Chapter 2715 20 Trillion Debt? Believe in the Wisdom of Future Generations

The next day.

Solomon summoned many senior executives of the hegemony.

Among them, the fourth main god, "maker", the head of the Fed, Rom Powell, is among the list.

"All of them are here? I'll go straight to the point.

I plan to short the Sakura Coins and harvest a wave of bullets that supplement the foundation.

Who agrees and who object? ”

Solomon's directness made everyone present explode!

Rom first raised his objection: "Solomon, are you confused? Sakura Kingdom is our ally? Recently, he fought with Chen Mo.

Didn’t you reap it now and let other allies feel upset? ”

Others echoed:

"That's right, if we really cut off the credibility of our foundation, it will be gone."

"The Sakura Kingdom and the Yin-Yang Kingdom are our strategic allies in the East, so we can't move!"

"I think this matter needs to be carefully considered and not be reckless."

"..."

Solomon had long expected this situation, so he calmly opened the big screen and listed the bills:

“This is the foundation’s public loss this year.

If you are willing to pay for these deficiencies out of your own pocket, I have no objection.

Or, if you have any solutions, you can harvest a large amount of blood bags in a short time, you can also propose it. ”

Everyone looked at it and their hair was upside down!

This year, the foundation’s public losses have reached 222,212.3 billion! ! !

If everyone really pays for this loss out of their own pocket, they will suffer to death!

When it was my turn to lose money in my interests, no one would call me in an instant.

Solomon sneered, "I know what you are worried about. But what I want to say is, don't forget that the Sakura Kingdom has never been our ally, but a piglet we raise!"

"Originally, we wanted to raise it, and we could eat it at the critical moment!"

"Now, the situation inside and outside the foundation is so urgent, why do we still have this piglet? Recognize our status and identity, we have never been "guardians"!"

Everyone looked at each other and felt enlightened.

This is indeed the case.

Perhaps it is because of the rapid growth of the global economy over the years that there is no need to harvest the world, which gives them the illusion that the cherry blossom country is an "alliance".

"Mr. Roscheld was right. Now is not the time to care about the piglets' life or death. Let's survive first and then deal with other issues."

"At worst, I can support another piglet!"

"Cut it, make up for our deficit first!"

"..."

Everyone responded and agreed.

Solomon was very satisfied with everyone's reaction and spoke again:

"Let me tell you the specific situation."

"The subprime mortgage crisis is still spreading, and the Fed continues to cut interest rates, and even has over-negative interest rates.

The Sakura Central Bank adheres to an ultra-loose policy, with short-term interest rates -0.1%, and the 10-year treasury bond yield suppressed below 1%, which is consistent with our domestic policy, and the main purpose is to stimulate the economy.

Moreover, the domestic demand for cherry blossoms is sluggish, aging is intensifying, and they rely heavily on exports, resulting in the pressure on depreciation of cherry blossom coins.

So... it's the best time to short now! ”

Rom stood up and asked, "But Chen Mo has already harvested a wave of cherry blossom coins before. For the cherry blossom coins market, the negative news has been exhausted. The so-called bad news is coming, and the rest is good, right?"

Solomon shook his head: "If we still stick to the existing policies, it is indeed as you said. But... the initiative of the policy is in our hands!"

Rom suddenly had an ominous premonition: "What do you mean?"

Solomon smiled faintly: "I need to dominate the Fed's interest rate hike, and in a short period of time, I will raise the interest rate to 4%-6%!"

"In this way, the interest rate gap between the Dominic Kingdom and Sakura Kingdom can be as high as more than 5 points. We don't have to do anything, and the capital of the Sakura Kingdom will flee to the Dominic Kingdom."

Rom said numbly: "The subprime mortgage crisis in Baguo is still intensifying. Once interest rates are raised, it means completely giving up the real estate market.

House prices will plummet again! ! ! ”

Solomon said disdainfully: "Don't raise interest rates, do you think the real estate market can be saved?

Recognize the reality. Now the real estate market in the country can no longer cut the leeks!

Look at the prices of those houses. There are many people with mortgage loans several times higher than house prices. Everyone would rather be a homeless person than take a mortgage loan again.

What's the point of continuing to keep interest rates low? ”

"It's better to take this opportunity to raise interest rates wildly. At that time, let alone the cherry blossom coin market, the capital of countries around the world will be attracted by the interest here!"

The average interest rate is as high as 5%, which doesn't seem to be much.

But don't forget that this is interest without any risk! ! !

As long as it is deposited into any bank in the dominant country, it will have to pay such terrible interest! ! !

In today's global economic crisis, many companies have made money, not to mention making money, but many of them have suffered losses for months!

Once the Fed raises interest rates, these companies will definitely transfer their money to crazily and eat the annual interest rate of the five points while lying down!

Even, as long as there is a interest rate spread, capitalists from all countries will definitely borrow money to save money from the dominant country to earn the interest rate spread!

In this case, Rom could foresee that global capital would surely pour in in, and in a short period of time, the economy of the hegemony would definitely ease.

but……

Anything is afraid of one but! ! !

High interest rates correspond to high debts;

High debts correspond to high risks!

If there had been no subprime mortgage crisis this year, the total debt of the hegemony should have been able to be suppressed to less than 10 trillion hegemonic currency.

But since the subprime mortgage crisis, various debt crises have collectively erupted, and now the total debt of the hegemony has reached 15 trillion hegemonic currency! ! !

If there is another wave of interest rate hikes, the total debt at the end of this year may soar to 20 trillion hegemonic currency! ! !

In the past, the think tanks of the foundation predicted that the total debt of 20 trillion would not be reached until 2017! ! !

This is equivalent to Chen Mo's operation, plus Solomon's operation, which may make this debt level arrive 9 or even 10 years ahead of schedule! ! !

This is a very scary thing! ! !

It is equivalent to eating the grain of the next year in advance, and directly eating up 10 years of grain in advance! ! !

If this crisis is not resolved, it is likely to jump all the way, and all three roads will collapse! ! !

The era of buying bread for 500,000 has come again!

It is possible that the S3 season will start early! ! !

Rom was sweating profusely when he thought of this, and hurriedly said: "How do you plan to solve the debt problem?"

"The interest rate has increased so much at once, and the debt problem has collapsed. Even if you take out all the cash in your hand, it may not be enough to solve the problem!"

Solomon said unsatisfiedly: "Let's talk about the future problems later. We can only solve the current predicament now.

If it doesn't work, continue to raise interest rates. The debt on the books will continue to be high. We must believe in the wisdom of future generations."