Reborn Dubai As A Prince

The drop in oil prices caused another round of turmoil in the international economy.

The bulls suffered a painful blow. The crude oil and futures bought at high prices fell below the price they bought before they were sold. When faced with the falling prices, many futures traders could not bear it and had to close their positions at a loss.

Goldman Sachs was also shocked, but they still spread their optimistic remarks, thinking that it will inevitably rise back to 150 US dollars. Now it is just a normal shock in the crude oil market after OPEC announced the increase in production.

It's just that the following facts will continue to slap Goldman Sachs in the face. After the oil price hit the $120 line, instead of rising back as expected, it also fell at a faster speed.

In the ensuing month, the major investment banks on Wall Street panicked one after another, the stock price of Lehman Brothers began to make people worry, and their financial situation was questioned by all investors.

Not only Lehman Brothers, but Merrill Lynch, one of the five major investment banks, also encountered economic difficulties. In order to prevent the chain reaction of bad debts, Bank of America intends to acquire Merrill Lynch.

Under the combined attack of the financial winter, the oil price fell again and again. When the 31st day of summer came, the oil price in New York fell below $90 a barrel in intraday trading. It was nicknamed "the coldest summer in the United States".

After going through this series of blows, the minds of speculators have become numb, the cold winter of the global economy has become inevitable, and the soaring oil price is just the madness before death.

Only then did people suddenly realize that the prince of Dubai had made the right bet again!

He has always been pessimistic about the high price of crude oil. Although he did not explicitly say that it would fall sharply, when international investment bank analysts refuted him, saying that he was nonsense, the prince did not respond.

But he just insisted on doing things with his own point of view, shorted the futures market, led the UAE and Japan to sign an oil trade worth tens of billions of dollars, and fixed the price at $105.

When insiders thought he was crazy, a young man who had succeeded too much, this time he was going to fall hard this time; when everyone in the family was a little worried about whether he had made the wrong bet, fate was on his side again.

The outside world did not infer how much business the prince has done from the low-key investment. Only some royal families including Dubai and the United Arab Emirates clearly know that Sahil is making crazy money again!

When he was long, he invested 1.5 billion US dollars to play ten times leverage, which contributed him a net income of 20 billion. When he switched to shorting the oil price that was about to plummet, it is expected that he could more than double his principal.

This time and again, he entered the market with 1.5 billion at the beginning, all kinds of empty hands, but when the game ended, he took away more than 40 billion US dollars... Crazy speculators brought him countless dollars Endless benefits.

Going long at the beginning, now shorting, earning 40 billion in less than two years!

He also earned tens of billions for all the royal families and families who participated in the crude oil digging game!

This is no longer a man, he is a god!

Throughout history, there are not many people who can achieve the same accuracy as him!

Betting on the financial crisis, he won the limelight; bearish on the oil drama, he also showed god-like foresight and won a big victory.

What else can't he do?

Now that he has made money, he will wake up with laughter in his dreams. Of course, there are also people who lose money so much that they can't sleep day and night, dripping with cold sweat --- the first to bear the brunt is naturally the Japanese who have cooperated as much as 60 billion US dollars.

The outside world was once envious that the Japanese made a net profit of billions without doing anything! When the Japanese and speculators were also celebrating in the joy of finding a big boss to cooperate with, the nightmare soon came.

Now crude oil is maintained at 88 US dollars, but Japan needs to pay a unit price of 105 US dollars, although the cooperation between the UAE and them has a price reduction formula, which can be reduced to a minimum of 85 US dollars.

But there are prerequisites. It does not mean that the contract price will change immediately when the market price fluctuates. It must use the average unit price since the beginning of the cooperation to the specified time to make a reasonable reduction.

It is estimated that when it can be lowered, all the money Japan has earned in the past will be vomited out-the Japanese who know the truth almost want to vomit blood.

The Japanese smile froze on his face.

It never occurred to me that this group of cunning Middle Easterners dug a hole and waited for them to jump!

Countless bangs resounded in the cloudy sky of Japan, but they didn't think about it, the smiles when they made money at the beginning, is this also a conspiracy of the Middle East?

The world is fair when you make money, and if you lose, blame others? No one will pay attention to the noise of the Japanese. The contract is written in black and white, and the money owed must be repaid, and the difference must be made up!

The Japanese do not have the ability to go back on their word and tear up the agreement? That would only offend OPEC and the second largest crude oil supplier, ruining their own future in advance.

It can be said that this is destined to be a cooperation with broken teeth and swallowed in the stomach.

Japan can only ask for more blessings, and hope that the beautiful "$150" described by Goldman Sachs can rise again, and no matter how bad it is, it will rise to $105. Don't let yourself fight bloody.

The oil refiners and gasoline companies involved in the trade can only hold back their tears and use money to make up for their losses. The most directly damaged people are still the people at the bottom.

The soaring prices made the mood in Japan depressed, and even triggered several demonstrations and protests, and the voice of the Prime Minister resigning became more and more intense.

Under the double offensive of the sharp drop in international crude oil and the financial crisis, in just half a year, all companies and enterprises in Japan that participated in the crude oil agreement had a deficit in their accounts!

More than 50 executives with annual salaries of millions or tens of millions of dollars resigned, or were investigated by the board of directors, and those who stepped down finally stepped down, and those who lost their jobs lost their jobs.

There are also dozens of companies around the surrounding futures, securities, and stock investments, large and small, caught in the quagmire of the sharp drop in crude oil, and even two well-known futures traders, desperate, committed suicide by swallowing drugs!

It also once affected the cabinet of the Japanese government. The people protested that the government had made an unprecedented stupid decision, and blamed them for the economic deterioration and skyrocketing unemployment rate.

There are three high-ranking officials who can't bear the blame and step down, and the prime minister's position is also lost... This financial turmoil is almost turning Japan's summer into winter.

From the enterprise to the bank, from the bank to the government, from the government to the people, either directly or indirectly, they are all affected by the 60 billion oil bill.

Even though the measly 60 billion yuan is not too serious compared to the Japanese economy, it was the trigger for the worsening of the financial crisis. It opened the gap for massacres and made Japanese society howl. .