Chapter 1027 Control the World Pattern
Of course, if Citigroup also accepts this kind of contract, it will not be able to stay out of it when the storm comes.
Even Li Changheng himself couldn't tell when the thunder would explode.
And he also overlooked a common sense error.
In 1975, European countries and island countries really needed the US dollar as a settlement currency because of import and export reasons.
However, when the U.S. dollar is decoupled from gold and has not yet been linked to oil, the demand for U.S. dollars in countries around the world is not as great as imagined.
Sitting in the office of Citigroup headquarters, Li Changheng watched Taylor Garnell and three highly educated Citigroup analysts report on the prospects of subprime mortgage portfolio financial products in three days.
I wondered to myself, whether to push the dollar and oil-linked things.
Judging from the total economic and trade volume of the United States with major economies such as island countries and West Germany mentioned in the report, the United States has actually been losing money over the years to support these countries to fight against red polar bears.
But even so, a large part of the money that countries such as island countries and West Germany can really make is earned back by major companies in the United States.
In the end, the money that the island countries and West Germany can earn is between one billion and three billion. This makes countries such as the island countries and West Germany even if they want to use these dollars to buy high-tech products in the United States, but they have to stay. Reserve a large portion in case of a rainy day.
In other words, even if these allies want to invest in value preservation, the real money that can be invested in the US real estate and financial fields is not as much as imagined.
In this way, the prospect of subprime financial products may not be too high without a catcher who only fools investors in the United States.
If it is just a market of billions of dollars, with 2 or 3% of the revenue, even if Citigroup monopolizes it, it will only make a profit of tens of millions to 100 million US dollars.
Not to mention, it is impossible for Citigroup to monopolize the market of subprime mortgage portfolio financial products.
But as long as the U.S. dollar is linked to oil, the demand for U.S. dollars in various countries will show an explosive rise.
Even if it is a short-term investment of 3 months, some interest is charged for value preservation, and the US dollars appearing in the market will be estimated in tens of billions.
And once the United States reaches a compromise with the local tyrants in the desert, the local tyrants will lift the oil embargo on the United States, and the Americans will use US dollars to search the resource world, then the local tyrants can use oil to search the United States.
For a long period of time in the future, the trade between desert tyrant countries and capitalist countries will change from an annual profit of more than a billion to tens of billions a year, and even reach a surplus of hundreds of billions in more than 30 years. .
With such a huge amount of dollars in their hands, the desert tyrants who have made a lot of money will definitely be forced by the United States to invest heavily in the United States again.
Thinking that it is just the country of Sartre, there will be tens of billions of dollars waiting to be spent in the next few years.
Li Changheng immediately made up his mind to help the United States realize that the U.S. dollar has become the settlement currency for oil.
He waved Taylor and others out of his office. After thinking about it, he picked up the confidential phone and called several senators.
After the meeting, Li Changheng convinced a large number of congressmen on his side just by talking about the benefits of the US dollar as the oil settlement currency.
Then they promised that a large number of media under Hearst will follow up and interview them in a large number in the future.
This kind of thing that is obviously beneficial to the United States and capitalists, and can gain a lot of political capital, and can also show off in front of the public, is honey that politicians cannot refuse.
Then Li Changheng secretly met with several bigwigs in the navy, hinting that they could get more military expenses while doing trouble.
On the other hand, it is clear that the exchange rate of the US dollar will rise in the next year or two.
It is not difficult at all to find a qualified trader and make a profit of 20 to 30%.
Of course, in the long run, rising exchange rates are not all good things.
The situation at the beginning was that a large number of countries had to buy a large amount of dollars to buy crude oil because of their demand for oil.
The increase in the demand for crude oil payment will inevitably lead to a shortage of US dollars in the market, and then the exchange rate will rise.
The dollar is more valuable, which means that the purchasing power of ordinary people and capital in the United States has greatly increased, which is a good thing.
But since the U.S. dollar is linked to oil, a more valuable U.S. dollar will inevitably push oil up.
The rise in oil prices has once again led to an increase in the operating costs of all walks of life in the entire capital world, and then commodity prices have risen, increasing the consumption costs of residents.
The money in the hands of ordinary people is worthless, which will reduce consumer demand, and the decline in consumer confidence will cause the US economy to show signs of slowing down or even recession.
Then the exchange rate fell, and the dollar depreciated again. Finally, the Americans had to print more dollar bills and put them into the market again, using the hegemony of the dollar to search the world.
And once the Americans play rogues, the trust of allies in him will decrease.
After the polar bear falls in the future, it is really not a big problem to use this trick once or twice, but Americans never dared to really damage their credibility when they were chased by red polar bears in the late 1970s and early 1980s.
In this way, the degree of economic recession in the United States will become more serious.
If it weren't for the fact that the economic field was bad, the red polar bear was even worse, and it invaded Abu Khan. It's really hard to say who will win.
——
After talking with the boss of the navy, Li Changheng approached Randall Hurst again, and after securing media resources.
Then he called Benjamin Arthur, who had just taken over as president. After the two had a secret conversation for a long time, Li Changheng was officially appointed as a special envoy within a few days, and took Annie to London on a private plane.
Negotiations with Downing Street encountered huge troubles from the very beginning.
Eager to shake off the devastation wrought by the oil crisis, England now has the chance to take a bite out of America, and of course it's a lion.
Interest-free loans, arms aid, larger and more comprehensive economic and trade cooperation and preferential policies, and a series of political demands made Li Changheng almost turn the table.
Suppressing his anger and leaving the negotiating table, Li Changheng implemented the preliminary plan as soon as he left Downing Street.
The next day, I met Thatcher, who had just become the first member of the Conservative Party, at his Castle Howard in North Yorkshire.
This meeting was not kept secret from the outside world. The reason is very simple. Li Changheng hopes to test the pressure on Wilson through the Conservative Party.
And Thatcher, because of Wilson's record of winning four general elections, even if each term was not long, conservatives had to adopt a strategy of wooing any forces that could be wooed.
Not only can Li Changheng represent the royal family to some extent, but his influence on the great nobles of England and the local capitalists in London is definitely a force that no one can ignore.
Not to mention that he is the special envoy of the President of the United States this time.
Coupled with his influence in the United States, to a large extent, as long as he has his support, the winning rate of future elections will increase by at least half.