior executives of top European, American and Japanese financial institutions sitting in the first few rows only applauded perfunctorily.

Those who really applauded Zhou Chaoyang were the participants from the mainland and Hong Kong Island, as well as some short sellers, big and small, who were firmly bearish on the international financial market.

Zhou Chaoyang was not surprised by the lukewarm response at the scene.

The same goes for Yao Yuan, this is all expected.

Based on what Jiuye Investment has done during this period, it would be damning if it could be treated well by others on Wall Street!

After the sparse applause fell, Zhou Chaoyang immediately got to the point.

"Ladies and gentlemen, the title of my speech tonight is, "Prospects for the Financial Tsunami in 2008""

"Before I start my speech, I want to emphasize that I do not agree with the views just put forward by BlackRock CEO Mr. Robert."

“I don’t think the impact of the subprime mortgage crisis is diminishing rapidly. On the contrary, I think the destructive power of this crisis is rapidly expanding and increasing.”

"In 2008, which is about to come, this crisis that originated in the subprime mortgage market in the United States will quickly transform into a huge financial crisis sweeping the world."

"We came to New York to attend the Annual Global Economic Conference this time, just to take this opportunity to blow the whistle on the outbreak of the global financial crisis and make all countries alert..."

Before he even finished speaking, the venue was already in a state of complete excitement.

Everyone was shocked by these words and felt their hearts beating with fear.

While being shocked, people also started talking about it.

"Isn't a financial crisis that is sweeping the world and causing huge devastation a bit too exaggerated? Doesn't the Fed say that everything is under control?"

"This guy from Hong Kong Island may be telling the truth. The Federal Reserve and Wall Street may have been lying and whitewashing the peace. They have done this kind of thing too many times."

“Don’t forget, everyone, the first person to blow the whistle when the subprime mortgage crisis broke out was also the magical young man from Hong Kong Island Jiuye Investment Group.”

"Oh my God! If a global financial crisis really breaks out, small countries like us are bound to suffer huge losses and must respond early!"

Although many of the participants at the scene were so-called professionals, their levels varied.

Especially representatives from some backward countries and regions, they mostly take the opportunity to come to New York for tourism and shopping, and their professional knowledge is pitiful.

Wherever they can clearly see the current situation of the international financial market and wherever they can see the huge hidden dangers, they usually believe whatever the Federal Reserve and Wall Street say!

Now suddenly some top financial institutions say that a financial crisis sweeping the world is about to break out. Can they not feel panicked?

When they think of the huge losses caused by the financial crisis, they feel even more confused.

Those real economic and financial experts, as well as senior financial officials from various countries who have conducted in-depth research on international financial markets, instead remained silent or even nodded frequently.

The next moment, the CEO of Merrill Lynch, who was sitting in the front row, suddenly stood up and retorted loudly:

"Mr. Zhou Chaoyang, please pay attention to the content of your speech and don't be alarmist here."

"Since the third quarter, the upward trend in the international financial market has been very obvious and everyone can see it."

"Now you are saying that a huge financial crisis is about to break out across the world. Isn't it alarmism?"

"I seriously suspect that the reason why you said this is to create panic and short-sell the financial market."

"As we all know, Jiuye Investment Group is one of the biggest short sellers in the international financial market. You are too unscrupulous."

Following his words, everyone at the scene looked at Zhou Chaoyang to see how he would respond.

Zhou Chaoyang, however, smiled and looked at the furious CEO of Merrill Lynch in the audience.

The next moment, he smiled and said loudly:

"Mr. John, if things are as you say, conditions in financial markets are improving rapidly and the subprime mortgage crisis is about to pass."

"Then why did I hear that Merrill Lynch was planning to book over US$30 billion in asset impairments just after I arrived in New York yesterday?"

"You still need to write down more than $15 billion in subprime mortgage securities. If financial market conditions are improving rapidly, how do you explain these actions?"

"Wow"

The scene exploded again, and everyone looked at the CEO of Merrill Lynch.

Looking at the CEO of Merrill Lynch, his face darkened at a speed visible to the naked eye, making him extremely ugly.

At the same time, Merrill Lynch's stock price also began to perform a high-altitude dive.

Seeing this scene, Yao Yuan chuckled happily.

At this moment, a charming voice suddenly came from the door of the study.

"My dear, it's so late, why don't you rest? I've been waiting for you in bed, can you bear to let me stay in the empty room alone?"