The Federal Reserve's interest rate hike has led to real estate problems, and the United States is now targeting this kind of dollar easing, that is, he is now giving a sum of money to allies, giving a currency swap to a dollar, and then giving money to domestic banks in the United States, and then directional acquisitions, after he finished.
Nowadays, many people take the interest rate of the treasury bonds of the previous years, and then lend them out at that time, and then get them, and then they can't stand the interest rate difference of the current treasury bonds, and they make interest rate differentials in the financial system, and it is difficult to lend them to the real industry.
And now the person who talks about Hong Kong and the one who talks about finance is called Mr. Lu, and he just said that to put it bluntly, you have to have momentum for money. MV, no speed, you don't have to have the real economy to drive or something like this idling, it's over. Musk has said it several times, saying that the economy is going to thunder, and Musk must be right.
I think it's the same, it's supposed to start a cycle of interest rate cuts this year, right?
Some time ago, it was still hype, and the hype was probably going to cut interest rates in March, right?
Including saying that the employment data is back, so everyone includes some officials around the beginning of each year who are speaking out, and this year it has come and gone, but I think it's not fundamentally whether the United States can have a soft landing, if you say that your inflation finally falls below two, right? And then employment can still be stable, but you are slowly cutting interest rates is also very idealized by us.
Unlikely. It's too idealistic, isn't it? I think it's too idealistic.
The whole world just says that every time you don't do this kind of thing, you want to do it, you want to do it, and every time you do it, it will be thunderous.
In 08, the real estate in the United States has now begun to have problems, and the real estate problem is that the housing price is too high, that is, the interest on the housing price is high, and many debtors have bought houses but cannot afford to pay the interest.
It's very similar to the '08 in the United States. If you say that, I suddenly remember, I was last year around October, I saw a commercial housing mortgage interest rate in the United States, it seemed to be more than 7 points, right? is this data, right? is indeed relative to his federal benchmark interest rate, because you yourself your federal benchmark rate is more than 5.0%, of course your home mortgage to go up to 7~8 is normal, indeed this is also very high, higher than before.
And then because a lot of them are thunderstorming now, because my original boss Gary is an American, and his daughter-in-law Anna is in the real estate business in Miami, and he has already reported it some time ago. There's already a problem, right? They're pro-Democrat, Yale's master's degree, and then he's out of his classmates or something, there's a lot of professors and whatever, and then they feel like they're in crisis very quickly, because he's hiding back now, where can they hide now? They are not optimistic about gold now, they are not like Buffett to save cash, and cash in hand is king.