They are all reborn, and the grandson is still a spare tire

After reporting the leak, Sun Lei turned around and left the office.

At the same time, Gao Huan walked in.

He went straight to the desk, took out the military satellite phone from his bag, and handed it over casually.

After Yao Yuan took the military satellite phone, he turned and left the office.

It wasn't until the office door closed again that Yao Yuan put the satellite phone to his ear.

"Uncle Chen, what happened? Please tell me."

The next moment, Uncle Chen's voice came over the phone.

"That's it, Xiao Yao. Just now, BNP Paribas publicly announced that due to huge losses from its investment in subprime mortgage bonds in the United States, it would immediately freeze three of its funds. Obviously, it can't keep the lid on!"

"The scale of these three funds is quite astonishing. Before today, many people in the European financial field believed that these three funds were mainly used to invest in European currency markets."

"But no one expected that all three BNP Paribas funds were heavily invested in US subprime mortgage bonds and suffered heavy losses."

"As soon as the news was announced, it immediately shocked the entire international financial market and attracted countless doubts and curses. The European stock market had already started to plummet before the market opened!"

Before he finished speaking, Yao Yuan sneered.

"BNP Paribas thinks that the European and American financial markets are not dead enough! It jumps out at this time to add fuel to the fire. Just watch, the European and American financial markets will be bleeding like rivers today!"

"As things have developed to this point, the subprime mortgage crisis can be said to have completely broken out. This announcement by BNP Paribas can be regarded as a landmark event for the full outbreak of the subprime mortgage crisis."

"For us, this is undoubtedly a God-given opportunity. The next step is up to everyone. We must make good use of this opportunity."

Uncle Chen on the other end of the phone naturally understood the subtext of Yao Yuan's words.

He is also very clear that Jiuye Investment has changed its operating strategy and will no longer be as aggressive as it was a few days ago!

"Hahaha, Xiao Yao, you can rest assured that everyone will make good use of this opportunity."

"When BNP Paribas issued the announcement, it also gave an explanation, saying that it was because of tight liquidity in the market that it had frozen these three funds with serious losses and suspended redemptions!"

"Once market liquidity is restored, they will get out of trouble quickly, and they also say that the subprime mortgage bonds they hold are highly rated and the risk is very small!"

Hearing this, Yao Yuan complained disdainfully:

"Tch! Bear Stearns said the same thing before when it suspended the redemption of its funds."

"What's the result? Those Bear Stearns funds haven't collapsed yet!"

"Deutsche Bank AG also said the same thing, and as a result, the Rhineland Fund almost lost money!"

"This is obviously an excuse by the French. These three funds of BNP Paribas will inevitably collapse, sooner or later!"

"Hahaha, everyone thinks so, the French are trying to hide their lies."

Uncle Chen said with a smile.

Then, he changed the subject.

"Xiao Yao, there is another more important event."

“As soon as BNP Paribas’ announcement was released, EIBOR rates began to soar rapidly, far exceeding the ECB’s target interest rate!”

"What's even more frightening is that many banks in Europe have announced that they will stop lending funds to each other. The interbank market in the European banking industry is afraid that it will collapse!"

“Ah, the European interbank market collapsed?”

Yao Yuan exclaimed and was startled.

After exclaiming, he fell into silence.

After pondering for a moment, he said in a deep voice:

"Uncle Chen, let everyone be prepared, the European Central Bank is going to rescue the market! It is very likely that today, the European Central Bank will come out quickly and inject a lot of liquidity into the market!"

"The European Central Bank cannot afford to watch the interbank market collapse completely, nor can they afford the huge consequences of a collapse in the interbank market!"

"This is determined by the characteristics of the European financial system. If the European Central Bank does not step in to rescue the market immediately, the run will spread rapidly throughout Europe, and countless banks will be run and bankrupt!"

"Following the ECB, European governments will introduce many rescue measures to try to save the situation!"

"The next step will be the US government and the Federal Reserve. Within two or three days at the latest, the US government and the Federal Reserve will come to rescue the market, and the scale will be unprecedented!"

"The collective actions of governments and central banks in Europe and the United States to rescue the market are likely to bring hundreds of billions of dollars to the market. This is our opportunity..."

Not surprisingly, Uncle Chen was shocked by these words.

"Ah! European and American governments and central banks will collectively come to rescue the market and inject hundreds of billions of dollars into the market? This is a major benefit!"

"In this case, should we somersault long, sell all short orders immediately, go long backhand, and make a huge profit from him?"

Yao Yuan shook his head firmly and said coldly:

"On the contrary, Uncle Chen, we still have to unswervingly go short, there is no need to do long flips!"

"It just needs to be more secretive. Don't be targeted by European and American governments and central banks, especially the Federal Reserve!"

"This time we are rescuing market funds from European and American governments and central banks, as well as from the Federal Reserve. We must be extremely careful!"

Uncle Chen on the other end of the phone was still confused.

"Why don't you do some flips? This is hundreds of billions of dollars, and it will definitely cause quite a stir!"

Yao Yuan smiled softly and explained confidently:

"The reason is very simple. All the good news is bad! There are always expectations of rescue in the financial market. Governments and central banks of various countries joining forces to rescue the market mean that all the good news is gone!"

"And this just shows that the huge harm caused by the subprime mortgage crisis is far beyond people's imagination, so much so that it forced European and American governments and central banks to join forces to rescue the market!"

"Realizing this, countless investors will flee in panic, or even form a stampede. I'm sure that today the European and American stock markets will plummet across the board, and the decline will be more severe than before!"

"Not only the stock market, but also the futures market, especially the crude oil futures and gold spot markets, should also plummet!"

"We have to take advantage of such a good opportunity to make a huge fortune. The big short sellers on Wall Street must be waiting for this day, and they are also waiting for the hundreds of billions of dollars in bailout funds to come to an end..."

Uncle Chen was shocked again and couldn't help but express a few words of emotion.

"I have to say, you are so shrewd and ruthless that you have set your sights on hundreds of billions of dollars in bailout funds!"

"Fortunately, you are one of our own, and you always care about the country, otherwise we would be in big trouble!"

"Hahaha, thank you Uncle Chen for the compliment, you can rest assured that I will always put the interests of the country first!"

Yao Yuan said with a proud smile.

Next, he discussed coping strategies with Uncle Chen before ending the call.

Immediately after ending the call, he quickly turned on his computer and began to check the situation of the international financial market.

as predicted!

The announcement just issued by BNP Paribas has completely detonated the international financial market.

The rapid collapse of the European interbank market has made everyone feel like they have fallen into an ice cave!

While browsing these breaking news, Yao Yuan picked up a military satellite phone and started calling the capital!

Within moments, the call was connected.

Uncle Qiu's familiar voice came from the other end of the phone.

"I just wanted to call you, kid, but you called me first!"

"Tell me, why did you call me? Let's see if it's what I think."

The next moment, Yao Yuan said with excitement:

"Uncle Qiu, the subprime mortgage crisis has broken out in full force, and the international financial market will plummet again today."

"And this time includes the futures market, we must respond early!"

"In just one or two days, European and American governments and central banks are likely to join forces to rescue the market. Should we make a gesture?"

Before he finished speaking, Uncle Qiu started laughing.

"Hahaha, you are right, we should make a gesture!"