Rebirth 79: I opened a bank in the United States

Investing in Pioneer Pilot, apart from reaping the name of the largest shareholder that is useless, the substantive benefits will not be seen at all for the time being.

Of course, this is not based on the share of Pioneer Pioneer. It issued its own "principal preservation and appreciation" wealth management products that belonged to Black Flag Bank. It was frustrated by the FDIC, purely because of interest rates!

For the handling of money in the bank, the safest way must be deposits!

On the bank's balance sheet, the way depositors' deposits are credited is the bank's liabilities!Simply put, every dollar you deposit in the bank is equivalent to the bank borrowing one dollar from you!
Repaying debts is a matter of course!

Whether it is from simple personal emotions or from the laws of various countries, the requirements for this point are basically the same.Regardless of the bank's profit or loss for the year, if you borrow money, you have to pay it back!This is the real capital preservation. At least it is the capital preservation on the books.
And buying the so-called "capital preservation and appreciation" financial products is investment behavior!It belongs to the need for customers to bear the risk of loss!

In normal years, deposit interest rates go down, and as long as the yield of wealth management products is higher than the deposit interest rate, it will be more or less attractive to some customers who are not bad at money but like comfort.However.
These days are not normal!
In 1982, when deposit interest rates were high, the interest rates on deposits were even higher than that of the market. How should the rate of return be determined for the wealth management products you issued based on the Vanguard S&P 500 ETF, whose target is the constituent stocks of the market?

It is higher than the deposit, and the difference in the middle has to be filled by yourself.Even from a certain point of view, it is also a "capital preservation and appreciation" product, and it is also based on a conservative strategy to pursue a certain profit while preserving capital.
In China, it may be possible to directly promote it, anyway, if there is no law prohibiting it, it can be done; but in the United States, as long as you dare to play the name of capital preservation, you must do it. If there is a loss, then this is undoubtedly a violation of the requirements of the federal advertising law for the authenticity of advertisements
Even the FDIC, which acquiesced in what Carter did, required Carter to sign an additional contract similar to insurance when making this wealth management product: that is, if there is a loss in income, the bank will contribute to make up the difference
It cannot be said that it is exactly the same as the deposit, but it can only be said that it is played in a slightly different way. It is doomed that Carter will not be able to increase the interest rate of this wealth management product.Once it is too large, the consequences will be to lose money and die!

And if it is lower than the deposit, leeks belong to leeks, but don't treat leeks as fools!

"That's all, a little profit is a little bit!"

Until now, Carter has no choice but to be himself Ah Q.

Compared with not being able to loan out, the natural loss of putting it in the bank vault, throwing it into Pioneer, at least it can save a little loss.Following this line of thought, on the way to the New York consulate, Carter was also thinking about Douglas' situation.
For Douglas, Carter is confident.

If a large amount of money is poured in, it will never disappear out of thin air!The current predicament is only temporary, but Douglas has not fully digested these "supplements":
For example, in hospital projects, the first beneficiaries are definitely construction companies, construction workers, and people in building materials-related industries; and when they have money in their hands, they will drive the income of the tertiary industry.The tertiary industry, such as small businesses such as restaurants, sell more food, so they want to buy it?This can be transmitted to primary industries such as agriculture, forestry, animal husbandry, sideline fishery...

But the core, the hospital, the medical service itself, has not yet reflected the role of promoting the small economy of Douglas!However, Douglas, whose economy is recovering but has not yet reached the level of prosperity, can't provide any high-consumption places to stimulate people's consumption of idle funds other than simple survival needs and simple entertainment.

Coupled with the impact of the market environment, people generally do not dare to spend too much.This is an important reason why bank deposits have increased, but loans have not been too much.
When the hospital is put into operation, doctors, more patients, medical representatives and other high-net-worth people will pour in. These rich people cannot be easily dismissed by roadside stalls!

They have more spending power and more demand, especially the pursuit of higher quality.By then, loans will not be a big problem
If Carter himself described it, the situation in front of him was like the darkness before dawn.
"Mr. Black, I've seen you for a long time! Welcome to our consulate!"

With a longing for the future, I walked into the New York Consulate.
As an old friend of the Chinese people. Well, Carter, who can only be regarded as a new friend now, was immediately warmly received by the consulate.A commercial counselor personally led Carter into the VIP room on the second floor.
"I came here this time just to ask about the lease of pandas. Have you got an accurate answer from your side?"

After some innocuous greetings, Carter asked directly why he came.

Let’s talk about leasing giant pandas, but it’s actually very simple in terms of business logic.It is nothing more than a marketing-documentary-execution-shipment-after-sales process.
It’s just that the decision makers and executors in the various processes of giant panda business are a little bit special:

The marketing of the giant panda business is obviously personally carried out by the central government.The selection of the customer base is usually determined by them. Whether to rent or not, and who to rent to, they have the final say!
Then to the merchandiser, the merchandiser: Forestry Department.
Negotiations on the details of the contract, such as the amount of rent and the number of years of lease, are also negotiated by the Forestry Department.And after the official contract is signed, it is also up to the Ministry of Forestry to decide which farm will deliver the goods and after-sales.

If the central government is the big boss, then the Ministry of Forestry will play the role of the marketing department.

If everything goes well, the process will come to the next step. The two giant panda farms: Wolong Center or Chengdu Base, after receiving the order task from the marketing department, are responsible for screening out suitable giant pandas, packing them for delivery, and pre-sale or after-sale During service, send technicians to follow up and maintain.
It is undoubtedly a relatively long process to go through this whole process.But if only the first step is determined, Carter expects to get the result today, it should not be difficult.
"We guessed that you came here for this matter. The official document has not yet been received by the consulate. But the unofficial answer has already been given: no objection in principle!"

The Commercial Counselor smiled like a flower, and while pouring green tea for Carter, he introduced:

"In a few days, the Ministry of Forestry should send someone over to inspect the construction of the panda house. If there are no problems, we can sign the contract!"

"Hahaha, that's great! This is really the best news I've heard this month!"

"You're being polite, and we would also like to thank you for your positive response after we revised the method for pandas to go to sea! It can be regarded as a good start for the people of the world."

Carter:? ? ?