The Son of Finance of the Great Age

  Chapter 745 Greece's downgrade (1)

   "I'm not a liar!"

   Zhong Shi caressed his tie, and said to everyone in a leisurely manner, "People who say such things don't understand the nature of finance, so it is inevitable that there will be cognitive deviations. I have the responsibility and obligation to tell everyone that I am not a liar."

   There was a burst of laughter at the scene, and it was obvious that Zhong Shi's words amused everyone.

  Phaedra Gale, who was sitting across from the clock stone, also laughed, but unlike other people's smiles, he was sneering. He knew a lot more about the person in front of him than the other colleagues present!

  This is the editorial department of "Daily News". Zhong Shi fulfilled his promise and came here to accept an exclusive interview. Facing such a guest who might be the most important financial guest in history, the "Daily News" was full of joy. After all, for them, a guest like Zhong Shi was simply rare.

  In addition to laying out the red carpet and receiving the driver personally by the president, the "Daily News" also opened up an open space at the core of the editorial department for the first time, and reserved it for Zhong Shi to do an exclusive interview. In addition to the text interview, they also set up a video camera and broadcast the whole process live on social media.

  Naturally, the heavy responsibility of interviewing Zhongshi fell on Phaedra Gale.

  The soft background light hits Zhong Shi's face, making his entire face well-defined, with an inexplicable charm. This made the female staff present point to Zhong Shi and discuss something in Greek in a low voice. Phaedra Gale was sitting on the side of Zhongshi, although he had a formulaic smile on his face, but deep down in his heart he was quite disdainful of Zhongshi who was in high spirits at this time.

  A week ago, he personally participated in the dialogue between Zhong Shi and the heads of the three major labor unions, and knew what the billionaire had done in private. But with his ability, he can't do anything at all, he can only watch the other party perform grandly now.

  He once thought about revealing the whole thing, but after weighing it up, he gave up dejectedly. Not to mention whether this matter can be truthfully disclosed, even if it is really exposed, it is still a question of how many people believe it. The serious consequences after the exposure are self-evident. I am afraid that he and his family will face disaster. And if he chooses to bury it deep in his heart, he can still take the opportunity to make a fortune.

  Children only talk about right and wrong, adults only talk about interests.

  Phaedra Gale chose to shut up very rationally.

  However, he was still very upset, so after Zhong Shi said that he was not a liar, he couldn't help but sneered at the corner of his mouth.

   Regarding his performance, Zhong Shi directly chose to ignore it, and continued to talk eloquently:

"What is finance? Simply put, it is to provide funds for the subject matter. Whether it is bonds or stocks, or insurance and commodity futures, it is the same. But on this basis, after many years of evolution, it has derived A variety of new products have been launched, forming today's rich and diverse financial market."

"It is undeniable that although most of today's financial products have the meaning of speculation, these products were all designed for hedging, in other words, for hedging. It's ridiculous. Risky things have become the most risky things today, and often threaten the security of the real economy, which has to be said to be a huge irony.”

"All the deep-seated reasons cannot be escaped from human nature. The evil and greed in human nature dominate all of this, which is why supervision is needed. But since the year before last, we have clearly realized that the current market supervision The strength is still not enough to restrain these evils in human nature, so the future trend of the capital market must continue to increase supervision in this area.”

   "It's very reasonable!"

Phaedra Gale directly interrupted Zhong Shi's eloquence, and asked directly, "I believe Mr. Zhong also knows what kind of economic situation Greece is in at present. It can be said that the global economic crisis has severely impacted Greece. economy. Under such circumstances, does Mr. Chung have any good suggestions for the current Greek government?"

"this…"

Zhong Shi's face remained unchanged, but a trace of dissatisfaction flew across his eyes, "I don't know much about the Greek economy. But in the current situation, if we want to get out of the predicament, there are only two aspects, namely Open source and reduce expenditure.”

"The so-called open source, for the Greek government, is to introduce a new source of taxation. But I think this possibility is very small when the economy is in recession. Everyone understands the truth of fishing. If this way does not work, then the remaining The way to reduce expenditure can be taken, that is, to achieve the purpose of cutting expenses through large-scale layoffs. However, I am afraid that it is not easy to achieve this point.”

"However, even if measures are taken now, it will take some time to achieve results. Because there is no power to actively issue currency, the adjustment of monetary policy is quite small, and it is necessary to rely more on fiscal policy. The 'Reagan Economics' implemented by President Reagan of the United States ’, which created the prosperity of a generation of Americans. I think in this case, the Greek government can consider and learn from it.”

   "Of course, these are just my humble opinion, I think someone in the Greek government should see this, so I..."

   Just when Zhong Shi was about to end this topic, there was a sudden noise outside, people around looked sideways, and Zhong Shi couldn't help showing a curious look on his face.

   "BREAKING NEWS, GSEE PEOPLE ARE MARCHING!"

An editor saw the situation outside clearly through the window, and then he rushed back quickly, grabbed the interview pen and camera on the desk, and rushed outside, shouting incessantly, "Mr. news!"

  GSEE, the Greek National Labor Organization, as a trade union organization in Greece, has kept a low profile and silence during the current wave of strikes and demonstrations. Everyone knew that sooner or later there would be a strike or a demonstration in GSEE, but they had not received any tip-offs beforehand, and GSEE chose to hold a demonstration on this day.

  The sudden incident immediately disrupted most of the positions.

   "Shall we go and see?"

  Seeing that the people around were a little distracted, Zhong Shi immediately suggested empathetically, "Since it's a big event, don't bother us to take a look together and see what they want?"

  The building of "Daily News" is next to a main road. Zhong Shi came down to the window surrounded by the crowd, and soon a long black crowd appeared in front of everyone. Although there were a lot of people involved, it was generally in order. The team was led by a few policemen to maintain order. People held various placards and moved forward slowly.

   "What's written on it?"

  Pointing to the placard, Zhongshi asked Phaedra Gale, "That's Greek, I can't understand it."

   "Reject Corruption!"

  Phaedra Gale shook his head speechlessly, and said slowly, "Increase labor remuneration and reduce labor hours. It's nothing more than these. Strikes are the same all over the world."

  The people who interviewed Zhong Shi and his group were very dedicated. The cameras and microphones were still faithfully aimed at him, and even the conversation between the two was clearly recorded. The camera suddenly discovered that Zhong Shi's brows were furrowed at that moment.

   "This union..."

  Zhong Shi continued to ask, "Is it influential? What if the appeal cannot be granted?"

Phaedra Gale was speechless. He knew that Zhong Shi was very aware of the consequences, but for the sake of the spectators in front of the camera, he had to bite the bullet and replied, "This is the largest trade union in our country, and it has great influence. If If the request is not granted, the consequences will be disastrous."

  Cooperating with Zhong Shi's question, he couldn't help shaking his head and sighing, but secretly staring at himself in his heart, he really has the potential to be an actor.

   "If the trade union problem cannot be solved, maybe cutting costs is also a problem!"

  Zhong Shi said thoughtfully, "I overlooked one point in the comment just now, that is, the power of the trade union. It depends on the game of various forces. I can't say exactly what will happen."

   "Hey, it's really troublesome now!"

  I don't know who it is, and suddenly said something in English, "I always have a bad feeling."

   "Anything else?"

  Zhong Shi turned his head and asked suspiciously, "Is there anything else I don't know?"

"Is such that!"

The president of "Today" came in and said in a heavy tone, "Today is the day when the current government announces its financial report. According to expectations, it seems that the government's financial situation this year is not very good. Some time ago, people from the government passed Our newspapers have frequently released rumors that layoffs and salary cuts will be carried out. I think it is probably because of this reason that they chose to demonstrate on this day!"

  The president named Feit Fazdis is a chubby middle-aged man with a beard and looks very different from his actual age. This is a young and mature guy.

   "So it is!"

  Zhong Shi suddenly realized, "It seems to be Murphy's law. If bad things are going to happen, they will happen. Now that all the bad things are piled up, I'm afraid the consequences will be very serious."

"yes!"

Fetfazdis also agreed, and then he managed to pull himself together and suggested, "Mr. Zhong, let's continue the interview. We have a dedicated person responsible for these demonstrations, even if there are any consequences. It’s up to our government to figure it out.”

"Um!"

  Zhong Shi nodded, then walked back to his seat, and asked Phaedra Gale, "Mr. Gale, shall we continue?"

   "Let me think about it!"

At this time, Phaedra Gale was in a state of confusion, and he couldn't figure out his thoughts for a while. After a while, he said slowly, "Mr. Zhong, you have also seen the situation just now. Do you think that in this situation, as an individual How should investors look for investment opportunities?"

"this…"

Zhong Shi laughed, "I have to declare that I will not be responsible for everything I said below, and it is only for investors' reference. Combined with the situation just now, I think that in the future, the Greek economy may not Great. If your stock market has a futures index, I suggest that you can short a little, and of course you can short a little stock. But these are only temporary situations. The capital market is very complicated, and it is not an exaggeration to describe it as changing rapidly. Of course, it is better The best way is to hold cash at this time, because the euro is unlikely to depreciate in the short term, and having cash on hand can withstand most risks."

"what do you mean…"

  Phaedra Gale's face changed instantly, "Withdrawing the cash from the bank or other financial institutions, won't this lead to the collapse of large-scale banks?"

  No matter how ignorant he is, he still knows the power of a run, enough to crush any bank in the world. Once a bank crisis occurs, the entire social crisis cannot be avoided.

"That was not what I meant!"

Zhong Shi naturally categorically vetoed, "Whether or not to withdraw funds from the bank depends on personal choice and the economic situation. In fact, in our industry, there is a saying that cash is king. I believe everyone knows that Leimen Brothers, Bear Stearns and other companies eventually collapsed because of insufficient cash flow. This principle is not only for large institutions, but also for individuals.”

   Thanks to the book friends Demon Dragon Warrior Ghost, watching thousands of people break through thousands of volumes, arrowab, tanding, I love Xiaojia for voting for the monthly ticket! Thanks to the electromagnetist for the reward! Sorry for being a bit late today, but the author will update it steadily in the past few days. At the end of the month, continue to ask for monthly tickets and recommendation tickets. I hope more book friends can support, thank you~

  (end of this chapter)