"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 varying proportions, but there is one exception."
Li Jin, who was listening to Jack Chen's report while walking, smiled and said, "It's us China, right?"
"Mr. Li, you are really amazing." Jack Chen 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 industry and tool in stimulating domestic demand and GDP growth. This is already certain."
"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 can we say it is one of the troika of the national economy."
"The domestic market has just started not long ago and is far from saturated. In addition, the urbanization process has been written into the five-year plan outline. No one can overturn this. No matter how foreign the situation changes, it will not affect us.
The rice bowl of the common people on the domestic dining table.”
Looking back on the past life, the subprime mortgage crisis caused by real estate in the United States was in 2007 and 2008. At that time, domestic real estate was the hottest time, and the domestic real estate tycoons were not even shocked by the hair on their buttocks.
, in this life, there will naturally be no difference.
"Tell me some other useful news." Li Jin said.
"The Federal Reserve Bank has just issued an announcement stating that it will comprehensively review all credit loans and real estate loan products within the United States, step up efforts to reduce the limits of these two loans, and at the same time impose corporate sanctions on some violations."
"Well, this is a good thing, but I'm afraid a bunch of American capitalists will be punished to the point of bankruptcy, but that's not a big problem. The wool comes from the sheep, so it's time to kill those capitalists, otherwise where will the money come from to bail out the market."
Li Jin chuckled.
“In addition, the Federal Reserve Bank announced its second interest rate hike this fiscal year. This time the rate increase is larger than before. It has only been less than half a month since the first rate increase. This can be regarded as breaking a historical record.
"Jack Chen continued to report.
Li Jin paused: "It is reasonable. The subprime mortgage crisis is right in front of us and will completely break out at any time. Of course, the Federal Reserve and the Central Bank must turn the people's deposits into hot money, otherwise everyone will deposit their money in banks. Banks'
There will be more pressure.”
"At the same time, the rolling of social capital will also offset some of the negative impacts of the financial crisis, which is complementary to the interest rate hike policy," Li Jin continued.
Just after Li Jin finished speaking, Wei Yan hurried over and said seriously: "Mr. Li, the latest news is that the Federal Reserve and the Central Bank will conduct a bottom-up purchase of debt in the secondary market, with a conversion rate of 0.35, and it will be implemented immediately after the market opens today."
"How much is the amount?" Jack Chen asked extremely keenly.
"We don't know yet." Wei Yan looked confused.
"This is the Federal Reserve and the Central Bank trying to rescue the market." Jack Chen said flatly.
"300 billion U.S. dollars." Li Jin said softly, "And it will only be more, not less. They will be ready to invest more money at any time."
Jack Chen and Wei Yan looked at each other, and then Jack Chen said softly: "Mr. Li, this will put us under a lot of pressure."
"It's more than just big."
Li Jin sighed and said: "The flood is flooding and it is out of control."
Although the Development Bank's "guards" are behind the scenes, there is one most basic concept that cannot be confused.
That is, even the "Forest Guards" are not strong enough to fight against the Federal Reserve and the Central Bank.
Therefore, how Li Jin uses the power of the "Royal Forest Army" and where to use it is a science.
If you don't use it well, you'll just drag the "Forest Guards" into the water in vain. If you use it well, it may be a wonderful move.
However, Li Jin did not have his own methods for this.