The perfect future of rebirth

This is the biggest excuse and self-deception in life.

Zhao Fusheng once thought about letting Tan Kaixuan take a different path from his previous life, but he finally discovered that fate sometimes has inertia, or, for some people, the adventurous blood in their bones, no matter when, There was no way for them to extinguish that flame.

As a friend, the only thing Zhao Fusheng can do is to minimize Tan Kaixuan's risk.

"In the United States, the economic development has become a bit of a bubble." Zhao Fusheng looked at Tan Kaixuan and said slowly.

"Oh?" Tan Kaixuan raised his eyebrows, sat up straight in an instant, and looked at Zhao Fusheng: "Tell me about it."

He knew very well that Zhao Fusheng might not be a professional financial person, and he didn't know as much as the experts under him, but in terms of grasping the general trend, this guy had the ability to be almost like a magic stick.

Therefore, Tan Kaixuan immediately raised his vigilance to Zhao Fusheng's words.

Chapter 81 The Subprime Mortgage Crisis

With certain people, secrets must be open and honest.

For example, in the face of a doctor, if you conceal your illness, it will delay treatment.

For another example, when facing a lawyer, if you keep it secret, you will delay your business.

Zhao Fusheng and Tan Kaixuan are really close friends. Except for his biggest secret that he cannot share, Zhao Fusheng has nothing to hide from Tan Kaixuan.

"Do you know that 20 years ago, HSBC Bank on Hong Kong Island, if you want to use HSBC Bank's high-end checkbooks, you need to deposit more than 5000 million before you can apply." Zhao Fusheng said to Tan Kaixuan.

Tan Kaixuan frowned: "Really, the minimum amount is 500 million?"

Tan Kaixuan can naturally understand what the ten percent quota means.

"Yeah, so the check at that time was really shocking." Zhao Fusheng smiled and said to Tan Kaixuan: "But if you look at the United States now, everyone is borrowing money like crazy. There is an old saying that Yin eats Maoliang, and what Americans are playing now is this trick.”

Tan Kaixuan frowned, obviously, Zhao Fusheng's words made him a little hard to understand.

Zhao Fusheng shrugged and continued: "I personally feel that the subprime mortgage business in the United States will have problems sooner or later."

Tan Kaixuan was startled, never expecting that Zhao Fusheng would mention this.

"You mean, there will be some kind of crisis?" Tan Kaixuan looked at Zhao Fusheng and asked slowly.

Zhao Fusheng nodded: "It is very possible, I feel, maybe within five years, maybe within three years, this kind of crisis will erupt."

In fact, he knows very well that the subprime mortgage crisis will officially break out in the United States at the end of [-] and early [-].

The subprime mortgage crisis, as the name suggests, refers to the subprime mortgage loan, which is relative to the mortgage loan with better credit conditions.Because relatively speaking, mortgage lenders do not have or lack sufficient income and proof of repayment ability, or have other heavy liabilities, so their credit conditions are relatively "secondary". Mortgage loans for this type of real estate are called subprime mortgages. loan.

Compared with the more favorable interest rates and repayment methods that can be obtained by mortgage lenders with better credit conditions, subprime mortgage lenders are usually forced to pay higher interest rates and comply with stricter regulations on interest rates and repayment methods. method of repayment.This question, which was originally a natural question, has not been truly implemented due to the loose credit, active financial innovation, and rising prices of real estate and securities markets in the United States in the past.In this way, the repayment risk of subprime mortgage loans has changed from potential to reality.During this process, some financial institutions in the United States condoned the excessive expansion of subprime mortgages and the related scale of loan packaging and securitization for their own benefit, which made the scale of subprime mortgage defaults under certain conditions expand. the extent of the crisis.

Zhao Fusheng didn't know the specific content, and he didn't remember when it started, but he vaguely remembered that he once read an article that described the collapse of Lehman Brothers in detail.

"Do you know Lehman Brothers?"

Thinking of this, Zhao Fusheng asked Tan Kaixuan.

Tan Kaixuan was stunned, and then nodded: "Of course, Lehman Brothers is the fourth largest investment bank in the United States, and I can't compare with it. It is said that it has more than 5000 billion U.S. dollars in assets."

Being on Wall Street, he is naturally clear about the information of such a giant company.

"But don't you think that this company is ignoring risks while pursuing high profits?" Zhao Fusheng looked at Tan Kaixuan and asked.

"What do you mean?" Tan Kaixuan frowned, obviously, he didn't quite understand what Zhao Fusheng meant.

Zhao Fusheng shrugged: "Think about it, if, I mean, if the mortgage certificate held by Lehman Brothers cannot be honored..."

Tan Kaixuan laughed and waved his hands: "Are you kidding, that's..."

Before he finished speaking, he was stunned.

Many things in this world cannot be assumed, because once you make assumptions, you will find that things will become terrible.

Simply put, if one day the end of the world comes, what will human nature look like?

If one day we live on a deserted island with a large group of people, will wealth matter at that time?Does social status matter?

Would you fight a former friend because of a fish?Will you give up your dignity because of a bowl of hot soup?

Nobody knows the answer.

But at this moment, Tan Kaixuan's expression became quite ugly.

Because what Zhao Fusheng said, if he was alarmist, then that's all, I have the right to take it as a joke.

But the question is, what if what Zhao Fusheng said becomes a reality?

Thinking of that scene, Tan Kaixuan felt shuddering.

You know, during this time in the United States, he knew much more about certain things in the financial market than Zhao Fusheng.And the more so, the more he felt that if Zhao Fusheng's words came true, it might be a crisis that would affect the whole world!

Taking a deep breath, Tan Kaixuan's gaze became serious, he stood up and started pacing in the office.

Obviously, he was thinking, thinking about what he could get from this matter.

Zhao Fusheng didn't care, he had already said what he had to say, and the rest was up to Tan Kaixuan's choice.

After a while, Tan Kaixuan raised his head and looked at Zhao Fusheng: "How long do you think?"

Obviously, he was asking Zhao Fusheng when the subprime mortgage crisis broke out.

Zhao Fusheng remembered that it was [-], but he couldn't remember the exact time. After all, he was not a professional in such a major economic event.

But no matter what, it takes a certain amount of time for such a big event to calculate and explode, so Zhao Fusheng thought about it and said to Tan Kaixuan: "I guess it should be around the second half of [-]."

"Well!"

Tan Kaixuan gritted his teeth, and said in a deep voice, "I will pass on the news to you at any time. How about we join hands to short?"

What the hell!

Zhao Fusheng's eyes lit up, he watched Tan Kaixuan for a long time without saying a word.

This guy is simply inhumane!

I just told him that the U.S. financial market might be in crisis, but Tan Kaixuan actually wanted to short the entire financial market. In other words, as long as they can seize the opportunity, they can definitely make a lot of money.

After all, in the financial market, even a small amount of vibration will involve hundreds of millions of funds.

According to what Tan Kaixuan said, Zhao Fusheng's intuition told him, maybe this is really a good opportunity.

Do it?