Chapter 350 Subprime Crisis

Gu Zhiqiang has a sense of absurdity.

Where am I?

Who am I?

What do I do?

What is happening in front of you?

This time, UBS is extremely well prepared.

The suitcases of every financial tycoon are filled with various text contracts.

A gambling contract is nothing at all.

In front of Gu Zhiqiang, Ye Sihai signed a gambling contract with Old Hansa.

The contract stipulates that within one year, if Ye Sihai loses, he will repay the bank's US$10 billion in full plus interest.

If Ye Sihai wins, the 10 billion (actually only 5 billion now) will be Ye Sihai’s consulting fee.

As for the shares of lqk Technology Company that Ye Sihai pledged to UBS?

The ban will be lifted directly and returned to Ye Sihai.

It is equivalent to Ye Sihai getting an unsecured loan worth tens of billions of dollars from UBS.

Now that the stock market is plummeting, these stocks can be sold for more than one billion US dollars.

Who dares to take it?

Gu Zhiqiang is really going crazy.

Is this something I should be involved in?

Uuuuuuuuuuuuuuuuuu.

If it were my dad, he would be excited, right?

My brother from all over the world, what are you doing outside?

I am a shitty mayor. I hang out with you, carry your bags, and act as your little brother. You show me a way to make a fortune.

I want to be the richest man.

No!

You are the richest man.

I am the second rich man.

"Old Hansa, when you come to my house, you naturally want to try local specialties. Please, let's chat while eating."

At this time, Old Hansa no longer looked as sad as he did at first. .

This old guy is a decisive person.

After signing the gambling agreement, he overfulfilled the task.

No matter how you look at it, UBS is making money.

The only thing he was afraid of was that Ye Sihai would go bankrupt within a year and his analysis was wrong.

Of course, this is absolutely impossible.

Only God knows to what extent Ye Sihai's wealth will soar after this wave.

In fact, in a few days, Mambo Brothers' stock price will fall below 95%.

According to Ye Sihai’s analysis with Karl in advance, he made eight times the profit.

Aunt Mei was particularly reserved tonight, and she also looked embarrassed during the introduction.

Ye Sihai did not force her to sit at the table here, but asked her to take Wanwan to a table with Amo and the other boys.

Uncle Mei drinks outside, which just saves trouble.

But Ye Sihai’s fluent English is so intimidating.

It made Amo and the other teenagers look like gods.

Mayor Gu can also speak English.

Not onlyIt is limited to greetings such as hello and goodbye.

It can involve various professional things...!

So listen to the scriptures throughout the whole process.

This actually made him drink a lot more.

Mayor Gu was very satisfied.

Ye Sihai specially ordered Aunt Mei to prepare dinner.

A variety of high-end seafood, so you don’t have to worry about these gringos not being used to it.

It’s just that the chopsticks are a bit difficult to use.

But Aunt Mei prepared spoons for them.

At the dinner table, Ye Sihai talked about the subprime mortgage crisis caused by the bankruptcy of Lehman Brothers in another world.

In this world, there is no such word as subprime mortgage crisis.

So far, all banks and financial institutions have not realized this.

Ye Sihai’s words are undoubtedly a nuclear bomb.

How many real estate mortgages does UBS have?

"Old Hansa, that was a domino reaction. If you think about investment banks, insurance companies, and hedge funds, they were all dragged to death."

"Haha, I'm not being alarmist. Go back and find a few analysts and randomly check a few mortgage contracts from your bank. I guarantee that there will be problems with every one of them."

"Do you know what the problem is?"

p>

"Let me tell you now."

"Banks and financial institutions, in order to make more profits, will continue to relax loan conditions."

"This goes back fifty years."

"And the loans were given to people with bad credit and insufficient ability to repay, and their risk was astonishingly high."

"In order to transfer risks, your bank will package and distribute these contracts to other financial institutions around the world. This is subprime loans. These products have been packaged into various perfect financial products in advance."< /p>

"The pyramid has been formed, but unfortunately, it is an inverted pyramid."

Ye Sihai looked at the stunned and sweaty old Hansa and others, and gently picked up a lobster leg.

Click.

Put it in your mouth and bite it.

He knew everyone understood.

Once someone is overdue, the financial products packaged in his contract will explode.

This will form a chain reaction.

Nuclear bomb!

The more this happens, the more financial institutions will crazily conceal and then change hands crazily.

Level by level, as the interest rates offered get higher and higher, in the end, it is not just banks and financial institutions that are unlucky.

There are countless ordinary people who buy these financial products.

So, the financial crisis sweeping the world now is just...!

Appetizers.

Everyone is engaged in finance.

It really comes through in just one click.

Old Hansa looked at Ye Sihai in horror. He really wanted toThe urge to kneel down and kowtow hard for the first time.

Before the window paper was pierced...!

After being exposed...!

Those are two worlds.

Is the $10 billion in consulting fees worth it?

It’s so worth it.

"Mr. Ye... No, no, no, dear Mr. Bruce, I want to hire you as the chief consultant of UBS. You only need to give one piece of advice a year. The annual salary is... one billion US dollars!"

Poof! !

Gu Zhiqiang understood this sentence.

He squirted a mouthful of old wine directly under the table.

Another 10,000-point critical hit.

Annual salary of one billion dollars a year?

Consultant?

Just give one opinion a year?

Mayor Gu stood up silently and walked outside the restaurant.

I must have encountered a ghost.

From the beginning to now, it has been a dream.

Definitely!

Aunt Mei thought that Gu Zhiqiang was stuck eating something, so she quickly got up and followed him out:

"Mayor, are you okay?"

Gu Zhiqiang was silent He shook his head and sat silently at the door.

Then he looked up at the night sky.

Starry.

Look at the three Rolls-Royce Phantoms in front of you.

Then he reached out and slapped himself in the face.

Bang!

It hurts so much.

Aunt Mei was dumbfounded.

No...!

Is there something wrong with my cooking?

Poisoned?

It is said that hallucinations occur only when poisoned by mushrooms. How can hallucinations occur when poisoned by seafood?

Aunt Mei wanted to greet Ye Sihai, but she was afraid of delaying his conversation.

So I had to quietly call Ah Mo over and quietly asked Ah Mo to pour a glass of water for Gu Zhiqiang.

"Brother Gu, do you want some water?"

Ah Mo was a little afraid of Gu Zhiqiang.

After all, he knew that Gu Zhiqiang's identity was not simple. His father at home had mentioned it when nothing happened.

But he dare not disobey Aunt Mei’s orders.

"Ah Mo."

"Huh?"

"Come, sit down."

Gu Zhiqiang looked at him affectionately With Amo.

Ah Mo couldn’t help but feel tense all over.

The mayor’s eyes reminded people of the scene of chrysanthemums blooming.

I am no longer young, I will be sixteen soon.

Pretty sister’s ex-husband is a member of the Jubu tribe.

I understand.

If Gu Zhiqiang knew what A Mo was thinking, he would definitely jump up and kick this kid onto the roof.

Mayor Gu took the water glass from Ah Mo’s hand, put his arm around the young boy’s thin shoulders, and said quietly:

“Ah Mo, sometimes, I really wish I wasA woman. "

Amo ran away. The transcoding has been serious recently, which makes us more motivated and updates faster. Please use your little hands to exit the reading mode. Thank you

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