Chapter 733 The crisis broke out!
Chapter 733: A crisis broke out!
Nan Mufeng shouted in anger, "These trash! When I enjoy my happiness on weekdays, I rush to the top. Now trouble comes, and they run faster than rabbits! If I had known this, it would be better to feed them what I had fed them to them!"
Tang Xiu frowned and said, "Those cowards, I have long said they are useless. They are all mobs! They were scared by the reputation of the Lightning Gang!"
After hearing Tang Xiu's words, Nan Mufeng couldn't help but smile bitterly and said quietly, "But then again, the Lightning Gang is indeed not something that our Qingyun Hall can provoke. Not to mention them, even I am not sure now! If it really doesn't work, just disband Qingyun Hall! Anyway, I have made enough money, enough for me to spend the rest of my life luxuriously!"
"No, the master of the hall, why did you have such an idea? Scar is just a sentence, and you will disband Qingyun Hall obediently. If you spread it, wouldn't it make others laugh and call you a turtle with a shrunk?" Tang Xiu said anxiously when he heard this.
"Do you think I am willing to do this? Qingyun Hall has my lifelong hard work. Dissolving it is like cutting off my heart's flesh! But what can I do now? There are wastes under my hands, and I can't count on them. The Lightning Gang is strong and powerful, and comes with power. You can't let me hold on to an old bone and fight with the Lightning Gang? That is undoubtedly a rock with an egg!" Nan Mufeng said excitedly.
Tang Xiu coughed and said, "Master, don't worry first. We can't deal with the Lightning Gang, but no one can defeat the Lightning Gang invisible. I'll go back to the Tang Sect now and listen to my cousin Tang Yu coming out. I don't believe that Scar can be so arrogant that even my cousin doesn't take it seriously!"
Nan Mufeng was waiting for this sentence from Tang Xiu. When he heard it, he hurriedly grabbed Tang Xiu's arm and asked repeatedly, "Brother, can you really invite the leader of Tang?"
Tang Xiu nodded confidently and said, "Master, don't worry! My cousin has treated me like a brother since he was a child. He will not refuse to save me! As long as I say something, he will definitely come forward!"
"Oh, brother! This is really great! If I can invite the leader of Tang, I believe that I will definitely help me through this crisis in Qingyuntang! Brother, thank you, brother, please give me a bow!" After that, he clasped his fists and bowed to Tang Xiu.
Tang Yu hurriedly helped Nan Mufeng and said repeatedly, "Master, what are you doing? You are really a traitor for brothers!"
"Brother! Qingyuntang is my brother's lifelong hard work. If you can save Qingyuntang, let alone letting your brother bow and kowtow to you, even if you cut off your brother's head, your brother will not be silly!" Nan Mufeng looked at Tang Yu with gratitude and said.
Nan Mufeng said this, which made Tang Yu even more passionate and regarded himself as the savior of Qingyun Hall. He made up his mind to save Qingyun Hall! He said, "Master, don't worry, even if I, Tang Yu, don't want it, I, don't let the Lightning Gang do anything like Qingyun Hall!"
Nan Mufeng nodded repeatedly and said, "Brother, Scar only gives us twenty-four hours. Time is in a hurry. You can set off quickly!"
"Okay! I'll set out now!"
"I'll transfer my car to you, the car is fast!" Nan Mufeng hurriedly called the driver and gave the driver a command. With all the hopes of Nan Mufeng, Tang Yu turned around and walked out of the headquarters of Qingyuntang. Looking at Tang Yu's back, Nan Mufeng was very nervous. Now he pressed all his hopes on Tang Sect. But against the powerful Lightning Gang, can the Tang Sect work? Nan Mufeng was also unsure. After sending Tang Yu away, he hurriedly called his accountant and ordered the accountant to immediately transfer all the assets under his name to abroad. He made up his mind that once the Tang Sect could not count on him, he would immediately run away abroad. As for the brothers of Qingyuntang, he would not consider it.
Just when Scar entered D City and Qingyun Hall was in chaos, Harding's office was also tense in the White House. Levins and Harding looked solemn, listening to the report of the US Treasury Secretary. In the report of the Treasury Secretary, when Harding learned that five more banks have gone bankrupt so far, and more than a dozen banks are on the verge of bankruptcy and may declare bankruptcy at any time, Harding was really panicked. Since the financial crisis in the last century, the US financial industry has never performed so badly. Various data gathered together, forming a big exclamation mark and a big question mark, which echoed constantly in Harding's mind.
What exactly is wrong with the financial industry in the United States and why is the situation so serious! Harding felt that it was a little difficult to breathe and loosened his tie hard. "God, who can tell me what happened?" Harding shouted crazy.
The Treasury Secretary said bitterly, "Mr. President, we are in big trouble this time! Wall Street is now in chaos. Three bankers jumped off the building this morning alone. It is rumored everywhere outside that the US economy is about to collapse and the end of the world is coming!"
"What did you say? The US economy is about to collapse? How is this possible? A week ago, the data also stated that the total economic output of the United States will grow by three to five percentage points this year! By the way, the last time you gave me a report. At that time, you were still very happy, saying that our US economy is now at a high level and steadily running, and will usher in another golden age of rapid economic development! Only a week later, you told me that our economy is about to collapse! My God, are you playing with me?" Harding roared at the Secretary of Finance angrily.
"Mr. President, after analysis, my experts believe that the problem is that the subprime loans that are popular in the US real estate market. The prosperous subprime loans have caused banks to lend a large amount of money to people with relatively poor repayment capabilities, so that poor people who could not afford to buy houses can also buy real estate at will. This practice has formed a huge bubble in our real estate market. When bank loan interest rates are very low and housing prices continue to grow, this subprime loan can bring high profits to banks and make the US economy show a false prosperity. Many economists have raised their own concerns about this situation before, but we have not paid enough attention to it. The bill you have been committed to promoting the increase in loan interest rates and suppressing housing prices not long ago seems to be for the United States.
The people in the country seeking welfare have actually become the fuse of this subprime mortgage crisis. Because housing prices have fallen, those who had poor repayment ability have caused a sharp shrinkage of assets due to the plummeting housing prices. Many people became negative assets overnight. They were unable to repay the mortgage, and banks generated a large number of dead debts and bad debts. The houses used for mortgage loans have depreciated, so that even if banks took them back, they could not make up for the losses caused by bad debts. Such a situation generally occurred, which brought a fatal blow to banks! Subprime loans that could have brought huge profits to banks became ropes strangling the bank's neck. As the subprime mortgage crisis continued to develop, we believe that this was just the beginning, and the more terrible consequences were still behind!"
The Minister of Finance's detailed explanation made Harding look as if he was dead. He murmured, "In other words, is it... I caused this subprime mortgage crisis with one hand? Shouldn't I suppress the high housing prices?"
The Minister of Finance shook his head and said, "It's not entirely your fault! Even without your series of policies to suppress housing prices, this subprime mortgage crisis will break out sooner or later, just sooner or later. Since the bubble has been formed, it will definitely burst one day. Strictly speaking, breaking the bubble early is less harmful than letting it burst itself."
"Oh my God, how did it become like this? What should we do next?" Harding's head was completely confused, and his eyes were full of panic.
The Finance Minister said, "Now my people are trying to figure out a way."
"Then let them think quickly! I don't want my people to rush in and tear me apart!" Harding roared in anger.
The Minister of Finance nodded, turned around and walked out. Harding sat on the chair, his face covered with grayish whiteness!
Levins suddenly punched the table with a heavy punch, and yelled with gritted teeth, "Damn it, we've been fooled by the Chinese!"
"What?" Harding looked up at Levins in confusion.
Levins said with great resentment, "Now I finally know why the Chinese are so enthusiastic about suppressing the housing prices in the United States. It turns out that they have seen this subprime mortgage crisis for a long time, so they borrowed our hands to detonate it, and then they can make a profit from it! Damn, these Chinese are simply devils!"
"Levins, do you say these are Chinese conspiracies? You... aren't you kidding?" Harding asked in a daze with a look of shock.
"Harding, why don't you understand? Think about what I told you a few days ago, a large amount of funds from China poured into our stock market. Is this just a coincidence? Absolutely not! Our stock index has plummeted by hundreds of points. Conservatively estimated that all Chinese capital has swept away trillions of dollars in our US stock market! Moreover, the US stock index is still plummeting. Now every moment, tens of millions of dollars flow from our American pockets into their Chinese pockets! Damn, it's really hateful!" Levins claimed to be smart, but did not see through this plan, which made him very annoyed and wanted to go crazy!
"So, Hong Tao, Xiaohan and others don't want to support me at all, but just want to trick me into induced the US subprime mortgage crisis through bills to suppress housing prices, and then they can make a lot of money from it?" Harding understood, looked at Levins blankly, and murmured.
Levins said with tears in his eyes, "Apart from this, can there be any other explanation make sense? Harding, this time we were really fooled by the Chinese! fuck!"
"God, what did we do wrong? He wants to send Chinese people to torture us!" Harding held his head with his hands, and fell on the chair with pain and annoyance.
"No! I want to argue with the Chinese people clearly!" Levins was a little confused.
Harding shook his head bitterly and said, "It's useless. The Chinese will not admit it is related to this matter! When we go to them, we can only make it boring!"
"What should I do? Are you just watching the Chinese play tricks on us?" Levins roared.
Harding gritted his teeth and said, "Of course not! This matter is absolutely impossible to just let it go! However, now is not the time to settle accounts with Chinese people. The most urgent task is to find a way to solve this subprime mortgage crisis! Levins, you are the smartest. You can think of a solution. What should we do?"
Levins waved his hand and said breathlessly, "Don't ask me, now my mind is completely confused, I can't think of any solution at all! Let the experts under the Minister of Finance think about it!"
"How can that work? We don't have much time left. The election is imminent. If this crisis cannot be resolved, it will endanger my support among the people!" Harding said anxiously.
Levins punched his head a few times with his fist, forcing himself to calm down, and murmured, "Okay, I'll calm down, I'll calm down, think about what to do..."
Harding knew that Levins could not have a solution at once, and did not disturb him. He let him think quietly by himself, and he fell into deep thought...
At this time, Wall Street in the United States was like the end of the world, and it was a mess. Many powerful companies in the past seemed to have reached the brink of destruction overnight. Many giants on Wall Street, because they could not accept such cruel reality, watched their wealth evaporate in the plummeting stock market, while holding their heads in groups of three or three. In just one day, tens of thousands of people lost their jobs on Wall Street.
The entire road of Wall Street was filled with worthless stocks and bonds, and pedestrians who were lost, like walking dead. There were also madmen who could not stand the stimulation and were making noises, making noises and scoldings, as if overnight, these well-dressed prides working on Wall Street turned into beasts and devils, and this street that attracted the attention of the world also turned into hell on earth.
In Hong Tao's investment company, another scene was presented. Under the command of Fesder and Higgins, the employee certificates in the company were busy and kept working. Everyone's face was extremely happy, which was in sharp contrast with the "Les Miserables" outside. Seeing the stock index that kept beating on the screen, Fesder and Higgins were holding wine glasses filled with champagne, celebrating the victory of the first phase.
Chapter completed!