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Text Chapter 1881: Strike hard!

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    The Monday after the weekend is July 10th.

    The price of oil reached a high of 145 US dollars in the morning of this day, which is also an unprecedented high price.

    It¡¯s been ups and downs for a long time.

    On this day, Xiao Qi clearly felt some tension.

    ¡°Whether it is from newspapers and TV programs, or from gossips given by professional intelligence agencies such as Tong Wencong and Bloomberg News, it is proved that there is a tense atmosphere hanging over Wall Street.

    After a two-day weekend, the U.S. Senate and House of Representatives officially rejected the $700 billion rescue plan proposed by lawmakers, which means that Wall Street¡¯s hopes have officially been dashed.

    They have no way to get 700 billion US dollars in aid, and without the government to support their huge losses, it is a foregone conclusion that some major investment banks and related companies will collapse.

    As soon as they heard the news, people on Wall Street immediately held a meeting. Anyway, they are right next to each other and can get together within a few steps, which is very convenient.

    Before they could figure out how to fight back against the government¡¯s reckless behavior, another major event happened that was more important than the previous rejection of the bailout plan!  !

    Ruby Nader, the Chief Justice of the U.S. Supreme Court, announced in the afternoon that a hearing will be held tomorrow on the recent abnormal oil prices to find out whether there are human speculation factors, which caused the oil prices to rise.  Stay high.

    ¡°If it is verified to be true, the Federal Supreme Court will not rule out ordering certain companies to close for inspection. As for when they will resume business, it may be unclear.

    As soon as this news came out.  It immediately caused huge waves.

    The power of the Federal Supreme Court hearing is definitely much greater than the rejection of the bailout plan!

    Ruby Nader is the boss of the U.S. Supreme Court. He rarely speaks out, but every time he does, it is definitely a big deal.

    ¡°If you¡¯re not in the United States, you don¡¯t know what the Federal Supreme Court does.

    There is no need to say more.  Suffice it to tell you that the Federal Supreme Court has the power of judicial review¡ªthat is, if they think a U.S. law is bad, they can directly repeal the law on the grounds of "violating the Constitution."

    Awesome, right?

    Laws can be overturned directly, which makes countless financial groups who have worked hard to promote a certain law cry!

    And judges are never forced to retire.  Even if they are 90 years old, they can still work. This makes their influence too great, much greater than that of a senator with a five-year term!  The President of the United States is not as good as them.

    Now the Federal Supreme Court has stepped forward and named these financial giants, although it did not name them specifically.  But it still scared Goldman Sachs, JPMorgan Chase, Morgan Stanley, Merrill Lynch, Citigroup, etc. into a cold sweat.

    They have a lot of connections in Congress, but they don¡¯t have anyone in the Federal Supreme Court. Those old men and women are all like human beings. They seem to be smooth in dealing with others, but in fact they all have their own persistence.  .

    In fact, the Federal Supreme Court is often called the last piece of pure land in the United States.

    This is to punish major investment banks and financial companies to death!

    "If it weren't for the fact that Officer Nader spoke in the afternoon.  The stock market and futures market have been suspended, and the direct oil price will have to plunge a lot.

    But it is precisely because of the suspension of the market that the market is left with more fear and panic.

    This feeling of panic fermented over the course of one night.  It will definitely cause a jaw-dropping plunge in the oil market tomorrow - this is already the consensus of everyone!

    The most important thing in futures and stock markets has always been one word - confidence.

    When your stock price hits rock bottom, as long as investors still have confidence, you will not collapse and will gradually recover.

    Once investors have no confidence whatsoever, it doesn¡¯t matter how high your market value and price are now.  It's guaranteed to plummet all the way right away, leaving you with no time to sell.  Lose money and lose everything.

    This is what oil futures prices are now, unless the Middle East sinks to the bottom of the sea.  Otherwise, it will be difficult for anyone to save it.

    From the time when Official Dorubi Nader made his remarks at 5 p.m. until the futures market opens tomorrow morning, which is almost ten hours, I don¡¯t know how many people will be unable to sleep, and I don¡¯t know how many people will be unable to sleep.  Panic and anxiety, I wonder how many people will rejoice!

    ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????Of course by the Chinese and Koreans.

    Within half an hour after Ruby Nader¡¯s speech, that is, at 18:00 New York time, Niu Ruzheng,That time was also 7 o'clock in the capital, so he called Xiao Qi.

    "We all know the situation! This time you took great credit! Uncle Niu will celebrate your success when you come back!" Niu Ruzheng said with a hearty smile.

    From his tone, it is clear how much the country welcomes Ruby Nader¡¯s remarks, and how convinced it is of the plummeting oil prices.

    I don¡¯t dare to say too much about tomorrow¡¯s oil futures price, but it will definitely drop by at least 20-30 US dollars.

    The current oil price is not normal at all. Once the downward channel is opened, it is unlikely that it will continue to plummet, but the downward trend is very obvious, and no one can stop it!

    Look at the current global financial environment!

    Since the subprime mortgage crisis broke out in the United States, no country has been prosperous!

    In this economic downturn, production and consumption will naturally decrease. How is it possible for oil prices to turn around?

    Don¡¯t say it¡¯s cut off, even the oil price of 40 is not certain

    It is conceivable that when the price of oil drops to 80, 60, and 40 US dollars, the Chinese companies that sell oil from the high average price of 133 US dollars will gain much profit!

    Not only does it mean that they have earned more than double the profit on the oil they bought at an average price of more than 60 US dollars, but it also means that they have fought an extremely beautiful battle of buying low and selling high in the oil futures market, sweeping away the people who had been beaten before.  A situation that makes you lose your pants.

    Such symbolic significance makes the country¡¯s decision-makers far more happy than making money.

    Because this represents the beginning of China¡¯s true strength!

    Niu Ruzheng¡¯s attitude is obviously the epitome of the attitude of the highest level.

    Of course it is impossible for the country to reward Xiao Qi with billions of dollars.  , but Xiao Qi's position as the "national think tank" has always remained in the hearts of the highest level. It is absolutely natural to take more care of Xiao Qi and rely more on him in the future.

    Xiao Qi is not afraid of what he will do if his ability to predict future reincarnations is exhausted.  People change anyway, so I won¡¯t say a word when the time comes, at least concentrate on my business.

    At that time, Niu Ruzheng and the others will only think that Xiao Qi has become calmer and less courageous as he grew up, which is why he became like this.

    Except for regrets and sighs.  There will be no adverse measures against Xiao Qi, because Xiao Qi's previous contributions are enough for him to continue doing business and living in peace. Otherwise, the consequences of burning bridges will be unacceptable to a government.

    What¡¯s more, Xiao Qi¡¯s industrial progress will definitely be much greater than it is now.  Although such a behemoth cannot provide strategic help at the national level, it can be more representative of China in the real economy. This kind of national pride will naturally be taken care of as well.

    Niu Ruzheng's gratitude was only on the level of honor, but the next person who called directly spoke in terms of benefits.

    "Qi Shao, I won't say any more. Let's discuss it here, and they will give you the most generous reward." Li Jianxi called at 7 o'clock, with joy in his voice.

    If Xiao Qi had not asked them to sell oil in advance.  Then they will definitely use the oil they bought at a high price - others are buying oil for 80 or 60, but you are still buying oil for 120 or 100. Such a contrast is enough to make people cry.  Many companies were directly brought down.

    Although they still have more than 6 billion barrels of oil reserves, South Korea has too many places to use oil.  The country does not produce a drop of oil, so even if it does not sell another one or two billion barrels.  Maximize profits but sell billions of barrels of oil in advance.  They still made a lot of money, and more importantly, they recovered a large amount of funds, which they can gradually buy in batches when oil plummets in the future.

    Oil purchased at a low price can be directly reflected in the sales price of finished products.

    This price difference alone is enough for many Korean products to occupy a favorable position internationally.

    South Korea¡¯s most important opponent now is Japan.

    But Japan is not so lucky this time. Neither oil companies nor major oil users have an accurate estimate of oil prices.

    Although they noticed that China and South Korea were selling off oil, the Japanese people's rigid character and the bloated and procrastinating decision-making style of the big conglomerates made them barely react at all, and they still took steps step by step for 10-12 months.  stocking system.

    South Korea and China have stopped buying oil a long time ago, but the Japanese are different. Just a few days ago, they traded oil for 143 US dollars. Now it is too late to cry.

    Li Jianxi is happy that HanThe Chinese people have benefited from this and have not stepped into this swamp.

    On the other hand, of course, there is the schadenfreude for the Japanese club.

    The Japanese are being treated like this, and I don¡¯t know how many industries will be damaged. Isn¡¯t this a good opportunity for Korean companies to squeeze out the share of Japanese companies and occupy their market?

    Samsung is not only involved in electronics, but also in construction, chemical industry and other places where petroleum products are used. This will also be of great benefit to Samsung!

    Similarly, this happiness can also be reflected in Chinese companies.

    But whether they can seize the opportunity or not depends on their courage and ability!  (To be continued)

    ps: Thanks to tychu, shalex, lin0688, Fujitianjun and other brothers for their recent rewards. Thank you to all the brothers who subscribed to the monthly ticket and liked it!  The weather has been cold in most places recently. Brothers, please pay more attention to the cold!
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