Chapter 2930 Is About to Start

"My lord, although I am willing to do this, will Barack spit out the fat that reaches his mouth?" Mondorick asked with some concern.

"Don't worry, you can talk to him, he will agree!" Jiang Fei laughed.

"Thank you, sir!" After Mondorick came out from Jiang Fei, he went directly to Barak.

After seeing Barak, Mondorick said the matter, Barak only hesitated for a moment, and he nodded in agreement.

Although it seems that he wants to spit out a lot of benefits, in fact, Barack is not at a loss, because the 30 billion bill is not cash, this thing is a 10-year insurance policy, which means that his annual premium is only 3 billion , but it is possible to take a risk of 4.5 billion at any time.

Now that Barack sells 20 billion insurance policies, while getting rid of the risk of 3 billion in compensation, he can immediately cash out 5 billion. This 5 billion is real cash, and he can use the money For other investments, you have to count the inside and the outside. Although you may lose some benefits, you will indeed reduce the risk in exchange, and you can also obtain a large amount of liquidity.

And there is another point that is more important. Mondorick explained at the beginning that this is Lord Ralph's idea, and this is also one of the important factors that affect Barack's decision!

You must know that Jiang Fei is now the policy planner of the entire gamma space. The reason why Barack was able to get such a large insurance policy was because Jiang Fei was a matchmaker, so he dared not give Jiang Fei face. Fly had already set aside enough profit for him, so there was no reason for Ballack to refuse at all.

So on the same day, Montoric signed an agreement with Barack, purchased the 20 billion insurance policy into his own name, and paid Barack a large sum of money for this.

It is almost impossible to keep this kind of big financial action secret, so the news spread quickly. In the next few days, all the large and small consortiums in the entire gamma space took action, and they approached Barack and Mondorick hopes to get some insurance policies from these two people. After all, the business of this insurance policy is too profitable.

There was no movement from these consortiums before, mainly because they didn’t know Jiang Fei’s attitude. They thought that Jiang Fei was deliberately supporting Barack, so no one dared to have any unreasonable thoughts. In addition, the funds of these consortia did not have Barack or Mondorick. Such a giant businessman is strong, so he cannot accept such a large order.

But now that the precedent is set, everyone sees hope. They know that Jiang Fei allows this kind of insurance policy to be traded twice, and this policy can also be split. As a result, other consortiums have taken action one after another.

Under the lobbying of these consortiums, Mondolik soon began to sell the insurance policies in his hands. His idea was similar to that of Barack. Since someone is willing to take risks,

They can withdraw cash immediately, so what is the difference between making a lot of money overnight?

So these two people sold all the insurance policies in their hands and took a large amount of cash.

After the policies in the hands of Barack and Mondolik were sold out, smaller consortiums and companies targeted the large consortiums that obtained policies from Barack and Mondolik. In order to transfer risks and cash , and quickly sold the policy in his hand after splitting it again.

After just one week, these insurance policies changed hands no less than four or five times. Although the profit of the policy will be reduced after each change of hands, many people are still willing to take over because it is profitable after all.

Moreover, when the risk was calculated, it was estimated based on a higher value of 5%. The actual overdue risk is not so high, so even if these policies are already in a state of zero profit on paper, they are still There are still people willing to take the offer.

The reason is very simple, the current economic situation is so good, the price of Yue Lingjing artworks is rising wildly, everyone is scrambling to buy these artworks and its futures orders, almost most of these people have borrowed money from the bank Yes, but some people are mortgage loans, and some people are credit loans.

But no matter what kind of loan is used, under the situation that the prices of Yuelingjing artworks and futures orders are soaring, all lenders are not worried about repaying their loans, because the Yuelingjing artworks or It's a futures order. As long as you sell it, you can make a lot of money. Compared with it, the little interest from the bank is nothing.

In this case, the default rate of bank loans is almost zero, because everyone is making money, and they have no problem repaying the loan at all. In this way, those businessmen who hold insurance policies are equal to free premiums and do not have to bear the burden at all. Risk, so as long as they can win the insurance policy, they are willing to try.

Time flies, and another week has passed in a flash. The most obvious thing Jiang Fei feels at this time is that the number of workers on his construction site is rapidly decreasing, because everyone thinks that borrowing money to speculate in moon spirit crystal futures is much faster than hard work. Yes, and much easier.

Since there is a method that is both easy and quick, who wants to work on the construction site!

From the time Jiang Fei advised the bankers to allow them to open up credit loans, in a little over two weeks, the turnover rate of workers on Jiang Fei's construction site was as high as 70%!

Looking at this data, a smile appeared on Jiang Fei's face.

"Finally it's almost there!" Jiang Fei nodded in satisfaction, and then, regardless of whether it was time to get off work, he left the city hall and returned to his home.

"Huh? Are you back so early today?" Lina hadn't cooked dinner yet.

"Come on, let's go out to eat tonight." Jiang Fei smiled.

"Why do you suddenly think of going out to eat?" Lina asked.

"If you don't go out for a meal, you won't have a chance in the future." Jiang Fei laughed.

"What do you mean?" Lina asked.

"Do you want revenge?" Jiang Fei asked back.

"Huh?" Lina was taken aback.

"What do I think, you should be able to guess, I'm going to do it." Jiang Fei said.

"Now?" Lina was very puzzled. According to the content of Jiang Fei's lectures during this period, shouldn't the rebellion have the highest success rate when the society is in turmoil? Now the entire gamma space is thriving, and the whole society is full of passion. Will the people support the rebellion at this time?

"Let's go! Go eat!" Jiang Fei laughed.

"Oh! I'm going to change clothes." Lina nodded blankly, and she felt that she couldn't understand the man in front of her even more.

About twenty minutes later, Lina came down from the stairs in full dress. It could be seen that she not only picked out a very beautiful dress, but also put on her makeup meticulously.