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Text Chapter 1973 Chaos (Part 2)

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    "Qi Shao, the Maldives is unstable!"

    After the news in the United States came out, the Asian stock market was in turmoil. Qu Liang, the president and general manager of Citibank Chengdu Branch, called with joy.

    In April, Xiao Qi discussed with Qu Liang and asked Citibank to help negotiate the sale of undeveloped islands in the Maldives.

    Under Xiao Qi¡¯s instruction, Qu Liang found many super-rich people and formed a team to negotiate with the Maldives government.

    They did not buy mature islands, but only those that were uninhabited and undeveloped. The prices were pretty good, but the Maldives government rejected them outright.

    The Maldivians know that these islands are their lifeblood. If they are sold to others, they will gradually lose the basis for their survival. Only by continuously developing these islands and vigorously developing tourism can the Maldivian people be happy.  source.

    But they are still too unsmart. There is no problem in managing tourism, but if they want to participate in financial transactions, they are completely at the mercy of others.

    I originally thought that the U.S. bonds of Fannie Mae and Freddie Mac were the best in preserving value, but I ended up buying billions of dollars in U.S. bonds. Now I am in danger of not being able to get them back. This suddenly made these Maldivians frightened. I don¡¯t know.  What can I do.

    Since last night, they have contacted Citibank and several other banks to see if there is any way to redeem it, even if it means a small loss.

    But Citibank told them seriously that early redemption was impossible.

    Because at this stage, Fannie Mae and Freddie Mac can no longer withstand the trouble. Tens of billions of bonds cannot be redeemed, nor can bonds worth billions of dollars. Otherwise, the dominoes will collapse, which is as high as 100,000.  Assets worth billions of dollars collapsed.  No more cents can be found.

    Moreover, the sudden collapse of Fannie Mae and Freddie Mac is extremely detrimental to the U.S. government and the American people. Even if they are to collapse, they will have to slowly go bankrupt and delist after the government takes over.  proceeding.  It must not go bankrupt suddenly, otherwise the United States will be hit hard.

    So, at this point, the U.S. government is obviously cheating, but what can you do with them?

    Just like after World War II, they deceived everyone into storing gold in a New York vault. The President of the United States swore that the price would remain unchanged and you could exchange it at any time But he turned his back and refused to recognize the fixed gold exchange rate at all.  .  You just bought thousands of tons of gold with US dollars that are like waste paper. What can you do with it?

    Even the United Kingdom and France cannot take advantage of the American Zheng Mingyu, let alone the Maldives, a super-small country like a flea. Their demands for early redemption are destined to not be met.

    But the Maldives cannot live without this U.S. bond as inventory. If people know that the Maldives has no money at all, the situation will be terrible!

    So, Citibank kindly gave them some advice. Aren¡¯t there so many super-rich people wanting to buy your undeveloped islands some time ago?  Just sell it to them.  In this way, at least several hundred million US dollars can be recovered, which cannot be said to make up for the shortfall.  That would at least give you some slack.

    Anyway, there are so many islands available for development in the Maldives. There is no harm at all if thirty or forty of the more than 1,000 islands are sold!

    Don¡¯t tell me, a group of people in the Maldives government are really tempted.

    But the conditions they offered are incredible.

    First, they decide which island to sell.  They are usually very remote places with very poor terrain conditions.

    The second thing is the price. In the circle they allocated, the smallest one costs 8 million US dollars, and the largest one costs 20 million US dollars.

    The third one is.  Even if these islands are bought by private individuals, they will still have management rights in the future, which means they can still manage other people's things.

    At that time, Qu Liang wanted to express condolences to them: Go to hell!

    This is not called giving them help in times of need, but rather, they are taking advantage of the situation.

    "I just bought an island, do I need to be so harsh?"

    So the negotiations were temporarily suspended, and Citi decided to ignore the people in the Maldives for the time being and continue to create a tense atmosphere for them.

    ¡°The people at Citi were really bad. When they saw that the negotiations were unsuccessful, they turned around and spread the news. In a blink of an eye, everyone in Mali knew about it.

    Let me explain here, there are really very few people in the Maldives, and 60% of them live on the slightly larger island of Male, the capital, so as long as the people in Male know about it, then the other major  Everyone on the island knows it too.??

    I heard that I worked hard to make money to make tourism, and I couldn't get a penny by the government. Everyone was angry.

    Tens of thousands of people immediately took to the streets on Male Island and began protests and demonstrations. They blocked the presidential palace and asked the president to kneel down and explain.

    ??????????? Then people from the other big islands, regardless of the fact that it was getting late, came one by one on ships, blocking the main road in Male.

    The president and officials were originally prepared to come out and explain, but when they saw such a scene, they were afraid that they would be trampled to pieces, so they quickly ordered the guards to guard the door tightly and not let them out.

    They didn¡¯t expect that the news was released by Citigroup, because they not only asked Citigroup for help, but also other banks, etc. They thought it was some official who disclosed it.

    At this point, Qu Liang became silent for the time being.

    He no longer actively contacted the Maldives government, but acted as if he had never mentioned the previous purchase of islands.

    "However, when the Maldives are pushed to the edge, they will definitely think of Qu Liang.

    At that time, the primary and secondary relationship will be reversed, and the initiative of negotiation will be in Qu Liang's hands.

    It was after the layout was completed that Qu Liang made the call.

    Like him, Xiao Qi was neither arrogant nor impatient. He praised Qu Liang a few words and hung up the phone.

    If you want to buy good things, you must not be impatient or anxious, otherwise you will either not get the best one, or the price will not be the most appropriate.

    After entering the financial crisis mode, there are so many things that need to be purchased and wanted to be purchased. This small island in the Maldives is just an appetizer and is not worth getting excited about.

    ¡°Well, maybe the wives will be more excited.

    At present, Xiao Qi¡¯s greatest energy is still focused on the United States.

    Fannie Mae and Freddie Mac have developed to this point, and it is obvious that they are unable to return.

    Xiao Qi remembers very clearly that the U.S. government will take over Fannie Mae and Freddie Mac at the beginning of next month, and then Wall Street will ask the U.S. government to also take over the two messes of Merrill Lynch and Lehman Brothers.

    The problem is that the U.S. government is not a fool. I take over Fannie Mae and Freddie Mac, and after all, I serve the tens of millions of people who buy homes with loans and the tens of millions of people who invest in U.S. bonds. But I take over the notorious Merrill Lynch.  What are you doing with Lehman Brothers?  Are you going to clean up the mess for you after making Wall Street fat?

    Stop dreaming!

    The U.S. government¡¯s final decision was to abandon Merrill Lynch and Lehman Brothers cleanly and step on Wall Street¡¯s wounds.

    Bush was very happy to do this.

    ¡°After all, Obama will be the president next year, why should I clear the way for him and create more chaos for him!

    , when they were on stage, they tried their best to suppress Wall Street, and they colluded with Wall Street to constantly put pressure on Obama. They were a complete mess.

    The topic comes back to the present.

    No matter how Americans fight among themselves, it has nothing to do with Xiao Qi.

    What he cares about is the subprime debt financial derivatives he purchased in the United States. His income in the next six months will definitely be more than the previous year.

    Xiao Qi has made tens of billions of dollars in profits before, and most of them have been invested in gold futures.

    Unexpectedly, under Tong Wencong's operation, the profits from this subprime debt crisis were ridiculously high. At least another 10 billion US dollars could be recorded in the next six months, which was much faster than the hard work of his own business.

    No wonder so many people like to make money from financial products. This kind of business without capital is simply easier than robbing money.

    In addition, there are stocks of some companies held by Merrill Lynch and Lehman Brothers, which Xiao Qi is determined to get.

    For example, although the giant Texas Instruments is controlled by Goldman Sachs, Merrill Lynch and Lehman Brothers also hold a lot of shares.

    There are also stocks of Qualcomm, the most powerful chip giant in the future, which are also held in the hands of several major investment banks.

    There are also Yahoo stocks that Xiao Qi wants most, and these investment banks hold some of them. Although not much, taking advantage of the situation is also a kind of advance preparation.

    The only thing that makes Xiao Qi regretful is that the United States has strict restrictions when it comes to high-tech technology. Xiao Qi cannot directly transfer many companies back to the country and can only put them in the North American laboratory of Mingxiang Holdings.

    Of course, it¡¯s not completely impossible. Today is the Internet age. OftenMingxiang Holdings North America Laboratory holds online video conferences with Fairy Laboratory, and there are many technical exchanges. Although the process is a bit tortuous, you can still learn slowly. What we Chinese are best at is learning.

    ?Those who work in technology and those who do business are the same. They are not afraid of hard work, but they are afraid that the hard work will be worthless.

    And Xiao Qi directly linked their technical learning and innovation with money and honorary awards. Everyone¡¯s positive efforts will naturally be enough!  (To be continued, please search Piaotian Literature. The novels will be better and updated faster!
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