Reborn 80s

An analysis report!
An analysis report on the North American housing market.

The stock market and housing market have always been linked.

When the stock market is good, the housing market is not.

But once the stock market is bad, everyone's funds flow into the real estate market, which will push up the rise and popularity of the real estate market.

Liu Kun looked at the report strangely. The rise in housing prices in North America didn't seem too strange. Is it necessary to give him a special report?

Chen Huaiqing signaled Liu Kun to pick up another report.

"Someone submitted such a plan to me. I think there is room for manipulation. Take a look."

Liu Kun: "Subprime mortgage!"

Normally speaking, banks grant loans to high-quality customers, and the repayment ability of high-quality customers has a guarantee.

There is another category of customers, that is, customers with not so high credit and not so strong repayment ability.

Subprime mortgages are a high-risk, high-yield industry. The interest on this type of loan must be higher than that of normal loans.

Just like an online loan, the interest rate can be several times higher than that of a normal bank loan.

If you can't get a loan from a bank through formal channels, you can only turn to an online loan.

Online loans came later. At this time, many customers who did not meet the bank's requirements were taking out subprime mortgage loans.

The subprime mortgage crisis can be regarded as an economic crisis that Chen Huaiqing really felt and remembered deeply. It has spread to the whole world, and the whole world has not been relieved for a long time.

When I was in college in my last life, I read news for a long time that conveyed the message that the job market was sluggish.

Later, Chen Huaiqing also checked on the Internet what happened to the next mortgage crisis and why it turned into a global economic crisis again!

And the root of this lies in the subprime mortgages.

Banks do subprime mortgages, the risk is very high, but the profits can be huge!
The nature of capital is really fully released on Wall Street. How can you make money without taking risks?

Not making money means not taking enough risks.

Therefore, many investment banks increase leverage in order to seek huge profits.

30 billion of self-owned funds, leverage 30 times, leverage 900 billion funds to do it.

Subprime mortgages are very risky. Since we know that the risks are high, there is a saying in business that is called transferring risks.

Wall Street's financial market is among the most developed in the world, with many "financial innovation tools" such as CDS contracts (credit default swaps).

Taking leveraged investment as insurance is CDS.

Bank A finds another bank or insurance company B to insure its loan against default.

At this time, B will naturally conduct some investigation and calculation, and find that the default rate of subprime mortgage loans in the market is 1%.

Even if the compensation is paid, B finds that he is gaining something, so he naturally agrees.

Then C entered the market again, B sold the CDS to C, B made a lot of money, C started selling it again, and it was in the hands of G.

Anyway, this thing has become the benchmark for speculation.

In the end, the scale of CDS reached US$62 trillion.

If everything develops smoothly, then naturally there is no problem, and the game can continue to be played.

But the bad thing is that house prices will not keep rising. After rising for a few years, they will never rise again.

Subprime mortgages themselves cannot withstand a little turmoil in the market. At this time, they will naturally stop repaying the loans, and the banks' subprime mortgages default on a large scale.

Bank A is not in a hurry at this time, anyway, it has done insurance, just to earn less.

B is not in a hurry, nor is C. Anyway, the insurance has been sold long ago and is now in G's hands.

Faced with so many defaults, can G afford compensation?
Naturally, he couldn't afford it, so he could only go bankrupt.

G goes bankrupt, and that pressure goes back to Bank A.

Bank A must not be able to bear it, and it will go bankrupt directly.During the subprime mortgage crisis, many large banks around the world suffered huge losses.

Liu Kun squeezed his chin: "Boss, I have to say that introducing CDS is undoubtedly an extremely genius idea."

Chen Huaiqing naturally does not intend to be Bank A, or G, which will eventually take over.

He wants to do B!

"How about it, are you interested in going out again?"

Liu Kun smiled and said: "Okay, it's comfortable to stay in the country, but there is no such thing as the light of the sword and the iron horse. I am still more suitable for galloping on the battlefield."

Liu Kun really has no shortage of money or anything.

Chen Huaiqing is a very generous boss. After the Asian financial crisis, Liu Kun received a large dividend.

This money is enough for Liu Kun to use up in several lifetimes.

Liu Kun bought a yacht and went out to sea twice, and now the yacht is at Jinkou Yacht Wharf!

Since he didn't need it himself, Liu Kun didn't even think about selling it, so he handed it over directly to a yacht company to take care of it and rent it out!
Bring some rent to Liu Kun every year.

In addition to personal enjoyment, Liu Kun also donated some money to his alma mater, the Weiyang Student Aid Fund, and the Huaxu Technology Fund.

It cannot be said that the boss Chen Huaiqing has ideals and pursuits, and he also has them.

As a native of Huaguo, Liu Kun hopes that the prosperity of Huaguo will go as far as Han and Tang Dynasties.

Chen Huaiqing picked up the tea cup: "Come, our General Liu, I wish you victory!"

Liu Kun: "Thank you boss for giving me this opportunity!"

Liu Kun inquired such a report about the Vantaa Project in the data database invested by Meta.

There is very little information about Vantaa's plan to spread outside.

When Liu Kun was in North America, he only heard about it, but the specific content was kept secret and he didn't talk about it at all.

However, in this report, there is a contact report with Leo Vantaa, the core member of the Vantaa project.

And there are some specific methods of operation of the Vantaa plan.

Chen Huaiqing didn't say a few words, but everything was in the air. Liu Kun knew very well that he was making money on the surface, but what he was actually doing was not ordinary.

No, I don’t have anything to do secretly, it’s all done openly, everything is reasonable and legal behavior.

Chen Huaiqing went to the airport to see Liu Kun off in person. He would go to Xiangjiang first to meet up with some people.

In addition to the financial elite, there is also a team of black iron security people.

After arriving in North America, there will be security personnel passing by.

Black Iron Security is not the security company with the most employees, but no one dares to underestimate the strength of this veteran security company, Black Iron Security.

Compared with other security companies that directly recruit people around the world, Black Iron Security has its own training system.

Some children have been trained since childhood.

Those who have a talent for learning will be sent to continue their studies in high school or college.

If there is no talent for learning, then give the children the choice to do security work or learn technology and become a worker in the future.

Do not force!
Where there is oppression, there is resistance.

The black iron security guards don't want to cultivate a group of people who are malicious to themselves.

Now in the Black Iron Security, there are many security personnel trained from childhood, and these people are also absolutely trustworthy personnel.

The security personnel with Liu Kun are naturally to protect their safety. After all, everyone knows that North America is a mess.

Perhaps, there is also a taste of surveillance.

Everyone knows this, and there is no need to say it out loud.