Magnesium's so-called allies are also looking for opportunities to sell U.S. debt. Countries don't seem to be short of money, and I haven't heard of any country's assets collapsing.
In fact, it is very simple, because Dongda is the largest exporting country, and the money it can earn from foreign trade every year has doubled from several hundred billion US dollars in previous years to more than one trillion US dollars.
But despite making so much money, foreign exchange reserves have never soared.
The reason is that the U.S. dollars earned outside are basically not brought back to the country. Instead, after making money outside, they find ways to spend it outside and buy assets as guarantees. For example, Qunxing Group cut off 3 trillion yuan last year, and Fang Hong directly decided to take out 1 trillion yuan.
Trillions of dollars are spent on crazy purchases around the world, such as buying lithium mines at high prices. They are so rich that they have no friends.
In addition to buying assets as collateral, we even directly negotiated with everyone to use RMB for trade. I will lend you US dollars and you will pay me back RMB when the time comes.
Therefore, the core assets of each country are indirectly supported by the big Eastern countries. Of course, the prices have held up, and the assets of each country have not collapsed.
In the past, Amnesia was like a water pump, pumping water around the world every season, artificially creating droughts, and then acquiring core assets from countries around the world at low prices.
But now that Dongda has disposed of the US dollar green paper bills in its hands, and also helped other countries to tide over the difficulties. Ah Mei wanted to artificially create a drought, but Dongda didn't let Ah Mei succeed, and everyone was not too uncomfortable.
The only one who feels so uncomfortable is Ah Mei.
Obviously, Ah Mei himself knows this, so he breaks the defense and asks Dongda why the data of your two departments don't match up? How come there is such an outrageous gap of US$3 trillion?
About an hour later, Fang Hong received a message from Luo Qing'an, and then he temporarily participated in a high-level video conference. The participants included top leaders of several major financial institutions such as Yangyang Bank.
Originally there would not be such a meeting during the Chinese New Year, but Ah Mei felt like he was taking some action at the moment, so he held an impromptu meeting to discuss it, involving finance, macroeconomics and other major issues. Now he basically does it.
Invite Fang Hong to participate in the discussion.
But at this moment, after everyone had spoken, Fang Hong said directly: "I personally think that the era of low interest rates may be over, and Lao Magnesium will probably enter an interest rate hike cycle this year!"
One participant was slightly surprised: "So fast?"
You know, Amnesia just started unlimited quantitative easing last year, and its profits were directly reduced to zero. In just one year, interest rates are about to be raised?
Fang Hong said with a smile: "There is no other way. If he doesn't raise interest rates, global capital will flow to us. Now they don't have many cards in their hands. Raising interest rates is one of them. Through short-term
Violently raising interest rates will destabilize the economies of various countries as much as possible to reap the benefits."
After a while, Fang Hong added: "From Lao Mei's point of view, now is definitely not a suitable interest rate hike cycle, but without waiting for Lao Mei, he can't wait and can only be forced to raise interest rates in advance."
The participants present couldn't help but nodded.
Fang Hong was thinking about the memory information from his previous life. The Federal Reserve began to enter the stage of violent interest rate hikes in March 2022, and raised interest rates 11 times in just about two years.
As for the current situation, from Amélica's perspective, the difficulties and crises they face now are much more serious than those in Fang Hong's previous life.
In other words, the more things go smoothly for Dongda now, the more things go wrong for Ah Mei.
Fang Hong estimates that Ah Mei cannot afford to wait until next year to raise interest rates, and many things are accelerating. The Federal Reserve is likely to announce the entry of an interest rate hike cycle in the first quarter of this year, and it is not ruled out that Da Mao and Er Mao will also fight in advance.
Because the effect of a simple rate increase will not be too obvious. Now is the time when strong medicine is needed. To raise the rate, it is obviously necessary to use a combination of punches. Fang Hongguo will probably touch Amnesia.
In conjunction with the action of raising interest rates to create hot spots and turmoil around the world, the answer obviously points to the fight between Da Mao and Er Mao.
Only in this way can capital from various countries, especially European capital, be encouraged to flee and seek financial safety in Beijing.
Ah Mei on the Asia-Pacific side definitely doesn't dare to play with fire. At most, it's just a show-off, and they don't dare to do it for real. Otherwise, they wouldn't have waited until now.
Alas, the meat in those parts of Africa is too small, so the only way to eat enough is to harvest geese or geese, so once it is determined to raise interest rates, Ah Mei will definitely provoke a goose-wu rebellion.
After the video conference, the result of the discussion was that if Ah Mei wanted to raise interest rates, they would not follow suit and would cut interest rates or even depreciate the RMB if necessary.
In short, expect management should be done in advance, and this temporary meeting itself is doing expect management.
…
As time goes by, the Spring Festival holiday comes to an end.
Time comes to Thursday, February 18, and the A-share market ushered in the first trading day of the Year of the Ox after the Spring Festival.
A series of major good news came out during the Spring Festival holiday. When the SGX market opened in the morning, the SGX 50 Index opened sharply higher and hit a record high. The call auction opened 2.08% higher at 11851.01 points.
The Shanghai and Shenzhen stock markets that opened next door also opened significantly higher. The Shanghai Composite Index opened 1.81% higher, directly reaching the 3,700-point mark, and the Shenzhen Component Index opened 1.97% higher, directly reaching the 16,000-point mark, both of which were new highs.
The trend is open.
However, the three major A-share indexes opened higher and moved lower in early trading. In particular, the two neighboring cities plunged as soon as they opened at 9:30. The Shenzhen Component Index even plunged and turned green an hour later, once turning down by more than 1.5 percentage points.
At this moment, investors have not yet realized that today’s highest intraday prices in the two neighboring markets were historical cosmic tops.
It opened high and moved low in the morning, which obviously opened too high. In addition, the sentiment was too consistent, which led to the weakening of the extremely strong pattern on the market.
At around 12 o'clock, the NSE 50 index also fluctuated and fell all the way down to the zero axis. Not only did it cover the huge gap that opened high today, it also turned slightly green for a while.
However, after the zero axis consolidated and fluctuated for about half an hour, the NSE 50 index began to move upward, gradually increasing in volume and fluctuating higher. It strengthened further in the afternoon. Although the two neighboring cities followed suit, they were obviously unable to do so.
At 14:47 in late trading, the NSE 50 index expanded to 2 percentage points and broke through the early high.
As of the close, the SGX 50 Index closed up 2.18% to 11,862.32 points. The closing price was the highest price of the day. The SGX market's full-day turnover also increased significantly to 2,032.6 billion, an increase of 371.6 billion from the previous trading day.
of energy.
The NSE 50 Index has experienced four consecutive positive days. Today’s positive line is in the shape of a “T” with a long lower shadow.
The next day, Friday, February 19, the NSE 50 Index closed in the positive line again, rising in volume and reaching new highs for five consecutive days, reaching the 12,000-point mark. The intraday high reached a new high of 12,057.88 points.
The SGX 50 Index closed up 1.18% after the market closed at 12,002.23 points. The SGX market's volume throughout the day was further enlarged, with transaction volume reaching 2,105.8 billion.
After the weekend weekend, on Monday, February 22, the New Securities 50 Index opened slightly higher, but it opened higher and moved lower today, falling on heavy volume. The 12,000-point mark only lasted one day before falling.
The SGX 50 Index closed down -1.78% after the market closed at 11,788.40 points, but today's trading volume set a new record for the largest single-day trading volume in history, with the SGX market hitting a volume of 2.32 trillion.
