Reborn Capital Madman

Chapter 1214 Wall Street's troubles in this global economic crisis

If inflation is taken into account, the strategy of high-string spending money to exchange time will be even more cost-effective.

For example, the large area of ​​land where Xiangjiang Financial Street is located is provided by reclamation, which pushes the coastline forward by up to 350 meters, and is one of the core projects of the construction plan of Xiangjiang New Airport.

The plan for this land reclamation project has been proposed for a long time. Taking advantage of the impact of the global stock market crash on the economy on Black Monday in 1987, it was launched cleanly before the end of that year, and used more than 2 billion Hong Kong dollars in funds.

, and it was completed, saving hundreds of millions of Hong Kong dollars over the "old script", at least fifteen percent.

Gao Xian, a strategy of spending money to exchange time, can only understand his value in advance, and is more vivid in the development of the land where Xiangjiang Financial Street is located. The skyscrapers on the ground and the underground subway stations are as long as the construction conditions are met.

Then, they all advance their work in parallel.

In the second half of this year, the new wharf, Evergreen Hotel and Evergreen Garden will be put into use one after another; the subway stations, International Financial Center Building, etc. will also be put into use in turn next year, at the latest year after year.

After the official opening of Evergreen Hotel and Evergreen Garden, we started to receive the Xiangjiang Global Financial Leaders Investment Summit. The success of Gaoxian’s spending money on time strategy was immediately reflected, such a high-end star hotel and

Hotel-style apartments are hard to find. No matter how powerful the consortium wants to get close to the connections of the Xiangjiang Global Financial Leaders Investment Summit, you must think carefully.

To put it bluntly, as a huge and important fixed asset investment of the Xiangjiang Development Investment Fund, Xiangjiang Financial Street is a healthy manifestation in the financial statements of the Xiangjiang Development Investment Fund, and there are no invisible bad debts.

The so-called invisible bad debt, to give an example, a bank has a debt of 10 billion yuan and the company cannot pay it back at all, but the bank may not be able to offend it, or other reasons cannot be explained, so the debt can only be extended for ten years.

In ten years, the condition is that the interest rate is increased slightly, and the books are stable, but the risk of invisible bad debts is essentially increased.

The financial relationship between the foreign exchange fund of the Xiangjiang Financial Administration, the Xiangjiang Development Investment Fund, the Xiangjiang Financial Street Management Co., Ltd., etc. is controlled by Gao Xian, which is truly stable.

After using the importance of the Rockefeller Center building complex to New York to compliment the significance of Xiangjiang Financial Street to Xiangjiang International Financial Center, Willard Butcher expressed his sincere admiration, and Gao Xian's actual control range,

Whether it is the Xiangjiang Financial Administration or Gao Yi, the Gao Xing Group, it has almost never been hit hard by the severe recession of the major capitalist market economy in the world. It is really wise!

Using the Rockefeller Center to describe Xiangjiang Financial Street, there are inevitably some subjective factors. Whether others accept it depends entirely on their mood. In this global economic recession, Gao Xian's wise leadership is objective. After all, the result of loss or not

, just there.

The capitalist economic crisis that occurs about every ten years, and when the powder appears, each has its own characteristics, and the impact on the bigwigs in the capital circle is different.

As for Gao Xian's real estate business controlled by Xiangjiang, even the entire Xiangjiang economic system, which was in a low period, was even more orderly.

Gaoxian has almost no involvement in the loan problem of underdeveloped countries, because this kind of business is first, a kind of old-fashioned business, and Gaoxian's foundation is obviously younger; second, it needs to be guaranteed by national chips, but Gaoxian can only borrow.

If you don’t have the level of resources you can directly master, there is naturally no need to mess with. Isn’t it fun to carry out new investment banking business in the mature and developed capital market?

It is obvious that not everyone can get involved in the loan problem at the national level.

Faced with this global economic recession in the early 1990s, the US Chase Bank was mainly troubled by two major problems. One was the default of loans in underdeveloped countries, and the other was the default of loans by real estate developers. Other Wall Street giants also exist.

Similar situations.

No wonder Willard Butcher gave his knees to him because of this.

As for the issue of real estate loans, Gao Xian is deeply involved, but Wanguo Real Estate, a subsidiary of Xiangjiang Land, has real estate businesses in the UK, including the property development of London Canary Wharf; Gaoxing Industrial's real estate businesses in Canada and Australia; Gulf West

The company's real estate business; and the real estate business of Howard Hughes Group, which has been deeply influenced, are obviously at ease, and there is no unreliable real estate kingdom, and the huge risk of bankruptcy and reorganization.

In the 1970s when David Rockefeller served as the US Chase Bank, he was able to set up the US Chase Bank offices in the capitals of the Soviet Union and China. You should know that the Cold War was in full swing at that time, which shows his energy.

It is hard to imagine the degree of business development of the US Chase Bank in Latin America, Africa and other markets.

The scope of the real estate crisis this time has been wider. For example, in the UK, because the City of London is too small, the new financial core area under construction, the Canary Wharf, has appeared in a depression; the United States

The example of the real estate market is easier to understand in detail. The future of the "old script" in which he is unreliable, now his main business identity is a real estate tycoon, and he is in a business crisis, and the main

Some of the loan banks Citibank are playing games, and even Citibank itself may have to change its appearance.

Gao Xian naturally doesn't want to limit the pattern to the level of mutual praise. He concluded: "The emerging market of Asia, the four little dragons and four little tigers, is indeed showing the broad recession of the markets in North America and Western Europe.

It’s a big difference, this should be the vitality unique to emerging markets.”

Willard Butcher nodded, “By my retirement as scheduled, Thomas Labrak takes over as CEO, the board hopes that the new management can solve the loans Chase is suffering from, real estate developers and underdeveloped countries.

Breach of contract troubles.”

Gao Xian smiled slightly, "Thomas Labrak will also arrive soon. You can communicate freely at this Xiangjiang Global Financial Leaders Investment Summit and strive to find solutions to common and local problems."

Willard Butcher tentatively said: "I'm retired, so I can speak more casually, Sir Gao, do you think Chase and Gao Yi can cooperate more comprehensively and deeply in the field of investment banking?

Gao Xian raised his eyebrows. Is Willard Butcher looking for the new Chase CEO Thomas Labrak, or other members of the Chase Board of Directors, or even David Rockefeller?

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