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Chapter 372 2007

"Pursist oil price increase!" Of course Wang Qiang knew how fierce this move was: "Second only to the direct oil cutoff, right?"

Su Su smiled and said: "A direct cut off the oil route is a full-scale war, and it will not reach that point. It was later proved that rising oil prices are also internally harmful to the United States, so I won't talk about this for now. I will only talk about what it means for oil importers like China if oil prices rise?"

Wang Qiang said in surprise: "Of course, I have to give more US dollar foreign exchange when buying the same oil!"

Su Su smiled and said, "What?"

Wang Qiang calculated his fingers and browed: "Routine, force the RMB to appreciate?"

Su Su smiled and said, "By the way, according to the exchange rate game, the appreciation of the RMB seems to be able to 'change' more dollars, which can alleviate the pressure of rising oil prices. However, the other party has the final say. If the other party keeps pushing up oil prices, will the RMB keep appreciating?"

Wang Qiang said in surprise: "That's what I said just now. After the appreciation, the foreign investment circle ran away after the money was over!"

Su Su smiled and said, "Is it very unsolvable? If the RMB does not appreciate, I will grit my teeth and buy high-priced oil. When it appreciates, I will wait for someone to slaughter! Moreover, the other party's ruthless move has not been completed yet. Even if the oil rises, even soybean grain and oil will also rise. China's arable land is limited, and soybeans are all counted on the United States to import. This is another blow to China's weakness to force the RMB to appreciate. Faced with such a ruthless move, can China not surrender?"

Wang Qiang became interested: "How to solve it?"

Su Su smiled and said, "Let me talk about the most exciting stock market turmoil in 2007. Does Brother Qiang know about 2007?"

Wang Qiang browed: "I know, the stock market rose crazy in 2007. Any vegetable seller who doesn't know anything can make money by throwing it away and buying a stock before throwing it away!"

Su Su nodded: "Yes, any old stock investor will remember 2007, but the beginning of the incident was indeed in 2005. That year, China's stock market was at its lowest point. That year, China seemed to be under the pressure of rising oil prices and various pressures from the United States, and began a long journey of appreciation of the RMB. As I said just now, the appreciation of the RMB is conducive to attracting foreign capital. There are two types of foreign capital, one is to come and run factories and invest in industrial technology, such as Volkswagen in Germany. This is the most popular thing in China, even if it is to run a sweatshop. In the past, China only needed this kind of foreign capital."

Wang Qiang understood: "Then the other is international hot money?"

Su Su said in a deep voice: "Yes, international hot money is the most terrifying. They are not interested in investing in factories and industries. They only go in and out of two places, stock markets and real estate markets. What they play is fast in and out, big in and out, pushing up stock prices and house prices and then rolling up money and running away, leaving a depression. In 1998, Southeast Asia's financial crisis made the four Asian dragons, which once falsely prosperous, become historical terms, was the deal of international hot money!"

Wang Qiang was moved: "Financial tycoon Soros!"

Su Su nodded: "China used to not welcome international hot money, but it was closed markets. This was accused by the West of the United States of America of not being open enough, and then China opened up. Do you think China is very obedient?"

Wang Qiang sighed: "I feel very embarrassed."

Su Su smiled and said, "In short, the appreciation of the RMB is the most attractive to international hot money. In 2005, China used the appreciation of the RMB to bet on international hot money. Then the consequences were. From the lowest point in July 2005, the Chinese stock market began to rise all the way. This is a shocking pit that China dug for the United States! At this time, the United States was just talking about the subprime mortgage and was very excited. Someone urgently needed to come and send money to take over. For the Chinese stock market, the United States' goal is very clear - pigs are fattened and killed! But who is the pig?"

Wang Qiang said in surprise: "The result is that we won? But this is what I don't understand very much. There are so many American masters, and I'm just hitting it?"

Su Su sighed: "This is a shocking strategic scam that two generations of leaders have been deploying for more than ten years. There are too many aspects involved. Here is another one, the 2008 Olympics!"

Wang Qiang said in surprise: "Can a sports activity affect the country's destiny?"

Su Su laughed out loud: "Yes, sports activities are just a sports, it's just a way to use the international platform of the Olympics to change the image of China being hacked in Western media. As a result, we are talking about the national blood. The century-old Olympic dream has come - Brother Qiang, has your family ever had a century-old Olympic dream?"

Wang Qiang sighed: "Brother understands, remember that the whole nation was calling out at that time, and the stock market would never fall before the Olympics."

Su Su said in a deep voice: "Yes, at that time, the whole people were at ease to trade stocks, and even state-owned enterprises flocked in, pushing the stock market to 6,000 points, and then pleaded that they could break through 10,000 points. At that time, almost everyone was crazy, and even the international hot money who were originally planning to withdraw money and run away were confused. They suddenly found that their calculations were wrong. The money in Chinese people was beyond imagination, and the pigs did not fatten up!"

Wang Qiang understood: "So they became pigs!"

Su Su sighed: "Yes! On October 16, 2007, all investors were unforgettable for their lives."

Wang Qiang frowned: "Many investors have been trapped in trouble, right?"

Su Su smiled and said, "Just treat it as taking over for the country. Because just this month, the subprime mortgage crisis in the United States finally couldn't recover because no one took over. DUANG's outbreak, and this day symbolized the starting point of the official decline of the United States!"

Wang Qiang was amused and crying: "It is said that the US subprime mortgage crisis triggered the Chinese stock market, but it turned out to be the opposite?"

Su Su smiled and said, "Encourage the angry emotions of stock investors, but people should also remember that when international oil prices rise wildly, domestic drivers feel that oil prices are rising wildly?"

Wang Qiang was stunned: "Yes, it seems that it only increased a little, but not much."

Su Su said in a deep voice: "This is the power of giant state-owned enterprises. Sinopec has been vomited blood by international oil prices. The domestic market will not rise. This is unimaginable in capitalist countries. This is the efforts made by the state for the people. In fact, this is also a strategic scam. In the 1990s, China resold many small and medium-sized state-owned enterprises. In the eyes of the West, this is taking the path of capitalism, but in fact it is to focus on the big and let go of the small, get rid of the burden, and make giant state-owned enterprises stronger."

Wang Qiang understood: "It's the same with the high-speed rail. The high-speed rail has not made any profit for many years, but the ticket price has not increased."

Su Su nodded: "Yes, whether it is Apple in the United States or Samsung in South Korea, the West is very aware of the power of giant companies, especially when this company is not necessarily for profit, but for national strategies, and is even more afraid. So during that period, there were many arguments about 'privatization of large state-owned enterprises'. Needless to say what those people are, right?"

Wang Qiang also laughed: "I understand."
Chapter completed!
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