I just want to make money

Chapter 158 The third bomb, Lin is an American hero

11:15pm.

That is, half an hour after Lin Yi and the others were attacked by the action team, Lin Yi stood in front of the live camera again.

His move,

Attract the attention of the world again.

Because many people know that this big devil is going to make a new move. People don't know who this shot will be aimed at, but many people have already started to get nervous.

Lin Yi spread his hands, "I don't know how many people are still watching the live broadcast. I'm afraid it's no less than 11 million. It's past [-] o'clock in the evening. I want to talk about something lighter. Let's call him 'City Night Talk'." 'Bar."

Many people's hearts are quietly relaxed.

Lin Yi looked at the camera with clear eyes, "Since 2000, real estate has become more and more prosperous. Among office colleagues, friends, and relatives, the most talked about houses are houses. Many people are happy because they bought a house in time. , some people are very annoyed because they have not dared to make a move and watched the house price rise day by day."

"From 2000 to 2006, house prices have more than doubled. The previous 70 million units of villas have now risen to 150 million. Many people think that it would be great if they bought one more unit. Doubling the investment is not enough. easy to find."

"But there are also many people who can't afford a house. What to do, take a loan, but the loan needs collateral, what to do, it doesn't matter, the financial institution guarantees, as long as you sign, the house is yours, you live in the house, or collect rent, etc. After the price of the house rises, you can sell it again, not only keeping the house for nothing, but also taking the opportunity to make a fortune.”

"In this way, many people who have no job, no fixed income and no assets, got their first house in their lives. They thank the government for the "Home Ownership" program."

"But this kind of loan has huge risks. Will real estate companies and financial companies cover it by themselves? Of course not, how can they keep the danger to themselves? I believe many people know that these housing loan bonds are packaged and carried out. Asset securitization, resale to various downstream funds, and the funds are then sold to ordinary investors.”

"Look, ordinary investors are the ones who pay the bill in the end."

"But this model is based on one foundation, that is, the value of housing continues to increase, buyers continue to increase, and large-scale mortgage defaults and supply cuts will not occur. Through decentralization, the default rate is guaranteed to be low, and profits can cover risks. "

"What is the scale of subprime housing loans today? Eight trillion US dollars, a huge number, and how many families are involved, tens of millions of households."

"But many people don't know that the crisis has come, the house will not appreciate forever, it will always stop to a certain extent, and at that time, there will be a big problem with the circulation of the house, the house cannot be realized, and the housing loan of the three non-persons How to repay it?"

"I have a survey report between real estate companies and financial consortiums. In fact, they have analyzed that the crisis has arrived and is inevitable. Housing prices have stopped growing this year. If the original three-none buyers repay their mortgages, that is The Arabian Nights, they can't even pay the interest."

"Some people say to take back the house, hehe, the house is already a financial derivative, its value is the value of the loan, and the house is worthless, the loan will also become worthless, and the financial derivatives formed by it will naturally fall in value. until it completely collapses."

"What's even more frightening is that ordinary people are just victims, and some big financial companies, after seeing these crises, are already making preparations for how to sell short and suck blood again in this crisis."

Lin Yi smiled at the camera,
"Maybe there is still a chance to escape now. If it is later, those subprime mortgage bonds that have become garbage will be thrown into the hands of investors, and all investors will lose their money."

"Regarding the housing subprime mortgage crisis, I will post the information on the Internet. Those who are interested can download it for themselves, especially those who have invested in it. I hope it will be of some help to you."

"That's all for tonight's 'City Night Talk'. I hope everyone has a good dream. Goodbye."

good dream
What a dream.

in front of the TV,

audience in front of the network,

Many people shuddered when they heard what Lin Yi said.

Especially those homebuyers and investors.

It's strange to be able to sleep.

Homebuyers know that their previous dream of making a fortune with a house is about to be shattered. The Prophet of Spring River Plumbing Ducks, as buyers, naturally feel that the price of houses is indeed no longer rising, and there are very few buyers.

Houses that used to be hot sellers are now put up and no one cares about them.

Investors also feel the crisis. They buy a large amount of financial derivatives, expecting to make money through investment, but if these securities are thundered, their investment will be in vain.

The most nervous ones are actually real estate companies and financial consortiums. As the instigators, don’t they see the crisis? No, they have already seen it. Can find a way to hold on.

fannie mae,
Freddie,
There are also financial operators behind playing Ray Brothers.

The subprime mortgage crisis was exposed by Lin Yi so quickly, which made them feel very uncomfortable. They naturally knew that this was a financial nuclear warhead, and how dangerous it would be if it exploded. Originally, they wanted to procrastinate, but now I can't drag it on any longer.

In fact, since this year,

There are so many unique landscapes popping up all over the United States that there are more and more real estate ads.

Price cuts, gift certificates, houses that were snapped up before, now you can do your best, but there are still very few buyers.

in history,
The so-called 2008 financial crisis really started in February 2007. In February 2, HSBC announced that its North American home loan mortgage business suffered huge losses and wrote down related assets by 2007 billion US dollars. The subprime mortgage crisis kicked off.

In April, New Century Financial Corporation, the second largest subprime mortgage loan company in the United States, filed for bankruptcy protection due to its inability to repay its debts. Subsequently, more than 4 subprime mortgage loan companies in the United States went out of business one after another.

In August, Bear Stearns, the fifth largest investment bank in the United States, was affected by the subprime mortgage crisis and announced the bankruptcy of two of its hedge funds. Afterwards, Bear Stearns, Lehman Brothers, Citigroup, Merrill Lynch, **, UBS, etc. exploded one after another. Huge losses.

Afterwards,

All kinds of thunderstorms and various panics spread, which led to the full-scale outbreak of the 2008 financial crisis, which spread to the whole world.

It's 2006 now,
But the problem already exists.

It's just that those real estate companies are still struggling to support them.

Lin Yi just pricked the abscess ahead of time.

As for the information he released, there are transaction data within real estate companies and financial data from financial companies.

Data doesn't lie.

Whether it is making money or losing money, these data are clear at a glance.

It is late night.

Lin Yi calmly said a "city night talk", but it caused many companies to be blown upside down, and more people are destined to be unable to sleep tonight.

Many people know that
tomorrow,

There will be another thunderstorm on Wall Street.

this night,
Wall Street does not know how many bigwigs will hold meetings overnight to study and deal with problems that may arise tomorrow.

There are also possible chain reactions.

As for Lin Yi, he knew that it was impossible for the economic crisis to erupt just because of his words, but he was sure that in the future, people would definitely regard tonight as the starting point of the economic crisis.

The outbreak also has a long process, maybe half a year or a year. During this period, those companies with problems are struggling first, and they will surrender when they can't survive, and they will become the scum of the economic crisis.

This night,
it's hard,
But it's over.

A new day has come.

Many people have never felt such a long day, and the so-called day feels like a year is probably this feeling.

nine in the morning,

U.S. stock markets open.

As soon as I came up, I performed a high-altitude dive.

Drive low and go low.

And the decline is very large.

Affected by Lin Yi's evening talk, real estate subprime mortgage securities were sold off in large numbers, and prices fell precipitously.

But it's not over yet.

At noon, news came out that Congress was preparing to investigate the president and limit some of the president's powers. On the other hand, the FBI officially launched a criminal investigation into the poisoning of the former president.

Panic,

The market panicked even more,

Continue to fall like crazy.

in the afternoon,

Madoff was arrested by the FBI. In the camera, the old man was in handcuffs and was taken under pressure by two people for interrogation. The background was his securities company on Wall Street.

At the same time, analysis articles on the real estate bubble began to appear on the Internet and in newspapers. The data provided by Lin Yi is sufficient. It only takes a little analysis to know the result. The house cannot be sold, the people cannot afford the mortgage, and it is useless for the bank to take back the house , financial companies sell bonds to investors, and this series of connections will surely trigger a new round of financial crisis.

2 pm.

The Federal Reserve and the Securities Regulatory Commission announced a series of emergency measures, first announcing that the New York Stock Exchange will suspend trading for 2 days.

Because the U.S. stock market plummeted, the stock markets of other countries also fell. After the U.S. announced a market closure, Germany, Japan and other countries also announced a one-day closure.

Even so,

It has also fallen by 18% today, an absolute plunge.

And the problem has not been solved at all. This is just the beginning. The US president was involved in the murder case, the biggest fraud on Wall Street, and the real estate storm.

How can I solve the problem.

No one is confident now.

The Great Depression in the United States in the 30s was also due to the stock market crash. At that time, many measures were taken, but it was still irreparable. When the fire alarm number hit the building, the market was also closed. In the following two weeks, the stock price still fell by about 50%. In 2008 When the subprime mortgage crisis broke out in [-], the market was still rescued, and various measures and measures were implemented, but it was still difficult to stop the decline.

so,

This method only allows them a buffer period, but it cannot solve the fundamental problem.

the other side.

Lin Yi who created this crisis.

I am not idle today.

Still in a confrontation with the police.

The FBI tried every means to contact Lin Yi, negotiated with him and hoped that he would stop his actions, especially to resolve the electromagnetic bomb crisis, and asked Lin Yi what he wanted.

request?
Lin Yi's original intention of creating this trouble was to add trouble to the United States, and by the way, operate the stock market investment to make some small money.

As for specific requirements,
He really didn't.

"My request is very simple, oppose US hegemony, oppose war, stop aggression against Iraq, withdraw troops from Iraq, stop war on Afghanistan, withdraw troops from Afghanistan, stop all aggression."

Lin Yi said this,

It's all about confusing the public.

have to say,

As soon as he said this, people's definition of him changed from a terrorist to an anti-war person.

This can also support why he threatened the government with electromagnetic bombs and broadcast live. We are for anti-war.

Anti-war is very noble, right?

As soon as Lin Yi's remarks came out.

The internet is buzzing again.

"I always thought that 'Lin' was not a terrorist, at least not a pure terrorist. Now I finally know that he is an anti-war fighter."

"He announced the problems of the United States to the outside world, but it was actually for the good of the United States. Lin is a hero of the United States."

"Against the war, Lin will be my idol from now on."

"Our anti-war alliance will regard 'Lin' as one of the spiritual leaders in the future. He is the real anti-war. Only such behavior can attract the attention of the government, instead of sitting on the side of the road and holding a sign shouting Shouting, the sound is too weak, and shouting with a nuclear bomb is definitely much louder than shouting with a sign."

(End of this chapter)