Chapter 266 The blackest one is the bald eagle!
“What happens if the three major rating agencies downgrade their credit ratings to Greece?”
"How is that possible!"
Arthur looked at Angela and Smith Jama who had an incredible expression because of his own guess, shook their heads and laughed, and continued, "I mean, what if, if such a thing happened?"
“…”
Angela and Smith Jama looked at each other, and Angela said with a serious expression: "It will be a disaster! Not only may Greece go bankrupt, but it may even trigger a debt crisis in other countries. The worst case is spreading to all of Europe."
The more they said, Angela and Smith Jama's faces became more ugly. They also thought of a problem, that is, this may not happen, because the monsters on Wall Street who were already hungry and greedy would not miss this opportunity to sacrifice others to fill their stomachs.
The more you understand the international financial market and the foreign exchange market, the more you have a deeper understanding of the strength of the bald eagle. If the bald eagle really wants to cause trouble, there is no need to fly, just play with money.
wool (口口)!
Angela and Smith Jama thought of a word at the same time. When their faces were solemn, their eyes burst into dazzling brilliance.
"Chance!"
"Boss, this is a great opportunity for us!"
Angela and Smith Jama showed joy and spoke.
"Haha, euro!" Arthur was very satisfied and relieved by the two subordinates' reaction so quickly, and couldn't help but smile happily to reveal the mystery.
"Haha, that's right, it's the euro. If the development of things is really as speculated, after this, the boss and the second acquisition plan will be settled!" Angela's beautiful eyes were full of excitement.
"Indeed, if the European debt crisis really occurs, the already problematic European economy will inevitably suffer a heavy blow. You must know that as the European Economic Integration Organization, the European Central Bank dominates the monetary policy power of various countries, and the euro has its own inherent disadvantages. During economic turmoil, it cannot use policy tools such as currency depreciation, and therefore can only stimulate the economy by borrowing debt and expanding the deficit.
In addition, the high tax, high welfare and high expenditure policies that Europe has always implemented, and the people enjoy the reality that people get it for nothing. For example, Greece's high welfare policy is not based on sustainable fiscal policy. In order to please the people, previous generations blindly increased welfare for the people, resulting in an expansion of the deficit, a surge in public debt, and a questionable ability to repay debt is questioned.
We cannot compete with those Wall Street financial tycoons, but it does not prevent us from making a big profit. The dispute between Europe and the United States is also prominently reflected in the euro issue. As the euro's international status continues to rise, the US dollar's status continues to decline, the euro poses a serious challenge to the US dollar.
If the European debt crisis really breaks out, Wall Street will never miss this opportunity to hit the euro. Under such a big background, it can be predicted that the European debt crisis may spread, and the "American factor" will continue to play a role."
Smith Jama, who has more research on foreign exchange, is directly pointing out the key points, the competition between the euro and the US dollar, and this time, the euro is probably doomed.
"Haha, the blackest one is the bald eagle!" Arthur sighed sincerely, "But we should also thank them for giving us a chance to make money.
Angela, Smith, you two are discussing a plan. Since we have a prediction, we must not miss it. Short Greece and short the euro."
Angela and Smith both had excitement in their eyes. For them, it was undoubtedly exciting to have such a stage for them to show their abilities, not to mention that they could drink some soup with their own boss who could make a lot of money.
Afterwards, the three began to discuss and study the possible European debt crisis. With the analysis and research of one thing, the conclusion that the European debt crisis is a shocking trap of the Bald Eagle becomes clearer.
I won’t talk about the contradiction between the US dollar and the euro, but also the rating agencies. You should know that the world’s mainstream rating agencies are in the United States. This is definitely a good thing for the United States. You can achieve your goal without dancing a sword and swinging an axe.
The previous subprime mortgage crisis hit the credibility of the three major rating agencies, and this time it is likely to use the attack on Greece and even Europe to consolidate the authority of rating agencies. At the same time, as the pioneer of this war, it sounded the clarion call for shorting Europe, attracting international hot money to loot Europe, and lay the foundation for attracting hot money to return to the United States.
The whole world knows that the US financial industry is very developed, and of course the amount of funds is also very large, so wherever the funds flow, it will be rich. In the face of the economic war against the EU, capital flow is indispensable and is also the most effective gun on the battlefield.
At that time, as long as American funds rush into the European debt market and then withdraw at the right time, it can be said that there is a lot of sorrow, especially with the quantitative easing implemented by the United States, it is really ruthless.
Credit downgrade is to increase financing costs, and quantitative easing is to increase capital flows. Of course, everyone also thinks it seems that it is indeed so reasonable. So this is the most cruel side of the bald eagle, which is to make you unable to see it and make you feel reasonable. In fact, the quantitative easing trick here is the most cruel.
It's like the Bald Eagle, the one who issues world currencies, announced to other countries in the world that "you take good care of yourself" and began to open the US dollar, causing the flood of flows. Other countries have to be forced to relax monetary policies to avoid the currency appreciation too quickly. "Are you not afraid of the US dollar falling to death when playing like this?" Arthur asked with a frown.
"Boss, they are not afraid." Angela answered her young boss with a serious expression, "First of all, the hegemony of the US dollar has never changed.
The second is the current world economic structure. Europe is now full of grief and the world economy is slightly weak. Only the United States has been able to recover first, which is just leveraging its power as a strong industrial power, a strong financial power and a trading power, and also taking advantage of this to show its muscles.
If the European debt crisis breaks out, the euro will inevitably plummet. By then, it has fallen for a long time. The US dollar, which has completed the technology bottoming out, will once again become the dominant currency, ensuring the status of the US dollar...
Haha, the Americans are really smart!”
Angela shook her head and sighed with a wry smile, and made Smith Jama on the side nod in agreement and sighed: "They want the whole world to pay for them collectively!"
"Haha, the Bald Eagle is a rogue who cares about his own life and no matter how alive or dead the other country." Arthur couldn't help but chuckled in the face of the sighs of his subordinates.
Chapter completed!