Chapter 38 The joining of new partners
"The mutual influence of political instability and economic recession"
"Okay, the foundation of this paper has been built. Now it depends on whether Mexico is suitable for it." Mixue'er raised the manuscript paper in her hand, her slightly red face was a little proud.
"Ao... your work is done, ours is not yet. Damn Su, why should I throw the most annoying math to me!" John raised his head and found that Michelle, who was writing the paper, had completed the work, and her eyes, which were already bloodshot, were even redder because of staying up late.
"Stop talking, we are all math, and it's not just you." Mike next to him patted John on the shoulder and continued to lower his head to fill in the correct data. This was obtained by Michelle who found Citibank. The numbers of Mexico's foreign exchange inflows and outflows this year are accurate to every week.
Only Nancy, who had been copying information, did not speak. The black girl finally integrated into this small group and worked very hard. Even Su Jingzhen, who had always been disgusted with black people, had to admire her in her heart. If she helped Nancy change the skin and became a white man, then this girl would be more like a German than an American, who was very rigorous and very serious in her work.
Su Jingzhen and Joanna were whispering in the room at this moment: "I went back and checked all the cases involving Mexico in the past year, including investment cases, houses, agricultural products, etc. The amount involved reached more than 80 million yuan. Our firm is just a small law firm on Wall Street. There are so many cases, and the amount involved is also very large."
Su Jingzhen listened to Joanna's words seriously, without interrupting, nor did she express her own opinions. Moreover, Joanna really took the risk this time, so there was no paper document recording the data Joanna said, all depends on her own memory.
"I have also asked some colleagues, and even some analysts and traders. Now, Wall Street investment banks or individuals, if you estimate it conservatively, their investment in Mexico is at least billions. Of course, this is my own judgment, and there is no data to confirm it, but the data on where your classmates get the funds from Citi can indirectly confirm this judgment."
Su Jingzhen nodded but still didn't say anything. In fact, when everyone got the data, they already had a clearer judgment on this view. As long as anyone who has the ability to obtain this data can make such a judgment, it is not surprising.
"So I basically agree with your point of view now that when Mexico's political situation is unstable, everything their government has done before will disappear, and the market-oriented reforms and economic conditions that were previously optimistic by the international community will also fail.
So, I want to join your plan this time. In addition, I would like to recommend that you not enter the money market so easily. In fact, if the problem in Mexico breaks out this time, its stock market will also suffer a heavy blow. Compared with currency, the risk of the stock market will be relatively low. At least the level of the enemies we face will be different, and it is relatively weak."
Su Jingzhen nodded secretly. Actually, Joanna was right, but she did not see the essential problem. Mexico's economy has actually been positive in recent years. The international community is optimistic about it and believes it is a hot spot for investment, so foreign capital is constantly pouring in, but success or failure is also foreign capital.
Large-scale capital inflows (mainly securities investment) have increased Mexico's foreign exchange reserves, but it has also caused it to have a persistent and serious current account deficit. If the political situation is stable, the Mexican government will have the ability to slowly digest and convert these foreign capital. However, once the political situation is unstable, international funds are worried about risks and withdraw funds, Mexico will become a big pit, enough to lay everyone down.
If you have to find an example or place to compare it, then Dubai in his previous life would have some similarities. Dubai once wanted to be the financial center of Arabia in the Middle East. At that time, a large number of hot money did pour in. However, when the US subprime mortgage crisis occurred in 2008, financial institutions in various places drew blood and recovered it, Dubai was cheated. Once foreign capital withdraws, the most direct consequence was that Dubai went bankrupt. In the end, it was found that the Arab League was to replenish blood, so that it could barely survive the crisis.
"You know, we are not mainly for making money this time. Let's say that, we are not sure about making money. If we can guarantee the capital and not lose money, we will win. Several of my classmates and I are from Stern Business School. If this plan can be successful or our paper can attract the attention of the professors, we will be considered a victory, because such an experience can give us enough honors, whether in school or outside the school."
Su Jingzhen once again expressed his views. Although in his heart, he knew that he was sure to make money this time, but this could not be said because it could not explain why he could have such confidence and why the time nodes were so accurate. This could not be deduced by analysis and research.
"But I found that this opportunity was pretty good. When you talked to me a few days ago, I thought you were crazy, but it turned out not. Now it seems that I was crazy and dared to join such a plan.
You know, although I work as a lawyer on Wall Street, I never participate in speculation. I always think it is a kind of gambling, but now in you, I think it is not gambling, it is a kind of science.
Oh my God... I'm really going crazy. I actually think that speculation of the stock market is a kind of science..." Joanna becomes more and more excited as she speaks, which shows that her psychological activities are quite exciting now.
Su Jingzhen smiled, slowly stood up straight, and stretched out his right hand to Joanna: "Welcome to join, Lawyer Yuan."
With Joanna's joining, Su Jingzhen's small group gained a commercial case lawyer with certain experience. Whether it was the writing of the contract or the financial transactions between them, there was a lawyer to ensure each other's interests, which made John and the others more at ease, because all the money was transferred into Michelle's card.
"Everyone stop, Joanna has decided to join our plan this time. Cheer, we have a professional lawyer." After walking out of the room, Su Jingzhen clapped his hands to remind everyone, asking everyone to welcome Joanna to join.
Mike and John took the opportunity to stand up and applaud. John even walked forward to hug the female lawyer.
Unfortunately, John's little idea was not achieved, because Michelle took Joanna one step earlier.
"Can I express my own opinion?" After everyone had a moment of fighting and quieting down, the black girl Nancy raised her hand weakly, as if she had something to say to everyone.
"Nancy, don't be too disgusting. Just say anything you have. Everyone will listen carefully." Although Su Jingzhen was quite disgusted with black people, Su Jingzhen did not have this idea for the person in front of him, but instead gradually accepted this black friend.
"I just helped enter and fill in these data, but I found that Mexico's economy has been pretty good recently and the stock market is also rising. Why is this happening? Shouldn't the economy fall in unstable political situation?" Didn't you say that Mexico's economy would collapse? You can find opportunities to make money from it, but the situation now seems to be completely opposite. Nancy is a little confused about Mexico's economy.
Chapter completed!