Chapter 2259 Bells and others fell deep
"Gudong~~~~"
He Chaoling swallowed her saliva.
Cut interest rates to 0?
Doesn’t that mean that you only need to pay the principal to buy a house, and you don’t have to pay a penny in interest on your deposit?
"Is the foundation really not afraid that inflation will cause public outrage? The Chinese have the legal right to own guns!" He Chaoling said tremblingly.
"With the military god Hannibal here at the Foundation, it shouldn't be a problem for them to calm the situation down for a short period of time."
"He wants to play short-term with me, play me to death, and then find a way to control inflation."
"As for the common people of the hegemony you mentioned, haha, they are just fish on the chopping board."
"Capitalists never care about the lives of ordinary people."
Chen Mo smiled.
He Chaoling: "Then should we follow up and hedge now?"
Chen Mo: "Don't worry, there should be more good news than just this one."
As soon as she finished speaking, He Chaoling received news again.
"Bells and other companies announced that they have received assistance from the Federal Reserve and Morgan Stanley. The darkest moment of the housing market is over!"
He Chaoling's eyes widened: "Bells is alive?!"
The subprime mortgage crisis was triggered by moments like Bales'.
If Bales and others were alive again, then it would not be unreasonable to say that this crisis is half resolved.
Once confidence returns, it will be difficult for Chen Mo to engage in short-term operations.
"It's so difficult! I thought the situation was stable, but I didn't expect to be back to the starting point again." He Chaoling couldn't help but sigh.
Chen Mo also couldn't help but sigh that the foundation was too strong.
And it's inhumane enough.
Once inflation picks up, the unemployment rate will rise rapidly and the death rate will also skyrocket.
The Foundation is willing to risk making life difficult for the people of Ba Guo, even risking their lives, in order to protect its own interests. It can be said that it is extremely inhumane.
"Boss, the ABX index has risen by 10 points in a short while. Market confidence seems to be recovering soon. What should we do? Should we add funds to short sell?" Han Li asked anxiously.
"Wait for me for a moment, my people should be ready soon." Chen Mo said.
"What's been done?" Han Li asked puzzledly.
"Companies like Bells." Chen Mo said with a smile, "Since the Foundation wants to use Bells and other companies to its advantage, I can also turn this biggest advantage into the biggest disadvantage."
"It's a good thing that confidence has been restored temporarily. After falling from heaven to hell, it will be twice as difficult to climb up again."
He Chaoling was surprised and said, "Boss, they are determined to help Bells and others, can you stop them?"
Chen Mo shrugged: "I can't stop them, but they can."
He Chaoling's mouth twitched: "One of our own?"
Chen Mo: "Let me tell you a story.
Have you ever heard of a submarine falling deep?
The so-called submarine falling deep is like a person suddenly falling off a cliff, because the density of different waters in the ocean is different.
A submarine in our Daxia encountered the nightmare of falling into depth. The submarine was diving at a depth of about 100 meters. After encountering a sea cliff, it fell below 3 meters in about 200 minutes.
You must know that the safe operating range of this submarine is only above 240 meters. If there is any hesitation within these three minutes, the submarine will have no chance of survival and will fall into the sea forever. "
"Although various rescue measures were taken in a timely manner, there was still a damage control accident in the fifth cabin, and seawater quickly poured into the cabin, posing the risk of electrical short circuit and cabin fire at any time.
Once a fire breaks out, all instruments will malfunction and there may even be an internal explosion. People will die without even falling.
The three soldiers on duty on the submarine at that time walked into cabin five without any hesitation, closed the hatch, and adopted measures to seal the cabin and stop the leak, thus preventing the possibility of seawater spreading throughout the submarine.
Relying on the training they had memorized while blindfolded, they completed all the damage control and remedial operations with their eyes closed under the strong water mist and splashes.
In just 180 seconds, dozens of commands, hundreds of actions, and without a single mistake, a serious danger was averted! "
Chen Mo paused for a moment, looking very proud and excited:
"The mortality rate for falling deep is 99%, and the mortality rate for falling deep before this time was 100%. This means that the three Daxia soldiers did not intend to survive at that moment, but wanted their comrades to survive."
"And now, Bells and others are like a submarine that has fallen into the depths. Do you think his teammates will sacrifice themselves to save him like our soldiers did?"
"Or, do you think Bells and others are willing to sacrifice themselves to help their comrades?"
He Chaoling shook her head without even thinking: "There are definitely people in the world who have this spirit of sacrifice, besides the people of Daxia, but this spirit will never appear in the capitalists of the hegemonic countries!"
Chen Mo nodded in satisfaction: "Not only that, whether it's Bell or the Fed, they are all calculating against each other, and no one is willing to give in and sacrifice themselves."
"As long as we make good use of this, it won't be difficult to bankrupt Bells and others."
……
……
the other side.
In the headquarters building of Bells and other companies, the office area on the sixth floor was in chaos.
In fact, the aid plan has not been finalized yet, and no agreement has been signed, but the foundation couldn't wait to ask Bells and others to issue an announcement.
Everyone was excited about the good news that the Federal Reserve agreed to provide emergency loans to companies, but the excitement was soon drowned out by the anxiety and tension about how to organize the wording of the announcement.
Bears and others certainly want the news release to sound as positive as possible, as if the company is able to continue operating as normal. They also want the release to give the impression that if things go wrong, Morgan Chase will buy Bears and others.
However, there are different views on the extent to which Bales and others will discuss aid with other parties, as these aid negotiations are still in the early stages.
The focus of their dispute is the maturity of the Fed loan.
Officials and Morgan Stanley recommended that the loan period be 28 days, which would be enough time for Bear Stearns to survive and give the outside world the impression that the company was still safe.
However, Bear Stearns CEO James Ken wanted to limit the period to "at least 28 days" to provide more flexibility, but the lenders stood their ground and told Bear Stearns that the loan period could only be a maximum of 28 days.
In fact, all parties have ulterior motives.
Obviously, James had no intention of repaying the money in the short term. He knew that the foundation would not dare to let Bells and others go bankrupt, so he was fearless.
But the Federal Reserve and Morgan Stanley are unwilling to take such a big risk.
After all, Bear St. is the fifth largest investment bank in the country, and the total amount of subprime mortgages and CDOs under its name should be huge.
So even though the announcement had been made for three hours, the parties were still in a tense negotiation, no one was willing to take a step back, no one was willing to sacrifice even a little bit of their own interests for the sake of the hegemony as a whole...
