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

Chapter 727: Swinging a knife from the palace

After calling Hu Jun, Yao Yuan called Gao Ning again and talked about the high school reunion.

For Gao Ning, who likes to join in the fun, of course he doesn't want to miss such a thing, so he agreed without hesitation.

After hanging up the phone, Yao Yuan started to check the situation of the international financial market online.

The reason why the international financial market has been turbulent in the past two days is basically because of the ongoing meeting of the G7 finance ministers and central bank governors.

At this meeting, some very bad information was released one after another, causing the entire international financial market to jump up and down.

Today is no exception, and some bad news has come out.

The G7 finance ministers and central bank governors’ meeting that just concluded in Paris, France, issued a joint statement.

In this statement, the G7 agreed that the impact of the subprime mortgage crisis is rapidly increasing, causing increasing damage to the world economy, and the situation is becoming increasingly severe.

This is not what we have been advocating before, saying that the subprime mortgage crisis is slowly calming down and the losses caused are getting smaller and smaller.

As soon as this joint statement was announced, the whole world was immediately in an uproar, and everyone was completely stunned.

The only good thing is that today is Saturday and the international financial markets are closed.

By Monday, the international financial market will begin a new wave of plunge, which is simply unstoppable.

By then, the entire international financial market will plummet, so much so that even your own mother will not recognize you.

For Jiuye Investment Group and the secret operations team who had made early arrangements, this was a god-given opportunity that swept away wealth like crazy.

After a while, Yao Yuan had quickly read the relevant news.

Afterwards, he sat on a chair and thought for a moment, then stood up and took his briefcase.

Then he opened it and took out the military satellite phone from it, preparing to contact Uncle Chen to determine Monday's operation strategy and learn more relevant intelligence.

Since Gao Huan was on annual leave and went home to celebrate the New Year, Yao Yuan brought a military satellite phone with him in case of emergency.

As for Uncle Chen and the others, they still stay in Hong Kong Island and keep a close eye on the situation in the international financial market.

Not only them, but everyone in the secret operations team stayed at their posts at this time.

For them, this Spring Festival is destined to be spent in battle.

In a moment, the call was connected.

Yao Yuan took the lead in identifying himself and then went straight to the topic.

"Uncle Chen, you should have seen the "Joint Statement of the G7 Finance Ministers and Central Bank Governors Meeting" just released, right?"

"Things went as we expected. These guys couldn't keep the lid on anymore. They simply broke the lid and announced directly that the impact of the subprime mortgage crisis was intensifying."

The next moment, Uncle Chen's excited voice came over the phone.

"That's right, Xiao Yao, not only have we seen this joint statement, we are currently conducting research and discussions!"

"You guys are really amazing. You were able to predict a week in advance that a similar statement would be issued at this G7 finance ministers meeting."

"To be honest, everyone can't wait now. They can't wait for Monday to come right away, so that they can kill everyone and sweep the entire international financial market."

"Hahaha"

Yao Yuan chuckled and then said a few polite words.

"Thank you Uncle Chen for the compliment. The reason why I made this prediction is based on the situation of the European and American financial markets. I think they will issue a similar statement sooner or later."

"The release of this joint statement is enough to show that the US government and the Federal Reserve are confident that they are ready to face the impact, so they issued this statement."

"But in my opinion, they obviously overestimated their ability to deal with the crisis and underestimated the huge destructive power of the subprime mortgage crisis. They are definitely setting themselves up."

"Look, the international financial market next week will be extremely tragic and will teach them a bloody and profound lesson. For us, this is an opportunity to make a fortune."

After hearing his analysis, Uncle Chen on the other end of the phone also laughed.

"Don't worry, Xiao Yao, everyone has sharpened their pig-killing knives now. Just wait until Monday comes and the pigs and goats will be on the table."

Next, they continued to discuss the impact of this joint statement and quickly adjusted their investment strategies for next week.

The discussion lasted for more than ten minutes before the topic came to an end.

Immediately afterwards, Yao Yuan changed the subject.

"Uncle Chen, let's talk about other information. What else happened in the international financial market in the past two days?"

As soon as the words fell, Uncle Chen immediately began to introduce the situation with great joy.

"As you might expect, the international financial market has been very lively these past two days, with all kinds of news happening constantly."

"We have received news that several major banks in South Korea cannot withstand the pressure from the United States and have begun to eat a large amount of subprime mortgage bonds sold by Wall Street."

"What's even more explosive is that the six major mortgage banks in the United States will meet tomorrow to discuss the rapidly spreading foreclosure problem and may jointly launch a rescue plan."

"Then there is the old fox Buffett. It is said that he is preparing to rescue the market, but he is eyeing the reinsurance of municipal bonds and is preparing to provide reinsurance for approximately US$1000 billion of municipal bonds."

"The quality of U.S. municipal bonds is a little better than the quality of subprime mortgage bonds, but it's not much better. Do we want to stop Buffett?"

Yao Yuan paused for a moment, then shook his head slightly.

"There is no need to stop Buffett. This old fox is very shrewd. He chose municipal bonds with relatively low risks to show his rescue attitude. It can be said that he can advance, attack or retreat."

"More importantly, this old fox holds a lot of cash, at least 600 billion US dollars. He is obviously waiting for an opportunity to buy the bottom. The time to snipe Buffett is not yet ripe."

"As for those Korean banks, they are basically loyal lackeys of Wall Street. They only have to be honest and obedient. They have to swallow a lot of toxic assets and kill themselves with a knife."

"What we should focus on are the six major mortgage banks in the United States and be prepared to harvest them. Once their rescue plan is announced, it will be time to harvest."

The next moment, Uncle Chen responded firmly:

"Understand, we will issue tasks to all investment groups and launch arrangements for the six major U.S. mortgage banks."

Then they chatted for another five or six minutes before they ended the call.

Later, Yao Yuan called Secretary Qiu who was far away in the capital.

On the phone, he analyzed the possible impact of the joint statement from the G7 finance ministers and central bank governors meeting.

It also directly stated that the United States has made corresponding preparations and will accelerate the speed of passing on the crisis. We must take the best response measures.

After listening to his introduction, Uncle Qiu smiled and said:

"You really guessed it. Just this morning, the United States proposed to us that we hope that we will increase the purchase of U.S. debt."

"In exchange, they decided to lower tariffs on some goods produced in our country and expand the import volume of these goods."

Before he finished speaking, Yao Yuan chuckled.

"Obviously, the United States wants to use this method to deal with its domestic inflation problem."

"For us, this is not a bad thing. Expanding commodity exports can also alleviate the pressure on related industries..."

The discussion lasted for about ten minutes before they ended the call.

Next, Yao Yuan switched to his mobile phone and called Zhou Chaoyang again.

Although Zhou Chaoyang's mobile phone had been treated with anti-eavesdropping technology, Yao Yuan still did not dare to talk about the details of his investment strategy on his mobile phone just in case.

During the call, he adjusted his investment strategy for next week based on the just-released joint statement of the G7 finance ministers and central bank governors meeting.

Then Zhou Chaoyang will convey it and tell the different investment teams to execute it!

During the busy period, it was already around 10:30 in the evening.

It was only then that Yao Yuan completed various arrangements and walked out of the study.