The Underground Emperor: Starting with Running Away with His Sister-in-Law

This immediately reminded Ding Xin of another time and space.

If I remember correctly, around the same time last year, the United States experienced a severe subprime mortgage crisis.

The trigger was the housing market.

After that conversation, Ding Xin became especially cautious.

after come back.

Ding Xin immediately set to work, hiring a professional accounting team to travel to the United States to conduct a detailed investigation and analysis of their current housing market situation...

Also.

I also took the opportunity to inquire about the hot investment projects on Wall Street.

Especially those with high risk and high reward.

Since they belong to two different timelines, Ding Xin didn't know if this world would actually experience a subprime mortgage crisis...

Therefore, we can only try to gather as much intelligence as possible first.

If there's any sign of it.

Ding Xin would definitely not let go of this opportunity to make a fortune!

for this matter.

Ding Xin took it very seriously and was willing to spend money on it.

To this end, Ding Xin specifically provided the accounting team with ample research funding.

For the past two months.

The team not only reviewed a large number of bank data reports through their network, but also personally visited most of the United States.

The feedback received was generally pessimistic.

Let’s use an analogy.

In South Korea today, although housing prices are not as outrageous as in the United States, they are still rising rapidly.

However, that's where the difference lies.

Even though South Koreans know that housing prices will rise, those who can't afford it still can't afford to buy.

Even if you want to get a loan, it's very difficult.

In South Korea, loan approvals for low-income individuals are very strict.

But America is different.

The team discovered that American banks' mortgage loan reviews were practically non-existent.

Even beggars on the street can apply directly.

And approval can be obtained very quickly.

This is ridiculous...

A homeless man who has no job and makes a living by begging on the streets every day.

Privately, he turns out to be a multi-millionaire with several properties and a net worth of millions of US dollars...

These houses just can't be eaten...

Besides.

The team also discovered a phenomenon.

In most rural communities across the United States, vacancy rates are alarmingly high.

The owners of these houses all have one thing in common.

He owns several properties, but they are currently all under seizure.

I can't renew my bank loan...

shocking!

As the research deepened, the team found it increasingly incredible.

There are various signs.

The current state of the American housing market has severely deviated from market economics...

Fortunately, it didn't concern me.

After the survey was completed, the team compiled a comprehensive summary of the findings.

After a professional report is generated.

All the feedback was relayed to the employer, Ding Xin.

In the report.

It details the team's observations and experiences in the United States and presents various data analyses.

To demonstrate the team's professionalism.

The data analysis concluded with suggestions for the team.

They were unaware of Ding Xin's true purpose in hiring them, only assuming that Ding Xin might own multiple fixed assets in the United States.

I want to conduct a risk assessment.

and so.

The team concluded that Ding Xin should sell all of his American real estate holdings in the near future...

To avoid future losses.

Also.

As requested by Ding Xin, the team also specially selected three Wall Street venture capital firms.

These three companies are all very strong.

then.

Currently, the riskiest yet highest-return product among these companies is a project called CDS...

CDS is essentially a form of insurance.

It insures the risks of bonds, which is essentially a betting agreement between the foundation and the bank...

To put it more intuitively.

It's about shorting the US housing market...

Chapter 209 Pig Butchering Scam

at the same time.

In a responsible manner, the team also provided corresponding opinions in the report.

Or rather, a reminder.

The employer, Ding Xin, was reminded not to participate in the investment of CDS products.

after all.

Today, the United States is not only the most powerful country in the world, but also the world's economic center.

And the housing market.

It is also a pillar industry of the United States.

If Ding Xin were to buy CDS, it would be tantamount to predicting the downfall of the entire American economy...

This investment.

To put it nicely, the risk is too high.

To put it bluntly, it's just too far-fetched...

The United States is now South Korea's father, and the team that Ding Xin hired is entirely composed of South Koreans.

In their view.

The CDS product is a money-losing proposition.

A housing crisis in the United States may occur, but a complete collapse is pure fantasy.

So finally.

The team noted in its report that the American housing market may see a wave of price reductions in the future.

However, the price reduction will not be too significant.

The more likely scenario is that the pain will be short-term.

After all, everyone dreams of living in America, and every year a large number of dreamers go to America to settle down and develop their careers...

on the basis of.

Even if some of the lower-income borrowers default on their loans, it's not a big deal.