Chapter 1073: Wrong, doomed from the start

Peanut is tearing 13, and so is Smecta. They now know that, no matter what, they can no longer pretend to be the strongest in the universe.
The world’s fifth-best language in 10 years seems to be yesterday. Unfortunately, it seems that this distance is getting farther and farther away.
Kia, Han Bao, Zhenlu, Sanmei, Halla, Haitian, Danong, Qingqiu, Ssangyong. Nine large financial groups have either closed or are applying for closure.
A total of thirty consortiums, one-third of them need to go bankrupt. Even the remaining twenty-one houses do not seem very outrageous.
At least, Daewoo seemed to be unable to support it.
Three months ago, you seemed to be robbing Kia. Now, if not, you will pack and sell it to Four Star.
Smective looked back, lying on the trough, let alone four stars, Hyundai was not interested. To survive, as long as they can survive, they are willing to pay any price.
Smecta now understands that other people dare to lend you money, and they are not afraid of you failing to pay. If you dare to repay your debts, rest assured, you will definitely regret it for life.
The change of sovereign rating to B- is just the beginning, if necessary, it can be changed to C.
In this situation, A- will die.
B?
Hahaha, I can only add one more silly word to you.
Anyway, Japan has stopped giving money, and the loan interest rate of 30% cannot be borrowed.
Smecta's economy is simply copying the Japanese. They believe that the Japanese problem is mainly the real estate bubble. I will limit it here.
So, they encountered the bubble crisis of the magic revision. Seeing how disgusting it is now, it seems to be as good as Japanese.
Blind arrogance and blind expansion, this way of economic development, was wrong from the beginning.
Smecta is a small country in the region. From a geopolitical point of view, there is really no other choice but to meet each other.
This period of time after World War II should be the most exhilarating. As a punishment, Japan is not a complete country, and its boss and the big rabbit do not deal with it. Well, nobody really bullied it.
The sudden take-off of Japanese gave Smita a grin. If he is not fighting here, he may be able to take the place of Japanese.
Yesterday, it was very good, and we finally had the opportunity to catch up, even if it was super, it would be very close.
In 1995, Smectar saw hope. Because the Japanese earthquake that had just started to improve, their chances have been greatly lost.
Unfortunately, they think too much. Although he was an asshole, he used to be called a power. Even if you were blown back to the Stone Age, they have also built aircraft carriers.
It's also funny to say. Smecta's feelings for Japanese are really difficult to describe in words. You say they have a bad relationship, and Smect likes to imitate Japanese very much. Not to mention the other, like gaming, these two goods have a fight.
The government is not clear about the appearance of its own citizens, so it is true that legal gambling is either sports or sports, or it is a pinball machine full of streets.
Smecta is different, they have their own Casino. However, the citizens of the country are not allowed to get involved, so the depressed Smecta travels across the ocean.
Well, this is actually worse. Since they like to die, you might as well leave your money at home.
"Huh, this is not going to be over, just bury Smecta?"
They may not care about the thunderstorms of Smecta. The eagle sauce that dominates all this can't stand it first. Bastard, just a little wool, what are you doing with your heart, lungs and spleen out? The colorful flowers are disgusting.
"Warren, I have studied their foreign investment, there is a common risk, they like high returns."
Ha, Buffett smiled, a little frivolous. If it is not familiar with him, Charlie Munger wants to run away. Old rabbit, you look very evil now, do you know?
"Charlie, their per capita income has increased by a hundred times since the war. You said that a person who eats bran throat for a long time, you suddenly give him a lot of money..."
The old guys said so, what else is there to say, but in the end of this bad situation, how long will it take.
"Warren, they shouldn't have done this at first. Later, they shouldn't pay the bill. Now that's fine, they can't borrow a dime."
"Alas, this group of evil spirits, they don't die, I don't care. If so much money is gone, many Japanese banks will go bankrupt. Even us, the prospects are not very optimistic.
By the way, what does the Ministry of Finance say now? "
Charlie Munger smiled bitterly. In his opinion, those conditions were too exaggerated. It can be compared, that is, the one hundred years ago. At that time, Japan forcibly lent 10 million yen to Smect, and since then, they have begun the prelude to colonization.
"It's harsh. I think it's choking. Robert Rubin is crazy. I'm curious. Smita didn't throw his children into the well. Why did these conditions come up?"
In fact, until this day of signing the agreement, Smita still refused.
It is a pity that without signing, the country goes bankrupt. This is not the unemployment rate of more than ten percent, one is not good, it is 40-50. Stop talking about company employees. Even government employees will also be out of class.
This is an agreement signed by someone in the mud pit, and is called the National Shame Day, but it is not too much.
But then again, who made you A's money come. Smecta’s consortium economy is a government-directed loan, and the bank provides very low interest.
Finally, the consortium exported foreign exchange and returned part of its profits to the government. Well, in this cycle, your government is benefiting. Since it benefits, you cannot say anything about marketization.
Invisible guarantees are also guarantees. If something goes wrong, foreign investment banks will bear the losses. How could this world have such a funny logic.
Robert Rubin, who is this product?
Former senior partner of Goldman Sachs, so his position still needs to be explained?
No need at all!
Goldman's partnership system is one of the most important reasons for their success. This is basically a muddy pond, as long as there is a way, it will occupy a seat on this platform.
Don't say a little Smecta, after that, the abnormal monster of Goldman Sachs simply cannot exist.
Do you know why you only save two rooms without saving your brother?
You Lehman go against Goldman Sachs all day long, will people not find opportunities to clean up you?
Later, the consortium of the United States actually had such a family. Morgan Stanley didn't dare to provoke, Citigroup had only half a life left. Other so-called predators either retired or joined Goldman Sachs. Anyway, after 2008, basically this shape.
The position of the Finance Minister of the United States, starting with Robert Rubin, is basically Goldman Sachs' long-term control. You can change the position of the President, this position is best not to worry about.
"25% interest rate? I want to lend money to Smecta. The profit of industrial products exceeds 20%. Do you know how difficult it is?
Alas, this group of guys will make money. "
"Boss, it's more than that." Philson smiled and didn't care, just taking advantage of the fire, it was no big deal.
"Oh, talk about it."
"Bank brokerages are fully open, allowing mergers and acquisitions, including malicious acquisitions, and abolishing all licenses. The most critical one is that the IMF must supervise financial institutions."
"Hahaha, don't say that, the last one, it is impossible to agree. Is the IMF playing this way, is it going to dissolve Smecta's HKMA?"
"Robert is really cruel enough, such conditions have already turned upside down in Peanut."
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