The richest man starts with a blind box

Chapter 1154 The dead friend is not dead

"There is absolutely no problem with the U.S. economy! Our path is correct, and prosperity is inevitable. Although there may indeed be some crises right now, this problem is actually not a problem at all!"

"We see that the source of this crisis is the subprime loan. What is a subprime loan? To put it bluntly, it is a housing loan. The buyer borrows money from the bank to buy a house, and then is responsible for repaying the mortgage every month. This is Subprime loans!"

"So subprime loans are mortgages, and mortgages are definitely the safest loans in the world, and the least likely to have bad debts? Why, because mortgages are secured by the house, if you can't repay the mortgage, the bank can immediately Take your house away."

"Everyone, the house is the most real hard currency in the world. You can sell it casually. And now the housing price is also rising. The house bought with a loan of 10 US dollars before is now worth 15. dollars."

"If the buyer can't repay the mortgage, the banks and institutions have the right to take the house back for auction. The 10 loan is released in exchange for 15 dollars in assets? Isn't this profitable?"

"And considering that the buyer may have actually paid off the mortgage for several years, the bank may have recovered 15 to 20 US dollars, and now they have sold their house for [-] US dollars. It is an income of [-] U.S. dollars, and the net profit is doubled!"

"So subprime loans are impossible to pay back anyway. Banks and institutions are making a lot of money. This is the most valuable investment project in the world, and there will never be any problems!"

"All of you, don't believe the things that are rumored on the Internet. Everyone knows that the Internet is a place outside the law. You can't find yourself talking there, so whether you deceive people on the Internet or malicious fraud, spread It doesn’t matter if there is some fake news, there is no legal responsibility for that.”

"So what you see on the Internet is that the subprime mortgage crisis is about to emerge, that the stock market is about to face a large-scale crash, and that all Wall Street institutions are fleeing, etc. These are all lies fabricated by scammers on the Internet , are you lying to me?"

"What? Why do you ask these liars to lie to you?"

"Isn't that hard to understand? Of course it's to buy the stocks in your hands at a low price. Now that these crooks see the high income of subprime loan products, they all want to buy them. They don't want to buy from us at a high price. So I came up with this kind of malicious means and rumors to suppress the stock price, to deceive you to quickly sell your stocks at a low price, so that they can take orders at a low price."

"These are the calculations of those shameless Wall Street financial institutions. Not only did none of those financial institutions run away, but they are still staring at your accounts, waiting for you to sell those assets that are like gold at a low price. Let them make a lot of money by themselves, this is the mystery of the so-called subprime mortgage crisis!"

"Ordinary people wouldn't tell you this at all, that is, I treat my fans as my own family and explain the truth to you. Don't be fooled, or it will be too late!" said a man in a suit. The middle-aged Mediterranean in leather shoes was speaking hoarsely to all the audience on a TV program.

This is because he is a well-known financial analyst on TV, so no one knows what kind of record this financial analyst has, but according to the prompt on the TV station, this financial analyst has created a The super master who turned 1 US dollars into a 12 US dollar miracle should have no problem.

Recently, more and more U.S. stockholders have begun to pay attention to the sudden subprime mortgage crisis. After all, their own stocks have plummeted several times.

And just at this time, all kinds of messages suddenly appeared on the Internet, what a huge financial crisis is about to come, what financial institutions on Wall Street have all run away, what may be hundreds of people in the future every day Wall Street performs trapeze.

All kinds of gossip such as this also made people panic in the market. Fortunately, TV, newspapers, magazines and other media are trying to refute these rumors, telling everyone that subprime loans are safe, and don't be deceived by rumors.

In general, the rumors were successfully refuted, and the market is actually still stable. After all, the major stock indexes still rise more and fall less, and there is still 00 Network, a demon stock that keeps breaking world records. No matter how you look at it, this is a thriving market. Market environment, financial crisis or something is absolutely impossible.

So seeing that Wall Street's tricks are about to succeed again, let them successfully calm down the irritable situation, and continue to stealthily withdraw funds from the quagmire.

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"How much money has not been withdrawn?" In the headquarters of Goldman Sachs, Dr. Cooper's face showed a rare impatience.The last time such emotions appeared was when they were facing off against the Jiangnan Group.

"Sir, we still have 80% of the funds, which means more than 4 billion U.S. dollars, are trapped in this quagmire and cannot be withdrawn!" Dr. Cooper's secretary said with his head down.

"Why are your movements so slow? What are you doing for food? Don't you want me to teach you such a basic operation?" Dr. Cooper said angrily.

"Sir, the colleagues below have not left the company for the past three months. Everyone has worked very hard, but it is too difficult to withdraw funds now."

"Because almost all institutions on Wall Street are withdrawing their funds from subprime mortgage projects. The total amount of funds is as high as a terrifying $9 trillion. Now everyone wants to flee."

"But now it is impossible to expect that other Wall Street institutions will be fooled and come to take orders stupidly. The only ones who can take orders are those retail investors. But how much funds these retail investors have, we can only escape bit by bit. At the same time, we have to compete with other institutions for funds, and there is no way to slow it down!" The secretary explained in a low voice.

Some readers may not understand it too well. To put it simply, the funds in the subprime mortgage crisis are like a swimming pool, and now the water in the entire swimming pool wants to escape.

But they can't directly open the drain valve, because in this way, a terrifying vortex will be formed, which will startle everyone outside the swimming pool.

So they can only wait for the taps outside the pool to release water, and escape as much water as they put in.But it is impossible for a small faucet to fill the entire swimming pool without 10 days and half a month.

How could Dr. Cooper not understand this kind of truth? In fact, he understands better than anyone else that Goldman Sachs' trapped funds may be difficult to escape, so he can only use these methods to vent his bad feelings. Emotions, by the way, throw the pot away again.

"I asked you to start withdrawing funds a year ago. How could your reaction be so slow!" Dr. Cooper said sadly, while the new secretary tightly closed his mouth Mouth, some words can only be held in the heart, how dare to say it out!

That's right, we discovered the crisis a year ago, but you, the boss, said that Goldman Sachs still has at least one year to go, and we can wait until the time limit of one year is up, and leave after earning the maximum benefit .

As a result, the deadline is up now, but if you want to get out and leave, how can there be such an easy thing in the world?Don't you see the whole Wall Street establishment wanting to get out?
There is no regret medicine in the world!
The secretary was still slandering in his heart, but Dr. Cooper on the side gritted his teeth and made a decision.

"No, you can't stay here any longer, and run away slowly with them, then everyone will be finished!" Dr. Cooper said with a fierce expression on his face, "It doesn't matter, you go and convey my order, let the trading department Close the building, close all external communication channels, confiscate everyone's communication equipment, and at the same time send people from the security department to directly monitor everyone in the trading department!"

"Ah!" The secretary was taken aback. How does this order sound like everyone in the trading department is going to be imprisoned?

"There is nothing to be surprised about, because confidentiality is the most important part of our next operation!" Dr. Cooper regained his composure, and said in an indifferent voice, "I will give you three days to use Get ready, after three days, we will sell all the assets related to subprime loans in our hands!"

"Don't have any hesitation, throw them all at once, even if the price is directly reduced by more than 10%... No, I will give you the authorization to reduce the price by 30%. At all costs, use the shortest time to sell all 4 billion US dollars of assets, Even if only 600% of the last US$4 billion is left, we won’t have too many losses, on the contrary, the entire cash flow can be re-enriched!”

"Remember, throw away all the assets related to the subprime mortgage at all costs and as quickly as possible!" Dr. Cooper issued this order that made his secretary look terrified after hearing this.

"Sir, if we do this, the entire market will collapse, and all the colleagues on Wall Street will be full of anger at us!" The secretary said cautiously.

Because Dr. Cooper's order is too detrimental, the entire Wall Street has actually maintained a tacit understanding, working together to maintain the stability of the market, fooling those idiots into the game, and then slowly escaped.

Although this speed is slow, it is better than stability, and everyone has a chance to escape.

But Dr. Cooper's order is equivalent to pulling out the drain valve regardless of the life and death of other people, and he is the first to rush down.

Therefore, most of Goldman Sachs' funds should be able to escape, but at that time, no matter how stupid retail investors are, they will understand how terrifying the subprime mortgage crisis is, and no newcomers will dare to enter the subprime mortgage market. Even if the latter institutions want to sell their assets and stocks at a low price, they may not be able to sell them at a low price.

Dr. Cooper wanted to escape by stepping on other people's corpses. Wall Street wouldn't hate Goldman Sachs to death.

(End of this chapter)