Chapter 2035
"Mr. Li, yesterday's fluctuations in the secondary market have completely radiated and affected the global economic market. The real estate sector and trust assets of major trading centers around the world have shrunk in different proportions, but there is one exception."
Li Jin, who listened to Chen Jack's report while walking, smiled and said, "It's our China?"
"Mr. Li, you are so amazing." Chen Jack said with a thumbs up.
Li Jin smiled and continued: "Our domestic real estate industry has just started. In the future, it will assume the most important industries and tools to drive domestic demand and GDP growth. This is confirmed."
"Looking at the development history of all developed countries at home and abroad, the real estate industry has played an important role in the stage of economic take-off. Otherwise, how could it be one of the three pillars of the national economy?"
"The domestic market has only started for a short time, and it is far from saturated. In addition, the urbanization process has been written into the five-year plan outline. No one can overturn this point. No matter how changing the foreign situation is, it will not affect the jobs of the people on our own domestic dining table."
Looking back on my previous life, the subprime mortgage crisis caused by real estate in the United States was in 2007 and 2008. At that time, it was the hottest time in China's real estate. Domestic real estate tycoons didn't even get any hair on their butts, so there would naturally be no difference in this life.
"Speak some other useful news." Li Jin said.
"The central bank has just issued an announcement saying that it will comprehensively review all credit loans and real estate loan products in the US federal government, speed up the contraction of the two loans, and at the same time impose corporate sanctions on some violations."
"Well, this is a good thing, but a group of American capitalists may be punished to be bankrupt. But the problem is not big. The wool comes from the sheep, and it is time to slaughter those capitalists, otherwise where will the money come from to save the market?" Li Jin chuckled.
"In addition, the Fed Central Bank announced the second interest rate hike this fiscal year, and the rate hike this time is even larger than before. It has only been less than half a month since the first rate hike, which is a historical record." Chen Jack continued to report.
Li Jin paused: "It's reasonable. The subprime mortgage crisis is right in front of you and will completely break out at any time. Of course, the Fed and the central bank must turn the deposits of the whole people into hot money. Otherwise, everyone will put money in the bank and the pressure on the bank will be greater."
"At the same time, the rolling of social capital will also offset the negative impact of some financial storms, which is complementary to the interest rate hike policy." Li Jin continued.
After Li Jin finished speaking, Wei Yan hurried over and said with a serious expression: "Mr. Li, the latest news is that the central bank will make a bottom-line acquisition of debts in the secondary market, with a conversion rate of 0.35, and will be implemented immediately after the opening of today."
"How much is the amount?" Chen Jack asked extremely keenly.
"I don't know yet." Wei Yan looked puzzled.
"This is the Fed's central bank is going to rescue the market." Chen Jack said decisively.
"300 billion US dollars." Li Jin said softly, "and it will only be more, not less. They will be ready to invest more money at any time."
Chen Jack and Wei Yan looked at each other, and then Chen Jack whispered: "Mr. Li, this will cause us to be under great pressure."
“It’s more than just big.”
Li Jin sighed and said, "The flood is flooding and it's out of control."
Although there is a "Imperial Guard" guarantee from the Development Bank, there is a most basic concept here that cannot be confused.
That is, even if it is the "Imperial Guard", it is not enough to fight the Fed and the Central Bank.
Therefore, how Li Jin used the power of the "Imperial Guard" and where it was used is a science.
If you can't use it well, you just pull the "Imperial Guard" into the water for nothing. If you use it well, it may be a magic trick.
However, Li Jin did not have his own way of doing this.
Chapter completed!