The Winner of Life Through the Second Dimension

"is it so serious?"

"No way? How long has it been since the crisis of the bubble economy burst, how come a new round of economic crisis has come again?"

"Is there any evidence? You can't talk nonsense as a joke."

"It's better to believe what it has than to believe it doesn't."

"Hoover hell after the Coolidge boom?"

"Hey, this is not a joke. It was the Great Depression."

After getting a reply, the venue suddenly became noisy, not because they lacked quality, but because the consequences of the Great Depression were really scary.Even worse than the bubble economy.

In 1929, the financial crisis broke out in the United States and soon swept the world.The Great Depression was devastating for both developed and developing countries, nearly paralyzing the entire economy.The per capita income tax profit price has fallen across the board, international trade has dropped by 50%, and the unemployment rate in the United States has soared to 25%, and some countries even reached 33%.

All major cities around the world have been hit hard, especially in areas that depend on heavy industry.Construction work in many countries is practically impossible.Agricultural prices fell by about 60%, hitting agriculture hard.With no alternative jobs, sectors such as cash crop mining and logging in the primary industry have been hit the hardest.Some top economies only began to slowly recover in the mid-30s.And most countries did not catch their breath until after the end of World War II, after more than ten years.

"I'll tell you, that's what I look like." Shinsuke said with a serious face.

ps: It's useless to send emails from Tieba, please send the screenshots.A screenshot of your account plus a screenshot of yourself being a member, otherwise how would I know if it was you.The first is more offered.

Chapter [-] Global Feast ([-])

"Do you think I'm joking?"

"Or do you believe that I will hold such a global conference just to make a joke, and even invite more than 230 Fortune [-] companies to make a joke?"

The audience fell into silence again.Indeed, they also know that such a big battle is basically impossible to be fake.Because if it's really just a joke, then this joke is really a big deal.

In fact, there are still a small number of people in the field who are very calm. In addition to some people who can sense the imminent crisis, there are some people who Shinsuke mentioned to them earlier, such as Buffett, Gates and so on.

"Is there any evidence?" Someone asked seriously.

"Have."

Shinsuke showed you a series of preferential loan policies and real estate policies in the United States through the big screen behind him.

"During the Great Depression, domestic demand in the United States was sluggish. Therefore, one of the decisions of Roosevelt's New Deal was to set up "Fannie Mae" to provide housing financing for the people, to help people buy houses, and to stimulate domestic demand. In 1970, the United States established the "Fannie Mae" "Mei", which is comparable in size to Fannie Mae. Although "Two Houses" is a privately held company, it enjoys the privilege of implicit government guarantees, so the bonds it issues have the same rating as U.S. Treasuries. Since the end of the last century , under the circumstances of loose monetary policy asset securitization and accelerated innovation of financial derivative products, the implicit guarantee scale of "two houses" expanded rapidly, and its directly held and guaranteed mortgage loans and mortgage loans as collaterals The $1990 billion in 7400 exploded to $49 trillion this year. But in the process of rapidly developing the business, the "two houses" ignored the quality of the assets, which has become a hotbed of crisis."

"And the "abuse" of financial derivatives has also lengthened the chain of financial transactions and fueled speculation. "Liangfang" purchases illiquid loans from commercial banks and mortgage companies, and converts them into bonds through asset securitization in the market. To attract financial institutions such as investment banks to buy, and investment banks use "superb" financial engineering technology, and then split, package and combine them and sell them."

"In this process, the initial loan of one yuan can be enlarged into financial derivatives of several yuan or even ten yuan, thus lengthening the chain of financial transactions, and finally no one cares about the real basic value of these financial products. This further encourages short-term speculation. But speculation is just an appearance, and greed is the essence. This is also a problem that everyone here has. Of course, so do I, after all, everyone is a businessman."

"Take Lehman Brothers as an example, its research ability and financial innovation ability are world-class, no one understands the meaning of risk better than them, but I am sure that the worst dead in this crisis will be them. The reason is that the management and employees of Lehman Brothers hold about 13% of the company's stock, and they only know how to speculate wildly to make money, without considering the interests of other shareholders and shareholders. Why do you ask me? Because I happen to be them too. One of the shareholders of the company, and you can find out this kind of thing when you go back and check."

"The third piece of evidence is the fueling of U.S. monetary policy." The related U.S. policies appeared on the screen.

“In response to the bursting of the dot-com bubble around 2000, the Federal Reserve lowered the federal funds rate 2001 times in a row from January 1 to June 2003. The interest rate dropped from 6 to a record low of 13, and stayed at 65 for a while. Years long. Low interest rates have prompted the American people to put their savings into investment asset banks to lend too much, which will contribute to the continued expansion of the US real estate bubble. Moreover, the Fed's monetary policy has also "induced" the market to form an expectation that as long as the market is in a downturn , the government will definitely rescue the market, so now the whole Wall Street is full of speculation. However, they do not know that once the monetary policy is continuously tightened, the real estate bubble will begin to burst, and the default rate of the low credit class will rise first, The resulting spree of defaults will begin to engulf every financial institution that is aspiring to make money.”

"All kinds of conditions are intertwined, and the outbreak of an economic crisis is inevitable. Therefore, I am here to conclude that a new round of economic crisis will break out first on Wall Street in the United States within two years at the latest, and will soon sweep the world."

"As for why Wall Street? Because Wall Street is the seat of major American monopolies and financial institutions, including the New York Stock Exchange, American Stock Exchange, investment banks, government and city-run securities dealers, trust companies, Federal Reserve Banks, utilities and insurance companies. It has become the center of financial securities trading in the United States and the world. I believe that many of you are headquartered on Wall Street. Right? If there is a crisis, you will be the first to be hit, followed by Europe.”

"Okay, after talking so much in one breath, my mouth is also a little thirsty, and I believe many people are still confused and can't understand. So now the meeting is over for 30 minutes, and the relevant information is on the computers on everyone's desks. Yes, you can take a look."

"Also, if you want to know if what I just said is true, you can send someone to check it. I think it's easy for you, right? Of course, please use our communication tool, otherwise you won't be able to call out. Yes. But please don't divulge the content of this meeting. There are a lot of eyes on us right now. Like fbimi6."

"After all, our combined strength can subvert the world. They should be worried. That's why I didn't invite state-owned enterprises, but all of them are private enterprises. I'll talk about the details later. Let's adjourn the meeting now, no, China. rest."

After Shinsuke finished speaking, he immediately took a few sips of water to moisten his throat.Then he walked in the direction of Junichiro.

"How? Is there any accident?"

"The signal blocking device is working fine, so don't worry about the eavesdropping device. And the whole building is blocked by the shadow forces, and the security system developed by Shallow is activated, not even a fly can fly in. And give them communication tools They are all equipped with eavesdropping devices, and there are special people in charge. Once there are signs of leaks, the conversation will be cut off. Follow-up work is also being prepared and can be started at any time.”

"Thanks for your hard work."

"Everything is for the Kingdom of God"

"Xinjie-kun, what are you planning?" Buffett and Gates walked over together.

"Look at what you said, it's really just to unite for self-preservation. If it's not so secretive, do you think the governments of various countries will let us form an alliance? Of course, there is a little bit of selfishness. understood."

"How about not talking about that?" Buffett asked.

"How about what?"

"My family, weiss, won't you forget it if you haven't seen you for a few years? After living with you for a year, she has been thinking about you all the time."

"So, what do you mean? I have a fiancée."

"I don't mind."

"You don't mind having shit, it's not you who married me." Xinsuke complained in his heart.

"Weiss doesn't mind, after all, she has always lived in high society." Buffett seemed to understand Shinsuke's concerns.

"Let's take a look and then talk. You don't mind, I don't mind, but my family does. I'll talk about it when I've got mine done."

"Then you have to work hard. Maybe one day her father will help her get engaged. Personally, I still think you are better."

"Yes, there is no rush to open the harem."

After Buffett left, several people came to talk to Shinsuke. In addition to asking about the content of the meeting, they introduced their daughter or granddaughter to Shinsuke.Not to mention, everyone is really beautiful, and they are all people of high society.If Shinsuke didn't feel that there were enough flags that the family had already done and those that had not been done yet, he might have collected them all.But he still prefers oriental beauties to western beauties.So Shinsuke all politely declined.

Half an hour passed quickly, and Shinsuke returned to the podium. "I believe that after half an hour of relaxation, everyone understands what's going on, right? Then, the next content is very secret and there are certain risks. Therefore, those who want to withdraw can withdraw now, and I will not force it. However, with the The relative risk will be the huge benefit reward. Now there is ten minutes to consider, and the venue will be completely closed after ten minutes. It will be difficult for those who participated in the meeting to quit." Xinsuke repeatedly reminded.