Chapter 867: The Financial Market That Continues to Panic
Austin was going to school, and after reuniting with her sister, she left.
Taylor couldn't go to record today, and in the face of the little beauty and wife who was a new wife, Xiao Qi naturally stayed in the apartment to accompany her.
Don't look at the beautiful and pure girl who has become a veritable big star, but when facing Xiao Qi, she is still the cute little girl she was back then, and she is very delicate and tired.
In addition to being crooked, she also deliberately played and sang her new song to Xiao Qi.
Xiao Qi heard several well-known songs in it, and generally speaking, the songs that can be remembered by him should be very popular, and it seems that Taylor's second album and single to be released next should also be brilliant achievements.
Oh no, probably more than that.
Because in the previous life in 2007, although Taylor's songs were very good and highly sung, they did not reach the current height.
Not to mention that Taylor's songs ranked higher on the public trust charts than in her previous life, just saying that the two dozen commercials she shot for Fairy Company, using the popularity of DreamPad, was enough for her to gain the reputation of a little diva in advertising, and her popularity soared.
Yes.
The first round of advertising for Fairy Inc. Taylor Jr. shot 15.
But Xiao Qi's money is not blown by the wind, once DreamPad became famous all over the world, he immediately reduced the dependence of advertising on big stars, although the intensity of advertising has not decreased, but it is mainly to promote DreamPad itself, so that the cost has been reduced by at least half.
Of course, for the people Xiao Qi cares about...... Well, that is, Taylor, Qiao Guoer and Feng Kexin, although their advertisements have also been cut in half, they still occupy positions on TV from time to time.
There are new rules in the new century.
As a star, the most important thing is not your acting skills, character and ability. It's exposure.
As long as there is exposure, regardless of whether it is haode or bad, it can make a person famous in a short period of time, so as to obtain various benefits.
For example, the beautiful first car model, such as the sister Lulu, doesn't rely on her own bottomless hype. Do you make a lot of money?
Therefore, Taylor has such a high exposure rate, and the more young people know her, which means that her potential fan base is getting bigger and bigger.
Take her first self-titled album as an example, the sales in Europe were only a small fire, but as soon as the DreamPad advertisement was broadcast, the total sales in Europe have already exceeded the 3 million mark, which can be called another super high sales volume in the new century after Britney, Avril, and Beyoncé.
When a man and a woman are in love, time is always the easiest to spend. Xiao Qi felt like he hadn't done anything, and the time was in the afternoon.
When he came to the United States, Xiao Qi had a lot to do, and after the little beauty made up for sleep, he began to turn on the TV and computer, and quickly started working.
The biggest thing in the past two days is naturally the outbreak of subordinated debt.
In fact, subordinated debt did not sweep the whole of the United States in the beginning. Even the destruction of the entire real estate industry in the United States is so exaggerated, including these two days. It's just a panic among small and medium-sized investors.
To put it simply, Fannie Mae and Freddie Mac, the two major mortgage giants in the United States, are still very strong, and as long as they don't fall, the impact of subprime debt will not spread from the financial markets to the actual real estate market.
However, not falling now does not mean not falling in the future.
As a direct creator and reseller of subordinated debt. The two supergiants are too involved, as long as people in the industry know that they will definitely not be able to escape, as long as they continue to develop, the next step will definitely involve Fannie Mae and Freddie Mac.
Chinese people may not know what Fannie Mae and Freddie Mac are.
But just remember. In 2007, the amount of mortgage-backed securities or bonds guaranteed by these two mortgage companies reached $3 trillion, accounting for 16% of the total value of U.S. bonds in circulation.
When it comes to Fannie Mae and Freddie Mac, the relationship with New Century Financial Corporation is actually very easy to understand.
Fannie Mae and Freddie Mac were responsible for lending the money to New Century Finance, which then took the loan and lent it to the individuals who applied for the loan.
In fact, Fannie Mae was originally an agency of the U.S. government, but later the government agency was changed. But it has always been funded by the federal government, and it can be regarded as a state-owned enterprise that is not a US state-owned enterprise.
In the seventies and eighties, in order to prevent Fannie Mae from becoming dominant and forming a monopoly, the U.S. Congress once again set up another agency with the same function, that is, Freddie Mac, so that the two of them could fight against each other and check and balance each other.
But whether it is Fannie Mae or Freddie Mac, most of their funding sources come from federal finances, and it can also be said that the U.S. government is lending money to ordinary people to buy houses, rather than ordinary banking institutions.
So you can think of them as in the real estate industry. Central Bank.
You think about it, in. If the central banks have all collapsed, it is equivalent to the collapse of the four major commercial banks of China in China, the real estate business, the housing loan market will be completely finished, and the US stock market will be almost finished.
Ordinary investors don't know this, but where do they dare to stay in the market, and all kinds of subordinated bonds and junk bonds that were not sold out yesterday are quickly thrown out today.
Throw even if it is a plunge.
It's still worth a little money if you throw it out, and if you don't throw it out, it's really waste paper.
The psychology of the people is so unpressed.
At present, when the large and medium-sized investment banks in the United States are still looking at what to do, they take the lead in panicking, which is often interpreted as "irrational panic" in the stock market.
It is precisely because of this panic mentality that the three major U.S. stock indexes on April 3 plunged across the board again, hitting the largest intraday decline in 11 years at noon, with an average of 3.5%.
Judging from the future generations, the two-day plunge is nothing at all, and the financial ice age that will last for several years will be the most sad and painful.
But the fact is that the United States has not been so panicked for a long time, and the very uncomfortable feeling of panic will have to spread for a few more days.
It is not the Americans who are miserable, but the banks and institutions that have bought the subordinated debt of the United States are simply dumbfounded.
The real estate in the United States has been booming for so many years, and the Federal Reserve and the US government are so strong, how can they suddenly let the subprime debt enter such a big crisis?
They wanted to sell the order immediately, but when Goldman Sachs sold them a portfolio of bonds, it had already secretly made a black hand, so that they had no way to sell it at the first time, and if they did, the loss would be more than two-thirds.
All right.
If these foreign banks and institutional investors really sell desperately, they can still get back about 33%.
But even if they are immortals, they can't judge that Zuihou not only has to lose all of them, but also has to pay dozens or even hundreds of times the money in turn!
So they decided after active research, wait a minute, don't be in a hurry.
That's the magic of short selling!
It can make people earn a huge amount of wealth at a very small price, but it can also make people lose unimaginable funds!
Goldman Sachs' financiers are worthy of being good at cheating, and they have long taken into account the mentality of these investors, so they always keep a little hope in the layers of fortification and lure.
Investors will only find out that they have lost so much when they arrive at Zuihou, which is simply unbearable!
The experts of these banks and institutions are not unintelligent, but they have met the smartest people in the financial field such as Goldman Sachs and Morgan, so they cannot escape the palm of these devils.
In this way, it is also the reason why Weishenme reached the peak of the financial crisis, and all Shijie was supporting the "Occupy Wall Street" movement in the United States.
More than 80% of the employees in the financial industry are eager to pull the lamp Uncle and fly the plane again to crash the entire Wall Street!
The greedy devil deserves to be punished!! (To be continued......)