Chapter 1068: Price war

Soros felt bad, and the feeling of a dog biting a hedgehog made William White even more uncomfortable. With the spread of the Asian financial crisis, the IT industry, which was still pretty good, also suffered setbacks.
The most troubling thing is that the indebted Four Star Group suddenly became mad.
"Philson, can their financial situation support this behavior?"
"Boss, it is roughly estimated that the four-star foreign debt is close to US$18 billion. Cough, boss, don't say that the capital is not worth the debt. In fact, it can't be too much."
Poof, William White squirted out of water, but fortunately the distance was far, and Philson didn't make a move.
"Cough, sorry, what are you saying? Eighteen billion, are you sure that it's not a Japanese yen?"
"Boss, it's really not, and this number may increase at any time.
The only good news is that they gave up their plans to continue building cars. "
"Okay, it's quite sober, but how long has it been, Kia's bankruptcy, hasn't it been said yet?"
Philson said that he couldn't understand. In this group of Smectas, he didn't know what was growing.
"Ah, follow up, the four stars are clearing here. Although I don't know where he came from, he can't back down."
"It seems that this can only be the case."
The price collapsed all the way, but there is more than just memory. William White's biggest headache is his oil and gold.
For a moment, William White suddenly discovered that he seemed to be more and more like Maozi, or that Maozi's interests were actually consistent with him.
Speaking of Maozi, this group of guys is also unlucky enough. The economy has just lost its way, and the prices of oil and non-ferrous metals have started to collapse.
The quality of gasoline and diesel is not good, if it is a tractor, the problem is not big, BMW Benz still forgets, the expensive maintenance cost will definitely make you vomit blood.
The quality of the steel is also not good, don't talk about any European standards, the rabbit country said that it is not acceptable. Unless it is used to cover the pig's nest, other places really dare not use it.
These are all basic products. As for electronic products and automobiles, don't even want to export them, and no one will buy them.
Poor product quality has caused a problem. Maozi can exchange foreign exchange, all of which are resource products.
No one wants aluminum ingots. Get some bauxite. No one wants steel. Get some iron ore. No one wants gasoline and diesel. Get some oil.
Gold is fine, but still useless. Now there is no shortage of this stuff, you cheaper.
The external debt has exceeded 100 billion, and the foreign exchange reserves are only over 10 billion. In order to get more foreign exchange, Maozi started a price war.
Nima, can you still have a little time? Resource stuff fights price wars. What kind of self-denial is this?
A look at my European friends, hey, yes, well, I won't dig here. If you buy it cheaper, we won't buy oil with the black guys.
Damn Rio and BHP, don't you plan to cut prices?
For resource assets, William White never engages in price wars. If it doesn't work, I will dig a little slower. If it doesn't work, I will use iron ore to build the rockery.
Alas, oil can't do anything. With this kind of stuff, you can only hedge in the futures market. It is impossible to get back all the losses, at most it is to reduce the losses.
The demand for iron ore is declining, the demand for oil is also declining, and the demand for gold is still declining.
In this way, don't say anything. Let's see who has the lower price?
"History will remember this incident. You asked me how much impact I have. I don't know. As for whether the crisis has passed, you think about it more and it will be a disaster.
Okay, that's it, I have a meeting. "
The reporter who surrounded the White Center didn't expect that this cool guy had answered the question in an unprecedented way.
"Mr. White, Mr. White, some people say that Soros caused this disaster, what do you think of this problem." William White stepped, looking at the reporter with a wry smile, Nima, are you planning to pick things up? ?
"Cough, this statement is unfounded. George is actually a good person. I don't think he will be so sad.
If it were really him, only Moustache could be compared. "
Throwing a shattered word, William White turned away and ignored any questions.
Of course, the reporters are not dissatisfied, except for a few rookies who do not understand who George is.
There is no way out. Those who like to contain William White are generally entertainment reporters. If it is not the Asian financial crisis, there should not be so many professional media here.
They are excited now. What did you say about William White's original words? It doesn't matter at all. What is important is how we should interpret it.
The person who initiated the Asian financial crisis is the same thing as Moustache, Nima, the news is really explosive.
Lying trough, what are you waiting for, quickly report to the story editor.
"Huh, is that a good person? Charlie, dealing with this bastard, if it is touted, it will definitely not be a good way."
Charlie Munger disagreed, or he could understand William White's mood.
"The losses are so heavy that they can praise their opponents."
"Cough cough, Charlie, is this praise?" Buffett smiled wryly. He could imagine what expression Soros would be.
Yes, since you want to eat this bowl of rice, it is inevitable to be greeted by your ancestors, who made you a hedge fund. Your success is built on the ruins of others.
But who is Moustache?
"It's wrong, if you continue to anger him..." Buffett is not stupid. A person who likes to read really understands the meaning of this sentence.
Yes, Moustache is a scumbag. Even if he is in hell, he is also a scumbag.
However, during the period of World War I and World War II, it was not you, the merchants, who bought short and sold short, and took advantage of it.
Buffett is smart, and the old guys are naturally not stupid.
Why hold Soros so high?
The reason is simple. In the event of a loss of control, you can step on 10,000 feet.
Well, if George is a good person.
They dare not continue to think about it. Some money is not so easy to digest. One is not good, and serious intestinal obstruction may occur.
Wall Street investment banks are not blindly greedy. When the World Trade Center was demolished, the bigwigs were very clever. As for those who are not sensible, someone will pick you up afterwards.
The same is true of the subprime mortgage crisis. You in Europe are tossing around and you need to market. Dare to come chaotically in the United States, and you are not discussed at all.
Of course, 2008 is a watershed moment. The economy of Eagle Sauce reached its peak in 2005, and in the next few years, they were only in various waves.
So, if you don’t want people to come to the United States to intervene, this can be easily achieved. As for the marketization you are talking about, it is good to talk about it. It really does not need to be taken seriously.
There is already a consensus in the academic world that government intervention will not stop the economic crisis, but there is one thing they can mitigate the impact of the economic crisis.
As for Soros, who is doing destruction everywhere, why can't you see you stirring up in the country?
It turned out that you also know that there are risks in doing so. It turns out that you are also afraid to be accounted for by the queen.
Hahaha, it's just a goblin with a backstage. It's no problem to bully Elder Tang. At the last moment, there will always be someone to help. But do you dare to sack in front of your master?
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