how i bought the whole world

financial crisis.

I always thought that this word was far away from me, but I didn't expect that it actually had a sign.In the past few years, the chaotic financial market in the United States has not been governed and improved. Instead, it has become more messy and complicated. The credit market has shown a booming situation. The threshold for small loans has been lowered and the amount has been increased. In order to compete for customers , Various credit companies have resorted to all means, as long as customers have assets that can be mortgaged, they will issue loans, and the credit rating system is useless.

Loans that lower the credit threshold in this way are called subprime loans. The credit system in the United States is roughly divided into three classes, the prime loan market, the ALT-A loan market and the subprime loan market. Among them, prime loans are oriented to groups with credit rating scores Customers with a score above 680 are all customers with high income and reasonable debt arrangements. Because of their good credit, they need to repay lower interest, and the loan period is also allowed to be extended. The Alt-A loan market is provided to customers with scores below 680 to 620. They have good credit records, but most of them have unknown income and lack of proof of fixed assets. Their loan interest rate is slightly higher than that of the prime loan group.Subprime loans are for customers with credit scores less than 620. Most of them have unstable incomes and heavy loads, and may have a certain risk of bankruptcy. If they want to apply for loans from banks or lending institutions, they need to pay huge amounts of interest to be approved. Borrowing is allowed.

In the first year after the September 911 incident, the U.S. economy recovered slowly under the continuous guidance of the government, and the real estate market also began to gradually rise. Among them, two real estate companies, Freddie Mac and Fannie Mae, began to subsidize The loan user issues a loan agreement.After discovering that subprime loans can bring huge benefits, the subprime loan market was rapidly expanded. Not only the two real estate companies advocated issuing subprime loans, but various investment banks were also willing to carry out this business, including Lehman Corporation, Bear Stearns and other large investment banks have participated in it.

But as I said earlier, these loans are aimed at a group of people with unstable incomes and living beyond their means. They themselves have the risk of bankruptcy, especially in the case of high interest rates and short loan cycles. These factors have increased The difficulty of repayment, so when these subprime lenders are overwhelmed, then the original lending company is required to pay for these loans.

I couldn't help thinking that two years ago, WF's credit department was one of the most profitable companies in the entire group. They issued various loans to small and medium-sized enterprises and individuals, and a large part of them could obtain high profits.But recently, the performance growth rate of the WF credit department has also begun to decline.Of course, it’s not that they haven’t recruited enough customers. In fact, the number of customers is increasing, and the assets are also increasing. It’s just that compared with the good trend in the first two years, the number of people who can’t repay the loan has also increased greatly. At this time, they can only use the original mortgage Items, such as houses and cars, are provided to lending companies to repay debts, but the value of mortgaged items continues to decline over time. Even if all the assets of the lender are brought back to the auction, it will not be able to repay the loaned amount at that time, so Caused part of the losses of WF Credit Corporation.

But this is not a phenomenon unique to WF Group.It's a phenomenon across the United States.

WF is still cautious about the issuance of subprime loans. It must go through a series of assessments before allowing lenders to apply for loans, but some large investment firms do not have this concern. It is said that HSBC has already had a bad debt worth 2 million US dollars that cannot be handled. This is just the case of his family. There are still many companies that are taboo about their own bad debts. However, compared with the benefits obtained, subprime loans are still very profitable at present. Be optimistic.

However, if one day the huge market economy cannot bear the burden brought by subprime loans, then what will be the consequences? If a large number of subprime loan debtors use it, causing prices to fall, then what will happen?Will a financial crisis break out?If it will erupt, when will it erupt?

All the way back to Boston I frowned and thought about these questions.

Brandon was with me. Seeing my distressed look, he couldn't help but say, "William, did Mr. Bennet give you some trouble? You've been depressed since just now."

I came back to my senses and smiled at him, "No, Bennett didn't give me any problems, but reminded me."

In the middle of talking with Brandon, I made a decision that I should withdraw from the US credit market within one to two years and return to the Huaguo market.

……

That night, Brandon and I finished our activities on the bed. I touched his smooth back and buried my face on his shoulders and neck intoxicated.

He smells very good, a faint scent of men's perfume. I remember this perfume is a new product launched by CK this summer. It seems to be called Youth Wild, and its English name is oneshockforhim. She blushed so hard that her heart beat uncontrollably.

"If Mr. Bennett hadn't been seriously ill, we would have enjoyed the sunshine in Florence by now, baby." I said regretfully, wrapped in only one leaflet.Although most of this trip was arranged by Brandon, I also secretly booked the best restaurant, bought a bottle of red wine he liked, and planned to celebrate the two of them in the evening, but unfortunately all plans were in vain now.

Brandon turned around, put his arms around my neck, and gave me a wet kiss. His beautiful blue eyes looked at me unblinking, with a half-smile, "Isn't there a chance to meet your old lover? You Why do you seem to be full of resentment?"

"How can I have an old lover? Even if there is, you are the only one." I bowed my head and kissed his restless lips to show my loyalty.One of the things I regret the most is to tell Brandon about Gu Anning. At that time, I just wanted to tell him all about my past, but I didn't expect that the result would be that he would try to squeeze me every chance he got.

Brandon snorted softly, reached down and touched my firm chest, he raised his head and licked my chin, and then took a hard bite on it, leaving a row of clearly visible teeth marks.

"..." I touched the circle of traces that my fingers could feel.

"I'll give you a mark to remember who you are." He said with satisfaction, then stuck out the tip of his tongue to lick it, and swirled it around.

I'm not sure if Brandon's behavior is to punish me, or to seduce me, or both, in short, the lazy and arrogant look is enough to make people fascinated again. Shen, entered his body again, and then followed his suppressed and patient moan, and quickly continued to move.

It was another hour before we ended this intense affair, and Brandon pushed me away, turned over on his own, and looked at the ceiling above his head, his eyes were empty, as if he was still reminiscing about the moment when he reached the top. Feel.As a prank, I opened the skylight on the ceiling, letting the starlight from outside fill the entire bedroom.

Brandon glared at me again, pulled the blanket over himself, and I slid my hand into his blanket and he slapped it open.

"Go away, William, I don't want to be seen naked by the neighbors."

Why not, our bodies are so perfect that they should be admired.If you can't go to the beach in Nice, France, it's not bad to experience it at your own home.

I admire my body quite narcissistically, abs, I have, not as many as eight pack, but the shape of four pack abs is very obvious.The thighs are strong and powerful, they are perfect, and the buttocks are also very high. I can't see it now, but I can feel it.Then there are the pectoral muscles that are neither too strong nor too thin, the curved arms, and the lower abdomen with a seductive mermaid line...

This is a body shape that can only be achieved with the triple blessing of the gym, protein powder and personal trainer.

While I was grabbing the quilt with Brandon, I took the opportunity to talk nonsense to him, "My dear, don't you know that there is a saying in Huaguo called taking the sky as the roof and the earth as the residence, and people You will live extraordinarily happily and willfully (mouth mustache). The purpose of this sentence is to let us leave the man-made residence and feel the beauty of living in nature. I think this sentence is very reasonable. Let us experience what is Let's sit in the open air, don't you think it's as exciting as camping in the wild?"

"No, I've never heard of this saying. Even if it exists, it's definitely not about sitting on the ground in the open with no clothes on. Go away, you exhibitionist."

The two of us got tangled up and fought over the poor blanket, I tried to throw it away and Brandon held onto it so hard we ended up falling off the bunk into the soft wool rug Inside, Brandon's face was flushed with anger. He couldn't break free from my strength, so he could only pounce on me and bite me hard on the face, "William!"

I ouch. "Honey, take it easy, I have a meeting tomorrow."

There is already a tooth mark on my chin, and I can still say with complacency that my lover is too enthusiastic, and another one on my face, uh, it makes people imagine.

Brandon ignored my screams. He rolled over and sat on top of me, holding the one underneath me with one hand and squeezing it hard. "Do you like to be naked in the wild?" He narrowed his eyes and asked dangerously, as if if I said yes, he would immediately wring my butt off.

The deadly part was pinched in the warm palm, I felt my lower body tighten, and my sleeping organs were about to revive again, in order to avoid irritating Brandon, I quickly began to explain, "Why, I'm not a pervert. But now it won't be seen."

Every house in Newton is very separated. There are green areas and hedge trees in the front yard, and fences and walls in the back garden. Even if the neighbor has a ten-meter-long neck, he can’t spy into the inside of the house, and there are security guards outside the house at any time. Patrols, it's definitely safe to protect the privacy of employers, no one will see us like this.

Brandon doesn't like this, "So what do you mean you're going to Nice, don't tell me you forgot that it's an alder body beach open to the public, you want me to see other women's bodies, or think a lot Did people see my body?"

I was furious immediately, "Who dares to look at you!" See if I don't beat him into an invisible pig's head, regardless of whether he is a man or a woman, but seeing Brandon's cold face and tightly pursed lips, my The arrogance was extinguished immediately, and he apologized cautiously, "Of course not, Brandon, I really want to sunbathe with you, but definitely not in public, I mean let's go to a private beach, my mother has one in Nice A vacation villa, she can lend us the house to live in temporarily, no outsiders, um, you misunderstood me."

Brandon's expression softened slightly.But after a while, I suddenly looked down at me as if thinking of something, "William, tell me that you didn't do any other strange things, such as taking videos and photos that you can't see people, or collecting used things. water glasses and socks and such."

"..." It seems that I have to get rid of the camera in front of the bedroom TV as soon as possible.

"That's it?!" Brandon raised his eyebrows again, and he couldn't help shouting at me. "William Field, you bastard, go to hell with me!"