The Millennium Semiconductor Survival Guide.

Chapter 355 Financial Crisis
Zhou Xin's arrival has changed a lot, but not much has changed either. Because the impact of the financial crisis is more profound than originally, there is no suspense that the winner of the previous term will lose in this election.

The Elephant Party had no room to fight back before the Donkey Party took over the White House. Obama entered November and successfully became the new owner of the White House without any suspense.

For Zhou Xin, it is not difficult to place a bet based on the answer. After Obama comes to power, he can also obtain corresponding political benefits from it.

Political donations are not free, and this should be Zhou Xin's last bet. When the next election comes, if he wants to bet, others may not dare to accept it.

Not long after Obama took office, NewPay's acquisition of a large regional bank, Amerikan, was quickly approved. When the crisis is over, the potential revenue for NewPay will not be less than US$300 billion.

Originally, only the traditional forces of Wall Street could get their hands on the cake. NewPay also successfully got a piece of the pie through speculation.

Now is not a good time because we have not yet reached the peak of the crisis and the prices of many assets are not at their lowest point.

During the financial crisis in 1992, 181 banks in the United States went bankrupt. Bank failures were commonplace. Last year, there were only 3 banks. So far this year, only 25 banks have gone bankrupt. These banks are not so delicious cakes.

If NewPay is willing to wait, 106 banks in the United States will go bankrupt next year, setting a 30-year record.

But Zhou Xin didn’t know these data, and NewPay’s executives all thought it was good to get a share of the cake now.

This shows that if you are not an industry insider, even if you are reborn, you can only remember landmark events and buy at relatively low levels, but you cannot buy at the lowest point.

After NewPay acquired Douglas National Bank, the last missing piece of the puzzle for NewPay was completed.

"Boss, after the completion of this merger, NewPay has the ability to compete with Goldman Sachs and Morgan Stanley." Warren Johnson said with emotion.

He also has new ideas. As the CEO of emerging investments, his salary is high, and the people he comes into contact with are very good. They are either Wall Street executives, meat eaters in Washington, or upstarts in Silicon Valley. This kind of life is great.

Zhou Xin will tell him what the big trend is before he has to make a decision. He maintains a group of top investment managers for emerging investments. They know the big trend and the approximate time of the financial crisis, which is enough for them to make excess profits.

Not to mention, Zhou Xin will also talk about some specific strategies.

With status, money, and ease, it is simply a magical job for ordinary people, but Warren Jensen, who has watched NewPay develop, is obviously not satisfied with this.

He has been working as the CEO of emerging investments for too long and is tired of this job. He wants new opportunities and wants to show off his skills in a new position.

As an emerging investment CEO, no matter how good the job is, it is still a watchdog job.

Yes, he is targeting NewPay. He is the second CEO of NewPay. He went to emerging investments before giving up his position to Peter Thiel.

If he doesn't leave, this position will still be his.

NewPay, a monopoly of electronic payments and a full-financial license holder, has business all over the world. It is the electronic payment institution with the largest market share in more than 80.00% of the countries in the world. It has control over Neon, Amerikan and Maple Leaf countries. Own at least one medium-sized bank.

Warren Johnson wants to return to NewPay, and such a top financial institution is his next target.

If you want to return to NewPay, you can only get support from Zhou Xin.

Zhou Xin had no emotional fluctuations after listening to it. The excitement it brought him was not as exciting as the package acquisition plan reached by Xinxin and Sumitomo Chemical.

This is mainly because Zhou Xin has always been prepared for NewPay to be taken over. No matter how well NewPay develops, control will be taken away by others in the future.

Although control has been taken away, he is still the founder of NewPay. As a founder and a shareholder, normally he will have a say.

But the situation Zhou Xin faces is different. Washington can take NewPay away from him through administrative means. If he dares not go to Amerikan, his right to speak will be lost sooner or later.

After Bill Gates left Microsoft, he liquidated most of his Microsoft stock. Others in Amerikan did not have much power over Microsoft and were considered mascots at best.

Then let alone Zhou Xin.

Precisely because NewPay is a behemoth, Zhou Xin needs to be prepared to lose it in advance. He can already look at the development of NewPay calmly and objectively.

"Douglas National Bank, as I mentioned in Peter's email to me before, is a bank mainly operating in Missouri, but they have licenses across North America including the Maple Leaf International Exhibition Industry. They were ranked first on his list of acquisitions. Bank of.

It looks like the White House is giving us a nice piece of cake. "

As Zhou Xin's trader at Amerikan, Warren Johnson is well aware of how much political donations Zhou Xin made to Obama and the Donkey Party through various means.

Because political donations in the general election must be announced, on the surface, Zhou Xin only donated 1000 million US dollars to Obama. This number is nothing. Many Wall Street financial tycoons have donated 2000 million US dollars.

But Zhou Xin not only gave Obama money openly through various shells, but the total amount was 3000 million U.S. dollars. If you include the money from emerging investments and NewPay, it was already more than 5000 million U.S. dollars. Already Entering the top three ranks.

Warren Johnson, as the actual trader, takes this as a natural exchange of interests:
"Boss, this is a deal, we help Obama get what he wants, and he needs to help us get what we want.

To be honest, I think he didn't give enough. If it weren't for our vigilance against Chinese capital, we could have offered a higher price than Bank of America.

Merrill Lynch should be acquired by Emerging Investments. "

The bankruptcy of Lehman Brothers was a landmark event in the financial crisis, and the acquisition of Merrill Lynch was also a landmark event.

Merrill Lynch is one of the world's most famous securities retailers and investment banks, and its status is no worse than Goldman Sachs.

But due to huge losses during the financial crisis, they were acquired by Bank of America for $500 billion in cash.

Emerging companies can't afford so much cash, but Bank of America can't either. They can afford so much cash only because the Ministry of Finance has provided Bank of America with up to 450 billion U.S. dollars in funding and debt guarantees, which is equivalent to Bank of America itself only needing to pay 50 billion. One hundred million U.S. dollars.

This amount of money can be fully spent on emerging investments.You must know that Merrill Lynch owns half of BlackRock, which later became BlackRock, the world's largest asset management company. Merrill Lynch's total assets under management at this time exceeded US$1 trillion.

"Haha, how could Washington allow Merrill Lynch to be acquired by Chinese people? This is impossible.

People must learn to be content. Being able to acquire Douglas National Bank is enough. "Zhou Xin is very optimistic, because he knows that Merrill Lynch will never get his turn no matter what.

You must know that Merrill Lynch's slogan is "Merrill Lynch is optimistic about America." Such a patriotic slogan is much more upright and popular than Goldman Sachs, which only cares about money.

How could Washington allow such a financial giant to be acquired by the Chinese?This is just like China will not allow Huawei to be acquired by foreign capital.

NewPay's acquisition of Douglas was a surprise to Zhou Xin. He didn't value the size of the bank he acquired. The most important thing was the scale of the business. Douglas's bank license was for nationwide business, and the business scope also included the Maple Leaf Country.

With the support of NewPay, it can achieve the effect of 1 plus 1 being far greater than 2.

Warren Jensen originally wanted to mention that Peter had stayed at NewPay for too long, but he felt that the timing was inappropriate because NewPay had just completed the acquisition of Douglas and was facing the integration of new businesses and expansion of new business territories.

Although Jensen believes that NewPay can acquire Douglas, he takes at least 80.00% of the credit.

"Obama was very thoughtful after he came in. Paulson was not driven away by Obama. According to the information I received, Paulson will still have a place in the new cabinet.

Their previous rescue plan of up to 7000 billion yuan was approved by Obama, and the Elephant Party cannot support it anymore. This plan should pass Congress soon.

We seized the rare window of time and successfully completed the acquisition of Douglas.

In addition, according to news from Washington, the federal government intends to guarantee more than US$3000 billion of Citibank's debt, while also providing Citibank with a US$200 billion subsidy and a US$250 billion credit line.

It can be said that the federal government has exhausted all methods to prevent Citibank from exploding. After receiving the news, we bought US$50 billion in Citibank shares last week in advance. It is expected that after the federal rescue policy is announced, Bringing us more than 30.00% income. " Warren Jensen said.

This is the difference between large banks and small and medium-sized banks. For large banks, governments of various countries will try their best to ensure that they do not collapse, but this is not the case for small and medium-sized banks, because large banks will cause systemic risks.

The same is true in China. If you deposit money in a big bank, the interest rate is a bit lower, but the safety factor is more than one level higher. In the stock era, preserving the principal is the most important thing compared with seeking high returns.

This news is also a way for the Donkey Party to repay Zhou Xin. For example, it convenes an internal meeting with celebrities in the financial field, and then reveals to everyone what the federation plans to do next, and everyone then trades based on the inside information.

It doesn't matter even if this kind of overt operation is exposed. We are just discussing crisis response measures. We are not just discussing this kind of crisis response measure. It's just that the federation chose this one in the end. We didn't discuss it during the internal meeting. I don’t know if the Federation will choose this one.

As for your question about why I can make such a transaction decision based on the next step of federal policy through the process of backward reasoning, the question is about my level and the vision of a master.

Bridgewater Associates, the largest hedge fund in the world in later generations, was recently exposed by the New York Times and said they were a scam.

Dalio, the founder of Bridgewater Associates, wrote a book called "Principles". This book talks about his various trading ideas, but in fact the advantage of Dalio and Bridgewater is that he has established relationships with political figures from various countries. These relationships allow him to know and even influence Washington's decisions, allowing him to make correct trading decisions.

Domestic self-media reports said that Bridgewater Associates is a Ponzi scheme. In fact, the original statement of the New York Times clearly stated that "Bridgewater is not a Ponzi scheme." The author of the New York Times only believed that Bridgewater was a scam. Bridgewater's business strategy and propaganda No, this is false propaganda.

Even top tycoons rely on inside information to make trading strategies.

Including Hillhouse Capital's investment in Longi Green Energy, which suffered a floating loss of 51 billion yuan in three years, and even illegally reduced its holdings because it could not bear the losses, and 15 billion yuan of shares mysteriously disappeared.

"I think sometimes you should not be superstitious about the speeches of big people. They may not necessarily match their words with their deeds." As the CEO of Xinxing Investment and Zhou Xin's representative, Warren Johnson attended the Yanjing International Conference held at the Diaoyutai State Guesthouse in Yanjing. Financial Forum Annual Meeting.

The theme of this forum is "Financial Crisis: Impact on the World and China - Rebuilding a New Order of the International Financial System."

This year, due to the bankruptcy of Lehman Brothers, China held various forums to analyze the financial crisis, including various phenomena in the financial crisis, the food crisis, the stock market crash, the Occupy Wall Street movement, etc.

The National People's Congress, Tsinghua University, NetEase Finance, Sohu Finance, etc., from academia to the media, have all set up forums to discuss the financial crisis. Sohu Finance teamed up with the magazine "Enterprise Management" to specially invite the authors of the currency war to talk about the financial crisis.

In that interview, Song was asked why the prices of gold and silver should have risen after the financial crisis broke out, but why they didn’t.

Song replied that gold and silver themselves are currencies, and falling prices does not mean a drop in demand. Turning large amounts of cash into gold and hoarding gold bars is what the super-rich are doing, and it takes time for demand to be transmitted to prices.

In fact, the trend of gold has been rising since the beginning of the financial crisis in mid-2006, soaring from 560 points to over 2008 points in early 1000.

Then it began to fluctuate violently in 2008. Even the lowest point at the end of 2008 did not fall below 700 points. Song did not understand the trend of the most important precious metals such as gold.

However, it is quite fantasy in itself for an author who writes financial fantasy novels to talk about the financial crisis.

The forum held by Yanjing this time is the largest one with the highest official status.

Wu Shiqiang and Warren Johnson will participate, of which Warren Johnson will only attend on the first day, while Wu Shiqiang will participate in the entire process.

In addition to speaking as a business representative at the opening ceremony, Warren Jensen will also participate in an interview in the afternoon.

During the interview, the host asked him about his views on the financial crisis, and he mentioned not to be superstitious about the speeches of big figures.

“The financial crisis is a crisis for many companies, but it also contains a lot of opportunities. A large number of high-quality assets have fallen into the right position, and a large number of industries are facing reshuffle.

Crisis breeds hope. Winter will always pass and spring will come.

So I think the financial crisis is not terrible. What is terrible is losing confidence in the future. "

　No matter how you write, I still want to use some pen and ink to write about the financial crisis, because this is a landmark event and has changed too much.

　　
　
(End of this chapter)