the longest dream

Chapter 562 Embracing the Subprime Mortgage Crisis
"In January this year, Apple released the first generation of Apple smartphones, which caused a huge shock among Apple fans, and sold 60 units that month."

"But in fact, in December last year, Huawei released the first smartphone of the Huawei brand. The quality and functions of the mobile phone are not bad. Unfortunately, the response is far worse than that of Apple. Just like Apple mobile phones are far inferior to Motorola in the eyes of non-fruit fans. .”

"First of all, the price is too expensive. The price is 499 US dollars, while Motorola Q is only 99 US dollars. Microsoft CEO asserted: No one will buy such an expensive mobile phone without a keyboard. Calculated according to the current exchange rate of 1:7.3, plus tariffs , Apple's domestic price is 4262, and Huawei's mobile phone is priced at 4000, which is far beyond the normal consumption level of ordinary people."

“当下主流手机品牌包括诺基亚、HTC、摩托罗拉等，他们有直板和翻盖手机，配置 2.5英寸屏幕、64和弦铃声、32MB运行内存、128MB存储空间、30万像素高清摄像头以及丰富的 Java游戏软件资源。

Most of the high-end phones from these brands support the newer and faster 3G networks, while both Apple and Huawei only support the slower 2G networks.

Most other phones have GPS and Bluetooth, but smartphones don't yet.While other phones have removable batteries and expandable storage, smartphones don't either. "

"But there is no doubt that it has a 3.5-inch LCD screen with a resolution of 320x480 and 163ppi, a quad-band 2G EDGE digital radio, 802.11bg Wi-Fi, a 200-megapixel camera. 1400 mAh battery, built-in 128MB RAM. There are two based on NAND flash storage is available in 4GB and 8GB respectively. An accelerometer that can automatically rotate the screen to match the orientation of the device, a proximity sensor that can automatically turn off the screen when it is close to a human face, an ambient light sensor that can automatically adjust the brightness, and so on. The series of cross-age super experience is destined to trigger an epoch-making change in the mobile phone industry!"

"And the mobile phone industry's use of high-end chips can also feed back the semiconductor industry very well. Not only hardware, but also the development of the software industry and software tools can play a very good catalytic role. All in all, this track is for us. Say, don't miss it."

At the annual meeting of the Strategic Investment Committee of Phoenix Fund, Zhang Qing made a key speech.

Jin Xing, deputy director of the committee, asked: "Since it is so important, why should the mobile phone business cooperate with Huawei?"

Zhang Qing said with a smile: "It is impossible for us to occupy all the tracks. Now it is enough to attract people's attention."

Li Chudong pondered for a while and said: "We have cooperated with Huawei, and have purchased a large number of Apple's tradable shares in the past few years. Are we sure that we will make a profit?"

Zhang Qingdao: "This is the second thing I want to talk about today. Starting today, all US stocks held by the foundation will be sold before 08."

Everyone was taken aback, Wu Man said: "The number of US stocks we hold is quite large, not only Apple's stock, but also Microsoft, Google, Amazon, Cisco, Facebook, Occidental Petroleum and the four major US banks..."

Zhang Qingdao: "Especially the big four banks, they don't keep a penny."

Cai Li pushed the glasses on the bridge of her nose, and said: "As far as the current situation is concerned, there is no sign that the United States has entered a period of full-scale recession. The relationship between Chief Brown and us is also very good. The key is that we have no other better investment direction. The domestic market cannot accommodate such a huge amount of capital. What’s more, we do not recommend further increasing domestic investment.”

Zhang Qingdao: "After 911/911, Brown launched a large-scale policy of tax cuts and interest rate cuts in order to revive the American economy that was devastated by 11/2000. Tax cuts are nothing but interest rate cuts. The rate cuts were as many as 6.5 times in three years. The interest rate level in the United States dropped from about 2003% in 1 to 2003% in [-]. This is equivalent to saying that the interest rate in the U.S. financial market in [-] was already close to zero, and the U.S. seemed to have become a country overnight. A borrower's paradise.

American bankers are the most 'innovative' in the world. Taking advantage of the ultra-low interest rate, they invented a new financial product - subprime mortgage.They realize that as long as the environment of ultra-low interest rates remains unchanged, they can take the opportunity to ignite the real estate market, and the method is the 'financial innovation' that these people are best at.The introduction of subprime mortgages can be said to kill two birds with one stone: financial innovation and the boom in the real estate industry complement each other, which can bring them endless new wealth.Although it is not the first time that subprime mortgages have been proposed in the United States, this time it really brought subprime mortgages into the foreground of history. "

Hearing the sarcasm in Zhang Qing's tone, Cai Li said, "You mean, there will be problems with subprime mortgages?"

Zhang Qingdao: "You can check it out. In just a few years, the scale of the financial derivative market dominated by various subprime mortgage securities has reached tens of trillions of dollars, which is several times the total GDP of the United States. When housing prices rise The problem is not big. Once the house price falls, even if it just stagnates, there will be a big problem. Now I don’t know when the thunder will be detonated. We must get out before the thunder is detonated, and after it is detonated, we must fight back , continue to hold the stocks of these companies for a long time.”

Zhou Enyi's eyes lit up and said: "After all the sales this year, do you want to backhand a wave of short selling?"

Zhang Qing thought for a while and said: "Register several independent funds separately, and short-sell in the bond market on a small scale. But in any case, it will be after 08. Don't hold on to the idea of ​​making a lot of money, just make a small fortune. You guys You must be clear in your heart that once the crisis is detonated this time, it will be of unprecedented severity. We should not be blamed by others, you should know how shameless the bald eagle is."

But even a small amount would be an astronomical amount given the current size of Du Juan.

Apart from Bitcoin, this time is probably the last time Zhang Qing enjoys a feast of financial gluttony...

……

Nanchizi clubhouse.

After three days of business talks, today is considered a private reunion with old friends.

Seven years have passed, and the four former college friends have matured too much...

But private gatherings are more relaxed.

west garden.

Cai Li looked at the pavilions, flowing water, and rock gardens, looked up at a fish pond and saw the blue sky, and said with a smile: "The weather in Pingjing has become so good, does it have something to do with our group spending so much money on tree planting?"

Zhang Qing said with a smile: "We dare not take the credit for this. Saihanba started decades ago."

Cai Li said angrily, "I didn't say it was all due to us!"

Zhang Qing said with a smile: "There must be. Hebei, Mongolia, Shaanxi, Gansu, and Xijiang, all the way west, the group has planted almost 5000 million trees. If you add the fast-growing forests in southwest, Jiangsu and Zhejiang, then More."

Wu Man's legs were aligned, sitting like a little girl rarely, and said with a smile: "Sometimes when I look back, I always feel that it is unreal like dreaming. When I was studying, many people said, don't have too illusory thoughts. To everyone For most Huaqing students, being admitted to Huaqing is actually the pinnacle of their life. In the future study and work, they will gradually find that they are becoming more and more ordinary, even mediocre. At that time, they must have never expected , will do so many great things after graduation.”

Jin Xing said: "The day before yesterday I was reading a post on the Internet, and I saw this saying: Why do some people think that he can compare with the hard work and accumulation of three generations of our family after studying hard for ten years. Do you think this sentence is right? ? This argument doesn’t hold true for us.”

Li Chudong shook his head and said, "You are a survivor bias. Looking at it now, as college students become less and less valuable, the possibility of getting ahead after ten years of hard study is getting smaller and smaller."

Cai Li said: "The key point is that there is a very disgusting and self-righteous logic. They think that the wealth of their three-generation family is due to the hard work of their grandfathers and fathers. This is too shameless. Before the 90s, working in a factory Workers are regarded as iron rice bowls and golden rice bowls. But how do factories recruit new ones? Hereditary and irreplaceable! These people occupy the best means of production in the country, and their lives are far better than a billion farmers. Looking back Come to laugh at people's ancestors for not working hard enough? This is simply not human."

Jin Xing said happily: "I prefer that many people think it makes sense."

Li Chudong smiled: "There is another kind. Now there are many people on the Internet who reverse the case for the landlord for the fruit party, and regard them as a symbol of civilization. In fact, if Qiao Zetao and his like say that, it's fine. Then grandsons and ancestors were intellectuals. The Republic of China was able to live well. But there are still so many ordinary netizens who follow the trend. Don’t they know that if there is no land reform, their ancestors will starve to death, and they are all tenants? So it’s hard to say about the Internet. I feel that although there are many people talking, it does not represent the real public opinion. If this thing is not well controlled, it is easy to be controlled by others.”

Jin Xing said: "If you control it, you will complain, and if you let it go, it will cause chaos. It is not easy to deal with. Don't talk about online public opinion, it is the academic world. As long as the management is a little stricter, a group of academic bosses will immediately start to speak out, and they will persecute the academic world again." , I don’t respect academia, and I drive a historical X car. But you dare to ignore it, you go to see their funds, apply for half of it and put it in your own pocket. As for daily life, eating, drinking and having fun, all bills will be reimbursed. He? When I go to nightclubs to pick up girls, I always ask people for invoices. After a sum of funds, 03% can be used for scientific research, which is considered conscientious. We have cooperated with many university laboratories, but since [-], these cooperations have become more and more serious. They come less and less. We have to cooperate, and I would rather go to Hong Kong Island or the United States. It’s not that we are not patriotic, we can’t afford it.”

Zhang Qing laughed and said: "There is no way. The academic world is just a shadow, and other circles are the same. A while ago, my senior sister Wang Zitong showed me a Hong Kong Island movie shooting report. It said straw hat, The unit price is 2000 US dollars, order [-] pieces. The bulb is [-] RMB, and order [-] pieces. I faxed the list to Zhao Lin and asked her what she thought. She said with a wry smile, this is the current situation in this circle, from procurement to production film, trying to make money, if you can make a fortune, it’s a fortune.”

Wu Man asked: "Then what do you say?"

Zhang Qingdao: "I had someone copy ten copies of this bill, enlarged it, and posted it on the bulletin boards everywhere in Hengdian. Then the industry notified to drive out such crews. The world is so big, what happens outside, we can't control it, and we can't control it." It doesn’t matter. But within our ability, whoever dares to mess around, we will let him have no food. It’s fun to cheat investors’ money once or twice. Who will invest money in this kind of mess in the future? If we don’t engage in formality, it’s our jobs that are ruined. This is indeed a muddy world, but as long as we don’t follow the trend, we can always create a clear landscape.”

Several people applauded, and then laughed together.

While talking, Qi Taihang and Zhang Tiange came in with their four younger siblings to say hello.

Wu Man and Cai Li saw Zhang Yuexin, the fifth child, bringing her younger sister Zhang Yueyi over. The two of them were very surprised, and each hugged the other.

The four boys stared at Jin Xing and Li Chudong...

Jin Xing couldn't hold back his smile and said: "You watermelon, you will have six children in the blink of an eye, and we are not married yet!"

Zhang Qing smiled triumphantly, and Qi Taihang helped his father show off: "Uncle Jin Xing, Zhang Yueyi is going to have a younger brother soon. Mother Zhou said that she will give Zhang Yuhao and Zhang Yuchen two younger brothers next year!"

Li Chudong's face was distorted, he looked at Zhang Qing and said, "The family planning plan is not in your family?"

Zhang Qing said with a chuckle: "The two of them are from Hong Kong Island and the other is from Singapore. What's the plan?"

A group of people were speechless, Jin Xing and Qi Taihang smiled and said: "Little Tangyuan, I heard that you and Yuanbao have started to attend the Dujuan Group board meeting? Do you understand?"

Qi Taixing shook his head, Zhang Tiange said with a smile: "Father said, let my brother and I observe their expressions when they quarrel."

Jin Xing said with a smile: "Then did you observe anything?"

Qi Taihang and Zhang Tiange looked at each other, then looked at their father, and then said: "Mother Zhao is very powerful, and everyone is afraid of her. But she usually doesn't speak. Once she speaks, no one quarrels. Me and My younger brother thinks it’s not about talking too much, it’s important to say what works.”

Jin Xing, Li Chudong, Wu Man, and Cai Li all laughed. Li Chudong gave a thumbs up and praised: "It's amazing, it's accurate."

Zhang Qing smiled and said: "It's not that if you talk less, it will definitely work, or you may not be able to get in your mouth. Why does your mother Zhao's talk work? Is it just because she sits in that position? No, many companies can't do well. In the end The reason for the bankruptcy is that the CEO's words are not effective. The reason why Zhao's mother's words are effective is because of her past efforts and continuous learning, so that the decisions she made over the years are all correct. This is the major premise of her effective words If you feel that you are my son, if you can sit in a high position in the future, your words will be useful, and then many people will laugh at you in the future."

Qi Taihang and Zhang Tiange stood at attention and nodded together, and replied: "Father, we have made a note."

Zhang Yuhao and Zhang Yuchen, who are three years younger, also echoed: "We also remember!"

Zhang Qing smiled and said, "Go and play."

The six children left together.

After they left, Wu Man smiled and said, "You taught the children too well, didn't you?"

"good?"

Zhang Qing said with a smile: "Just be good in front of me, and you are very mischievous outside. But at present, everyone loves sports, loves to study, and has a strong spirit. But what will happen in the future, it's hard to say, and I don't force it."

Li Chudong said: "It's definitely not bad. As long as there is no internal fighting in your family, it will only become stronger and stronger in the future."

Zhang Qing said unhappily: "It's not like you haven't read the foundation's regulations. No matter how much they fight among themselves, what's the use?"

Before Li Chudong opened his mouth, he saw Qi Taihang rushing back again, saying, "Father, Uncle Li Zijun, Uncle Hu Zimo, Uncle Cao Qiang, and Aunt Qiao Yue are here."

Gee!
Why does Zhang Qing feel that there is something wrong with this little bastard's eyes?

……

(End of this chapter)