Chapter 827 Begins to rescue the market

Li Jin was very happy.

Fortunately, Huo Huanyu came to remind him at the right time.

This allowed him to avoid a long series of nonsense and capture the core message.

"Is the United States going to rescue the market?" Huo Huanyu turned to ask Li Jin.

Regarding economic sensitivity, Huo Huanyu knew very well that a hundred of him stacked together would not be as good as one of Li Jin's leg hairs, so he simply didn't think about it and asked directly.

"It's a very strong signal, and the attitude is very tough."

Li Jin narrowed his eyes with a serious expression.

He knew that it was impossible for U.S. officials not to rescue the market.

But the specific time and method of rescuing the market are already somewhat vague in my memory from my previous life.

So what Greenspan has to say next should be very important.

"Let's take a look first. He should announce a series of plans soon."

Sure enough, Greenspan on TV did not let Li Jin and Huo Huanyu wait too long and directly announced a series of rescue plans.

Preferential policies such as relaxing taxes and fees to stimulate real enterprises have little to do with Li Jin, and he doesn't pay much attention to them.

What really caught Li Jin's attention were two measures.

"Improving the review standards and requirements for foreign personnel and institutions to enter the U.S. stock market."

"Comprehensively lower the benchmark loan interest rate and the reserve interest rate of financial institutions by 0 percentage points each."

Although Huo Huanyu doesn't know much about macroeconomics, he also realizes that these two policies have a crucial impact on the current situation.

"What does this old man mean?"

Huo Huanyu followed the good tradition of asking questions when he didn't understand anything. He turned to glare at Li Jin and asked.

Li Jin also breathed a sigh of relief when he saw that Greenspan started to talk about something else. It seemed that there was nothing useful left.

"It's okay, it's not as strong as I thought."

After saying that, seeing Huo Huanyu's anxious look, Li Jin turned to explain to him.

"The literal meaning is easy to understand. The first one is to start controlling the amount of foreign capital entering the U.S. stock market. This is inevitable. Although the means are rogue, there is nothing wrong with using extraordinary measures in extraordinary times like this."

"As for the second item, the reduction of loan interest and deposit interest, especially the reduction of deposit interest, is to release social deposits. When people find that money deposited in banks does not earn interest, they will naturally seek new investment channels. The stock market is Their best option.”

"It's just a 0 percentage point reduction once, which is a bit harsh."

Li Jin remembered that in his previous life, the reason why this incident did not have a significant impact on the US economy was because the series of rescue plans were very sound and timely.

But there are also some twists and turns.

For example, U.S. officials and the Federal Reserve mistakenly underestimated the impact of this incident on the U.S. economy at the beginning, so that the storm lasted for nearly a week before coming up with a more powerful rescue plan.

That is to directly use national reserves to enter the market.

But Li Jin did forget the specific number and how it came in.

It seems that this life will be similar.

"Will it affect our money making?" Huo Huanyu is most concerned about this.

"Definitely."

Li Jin's answer made Huo Huanyu's face suddenly fall.

"But it's not that serious. It's just that the efficiency has dropped a little. We'll know when the market opens tomorrow." Li Jin comforted Huo Huanyu.

The sky was getting brighter again, and Li Jin, who had stayed up for two consecutive nights, had not slept for nearly 70 hours.

After sending Huo Huanyu away, Li Jin couldn't stand it any longer and got up and went to the lounge to sleep.

Su Wanqing came once in the middle, but when she saw Li Jin sleeping deeply, she immediately left quietly.

He also ordered the people outside not to disturb Li Jin's rest no matter who came.

While Li Jin was sleeping, there was another person who had not slept for several days but couldn't sleep.

"Damn, that's it!?"

Xu Heng had a sinister expression on his face, staring at the TV that had finished the live news broadcast, furious.

He has gritted his teeth and held on for the past few days. Why? Just to hold on until the U.S. rescue plan is announced.

But now the rescue plan is coming, but it is not as strong as expected.

He was a little restless at the moment.

I don't know if it was because he hadn't slept for several days, but Xu Heng was now extremely irritable and irritable, especially the unfavorable situation in the stock market, which made him even more irritable.

After thinking about it, Xu Heng suppressed his inner uneasiness and boredom and called his father, Xu Chongshan.

"Father, do you have any news about what's going on in the United States?" Xu Heng asked straight to the point.

"Hasn't the rescue plan been announced?" Xu Chongshan said calmly.

"But with such intensity, what's the use?" Xu Heng said dissatisfied.

"Officials have official considerations when doing things. They have to consider the overall situation and cannot make a plan for you. Do you understand?" Xu Chongshan said solemnly.

Xu Heng was still a little unwilling and said: "But such a rescue plan will only alleviate the current situation at most, and it will not have much effect at all."

"You have to know that no matter how strong the United States is, it cannot fight against the whole world. The interactions between countries are the same as the interactions between people. They must follow one basic rule."

"This time, raising the entry threshold for foreign investment is already a very risky move, otherwise it is likely to cause a series of diplomatic backlash... You don't need to know too much about these things. In short, as far as the current situation is concerned, This plan is just right.”

Xu Heng gritted his teeth and looked gloomy.

In this silence, Xu Chongshan suddenly asked: "You and Li Jin are fighting, how much did you lose?"

Xu Heng was shocked and said hurriedly: "No, not much."

"How long has it been since you answered my question in such a panic?" Xu Chongshan asked coldly.

Xu Heng sighed and replied honestly: "The current estimate is about 12 billion US dollars. This is still my personal loss."

Even Xu Chongshan's breathing was a bit heavy at the moment.

"You make me very disappointed."

After a long time, Xu Chongshan's voice came over.

"Dad, it's not my fault. I was about to kill Li Jin completely, but God help him. I really doubt that this incident was planned by Li Jin and those terrorists!" Xu Heng said angrily. .

"Confused!" Xu Chongshan yelled.

"If you lose, you lose. Is there any point in looking for excuses? Can it change the fact that you lost?"

Xu Heng said unconvinced: "I haven't lost yet! I'm just at a disadvantage temporarily!"

"Then do what you think you should do. Don't come to me crying like a kid who lost a fight. The Xu family doesn't need such useless offspring." Xu Chongshan said in a cold tone.

Xu Heng gritted his teeth and said coldly: "Whatever it takes?"

"In this world, whether the means are bright or not, the final winner will always be judged."