The Son of Finance of the Great Age
Chapter 752: demagogic
Chapter 752 Bewitching
"Who can guarantee that Spain will not become the second Greece?"
Zhong Shi’s sonorous and forceful voice resounded throughout the audience, like a nuclear bomb exploding in everyone’s ears. Immediately, the participants in the audience were in disbelief at first, and then disregarded social etiquette, and began to discuss one after another.
This is Madrid, the capital of Spain, and the U.S. Embassy in the West. Like Gross and others, Zhong Shi also attended a reception and dinner that only American businessmen were allowed to join.
Naturally, it was a coincidence that among the many participants, there were also one or two Spanish local reporters.
"how can that be?"
A tall and thin middle-aged man first questioned, "Not to mention the situation in Greece, just because Spain is the fifth economy in the euro zone, how can it be said that it collapsed?"
"This is impossible, absolutely impossible!"
he added, shaking his head.
Hearing what he said, the others nodded in agreement.
Completely different from Greece, Spain is not only a big agricultural country in the euro zone, but also a big industrial country, producing at least 2 million cars every year. Although it is still not comparable to countries such as Germany, France, and Italy, Spain is much more developed than Greece, a country with a GDP of only 100 billion euros.
"nothing is impossible!"
Zhong Shi's tone was still so strong, without a single retreat or compromise, he categorically retorted, "Ladies and gentlemen, you should be clear that the price of joining the Eurozone is the loss of the right to issue currency. In this case , If there is an economic depression, there is only one possibility to save the economy, that is, fiscal expenditure.”
"Maintaining the current tax rate remains unchanged. When the GDP growth rate slows down or does not grow, or even goes backwards, the national fiscal revenue will inevitably decrease. I believe everyone knows this clearly. However, the general environment requires the government to increase expenditure. Stimulate the economy, then it has nothing to do but borrow."
"If I'm not wrong, the Spanish government started the economic stimulus policy last year, and they have spent a lot of money so far. I believe it will not be long before they announce their fiscal situation, and the deficit will definitely reach an unexpected level. levels expected by the market.”
"Everyone, in this situation, high debt and high deficit, what can cause?"
Zhong Shi looked at the crowd with burning eyes, "That's right, it's panic! It's conceivable that the stock market will plummet, bonds will be sold, banks will be run on, society may fall into disorder, and the whole country will panic, looking like the end of the world. scene."
"These are not alarmist talk, but high probability events!"
Everyone was chilled when they heard it, and their faces changed, but Zhong Shi still didn't let go of their plan, and continued to confuse, "Think about your investment here, what kind of situation will your wealth here be like?" ?Assets may be looted, and funds may be frozen. Maybe your personal safety is fine, but the development you want, the profits you want, and even your principal are all in crisis."
"Is this what you want?"
Zhong Shi finally asked back.
Silence!
The whole audience was silent!
Everyone was immersed in the doomsday scene depicted by Zhong Shi, unable to recover for a long time.
Yes, for those who invest overseas, what drives them to do these things is profit. If the situation Zhong Shi said really happened, then it would really be the end of the world for them.
Although so far, not everyone believes Zhong Shi’s rhetoric, but it is undeniable that Zhong Shi has successfully cast a shadow on their hearts.
"Scaremongering!"
It was the tall and thin middle-aged man who had questioned earlier, he was the first to come back to his senses, and said disdainfully to Zhong Shi, "I don't care whether what you said will really come true, just talk about the fact that you published this article. I don’t believe that you would really remind us so kindly of the motive of speaking!”
"Yup!"
"That's right!"
…
After some reminders from him, everyone finally understood.
If you talk about professional things, naturally none of the people present will be the opponent of Zhongshi in the debate, but not everything is about the sharpness of the debate, and more often people still look at the motivation.
As soon as the issue of motivation was mentioned, everyone realized that Zhong Shi had no connection with most of them, so he called everyone together and "kindly" reminded this issue that there was a problem of unclear motive. Most of them would not believe that Zhong Shi had good intentions.
No adult would do such a thing without motivation. Naturally, it is impossible for the US government to do such a thing, after all, it will offend the Spanish government.
"This…"
Zhong Shi began to hesitate.
"Look, this guy is talking nonsense!"
"It turned out to be a liar!"
"It's so disappointing, it turned out to be such a person!"
After a period of silence, the crowd suddenly burst into doubts. Ganqing Zhongshi didn't give a reasonable explanation, which made them very disappointed. The huge psychological gap caused them to say all kinds of embarrassing words.
"Actually, the truth is this..."
Seeing that the situation was about to get out of control, Zhong Shi had no choice but to stand up again, rubbing his hands, pretending to be embarrassed, he hesitated for a while, and then said, "I plan to organize an exchange fund recently..."
He didn't go on, but the meaning was very obvious.
"So it is!"
It was only then that everyone realized that it was a money seeker.
Everyone is no stranger to this kind of fund manager who seeks to manage funds. After all, they have all had similar experiences. So when Zhong Shi said these words, they quickly figured out Zhong Shi's motives. Of course, this motive also perfectly explained why Zhong Shi said the above words, so the crisis that troubled them just now disappeared quickly.
But then, the next question arose again, was Zhong Shi exaggerating what he just said in order to attract funds?
"Well, for the time being, I believe in your motives, but how can you prove that everything you said is possible?"
The tall and thin man questioned loudly.
Zhong Shi understood a little bit. It seemed that among the people present, the tall and thin man was a very prestigious figure. He nodded and smiled at him and said, "Sir, if you care about what happened recently, You will notice that nothing I say is alarmist."
"Greece's national debt has been downgraded, this is a fact. Next, maybe Portugal! Maybe you don't know, just two years ago, the rating agency Moody's issued a warning on Portugal's fiscal expenditure, which means that Portugal has also been The market is on it. Where it will be next, I don't know. But I know that Spain is in the same situation as them, and it will only be a matter of time, maybe tomorrow, maybe next week, maybe Next month, anything is possible."
"What you are doing now is to avoid future risks, which is very important."
Zhong Shi continued to confuse, "Simply put, this is the expectation. Of course, now I offer another possibility, that is, while avoiding risks, you can also obtain considerable returns. Isn't it better?"
"..."
Everyone was speechless for a while. At this time, Zhong Shi still did not forget to promote his own fund, which made them more determined. The other party's motives came from the heart.
But they all ignored the most important issue, that is, if it is a simple fund promotion, it is absolutely impossible to use the power of the US embassy.
"Ladies and gentlemen, any other questions?"
Seeing the scene fell silent, Zhong Shi finally asked, "If there are no other questions, I think I should be done."
"and many more…"
It was still the tall, thin, middle-aged man, who seemed to be on a par with Zhongshi, and kept asking tirelessly, "If the things you said really happened, what will happen to Spain in the future, and what should we do?" ?”
His attitude seems to have changed a bit, but it seems to be asking Zhongshi how to make money.
"this…"
Zhong Shi was a little hesitant, but when he saw the crowd in the audience and found that they all looked expectant, he simply said, "Obviously, if Spain's debt is really in crisis, then the people who are the first to be What hits investors' confidence. The stock market may fall, bond yields will soar, etc., these are predictable. More importantly, because Spain's share of the euro zone is far from that of Greece countries can match, so it will have a significant blow to the euro."
"Of course, we are also very clear that the euro area will not sit idly by."
He changed the topic, and then said, "Perhaps the most important countries in the euro zone have launched a rescue plan, but this will inevitably lead to increased spending in other countries. What kind of scale will it reach, and how will the whole situation go? , according to my own level, I can't judge it yet. But it is undeniable that a crisis is at hand."
"Perhaps the most serious consequence may be the collapse of the entire euro zone, which is of course the most extreme case."
Zhong Shi's face gradually became serious, "At that time, no market is safe. Compared with Europe, the United States is at least stable. A large amount of funds will flow back to the United States or other safe countries, and the exchange rate of the euro will plummet. , the unemployment rate will increase, the life of enterprises will be more difficult, and there may be a wave of bankruptcies.”
"Everyone who works in the real economy, it is very likely that there will be a decline in profits and layoffs in the future. I believe these are not what you want to see, but these are high-probability events. Maybe some countries will withdraw from the euro Regions, and perhaps some countries will go bankrupt. In short, the whole of Europe will be in chaos, possibly to a level that you can hardly imagine. Even if you don’t think about profits, you should think about your own fixed assets.”
Among the crowd, two people have been writing hard, quickly recording what Zhong Shi said. Naturally, these two are Spanish local reporters who sneaked in. Like their counterparts in Portugal, they just wanted to sneak in to get an exclusive, but who would have thought that they would catch a "whale"? Full of inexplicable excitement, knowing that this trip is definitely worthwhile.
Of course, they don't believe what Zhong Shi said. In their view, this is all exaggeration and alarmist talk to promote their own funds.
"If we end our business here in time and move the funds out, we'll be fine?"
The tall and thin man said with a sneer, "If what you said comes true, I think we just need to close the business here in advance and transfer the funds out. Isn't that to avoid all the risks?"
"At the same time, there is no need to join your so-called fund!"
He had a disdainful expression on his face. Obviously, he was not very satisfied with Zhong Shi's remarks, and he started to sneer.
"I want you to think like this! As long as the funds form a tendency to flee, there is simply no way to stop it, and it will make the situation worse!"
Zhong Shi was so excited that he wished he could make a fist and roar immediately, but he still maintained his superficial calmness, and even pretended to be sighing, and said in a heavy tone, "If this is the case, it is naturally possible. But you But a good opportunity to make money was missed.”
In fact, in Zhong Shi’s heart, what he most wanted to say was: “My fund will not be open to people like you!”
Thanks to the book friends tik_sun, Weiyu, Europe 56, and bookworm 18622 for voting monthly! Thank you, book friend, under the sunshine 123, Zhixinyiyi for your generous reward! At the same time, I would also like to thank the book friend Monthly Ticket Madman for the evaluation votes that have no tickets, as well as the chapter praise of Electromagnetist and Xiaotao 9527! I am very pleased to receive so much support, everyone's support is my biggest motivation, keep going~
(end of this chapter)
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