They are all reborn, and the grandson is still a spare tire

"Mr. Yao, it's inappropriate for you to say that. The outbreak of this subprime mortgage crisis has nothing to do with the neoliberal economic policies pursued by the beautiful country."

"And the scale of this subprime mortgage crisis is controllable. The situation is not as exaggerated as you said. The financial market has gradually calmed down. This is the best proof."

The cultural counselor of the beautiful country's embassy said loudly with a frown on his face, his face full of dissatisfaction.

The guy spoke English, was emotional and spoke very fast.

Some people at the scene understood it, but some people didn't understand it and didn't know why.

But this guy brought a translator, and the translator immediately translated his words and said the guy's name.

After listening to the translation, everyone looked at Yao Yuan to see how he would respond.

Yao Yuan chuckled softly, and then said loudly:

"Mr. Scott, you are welcome to attend my personal lecture. Actually, you don't have to worry. I am just stating some facts that have already happened."

"In the second half of the lecture, there will be a question and answer session. If you have any questions, you can ask them later instead of standing up and interrupting my speech at any time."

"This seems impolite. As a diplomat, you should understand this and follow the minimum rules, otherwise it will be inappropriate."

Following his words, everyone at the scene chuckled.

After finishing what the translator said, Scott's face suddenly turned red and his expression was quite embarrassing.

Before he could respond, Yao Yuan continued:

"Since you have raised different opinions, I can also explain it to avoid making everyone doubtful."

"What is the most important manifestation of neoliberal economic theory? Isn't it the emphasis on a high degree of laissez-faire!"

"Isn't the securitization of subprime mortgage loans and the crazy speculation of high leverage by many financial institutions in the United States the consequences of excessive laissez-faire?"

"Also, I don't agree with your statement that the subprime mortgage crisis is controllable and will gradually subside."

"If the subprime mortgage crisis has gradually subsided, how can we explain the recent severe cash shortage in the UK and the run on Northern Rock Bank?"

"There are also continuous, increasing, and intensive thunderstorms in the financial market of the United States. How to explain it? Obviously the problem has not been solved."

"In my opinion, this is like a volcanic eruption. The brief calm in front of you is just accumulating energy for the next more violent eruption!"

Scott was completely dumbfounded and froze on the spot, not knowing how to deal with it.

Everyone else in the auditorium looked at Yao Yuan with bright eyes.

The next moment, the scene suddenly exploded.

"clap clap"

Thunderous applause sounded again, deafening.

Along with it, there was a burst of excited cheers.

"That's so beautifully said, Yao Yuan, well done!"

"It's so exciting, Yao Yuan, so beautiful!"

Almost everyone was applauding, and many students from the University of Finance and Economics cheered loudly.

Seeing such a lively scene, Yao Yuan, who was standing in the center of the stage, couldn't help but feel a little carried away.

But his mind was clear and he knew what he should do.

The next moment, he stretched out his hands and pressed down gently, signaling everyone to be quiet.

Following his actions, the applause and cheers quickly disappeared, and the scene became quiet.

Yao Yuan did not give the foreigners another chance to ask questions or rebut, and quickly picked up the previous topic and continued his speech at his own pace.

"After talking about the causes of the subprime mortgage crisis, let me introduce the development process of the subprime mortgage crisis, as well as landmark events, as well as the impact on the international financial market."

"As early as last year, the subprime mortgage crisis had begun to emerge, but it did not attract people's attention and attention. It was not until February this year, when financial institutions such as New Century Financial Corporation and HSBC Holdings were hit by thunderstorms one after another that the subprime mortgage crisis emerged. water surface"

"From February to now, countless financial institutions, large and small, have experienced outbursts. The reasons for these outbursts are highly consistent. They are all due to huge losses caused by investing in U.S. subprime mortgage bonds."

"In August, France's largest bank, BNP Paribas, issued a loss warning and announced that it had incurred huge losses due to its investment in subprime mortgage bonds in the United States and closed several of its funds, causing violent turmoil in the international financial market."

"Judging from the current situation, the time when BNP Paribas issued the warning should be regarded as a landmark event for the full outbreak of the subprime mortgage crisis, but the root cause is the country's subprime mortgage market..."

Next, he continued to introduce the situation of the international financial market and the development of the subprime mortgage crisis.

Almost everyone present was shocked by his speech.

In particular, many senior financial officials and experts and scholars from all walks of life were even more shocked.

The series of landmark events that Yao Yuan defined for the subprime mortgage crisis made them even more jealous.

For example, the iconic event of the full-scale subprime mortgage crisis, the Bank of Paribas thunderstorm, triggered violent turmoil in the international financial market.

So far, the international economic community has not reached a consensus or conclusion on when the subprime mortgage crisis will fully break out.

However, Yao Yuan publicly proposed here that the thunderstorm at the Bank of Paris was a landmark event for the full outbreak of the subprime mortgage crisis, and he undoubtedly got a head start.

As long as a consensus is reached among the economics community on this matter, Yao Yuan will go down in history.

From now on, whenever we mention the subprime mortgage crisis or the landmark event that marked the full outbreak of the subprime mortgage crisis, we must mention the BNP Paribas thunderstorm, and Yao Yuan cannot be avoided!

Who can not envy this great good thing that has gone down in history and become famous all over the world? Who is not jealous?

Thinking of this, everyone looked at Yao Yuan talking eloquently in the center of the stage, and their eyes suddenly became more intense!

At this time, Yao Yuan was introducing the international financial market situation and the development of the subprime mortgage crisis incessantly based on the ppt files he made, and his performance was getting better and better.

During this process, he did not leak any information related to the secret operations team and remained tight-lipped.

Seeing this scene, Professor Ouyang and Professor Liu sitting in the audience secretly breathed a sigh of relief and were extremely pleased.

At the same time, Secretary Qiu was also watching the personal lecture on the computer.

Yao Yuan's free and relaxed performance impressed him greatly and made him relax completely.

In the blink of an eye, more than forty minutes have passed.

After introducing the ongoing bank run on Northern Rock Bank in the UK, Yao Yuan suddenly changed the subject.

"This is the end of the introduction to the international financial market situation and the development of the subprime mortgage crisis."

"The next step is to enter the question and answer session. Everyone is welcome to ask questions. As long as I can answer them, I will definitely try to answer your questions."

"If anyone has a question, please raise your hand and I will determine who will ask the question, and the staff will send you a microphone."

At the same time as he said these words, several staff arranged by the school appeared in various places in the auditorium.

Without exception, each of them has a microphone in his hand, ready to hand it to the questioner to ask questions.

Looking at the audience sitting in the audience, dozens or hundreds of people raised their arms in an instant and were ready to ask questions.

These include experts and scholars from all walks of life, teachers and classmates from the University of Finance and Economics, reporters from various media, as well as Scott and foreigners from top Wall Street investment banks.

Yao Yuan looked at the situation under the stage, and then pointed to a teacher from the University of Finance and Economics sitting in the center of the auditorium.

"This is the home court of CaiDa. Let the teachers of CaiDa give the first opportunity to ask questions."

"Teacher Zhu Bing, you can start asking questions. I hope I can answer your questions."

Following his movements, everyone turned to look at Teacher Zhu Bing who stood up quickly.

The staff member closest to Teacher Zhu Bing immediately went over and handed the microphone to her.

Teacher Zhu Bing reached out to take the microphone and started asking questions excitedly.

"Yao Yuan, your personal lecture was very exciting and impressive, and your performance was impeccable."

"But I have a few questions. According to you, the situation in the international financial market is so bad and the losses caused by the subprime mortgage crisis are so huge, but why don't we feel it personally?"

"Another point is that the subprime mortgage crisis does not seem to have affected our country? Hasn't it affected our country's financial market?"

"If the subprime mortgage crisis affects our country, what impact will it have on our economic development? Can you tell us?"

As these questions were raised, everyone looked at Yao Yuan again.