Chapter 26 This guy is really awesome
“I wonder if Brother Cai knows about the housing mortgages called “subprime loans” in the United States?”
Cai Wensheng was stunned and replied.
"I have heard a little bit, and I feel that the U.S. economy has indeed been a little weak in the past two years."
"Brother Cai, it's not as simple as feeling tired."
In his previous life, Xu Qingshan was a master of success studies and a pretender in the cat-and-mouse game. He had a relatively in-depth study of people's timbre, voice, and speaking rhythm. How can he show the appearance he wants others to see in front of him? This is also a science.
"The consumption pattern of the American social economy is basically overdraft consumption and credit loans. However, 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 interest rates were also increased. This will destroy the previous false assumptions of the American housing market. The boom bubble bursts.”
Cai Wensheng did not say anything. He was not the kind of entrepreneur with a high degree of education. On the contrary, he dropped out of high school. But he was interested in the kind of people who have knowledge and insights, can sit back and observe the world from a corner, and know the laws of the world very well. Has a very powerful filter.
Li Xingping is like this, and Wu Xinhong is like this. Now these two 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 doubts or objections, Xu Qingshan continued.
"The United States needs to maintain its prosperity bubble through war and economic plunder, but from the perspective of the international situation, from last year to now, the conflict in the Middle East has intensified, 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 600 billion U.S. dollars, plus an additional 196 billion U.S. dollars from Congress this year, the United States has spent more than 800 billion U.S. dollars this time, but the gains are very limited. "
"Eight hundred billion U.S. dollars?"
Cai Wensheng was a little stunned.
He only had some understanding of these, and usually focused on the Internet. He did not expect 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 will also affect our domestic consumer market, and then bring about the sinking market of the consumer market you just mentioned?"
Cai Wensheng felt that he had understood Xu Qingshan's meaning.
"Yes, and also wrong."
"The impact of the war in Iraq and Afghanistan on the United States is not small, but the harm caused by Wall Street is even greater. The Federal Reserve's originalism and lack of supervision of the economic market have blown the economic bubble in the United States to a terrifying level."
Xu Qingshan wanted to use this opportunity to cleanse Cai Wensheng's perception of himself.
He is well aware of the role of personal image in people's cognition.
By laying a good image foundation first, it will be easier to seize the initiative in subsequent interactions.
There is quite a bit of Wang Xifeng's philosophy of "hearing a person before seeing him".
"so?"
Cai Wensheng's interest has been completely aroused by Xu Qingshan.
He is now eager to know what conclusions Xu Qingshan can draw from the above information.
"First up is my first prediction, a global economic crisis."
Xu Qingshan paused to give Cai Wensheng room to digest and accept.
"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. It should be that in the near future, an economic crisis born in the United States will begin."
"There should be a major investment bank that collapses in the real estate market and goes bankrupt. Brother Cai can pay attention to current news in the United States when he has time."
"If Brother Cai owns real estate in the United States, you can consider selling it for a year before buying it."
"good."
Cai Wensheng's words were concise and concise, but full of confidence in Xu Qingshan.
"And then there's my second prediction, the American election."
"This election in the United States is unprecedentedly fierce. The four cornerstones of American culture: religion, race, war, and wealth are all undergoing tremendous changes. However, there is a candidate I am very optimistic about. He has the comprehensive advantages of the four cornerstones. He is of the Protestant faith, half-black, has promised to withdraw from Iraq in 16 months, is young and energetic, and is a candidate of the democratic faction. For the American people who are being pushed into the abyss of war by the Republicans and have no way to escape, He is a huge variable and a bright antidote.”
"Barack Hussein Obama, he will definitely be elected as the first black president in the history of the United States."
"Hey, are you so sure?"
Cai Wensheng said with a smile.
"I trust my own judgment, but it doesn't make sense to always talk about foreign countries. Let's just talk about China."
"The final prediction is the prediction of the national destiny."
Xu Qingshan's words were slow, but loud and clear, leaving no room for doubt.
"I firmly believe that the next ten years will be a decade for our country to take off. Not only can we survive this economic crisis, but we can also seize the opportunity to develop rapidly. China-US relations will enter an era of coexistence of cooperation and competition. Ten years from now, We will stand alongside the United States and even begin to surpass them!”
"I very much agree with Buffett's words that investing is investing in the national destiny, and investors should be patriots." "Brother Cai, seize this opportunity and keep up with the national destiny, and you will be a big winner."
Cai Wensheng was surprised.
On weekdays, it’s not like no one would talk to him about some international events while trying to flirt with him.
But it was obviously an afterthought, or a summary from somewhere.
It's just a conversation piece after dinner.
But this was the first time he heard such a firm, bold prediction with no obvious logical loopholes like Xu Qingshan's.
The global economic crisis, the American presidential election, and changes in the national power 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 found that he had a high degree of trust in Xu Qingshan's judgment.
"Right."
Xu Qingshan said as if he just remembered something.
"Brother Cai, I just 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 been silently washed by this kid's words.
"Young man, I really don't know how your young man's head grows. If I knew so much about you at the age of 17, I wouldn't have failed my business more than 30 times at the age of 20."
Cai Wensheng cursed and said with emotion.
"The experience of failure has given you a vicious look. So, Brother Cai, is this all for now? I will also continue to review. I plan to hit the top spot in the college entrance examination in my senior year of high school."
Xu Qingshan is well versed in the art of stopping.
The cleaner you get, the more profound your memory will be.
What he demonstrated was his ability, but he had reservations when it came to domestic Internet business.
"Okay, today has taken you too long, but I won't be polite to you. I recognize your brother. When I return to Ludao, I will take your sister, nephews and niece to treat you to dinner. I’ll take you to the project base over at Ludao.”
"Okay, let's make an appointment then."
Hearing Xu Qingshan's calm answer, Cai Wensheng smiled heartily.
This guy is really awesome!
At Cai Wensheng's level, his investment is no longer about business models or business plans. What he invests in is people.
And investing isn’t just about money either.
Sometimes, in-depth connections and resource investment are more important for a dormant talent.
With just one phone call, Xu Qingshan was included in the talent range identified by Cai Wensheng.
Of course, this is also the result of Xu Qingshan's careful attention to detail.
Reveal grassroots ideas and increase recognition.
Talking about my hometown in southern Fujian increases the sense of belonging.
Anticipate the international situation and increase the sense of recognition.
These are not just small arrangements for the game, they are only useful to Cai Wensheng.
If it were other Internet business tycoons, they might not want to pay attention to Xu Qingshan.
But so what, Xu Qingshan’s goal has been achieved anyway.
(End of chapter)