I'm not Doraemon, I'm just a salesman

After saying that, he gently raised his hand, and like magic, bundles of banknotes were disappearing out of thin air!

53.Ultimate loan debt

For Qiming, there are actually some things that he cannot fully control.

Many of the props themselves have no understanding at all for him, just like compound interest banks or other props. These things have no 'reason' to follow.

Holding a rope, grabbing the rope and climbing into the universe - the truth of many props is not so much a principle, but a simple and absurd causal relationship.

The same is true for the characteristics of interest compounding banks——

Relying on the interest stored in this bank, after the death of the holder and the closure of the account responsible for storage in the compound interest bank, all interest rates will stop, but the money will still exist objectively.

On the other hand, the same is true for the 'loan' project. No matter what happened to the holder during his or her lifetime, as long as he borrowed the loan, the loan will not disappear after his death, but will become completely stored in the interest compounding bank. A 'legacy' on the account.

However, this inheritance is not a forced inheritance, but according to the law, immediate family members and even unrelated people can be required to inherit it.

So what's the cost?

It's very simple. If you inherit the loan in this account, you must bear the corresponding 'debt'!

That makes sense, doesn't it?The laws of most countries are like this. Inheritance and debt are of the same origin. Obtaining an inheritance is equivalent to getting a debt!

Mike deliberately made such a deal before being arrested for the safety of himself and his family.

He borrowed this money, so as long as he dies or is willing, he can drag everyone into the water.If their attitude and treatment towards him are good enough, then Mike will cooperate with them and then use the 'deposits' in the compound interest bank to offset the loan problem.

And how much did Mike sign the loan contract for?

Qiming looked at the loan contract from Comparison Bank in his hand. It was very simple. It only stated the loan amount, loan date and name.

Loan amount: $15 trillion

Loan time: ten hours

Lender: Mike Donnell (deceased)

Although the math is not very good, Mike obviously chose a very subtle time.

The corners of Qi Ming's mouth turned up slightly, and he smiled happily.

After ten hours of interest compounding, the amount of 15 trillion will be 38 trillion. That is to say, after deducting the 15 trillion that was loaned out and Mike’s own inheritance of 16 trillion, the recipient of the inheritance will have to pay an additional [-] Trillions of debt.

Even if Mike's existing account deposits of 16 trillion are subtracted, this tree is still an exaggerated debt of [-] trillion.

Doesn't it seem like no fool will take over?No, because the 'lending' of a compound interest bank is different. Its lending does not generate money out of thin air like storage, but directly takes profits from the extractable market!

Everything that can be converted into a loan amount will be converted by the compound interest bank into the amount of the loan itself - of course, if the borrower cannot repay the loan until the moment it is 'wiped out' by the bank, the loan amount itself will also be returned.

After all, debts are canceled after death, which is one of the rules of the bank.

It's just that the debt will indeed be 'eradicated', but that must be based on the premise that you do not inherit the other party's 'inheritance', or the debt itself is part of the inheritance.

But Mike made a good time difference and opportunity - maybe he realized that he had the possibility of being ripped off, so he simply prepared such a loan contract before he was caught, and signed it on the compound interest bank. All the accounts opened are accounts in major banks in Lighthouse.

In this way, he can ensure that if something happens to him and he cannot use the compound interest bank's regular business to offset his contract, then the compulsory collection of the 'loan' will be triggered immediately, and then the final contract will be forced to take effect and begin. To the point of completion!

He may die, but he will definitely drag the entire Free Lighthouse with him!

Because interest is interest, and this was a loan contract signed before his death, the interest will still not stop calculating.But he himself died after taking out the loan, so his principal would be directly frozen by the compound interest bank, waiting for someone willing to take on the debts associated with the inheritance.

Because the loan itself has already taken effect, he successfully caught a loophole in the compound interest bank itself that is not considered a loophole - the estate carrying the debt will not be able to enforce inheritance due to the debt itself, but the calculation of interest will never It will stop because someone dies!

And because of the account opening relationship, the amount of regular deposits will enter those banks. In the same way, the interest imposed by the compound interest bank will also be settled from the bank itself!

The overlord clause belonging to the 'vulnerable industry' of banks has also become a small trap in the prop itself to deceive people.

Of course, Qiming is fully capable of fixing this vulnerability, but he won't do it.

After all, this itself is also a 'performance' presented by Mike for him.

Under his attention and broadcast, a large amount of cash currency suddenly appeared and filled the bank's vault, and then disappeared instantly, and then other currencies and gold began to disappear normally - because these had already It has become Mike Donnell's disappearing 'debt'!

The assets of 15 trillion yuan that he originally loaned out have been frozen by the compound interest bank, and now the first interest payment of 5000 trillion yuan is being settled. If they do not bear this debt, they will not be able to get the 15 trillion yuan loan. principal.But whether they bear it or not, they must pay the interest extended by the loan principal of 15 trillion yuan for these ten hours!

If it does not take on debt, it will have to mortgage 38 trillion in total assets out of thin air.If you inherit debts and inheritances - you will still have to pay interest of about 16 trillion to Comparison Bank!

【? ? ?Is this a magic show?]

【What's the meaning?What does this live broadcast mean? 】

[Hiss~~~Wait a minute, I remember that there is indeed some news on You Tuo Tie Biao these days about getting rich deposit rewards! 】

[Do you believe that kind of fraud?But since the anchor has said it—I’m going to short U.S. stocks right now! 】

These barrages, whether they are believed or not, serious or ridiculed, all convey a bad message.And as the door of the bank vault was finally opened, all the bank staff were stunned to see their disappearing banknotes!

Not only that, but in all bank vaults belonging to large banks such as JPMorgan Chase, large amounts of banknotes are disappearing out of thin air.

The extra banknotes that were cursed were the first to disappear, and before little Morgan could be happy when he saw that his room full of banknotes were finally gone, he learned even more panic-inducing news.

More banknotes are still disappearing out of thin air.

One million, ten million, one hundred million, one billion, ten billion, one hundred billion—trillion!

Such terrifying amounts of money are disappearing from bank vaults at an extremely fast rate - not only that, but in the stock market, a large amount of financial information is also evaporating out of thin air! !

What did you do? !

Little Morgan dialed the phone with pale hands and trembling hands, and then learned that it was not just his family that had been 'stolen'.

All the gold and cash stored in banks on the market are disappearing out of thin air!Their stocks themselves also began to be 'collateralized' on a large scale!

Some are so extreme that even houses and cars are 'stolen' in an instant!Even Rockefeller's oil, that black gold, is disappearing.

Morgan was no exception. He watched with wide eyes as the sports cars he parked outside his mansion disappeared one after another.And when he raised his head blankly, what he saw was piercing eyes.

In the blink of an eye, his house was gone.

They are bankers, these winners in life who are born to stand at the top of human society.In an instant, he was like one of those stupid idiots who invested in the stock market without knowing anything and then lost all their belongings!

Cash, gold, stocks, cars, houses, real estate

These things they held tightly in their hands relying on the rules were like towers built by children with sand, which were easily knocked down by a kick.

Little Morgan sat down on the ground. Fortunately, his cell phone had not been 'pawn'd yet.He turned on the live broadcast and heard the salesman slowly describing the rules of interest compounding banks and the consequences of Mike's last action.

38 trillion deficit——

That idiot stabbed them in a huge trap before he died! An instant loss of 38 trillion, what the hell is this concept?

The entire Free Beacon's annual GDP is only over 20 trillion - and only a fool who knows nothing about GDP would really think that it is equal to money.

Nowadays, it is not certain whether the cash flow circulating in the entire Free Beacon market is [-] trillion yuan. Most of it is stocks, real estate and other things that need to be liquidated.

And the cash flow belonging to major banks is even less - some people always think that banks are the place with the most cash, but in fact banks are the ones most eager to get cash out!

After all, even Silicon Valley Bank, which has the least investment spirit and only knows how to buy treasury bonds, cannot leave large sums of cash in the vault to eat dust!

The loan that that idiot borrowed allowed the so-called 'compound interest bank' to directly change the reserves and gold stored in major banks out of thin air. Not only that, but also liquidated their real estate one by one!

Little Morgan didn't know whether Minato had collected 15 trillion, but he knew that the basket was out - no one in the entire lighthouse could escape!

The last stock market crash when Lehman Brothers went bankrupt was just five trillion dollars evaporating out of thin air in the stock market, leading to a financial tsunami that spread across the world.

At that time, if the Pan-Asian Alliance had not taken over that huge release for them, they would not have landed easily.

But now, facing a huge vulnerability that is three times or more than that of that time——

Little Morgan felt dizzy - but he cared more about what to do with his own money than such trivial matters as the rise and fall of his country!

If no one takes the loan, then the assets of these bankers will be sealed until all 38 trillion is deducted - and to take over the inheritance, they will have to use their own efforts to pay more Give them 16 trillion!

But who could be so stupid?In other words, even if everyone takes the lead to stand up, how will the money be paid?If others deliberately delay the time, will the damn compound interest bank's collection of debts be 'collected' by all creditors as well?

And if the person who receives this inheritance debt dies without repaying all the debt, the debt will definitely continue to be collected at the original scale of 38 trillion until the next heir takes over!

It's too complicated, and some things can't be solved even if everyone works together - but just a cooperation is already unbelievable and can be called a science fiction thing.

This is just like there are always people who think that the only way to unite people all over the world is to let aliens show up - laugh it off, before the aliens land, the capitulation faction and the war faction will probably have to smash each other's heads first.

Young Morgan received constant calls, and he heard his men, his family, and his stockbroker on the other side of the phone tell him in horror that the properties belonging to the Morgan family were being forcibly expropriated because of the debt itself.

Luxury houses, luxury cars, land, stocks, gold...even including savers' funds.

Little Morgan trembled all over, then raised his head to look at the bright sun above his head, and looked down at his naked self blankly.

"Hey, it's my property!!!"

With a scream, little Morgan rolled his eyes and fainted.

54. Beautiful scenery (seventh update completed!!!)

"What the fuck..."

On the streets of New York, a black man who was anxious to see a doctor for his son who had been injured by a gunshot looked at the 0 in his bank account and made several operations in a row with a confused look on his face.

And yet – still zero.

He took out his bank card. There was no doubt that this was his card. He looked at the account again. It was still his account.

But where did the money go?

There is obviously another $[-] in it? !

With strong anxiety mixed with anger that his things had been taken away, the black father angrily took out his bank card and ran to the Citibank across the street. When he was about to ask for details - he realized that the place was already crowded. It's full of people.

Up and down, there were extremely noisy and crowded people with a large number of angry depositors, waving their bank cards and passbooks, demanding an explanation from the bank!

"Pay us back, give us our money!!!"

"Banks are thieves! You must give me your money back or I will sue you!"

"My daughter is still waiting for money to save her life. You can't do this. I beg you!"

Various voices, either angry or pleading, filled the bank hall. The noisy various accents shocked the black father's head. He almost reflexively took out the pistol in his arms and started doing his job. .

But - what the hell is going on?Why is everyone running on the bank now?

And the bank staff had no choice. These staff were busy going back and forth, apologizing constantly, but they couldn't come up with any solution at all.

They can't find any problems, it's not a problem with the banking system, nor is it a problem with data processing.A problem is just a problem, a problem for which the cause cannot be found and cannot be solved.

In fact, things have happened to their own internal accounts as bank employees, and they have been holding back their own problems, but no one, whether they are senior executives or above, can stand up.

Most people who come to the bank to do business don't have much patience. After all, whether they are depositing money or withdrawing money, they only happen when they encounter a 'problem'.

And of course, most people who encounter problems will not be too patient.

Therefore, these bank employees were still unable to solve the problem and could not pay them back the money. Instead, they could only keep bowing their heads and apologizing like the people in Chongying in private Marseilles - someone finally couldn't help it anymore.

"Quack!!! It must be these bank bugs, they robbed our money!!!"

An old white man with a red neck stood up angrily, then took out the M1917 Smith & Wesson he had in his arms, pointed it at the bank's counter window and pulled the trigger without hesitation!

With the deafening sound of the gun being discharged, the spiral bullet instantly shattered the fragile glass and injured the shoulder of the bank clerk who was still apologizing inside.Immediately afterwards, screams and chaos spread in the bank!

The angry crowd who were inexplicably deprived of their deposits finally lost their minds. They broke the glass and rushed backstage, where the money was stored in the bank!

However, when the bank manager was forced to open the vault by grabbing his head, everyone found that it was empty.

There was no gold, no banknotes, just empty air in the cabinets, on the counters, and in the lock boxes.

What's worse than having your money taken away by a bank for no apparent reason?

Of course, the bank will have no money at all.

As for the black father, he did not attack the bank counter, perhaps because it could not solve the problem, or perhaps because he had just been released from prison.Suppressing his rage, he simply left the burger shop next to the bank, preparing to pay for a burger——

"15 dollars? Are you fucking kidding me?!"

With an angry look on his face, he looked at the five-dollar bill that had been returned to him, pointed at the menu on the menu that had clearly seen a [-]% increase in price, and roared loudly.

"Sir, it's useless even if you scold me." The salesperson shrugged.

"This is an order from our store manager and the headquarters."

The money he had saved was gone, and his son’s surgery fee was not paid. The only cash he had left was not even enough to eat a hamburger.

All kinds of stimulation ignited his anger almost instantly, and completely swallowed up his reason——

“Fake Squid!!!”

The strings of reason were completely broken. He roared, took out the pistol he carried with him, and without hesitation pulled the trigger on the salesman in front of him.

.......

Now the whole of New York—no, the whole Free Beacon is very lively!