Chapter 2935: Explosion
"Has anyone started to sell?" Sitting in his office, Jiang Fei had a sneer on his lips.
"The time is just right!" Jiang Fei held a stack of reports, the most conspicuous of which was the lending situation of each bank.
The entire gamma space is immersed in a false economic prosperity, because they have never been exposed to all this before, so no one knows that all this is false, and everyone is getting bigger and bigger for their wallets And excited.
Only Jiang Fei knew that all of this was just a big pie he drew for these people.
In Jiang Fei's world, there is an old saying that labor creates value!
This statement is not false at all. Only actual labor, actual creation, and real economic development are the only correct means to drive the economy upward. Financial behavior never creates value, it just transfers value.
Everyone is speculating on the moon spirit crystal craft gas and futures, but no one has thought about where the money comes from? Who created its value? Of course not, this is just a transfer of funds. With the help of a small amount of Yuelingjing handicrafts and its futures orders, these have been transferred from one person to another, from the hands of many people to a few people hands.
Some people have indeed made money by relying on the hype of Yuelingjing handicrafts and futures, but the money they earn is not the value of Yuelingjing handicrafts or futures itself, but the money in other people's pockets, and more people have become takers.
And where did these people get their money? Without the support of the real economy, is this money created out of thin air?
That's right! The money was really conjured out of thin air by Jiang Fei with a little wrist! And the name of this little trick is leverage!
At the beginning, each of the 20 banks had only about 3 billion in capital reserves, plus the floating funds on the market, this is all the money in the entire Gamma Space. If only these funds are used to hype Yuelingjing artworks and For futures, the market will not be so hot.
But Jiang Fei introduced the concept of leverage, and then major banks took action one after another. With 30 times the leverage, the original 60 billion funds suddenly became 180 billion! Putting such a large amount of money into the market is logically bound to cause inflation.
However, Jiang Fei had premeditatedly prepared the hype project of Yuelingjing handicrafts, so that most of the 180 billion funds were invested in Yuelingjing artworks and the futures market, which led to circulation to the market. In fact, there are not many free funds in China, so the impact on normal goods in the market is not very obvious.
relatively stable prices,
Coupled with the fact that everyone has more and more money in their wallets, this illusion makes everyone think that the economic situation is good. After the banks have loaned out all the money, they have no more money to invest in the market. At this time, the crisis is coming. revealed.
Because ordinary people use loans to speculate on Yuelingjing artworks and futures. In their view, Yuelingjing artworks and futures will continue to rise, so no one is worried that the loan will be repaid, because the non-stop There is another buyer taking over.
But now that the bank has no money in hand, they have released all the funds they have inflated with 30 times leverage, and it is impossible to lend money to new investors!
Without the support of loans, how can new investors take over the offer? Just at this time, Jiang Fei's agent, the little girl, began to spread negative information. Although most people who were addicted to it were unwilling to believe it, there were always a few sober people.
And after these sober people started to sell the Yuelingjing art and its futures, more people began to see the form clearly, because these things are so expensive that no one can take them up, so many people even don't hesitate to sell them. When the price is reduced, the futures order or the handicraft spot in hand should also be thrown away.
We have said before that ordinary people are born strange, the more expensive they are, the more they buy, and the cheaper they are, the more they sell!
When the common people saw that the spot and futures prices of handicrafts that had been skyrocketing began to drop, they immediately panicked. More and more people began to sell, and the market collapsed instantly!
In just one night, the Moon Spirit Crystal handicrafts, which were originally priced at 50,000 pieces, were cut in half in an instant, and the price of futures orders plummeted all the way, even with an average price of less than 20,000.
But the more this is the case, the less people will come to take orders, which causes the prices of handicrafts and futures to fall again and again, and finally directly fall below their cost price. The spot price of each handicraft is even less than 2,000, and those futures orders It is like a piece of waste paper, no one is willing to continue to take the order no matter how much money it is.
The sharp drop in handicraft spot and futures directly led to the bankruptcy of a large number of speculators, and these people had borrowed a large sum of money from the bank. After they went bankrupt, they were naturally unable to repay their debts. Therefore, in order not to bear the loss, the bank immediately They found guarantors like Barack and Mondorick and asked them to pay off their debts.
But at this time, Mondorick and Barak had already divided up the insurance policies in their hands, and almost all large and small consortiums in the entire gamma space participated in it. This kind of nested debt relationship was instantly detonated.
The 180 billion financial bubble, let alone the rich like Barack and Mondorick, can't be blocked even if the entire gamma space is squeezed dry. You must know the original economic capacity of the entire gamma space It's only a few tens of billions.
The economic system of the gamma space collapsed in an instant, making the smiles on everyone's faces disappear. Almost everyone in the gamma space is burdened with huge debts. I don't know how many people jumped off the building in despair. Families are torn apart in despair.
"Am I going too far..." Seeing the depression on the street, Jiang Fei couldn't bear to look at the disaster reports that kept coming in his hand.
But things have progressed to this point, even Jiang Fei himself can't turn back, he can only continue, and then after the disaster, help these people recover a little bit, but for Jiang Fei, his most important task is to help The three-dimensional world is free from the restraint of gamma space, as for the others, they are all secondary.
"Boss, please go over there!" Anita hurried to Jiang Fei's office.
"Well! I'll go right away!" Jiang Fei nodded. When the crisis broke out, he knew that the consul would definitely summon him, because at this time, the consul must be more panicked than him.