Legend of Xiangjiang Tycoon Chapter 340

Then Luo Shaoyong continued: "Kylin News Agency currently provides news services to 73 media, TV stations and individuals. Currently, the Kylin News Agency covers the entire Hong Kong, Macau, Bay, Southeast Asia and other places, and is established in the capitals of 55 countries. The reporter station and office use local resources to collect news for us."

"Kylin News Agency is the top priority. It is the core of the Kylin Media Group and the core of the operation of the entire group. If there is a problem with the Kylin News Agency, then the whole group will be blinded, like headless flies." Li Zhiwen Said.

"I understand, boss!" Luo Shaoyong said.

"In addition, the focus of Kylin News Agency in the past two years has been on Latin America, where there will be big news." Li Zhiwen said.

When Luo Shaoyong heard Li Zhiwen's words, his face was at a loss, what big news was there.

Li Zhiwen looked at Luo Shaoyong's expression and sighed, “Now the world is a whole. It is very likely that a butterfly in the Western Pacific will flap its wings and it will trigger a tsunami in the Eastern Pacific. Of course, this is an exaggerated statement. ."

"Since the 1970s, the Bald Eagle has promoted neoliberal economics to Latin American countries, and then under the influence of neoliberal economics, Latin American countries have opened their markets, exported large amounts of resources to earn foreign exchange, and removed restrictions on foreign exchange lending. Economic policies such as introducing foreign capital, opening up the domestic market, allowing foreign industrial zones to enter the domestic market, and reducing import tariffs."

"In this way, Latin American countries have slowly embarked on the path of borrowing to develop their economies."

"This is of course very good in the 1970s. Latin American countries are prosperous, economic development is growing rapidly, and the process of industrialization is accelerating."

"Catch up with the Iranian Revolution and the Iran-Iraq War since 1979, the oil crisis that broke out, and the sharp depreciation of the U.S. dollar. This gave the Latin American countries as debtors a taste of the sweetness. After all, the debts repaid after such calculations are much less."

"But since Paul Walker became the chairman of the Federal Reserve, he used tough measures to curb inflation. In June of this year, Paul Walker raised the US federal funds rate from the average level of 11.2% in 1979 to a record high of 19%. It also increased to 21.5% and adopted austerity policies. What will happen to Latin America, which is the world's largest foreign debtor? Let our financial expert Zhao President explain to us.” Li Zhiwen finished with a smile, and then took a sip of the food on the conference table. Tea, and now the juice behind Li Zhiwen fills up Li Zhiwen quickly, and then continues now Li Zhiwen looks at Li Zhiwen with admiration.

As a top student of Shanghai University, Lizhi has never heard of what Li Zhiwen said, so it is inevitable that Li Zhiwen would be worshipped.

Suddenly Lizhi thought about it, and felt a hand on his calf clinging to it, and he knew who it was without even thinking about it.

Because of the color embryo, Lizhi also lowered Li Zhiwen's score in his heart by 0.01 points for this reason.

However, Lijue is not good for growth. I am afraid that others will see the vision, so I can only keep close to Li Zhiwen and give Li Zhiwen a comfortable posture to enjoy.

Li Zhiwen was very satisfied with Lizhi's movements, his hands kept moving, but his eyes were fixed on Zhao Hezhuo.

When Zhao Hezhuo heard Li Zhiwen's name, he knew that this was giving him a chance. After all, since the establishment of Yulong Bank, it has been insignificant in its business and its reputation among Li Zhiwen's companies.

Therefore, Zhao Hezhuo considered it for a while, and then said: "The Fed's tightening monetary policy will inevitably lead to the appreciation of the U.S. dollar, which will cause a large amount of international capital to flow out of Latin American countries."

"Furthermore, the Fed's tightening monetary policy, coupled with the continued strength of the U.S. dollar, means that commodity prices have fallen."

"At the same time, the currencies of Latin American countries have depreciated, and the foreign exchange earned through resource exports has begun to gradually decrease, and gradually they will not be able to repay their foreign debts in US dollars."

"Furthermore, according to my observations, the debt structure of Latin American countries has also undergone major changes in recent years. The proportion of short-term debt has increased, which has increased the pressure on Latin American countries to repay their debts in the short term."

"So based on the above points, the speed at which Latin American countries cannot repay their foreign debt in US dollars will not be slow, but will appear in recent years, and it is even possible that the Latin American region will go bankrupt next year. "

"Impossible, how could the country go bankrupt? This is simply a fantasy." Zhou Junwen said with a look of disbelief.

"President Zhou, I only analyze the economic conditions of Latin American countries from an economic point of view. Take Mexico as an example. Although the Federal Reserve raised interest rates continuously from 1979 to 1981, the scale of capital inflows into Mexico continued to rise. The scale of inflows in 1979 was At 8.45 billion U.S. dollars, the scale of capital inflows in 1980 has reached more than 11 billion U.S. dollars, and it did not end in 1981, but the estimated capital inflows may also exceed 20 billion U.S. dollars." Zhao Hezhuo said.

"Then this is not a good aspect, then how can Mexico go bankrupt?" Zhou Junwen said.

"President Zhou, I haven't finished talking yet. What are you worried about? Although the situation in Mexico seems to be fine, the inflow of capital is unsustainable under the background of the Fed's tightening monetary policy, and the inflow of capital to the Bald Eagle has increased. , Capital inflows into other regions will decrease."

"Latin American countries that have developed their economies with foreign debts have no capital inflows. How can they repay their loans and use bulk commodities? Bulk commodities have fallen too sharply now," said Zhao Hezhuo.

"It's impossible to go bankrupt," Zhou Wen said.

"I'm just talking about a situation, and I didn't say that it will definitely go bankrupt." Zhao Hezhuo said.

"Okay, don't quarrel!" Li Zhiwen said, then patted Lizhi's calf and took his hand away from Lizhi.

Lizhi also understood Li Zhiwen's meaning~www.mtlnovel.com~ moved a stool from the side and sat beside Li Zhiwen, after all, he was touched by his legs.

And everyone didn't think much about it. Although Lizhi was a secretary, she was Li Zhiwen's secretary.

As soon as Lizhi sat down, a big hand was again on Lizhi's thigh.

You don't need to think about it, but the person is sitting on the stool and talking.

"I said this is not because of economic factors, but the news factor in which it is located. Regardless of whether Mexico will go bankrupt or not, there will be no less news. You can use this as a breakthrough to increase the popularity of Kylin Media Group." Li Zhiwen said.

"Yes, boss, I will focus on Mexico." Luo Shaoyong said.

"Well, that's good, and the situation in Argentina is also outstanding." Li Zhiwen said.

"I understand, boss!" Luo Shaoyong said.

Li Zhiwen was out of Argentina, just thinking of the battle of Falkland Islands. If he got any news in advance, he could also talk to Marguerite and get some benefits for himself.

Chapter end

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