Chapter 15 This guy is so talented
Although Gu Wanzhou is a businessman.
But I am usually trapped in an information cocoon.
When she heard what Li Zhiyan said, she couldn't help but feel ignorant.
At the same time, I also felt a little shocked.
This kid seems to know a lot of things.
Li Zhiyan helped Gu Wanzhou pick vegetables.
While saying: "The five major investment banks in the United States refer to private investment banks, Goldman Sachs Investment Bank, Morgan Stanley Investment Bank, Merrill Lynch Investment Bank, Lehman Brothers and Bear Stearns."
"If we say Aunt Gu is a little unfamiliar with investment banks.”
“I think Aunt Gu should know that the HSBC Bank in Hong Kong offers 10 points interest on deposits in China.”
"These investment banks can be said to have been very popular in the United States at that time."
"Their economic fields have extended to all aspects of the lives of ordinary people in the United States."
"However, in The global subprime mortgage crisis Under the financial tsunami."
"In less than a year, most financial institutions were unable to survive."
"Among them, Merrill Lynch Investment Bank was eliminated in 2008. Acquired by Bank of America ”
“Lehman Brothers has collapsed.”
“Bear Stearns also ended badly, and disappeared into history in 2008.”
“Today’s super investment banks are actually just The remaining investment banks are Goldman Sachs and Morgan Stanley.”
Li Zhiyan was somewhat impressed that he could remember these things so clearly. He felt that this might be related to his rebirth and his memory had been greatly strengthened. relation.
"Auntie understands..."
"These super investment banks are private banks. These investment banks use bank money to make various investments to make money."
"But they collapsed during the subprime mortgage crisis."
"However, this Does it have something to do with the rise in housing prices? "
The more Gu Wanzhou looked at Li Zhiyan, the more he liked him. He felt very sorry. It would have been better if this was his biological son.
What a talented and outstanding young man.
“The full name of subprime mortgage is subprime mortgage loan.”
“Subprime means low credit and low ability to repay debt.”
“This is like our domestic subprime mortgage loan. People who don’t have stable jobs will be labeled as having low credit.”
“It’s basically impossible to get a loan from a bank.”
Looking at it. Gu Wanzhou is full of brilliance.
Li Zhiyan continued: "Loans are a very common phenomenon in the United States because everyone likes to consume ahead of schedule."
"Houses are very expensive things."
"It can be said that basically All of them are through long-term loans."
Gu Wanzhou nodded slightly and looked at the child in front of her. She felt like Li Zhiyan was teaching her knowledge.
“However, the unemployment rate in the United States is very high, and these people with unstable income are defined as subprime credit borrowers.”
"Referred to as subprime lenders."
"Regular banks are unwilling to lend to these people."
"Because they are afraid that they will not be able to repay, subprime mortgage loans came into being. . ”
“Because banks are unwilling to lend to these people, private banks charge high interest rates to provide loans to these people.”
"The income in the subprime mortgage market is several times higher than that of bank loans."
"This is somewhat similar to HSBC."
Gu Wanzhou thought about it. I have also sought a loan from HSBC before.
The interest rate reaches a full 30% per year, which is basically a proper loan shark.
“Because house prices are rising rapidly.”
"So many stimulus lenders in the United States followed the trend."
"Loans to buy houses."
"Before 2006, the real estate industry in the United States was in a state of continuous prosperity." “And interest rates were extremely low at the time.”
“So the subprime mortgage market was developing rapidly.”
"However, the United States' stimulus mortgage market uses a combination of fixed interest rates and floating interest rates."
"The interest rates repaid in the past few years were fixed and low interest rates."
"In a few years The interest on the loan will be repaid based on changes in interest rates. "
"After 2006, with the cooling of U.S. real estate and the increase in floating interest rates"
"Repayment of subprime loans. Interest rates are also rising significantly. ”
"These subprime mortgage holders have very weak financial capabilities. Under this situation, a large number of home buyers cannot repay their loans."
"So we can only cut off the payment."
"And After the bank repossessed the house, no one took over, which led to It led to a vicious cycle.”
“A financial crisis started in 2007 and completely exploded in 2008.”
“The U.S. government can only do so without restrictions. Print money to save the market.”
"And because of the Rebton Forest system formed after World War II, the United States completely pushed the printed money to the whole world."
"Let people all over the world pay for the United States. . ”
Actually, Li Zhiyan doesn’t understand either.
However, he can be considered a prophet because he can predict future trends, so whatever he says is right.
Li Zhiyan talks about the financial crisis in a calm manner.
His heartbeat was inexplicably fast. How could this kid know everything? When he was telling me these things, he looked inexplicably handsome.
Talented men are indeed very attractive.
“So, under the uncontrolled money printing in the United States in 2008.”
“We also ushered in a wave of big releases.”
“ After the money enters the market.”
“It did not flow into other industries, but was locked into real estate.”
“This can ensure that prices do not skyrocket.”
“Real estate is our reservoir. "
"Make sure that these additional currencies do not enter the market."
Li Zhiyan didn't know much about these things, so he started talking nonsense.
Anyway, as long as the result is right.
Gu Wanzhou listened a little confused, but she was completely convinced by Li Zhiyan.
This kid can teach himself computer programming at the age of 18.
Sure enough, different from ordinary people!
“So, I predict that house prices will continue to rise for many years to come.”
"If you buy a house now and pay a down payment, you can make a lot of money in the future."
Looking at Li Zhiyan in front of him who was still helping him pick vegetables.
Gu Wanzhou felt that his heartbeat was getting faster and faster.
Hormones seem to be secreting and flowing.
Is this a heart-pounding feeling?
Thinking about Li Zhiyan's long speech just now, she couldn't calm down in her heart.
"Little darling, auntie really didn't expect that you know so many things."
"What you just said makes sense, auntie decided to buy another house."
>
After touching Li Zhiyan’s head.
Gu Wanzhou continued to ask: "Auntie just wanted to ask you, are you willing to be my godson?"
"In the future, auntie will love you as much as my mother does."
Li Zhiyan was a little helpless. How could he be reborn? Yu Sisi's biological mother wanted to be his mother.
Liu Zifeng’s biological mother also wants to be her own mother, which is really amazing.
(End of this chapter)