Reborn in America, I'm serious about making money.

Zhang San doesn't care about the situation in Shanghai; he's currently in North America.

At this time in North America, the subprime mortgage crisis had spread like wildfire. Banks collapsed one after another, the stock market plummeted, a large number of houses were foreclosed, and people were plunged into panic and despair.

"Boss, was there no way to avoid all of this?" Amy threw herself into Zhang San's arms when she saw him return.

On television, the crisis is spreading across North America. Many people are being evicted from their homes because those places no longer belong to them. There are also cases of evictions where people refuse to leave their former homes; when North American police enter, the occupants grab a stick.

Then... "Bang!"

That was the end of it; he was no longer responsible for those things.

"Things have been chaotic lately, so we need to bring enough bodyguards when we go out."

Zhang San has a reason; people who have lost their property are emotionally unstable.

On Wall Street, some people were holding signs, others were littering—it was chaotic. This time, it was far more chaotic than Zhang San had ever known in his previous life.

"The situation outside is worse than we imagined," Amy said in a somewhat somber tone, describing the situation on Wall Street. But Zhang San shook his head and said, "They're not the ones who are suffering; they've shifted the crisis onto others. The whole world is footing the bill for Wall Street."

On the internet, many people are spreading the message that Lehman Brothers may have problems, and that the problems are serious.

"How is Leman doing now?"

"It looks good," Amy said. "Leman may just be having some temporary difficulties." She didn't think Leman would have any problems. The company had a history of over a hundred years and had witnessed the growth of North America. During that time, it transformed from a grocery store into a financial institution. It was a very ambitious investment bank.

"We've joined the short-selling army. Lehman Brothers might be finished." Zhang San pointed to some data and the stock prices of several investment banks. The stock prices of these companies were all falling.

Zhang San first posted on his rarely used account on a mainland social media platform: "Since we have encountered the greatest difficulty, but the difficulty is only temporary. After this difficult time, new hope will come. Everyone, keep up with me, and everything will get better."

It was the middle of the night, yet a large number of people were suddenly drawn out.

"Holy crap, Zhang Liubao has spoken out! What does he mean? Is the subprime crisis really coming?"

"Judging from Zhang Liubao's words, is it only temporary?"

"I believe him, I won't sell."

"Hmph, I believe him too."

"You've been fooled by him; he's definitely trying to get you to take over his losses."

"Heh... He didn't sell any of his properties here. He said to follow his lead, so let's wait for his signal."

"Heh... Don't let him fool you."

……

Zhang San ignored all of that and started posting an article on his North American Facebook page, saying, "I have some friends who say it's possible to short the New York stock market, but I don't know if it's true or not. However, they say it's my only chance to turn things around, so I sold Stephen Realty, haha..."

On Facebook, he posted pictures of his life, his closeness to nature, and his simple lifestyle.

"I have a small farm in California, and I feel great here."

Many people gave him a thumbs up.

On the other hand, countless funds began shorting Lehman Brothers, and every time the price rose, a large number of sell orders appeared. Not only that, some people even opened short positions to speculate on future price increases.

Many people are in a hurry now because their stocks are too high, especially those that bought two houses of real estate.

More than 20 funds have made a fortune, and those who came in later are following in their footsteps and joining the ranks of short sellers.

Starting in February of last year, mortgage loan risks began to surface. Hong Kong's HSBC Holdings increased its bad debt provisions by $18 billion for the first time in its North American subprime mortgage business, while North America's largest subprime mortgage company reduced lending.

Less than a month later, in March, the company declared itself on the verge of bankruptcy. To avoid bankruptcy, the company announced it would lay off half of its employees and shortly thereafter filed for bankruptcy protection.

In July, subprime mortgage bonds were downgraded, causing major turmoil in global financial markets.

In the same month, Basestone's hedge funds were on the verge of collapse.

In August, the real estate investment trust filed for bankruptcy protection.

……

In 2008, Leman began to experience instability...

Many people believe that a large company like Lehman should not fail, that it is too big to fail, because once it fails, it will create a chemical reaction like dominoes, causing everyone to fail.

However, Zhang San knew that the management in North America would not bail them out, nor would they dare to. He remembered that they owed more than 600 billion US dollars.

He couldn't remember exactly, but he had lost a lot of money. As for whether there was anything strange in between, how would he know?

How does he make money?

"Increase short selling!"

That's the only way to make money. Before shorting or signing a betting agreement, you have to give those unlucky guys hope.

"North American administrators will definitely save Lehman. If Lehman falls, there will be huge turmoil throughout North America."

"Both houses can't collapse, otherwise things will be even worse."

"Provide emergency funds to save them."

……

As expected, after these comments were made, both Fannie Mae and Freddie Mac saw price increases.

"Haha..." Zhang San laughed happily, just like a big kid who was eight years and three hundred and several months old, and he was very happy there.

At this moment, he was the only one in the room. As for Amy, he didn't want her to know that he was making money during the crisis.

He's a good person, he's always been a good person.

He provides the world's best mobile phones and mobile phone chips, and he deserves a large part of the credit for the world's best mobile phone operating system. Under such circumstances, who would still say that he is not a good person?

It's estimated that only America will be cut.

Many people were hoping for an official statement from America, but they were disappointed.

By September, Lehman Brothers announced that its debts totaled $6143 billion and it was beyond saving. At this point, the global financial tsunami began to sweep across the world, though North America was largely unaffected and relatively few banks collapsed.

The situation is much worse in the island nation. They bought a lot of these bundled toxic assets and are now starting to have headaches. They don't know how to make up for this deficit.

"These North American guys, how could they do this..."

Not only island nations, but other regions have also suffered losses to varying degrees. In addition to setting aside $1.8 billion in losses last year, HSBC has set aside another $3.8 billion in losses this year. At the same time, they will sell their North American bond company to recover some of the losses.