Just turned over a new leaf and became a wise and intelligent student

Chapter 26 This kid is really awesome
"I wonder if Brother Cai has ever heard of the housing mortgage loans in America called "subprime loans"?"

Cai Wensheng was stunned for a moment and replied.

"I've heard a little bit about it, and it seems like the U.S. economy has indeed been a bit sluggish in the past two years."

"Brother Cai, it's not just a sign of fatigue."

In his previous life, Xu Qingshan was a master of success studies and a pretender in the cat-and-mouse game. He had done in-depth research on people's timbre, voice, and speaking rhythm. How to show the way you want others to see in front of you is also a science.

"The consumption model of the American social economy is basically overdraft consumption and credit loans. But this is based on the previous low interest rates. Last year, the short-term interest rates in the United States were raised again, and the subprime mortgage rates also increased, which will burst the false prosperity bubble in the previous American housing market."

Cai Wensheng didn't say anything. He was not a highly educated entrepreneur. On the contrary, he dropped out of high school. However, he had a strong filter for those who were knowledgeable and insightful, who could observe the world from a corner and who knew the laws of the world like the back of their hands.

This is the case with Li Xingping and Wu Xinhong. Now both of them are Cai Wensheng's business partners and right-hand men.

Li Xingping took charge of 4399, and Wu Xinhong later became the founder of Meitu XiuXiu.

Seeing that Cai Wensheng had no questions or objections, Xu Qingshan continued.

"The United States needs to rely on wars and economic plunder to maintain its prosperity bubble, but from the perspective of the international situation, the Middle East conflict has intensified since last year, the contradiction between the United States and Iran has deepened, and the United States has entered a dilemma. Last year, the United States invested more than $6000 billion in the Iraq-Afghanistan battlefield, plus the additional $1960 billion added by Congress this year. This time, the United States spent more than $8000 billion, but the gains were very limited."

"8000 billion US dollars?"

Cai Wensheng was a little shocked.

He only had some understanding of these things, and his focus was usually on the Internet. He had never expected that a high school student from a small county town could have such a grasp of the international situation.

"You mean, these will eventually affect the whole world, and also affect our domestic consumer market, and then bring about the sinking market you just mentioned in the consumer market?"

Cai Wensheng felt that he had somewhat understood what Xu Qingshan meant.

"Yes, and also wrong."

"The Iran-Arabia war has had a significant impact on the United States, but the harm caused by Wall Street is even greater. The Federal Reserve's fundamentalism and lack of supervision of the economic market have blown the American economic bubble to a terrifying level."

Xu Qingshan wanted to use this opportunity to thoroughly change Cai Wensheng's perception of him.

He is well aware of the role of personal image in people's cognition.

Lay a good foundation for your image first, and it will be easier to take the initiative in subsequent interactions.

There is a bit of truth in what Wang Xifeng said, "Hearing the voice before seeing the person."

"so?"

Cai Wensheng's interest has been completely aroused by Xu Qingshan.

He now urgently wanted to know what conclusion Xu Qingshan could draw from the above information.

"First is my first prediction, a global economic crisis."

Xu Qingshan paused, giving Cai Wensheng room to digest and accept it.

"The huge bubble on Wall Street is about to burst completely, and the impact on the subprime mortgage market will be magnified to the extreme. An economic crisis born in the United States should begin in the near future."

"There should be a big investment bank that will collapse and go bankrupt in the real estate market. Brother Cai can pay attention to the current news in the United States when he has time."

"If Brother Cai has real estate in the United States, he can consider selling it for a year before buying it."

"it is good."

Cai Wensheng's words were brief and to the point, but full of confidence in Xu Qingshan.

"The second is my second prediction, the US election."

"This US election is unprecedentedly dramatic. The four cornerstones of American culture: religion, race, war, and wealth are all undergoing tremendous changes. But there is one candidate I am very optimistic about. He has the combined advantages of the four cornerstones: Protestant faith, half black ancestry, a promise to [withdraw from Iraq within 16 months], young and energetic, and a Democratic candidate. For the American people who are being pushed into the abyss of war by the Republicans and cannot escape, he is a huge variable and a bright antidote."

"Barack Hussein Obama, he will definitely be elected as the first black president in American history."

"Oh, are you so sure?"

Cai Wensheng said with a smile.

"I believe in my own judgment. However, it is meaningless to talk about foreign countries all the time. Let me briefly talk about the domestic situation."

“The final prediction is the prediction of the country’s destiny.”

Xu Qingshan spoke slowly, but his words were powerful and left no room for doubt.

"I firmly believe that the next ten years will be a decade of rapid development for our country. We will not only survive this economic crisis, but also seize the opportunity to develop rapidly. Sino-US relations will enter an era of coexistence of cooperation and competition. Ten years from now, we will stand shoulder to shoulder with the United States, and even begin to surpass them!"

"I agree with what Buffett said: investing is investing in the destiny of the country, and investors should be patriots." "Brother Cai, seize this opportunity and keep up with the destiny of the country, and you will be the big winner."

Cai Wensheng was surprised.

It’s not that there are people who would talk about international events with him when they are chatting with him on weekdays.

But it is obviously just hindsight, or a summary heard from somewhere.

It's just a topic of conversation after dinner.

But this was the first time he had heard a prediction like Xu Qingshan's, which was so firm, bold, and without obvious logical loopholes.

The global economic crisis, the US presidential election, and changes in the national strength of China and the United States.

Any one of them is a major event that affects the world.

But the biggest problem now is.

Cai Wensheng discovered that he had a high degree of trust in Xu Qingshan's judgment.

"correct."

Xu Qingshan spoke as if he had just remembered something.

"Brother Cai, I forgot to mention that these impacts will simultaneously expand the base of the sinking market and downgrade the overall consumer market."

"Also, to be precise, Obama is also a grassroots person."

"I'm convinced, I'm really convinced!"

Cai Wensheng exclaimed.

He shook his head, feeling as if his brain had just been cleansed silently by this boy's words.

"Fuck, I really don't know what's wrong with your brain, as a teenager. If I knew so much about you when I was 17, I wouldn't have failed more than 20 times in my business at the age of 30."

Cai Wensheng cursed and sighed.

"Your sharp eyesight is built up from your experience of failure. Brother Cai, is that all for now? I will continue to review as well. I plan to strive for the top spot in the college entrance examination in my senior year of high school."

Xu Qingshan is well aware of the art of stopping.

The cleaner you get out of this, the deeper the memory will be.

He demonstrated his abilities, but was reserved when it came to content related to domestic Internet business.

"Okay, you've already taken too long today, but I won't be polite to you. I've decided to be your younger brother. When I return to Lu Island, I'll bring your sister and nephews and nieces to treat you to a meal. Then I'll take you to the project base on Lu Island to have a look."

"Okay, let's make an appointment then."

Hearing Xu Qingshan's calm answer, Cai Wensheng smiled heartily.

This guy is really awesome!

When Cai Wensheng reaches this level, his investment is no longer in business models or business plans, but in people.

And investing is not just about money.

Sometimes, in-depth personal connections and resource investments are more important for a dormant talent.

With just one phone call, Xu Qingshan was classified as a talent identified by Cai Wensheng.

Of course, this is also the result of Xu Qingshan's careful arrangement of details.

Reveal grassroots ideas and increase sense of identity.

Talking about my hometown in southern Fujian increases my sense of belonging.

Predict international situations and increase recognition.

These can be considered as small arrangements of the game, they are only useful to Cai Wensheng.

If it were any other Internet business tycoon, they might not even want to pay any attention to Xu Qingshan.

But so what? Xu Qingshan’s goal has been achieved anyway.

(End of this chapter)