Chapter 1547 You Are Creating a Disaster

Well, just think about these things, they are simply unrealistic. In a capital market full of fraud, what can you expect? If the stock index seriously deviates from economic fundamentals, either your data is falsifying, or there is something wrong with your securities market.

"Don't talk about it, Warren, just say it, I'm going to watch the game soon."

Buffett had a black line on his face, you bastard, when did you become a fan again?

"Um, you've been scolded a lot recently. I heard that you've run into financial problems and are planning a wholesale sale." William White looked at Buffett, an old gangster, with a resentful look on his face. Damn, can you still show some moral integrity? Manchester United’s little money is of no use. If I really want to cash out, wouldn’t it be good for me to sell it as a whole?

"Of course I want the money, but do you know that there are loan requirements, and the risk is already very high now. How can I lend money to someone with poor credit?" William White knew very well. , while the Fed is releasing water, it does not want prices to change too much.

Damn it, is this very difficult for you?

Unless, unless all the money stays somewhere.

Apparently, they found it.

"Or is it just an attitude? Now you are just giving suggestions and not providing guidance?"

"Okay, okay, Warren, you and I both know that we are not discussing Keynesianism now. Peanutton and the Fed have stretched their hands too far.

Know what's next? "

Of course Buffett knows that Wall Street and Peanut have always been at odds with each other. In other words, these two levels of opposition should not be brought together at all.

However, whenever Wall Street encounters difficulties, Peanutton will take a step closer. Following this step by step, will you really be able to figure out the difference between Maozi and Yingjiang in the future?

At the very least, everything on the surface is basically the same. The United States is becoming more and more stupid, and the United States is becoming more and more stupid. Damn it, what could be funnier than this.

"I need a loan, I do. But I decided to use the gold as collateral.

As for the Fed's suggestion, I accept it verbally. "William White curled his lips and didn't take it seriously. Hey, it's really easy to fool him as a buddy. Damn, this rag you are doing now will be the subprime mortgage in the future.

Alas, that is to say, there is no second generation of the lamp, otherwise, Yingjiang will be really miserable, miserable.

"My dear, giving you money is unbelievable. Why do you refuse?"

With Li Fuzhen holding the little bird in his arms, William White felt a little emotional, Damn, the youth disease has become more and more serious recently, and I have to sigh at every turn, you are really idle and it hurts.

"They are creating a disaster. You know, the game of beating the drum and passing the flowers is nothing. This is how the financial market plays. However, one thing is very important. People participating in the game must have a certain ability to resist risks."

"Um, why? Isn't there collateral? There is also insurance, and by the way, there are many derivatives. Your White Bank seems to have no risk at all.

I think this is actually what Buffett doesn't understand. Cluck, cluck, the old guy is probably even more confused now. Husband, if there is no one else now, why don't you just tell me? At worst, I will let you have your wish. "

"Hey, why do I feel like there's a trap here? It's so easy to talk to. Hey, maybe you want to try it yourself?

Don't pinch, don't pinch, that place looks hard, but it's actually very fragile! "

William White, grinning, began to educate Li Fuzhen on science. Of course, he didn't know how to use financial terms. That kind of bad thing is what the Bricks like to do, because they don't know what they are talking about, so they will knock you out first before talking about anything else.

“In this case, what does it mean to relax the review standards of lenders?

This means that these people have no loan qualifications at all. Think about it, how many people in the United States do not have this qualification?

Let’s put it this way, lower middle class. "

"What's the problem with this? Isn't this the majority of people in the United States?"

"How is it possible? What are you thinking? It's not that people below the middle class are not eligible for loans. This group of people belong to the non-mainstream. The absolute number is not small, but they are definitely not the majority.

Alas, this actually doesn't matter. These people may not be able to repay the loan. Some people are just unwilling to take responsibility. "Seeing that the girl's eyes were filled with mosquito coils, William White decided to keep it simple.

"Anthony, who sells used cars, took out a loan to buy an apartment worth $50,000. For a guy who lives and earns money, this may be a kind of forced savings.

That's great, isn't it? Seeing the girl nodding, William White continued: "But after the bank launches this policy, more people will join the ranks of buying houses."

Ever since, the house worth 50,000 yuan became 75,000 yuan. Louis, the parking boy, bought the apartment.

You see, we have relaxed loan requirements, and even the down payment is not required. If the current policy is fully understood, Louis will have an apartment without spending a penny.

What's the most outrageous thing? The house price rose to 85,000 in just six months. If at this time, Louis is unemployed and needs money, what should he do?

Going to collect unemployment benefits?

No need, just go get an extra loan of 10,000 from the bank. Louis spent a year living like crazy, and finally, he sold the house for $100,000 to Anna, a nightclub escort girl.

Then just keep going.

As long as housing prices don't collapse, you can keep playing this game. Eventually, you will find that, my God, people in this world are so stupid. Since real estate speculation can make the economy develop very well, you idiots should have done it earlier. Did you go? "

There is no need to say anything at this point. Li Fuzhen is not stupid. In fact, she has understood it a long time ago. The confused expression at this moment is just to make someone more happy.

"Dear, if this is the case, then three people have their own houses. Although their income is not stable, they can still be regarded as the property class. At the very least, social stability will be improved, right?

Hey, no, the two guys before sold the house. "

"Dear, if you just squander the money, it's not terrible. What's terrible is that they think of making a living from it." Li Fuzhen really understood this time, oh my god, this is really terrible. So, who Are you going to take the blame?

"Do you understand? Tell me, can you bear the blame?"

William White closed his eyes and said nothing. This is still a conventional method. If you are involved in this, if you continue to deal with the appraisal company.

It’s really not that simple to turn a house worth 100,000 into 120,000. Just like Japan back then, there is nothing difficult about valuation. Anyway, house prices are rising every day. So what if the price I gave is higher? If you are not convinced, go check it out.