Huayu: From an ordinary person to a happy director

Chapter 109 I Just Won't Admit It

Now that Shi Lei has informed the country of this matter, the country's losses can be reduced a lot.

CDS has made Wall Street in North America rich, and people outside North America are jealous and have always wanted to get in on the action.

According to "The Big Short", the subprime mortgage crisis had shown signs since 06. Wall Street in North America saw the crisis and tried their best to control it internally and delay the outbreak of the subprime mortgage crisis. They also resold CDS globally and tried to transfer the losses outside North America to the world.

Now that he has reminded us, state-owned assets will definitely not purchase CDS. As for individuals, it depends on whether the state notifies them or not. Shi Lei does not intend to intervene.

Han Sanpin covered the script, looked up and stared at Shi Lei, and asked, "Did you make up this script, or is it adapted from real events?"

"I bought this script abroad. I don't know whether it is real or not." Shi Lei did not admit it foolishly. In this matter, he was just handing over a script and he could only hand over a script.

"By the way, I didn't give you this script. I won't recognize it once you leave this door." Shi Lei gave another final reminder.

Han Sanpin was stunned and stared at Shi Lei: "You gave me the script, what are you afraid of?"

"I don't know what script I'm giving you. Mr. Han, what are you talking about?" Shi Lei looked confused.

He was going to North America to make a movie, but he didn't want to be beaten by Waltz.

His willingness to release this script has already made a huge contribution to the country.

It can be considered a contribution to the country.

"You..." Han Sanpin pointed at Shi Lei, speechless for a while, and finally couldn't help but complain: "There are only two of us here, you don't have to do this."

"Okay, Mr. Han, I won't do that." Shi Lei replied immediately.

"Now can you tell me, is this script true or false?"

"Script, what script?" Speaking of the script, Shi Lei played dumb again.

The subprime mortgage crisis is an economic crisis. Han Sanpin, as an intellectual, certainly understands the harm of economic crises. As soon as this script is brought out, even if he says it is fake, Han Sanpin will find someone to verify it. It doesn't matter whether what he says is true or not.

“You…” Han Sanpin had a thousand horses galloping in his heart, and he played dumb when the script was mentioned.

Seeing Shi Lei's puzzled look, Han Sanpin couldn't help but complain: "I think you shouldn't be a director, you should be an actor."

"Mr. Han, you're joking. I can be a director, but I'm really not good at being an actor." Shi Lei responded with a smile.

Actors need to be able to get into and out of a role. Good actors need a few months to adjust, but good directors don’t. After completing one film project, they can start the next one immediately.

He is not the kind of director who carefully polishes the script, shoots and polishes the shots, and is hesitant in editing. As the saying goes, one must have a conscience when doing business. It is a bit unkind of him to directly copy others, so he earns more now.

"Okay, let's not talk about the script, let's talk about the future of the global economy. What do you think?"

Han Sanpin was helpless, he couldn't wake up a person who was pretending, but it didn't matter whether the script mentioned it or not.

"The future of the global economy! This is such a huge topic that I don't understand it."

"Hmm?" Han Sanpin's voice sank.

Shi Lei was worried that Han Sanpin was really angry, so he could only say, "Okay~~Okay, I have some opinions about the global economy. I think the economic situation will be very grim in the next few years."

The first step for state-owned assets to survive the economic crisis is to avoid the CDS pitfall, and the second step is to sell products domestically.

There are many electronic products in China that are sold overseas. When the subprime mortgage crisis broke out overseas, many North American residents were unable to repay their loans, stocks plummeted, and North American banks went bankrupt, resulting in a decline in purchasing power.

The impact on China is that products cannot be sold, factories lose money and go bankrupt, workers lose their jobs, their purchasing power decreases, domestic product production capacity exceeds capacity, products are unsalable, and a vicious cycle is created.

In the past, China was able to overcome this difficulty through the "home appliances to the countryside" policy.

The "home appliance subsidy program" was a fiscal policy rescue plan announced by China in December 2008. It was intended to expand the domestic market in order to combat the rapid decline in export demand for consumer electronics caused by the global financial tsunami that began in North America.

Non-urban residents in China who purchase four types of products, including color televisions, refrigerators, mobile phones and washing machines, will be given a subsidy of 13% of the product price, with the maximum subsidy capped at 2 yuan (RMB, the same below) for televisions, 000 yuan for refrigerators, 2 yuan for mobile phones and 500 yuan for washing machines.

It also set up a network system, the "Home Appliances Going to the Countryside Information Management System", to conduct applications and reviews of end-channel dealers and provide services to the public, setting a world precedent in using information technology to implement fiscal policies.

In order to implement the national policy on promoting the development of home appliances in rural areas, the Ministry of Finance and the Ministry of Commerce, based on repeated investigations and studies, proposed a policy idea of ​​using financial subsidies to promote the development of home appliances in rural areas.

In order to promote the policy steadily, a pilot program of bringing home appliances to rural areas has been carried out in three provinces and one city in East China since December 2007, providing direct financial subsidies of 12% of the sales price for three major categories of products: color TVs, refrigerators (including freezers), and mobile phones.

The pilot project has achieved remarkable results, with farmers benefiting, enterprises gaining markets, and the government winning the hearts of the people.

Based on the experience of the three provinces and one city in conducting a pilot program of bringing home appliances to the countryside, the Ministry of Finance and the Ministry of Commerce believe that it is necessary to accelerate the promotion of bringing home appliances to the countryside so as to further give play to the policy effectiveness of fiscal subsidies for home appliances to the countryside in expanding domestic demand, improving people's livelihood, and promoting the construction of a new socialist countryside.

Finally, it was implemented nationwide.

The Ministry of Commerce and the Ministry of Finance predict that the fiscal subsidy for home appliances going to the countryside will reach 2008 billion yuan in 104, which will boost consumption by 9200 billion yuan. From February 2009, 2, the home appliances going to the countryside program will be promoted nationwide on the basis of the original 1 provinces and cities.

The number of products has also increased from four to eight. In addition to the previously launched "color TVs, refrigerators, mobile phones, and washing machines", this time the home appliances are now available in rural areas, including motorcycles, computers, water heaters, and air conditioners.

They enjoy the same 13% state subsidy as products such as color TVs.

Each province and city can choose two of these four products to promote based on the different needs of each region.

In 2010, sales of home appliances stimulated by policies reached nearly 3000 billion yuan, and are expected to reach 2011 billion yuan in 4200.

The huge market explosiveness has allowed domestic home appliance companies to enjoy an unprecedented sales feast, including Haier, Gree, Hisense, Midea, Skyworth and other home appliance companies.

Take Haier as an example. In 2010, it achieved sales of more than 500 billion yuan with the help of the policy of bringing home appliances to the countryside. Not only that, it also successfully expanded its sales network with the help of the policy.

According to monitoring, by the end of 2010, Haier had built more than 6000 county-level stores, more than 2 township stores and 12 village-level bases across the country. At the same time, it also built 91 first-level logistics distribution centers and 2000 second-level distribution stations for county-level stores across the country.

Then there is the data of trade-in.

Statistics show that in 2010, the cumulative sales of home appliances through the old-for-new program reached 3200 million units nationwide, with total sales exceeding 1200 billion yuan.

The total sales volume is expected to exceed 5000 million units and the total sales revenue will exceed 1700 billion yuan.

Home appliance stocks have been weakening since the second half of 2011, and their performance has been significantly weaker than the broader market. Under such circumstances, home appliance companies have been calling for continued policy stimulus, and the aforementioned statement by the Minister of Commerce can be said to be a positive response to the calls of home appliance companies.

The policy of bringing home appliances to the countryside boosted farmers' consumption and helped the country overcome the crisis.

The purchasing power of farmers has shown the power of the peasant class to people from all walks of life. Of course, it has also allowed capitalists to reach out to farmers. After all, if home appliances can be brought to the countryside, then cars can also be brought to the countryside. If new cars don’t work, old cars can be tried, so many second-hand car resale stores have appeared in small county towns.

What’s even more outrageous is that some capitalists want to move real estate to the countryside. This statement is wrong, it should be called "farmers moving to the city."

Some experts have put forward various suggestions. Simply put, it is to let farmers give up their self-built houses in rural areas, buy houses in cities, and then drive to the village to farm.

In order to force farmers to move to cities, capitalists have promoted various policies, such as prohibiting self-built houses.

Especially after 23 years, policies have changed very quickly.

Unfortunately, farmers are not fools. They really need those home appliances, and they only buy real estate when they need it.

Since real estate cannot trick farmers into becoming buyers, it can only jump.

Leaving aside the real estate collapse of later generations, the country did find a good solution to the economic crisis in 08, but his influence was too weak to be brought up again.

So he just said that the economic situation this year is very serious.

He wanted to fool around, but Han Sanpin disagreed, "You said the economic situation is very serious, why?"

"Boss Han, you know me. I'm a director, not an economist. I can only see that the economic situation is very serious, but the reasons are not obvious."

"You..." Han Sanpin wanted to curse, but finally held back and continued to ask: "Why do you think the economy will be so severe? Have you received any news?"

Shi Lei spread his hands and said with a smile: "Mr. Han, this is no secret on Wall Street. It is easy for economists to verify whether it is true or false."

Han Sanpin frowned slightly and wanted to continue asking, but Shi Lei suddenly said, "Boss Han, I suddenly remembered that I didn't turn off the natural gas when I cooked at home. I need to go back and turn it off. I'm leaving now and will visit you again when I have time."

Without waiting for Han Sanpin's reply, he walked towards the door. Suddenly, he turned around and said, "We will bring anything here today."

Then open the door, walk out, close the door, and leave, all in one go.

Han Sanpin stared at the empty office in a daze for a while. Shi Lei's behavior made him want to curse. He stuffed a script into his pocket and refused to admit that he was the one who took out the script. Then he talked about other things and ran away without saying a word.

If it were someone else, he would definitely throw the cup at him, but Shi Lei is a well-known director both at home and abroad, so he needs to be treated with a certain amount of respect and not beaten or scolded at will. Otherwise, if he plunges into Hollywood and never comes back, the domestic film market will suffer huge losses.

But what should we do with this Big Short script?

……

Forget it, let’s ask someone!
It will be a big trouble if you hand it in without confirming it!
Han Sanpin took out his cell phone and made a call. After a few pleasantries, he asked directly, "Old friend, do you know about CDS and subprime loans?"

"That's what I'm saying. Do you think I know this?"

"It's like this, I heard a piece of news and I don't know whether it's true or not. Can you investigate it?" Han Sanpin continued.

"Hmm? What's the news? Tell me."

"It's like this. I heard that North America has relaxed loan restrictions. Well, let me give you an example! A dancer at a North American KTV bought a house with a loan, and found that the house price was rising faster than the loan interest. So she came up with the idea of ​​speculating in real estate. She mortgaged her house to buy a second house, and then bought several houses in a row, using the increase in house prices to repay the loan interest." Han Sanpin said in a clear voice.

"This is normal! There are many people speculating in real estate in China, so why do you want to do it too? Go ahead and do it, there will be absolutely no problem. However, not all the houses you buy can be registered in your name. You should buy one for yourself, one for your spouse, one for your son... You know the rest."

Han Sanpin frowned. Who told you to speculate in real estate? He could only remind her, "But this is a dancer. Can a dancer also have money to speculate in real estate?"

"Well, high-end dancers are rich, right? For example, somewhere like Heaven on Earth."

Han Sanpin wanted to curse, I'm talking to you about serious matters, and you're talking to me about heaven and earth. With his status, is this something he can talk about?
"Who told you this is heaven on earth? She's just an ordinary dancer in North America, a low-class dancer. And I heard there are a lot of dancers like this who speculate on real estate in North America. Is this news true?"

"Huh? A lot? Are you sure?" The voice on the other end also became serious.

"Didn't I ask you to check? You should have some connections there."

"Okay, I'll help you check."

"Hurry up, I need to know the result within another month. I heard that house prices in North America have fallen sharply, and Wall Street is preparing to sell CDS to our country."

"Hmm?? What do you mean? Did you hear anything?"

"What I received was not rumors, but a script." Han Sanpin couldn't help but complain in his heart, but he didn't mention the script, just said: "Yes, I received rumors that there will be a subprime mortgage crisis in North America, that subprime borrowers can't repay their loans because of falling house prices, and eventually CDS will collapse layer by layer, and that North American banks will go bankrupt in a big way."

"Are you serious? Don't scare me. I begged a friend in North America for a long time, and he agreed to take me to play CDS some time ago, and he sold it to me for 100 million."

Han Sanpin frowned when he heard this: "You bought it? I suggest you don't buy it yet. Go check first to see if there are many subprime borrowers who can't pay back their loans."

"Thank you for tipping me off, old friend. I know what to do now."

"By the way, this is a state secret. Don't tell anyone from now on." Han Sanpin warned.

"State secrets? Is this something I would know?"

"You are conducting a secret investigation now. No matter what the result is, just keep it secret."

"The country has a professional economic investigation team. You should let them investigate."

Han Sanpin thought for a while and said solemnly: "I will report this matter in a month, even if it is not investigated clearly. This will affect my career. Old friend, please help me. I owe you a favor."

"What do you mean by human relations? Given our relationship, this is nothing. Besides, this is also for my own investigation. I will check it now and give you the answer within half a month."

----

On the other side, Shi Lei had returned to his villa and was about to have a good rest when a call came from Yang Mi.

"Brother Lei, I miss you. Can you come to visit the set of "Legend of Sword and Fairy III"? "A delicate voice rang out, making my heart itch.

"Ahem, I'll go in a few days."

"Why wait a few days? I miss you so much that I can't sleep now. Brother, please come and see your sister."

Shi Lei couldn't help swallowing his saliva and said with a smile: "Haha, naughty, I'll go over tomorrow."

(End of this chapter)