Chapter 1759 Unemployment in the United States

Today happened to be the Los Angeles Rain and Rain team coming to New York to play against the Brooklyn Nets. Feng Yu stopped by to watch a game, which can be regarded as a way to relax his nerves.

In the team's locker room before the game, Feng Yu came over to see the team's recent situation. Several of the team's main players were injured this year, but it gave Huaxia players many opportunities to play.

Before entering, Arenas was chatting with Martin, saying that several of his friends were unemployed. Back then I was working in a bank, which is definitely a good job, with a high salary and not tiring.

Unexpectedly, last year's subprime mortgage crisis would be so serious that banking institutions in the United States began to lay off employees one after another.

Martin said that several of his friends were even more miserable. They worked at AT&T. As a result, due to the financial crisis and the rise of the mobile phone business, the number of customers who installed traditional phones dropped sharply, which caused their income to drop sharply, and they had to start laying off employees.

Billups, who was wearing a suit, said that they are good. He has a friend who works in the same car. This is the world's largest car company, and the result is also a large-scale layoff.

They were talking, when they saw Feng Yu coming in, they hurriedly stood up to say hello. Speaking of which, their salaries for playing may not be as high as other teams, but they have more advertising endorsements and so on, which made them a lot of money.

Several times other teams came to poach people, and they were unwilling to leave unless the team took the initiative to trade.

Paul Allen once complained to the league that the Storm team had a shady scene. There is no reason for so many All-Star players to be on one team. But he forgot that in order to fight against the Storm Team, he organized the Big Five, and even the sixth man was a star player with an annual salary of tens of millions.

Moreover, it is not uncommon for players in the league to take the initiative to cut their salaries in order to compete for the championship. Besides, many fans like to watch the confrontation between New York and Los Angeles now, not to mention that this has opened up the Chinese and Russian markets for the league.

"This year is the Olympic year, Karl. Players cannot be injured. It doesn't matter if you can't make it to the finals this year. At the end of the season, it's the same as the previous two years. Organize some people to be training partners for the Huaxia team. I won't treat you badly. By the way You can go to Huaxia to watch the Olympics.”

These players are very happy to go to Huaxia. Going here means that they can play and make a fortune. Their popularity in Huaxia is very high.

Even everyone in the team can speak a few simple Chinese words. Who made the team have so many Chinese players?

There were several black players among them, and they had to spend more to take care of their friends. Especially this year's situation is not good, many of their relatives and friends are unemployed, and they also need to work harder to make money.

Most of these players are not highly educated. They don't understand why the economy of the United States has suddenly deteriorated. Why are so many people unemployed?

In their view, when the economic situation is not good, shouldn’t more people get loans to tide over the difficulties? Normally, banks should need more talents. Why do banks lay off the most employees?

"Mr. Feng, my agent told me that it is best not to invest in stocks recently, saying that the U.S. stock market will continue to fall. Is this true?" Pierce suddenly asked.

Feng Yu smiled: "That's right, your agent didn't lie to you. Don't look at the US stock market that seems to have rebounded these days, it's all an illusion."

Pierce had a bitter face. His salary was not low, and it was the highest in the team. Although it was only 13 million US dollars, it was not as good as the big brothers of other teams. But he has a lot of advertising endorsements, which are enough to make his income rank among the top of all players.

But he knows very well that many players go bankrupt soon after retiring because they don't know how to manage money.

Feng Yu once told them that he wanted them to learn about financial management and not just enjoy it after making too much money. A life of bankruptcy is definitely not what they want to live.

In the past, Pierce would give some money to his broker to invest in stocks. At that time, almost everything in the U.S. stock market went up. However, since the second half of last year, the situation has suddenly taken a turn for the worse. The stock market went from a peak of 14,000 points to

It has fallen to the current 10,000.

Pierce really didn't know what he should invest in. Could it be that the money was deposited in the bank? But his friend in the bank told him that the existence of a bank is equivalent to a depreciation of the dollar. Has the dollar been falling?

Feng Yu looked at several other players, including Dayao and other Huaxia players.

"Well, let me give you a little suggestion. There is also a branch of Fengyu Consulting in the United States. You can invest your money in Fengyu Consulting. I think most of you have reached the minimum threshold of one million dollars, right? "

"The return rate of Fengyu Consulting will not let you down. Although it can't make you rich, it will definitely make your asset growth easily outperform the market."

Feng Yu doesn't mind giving these players some opportunities to make money. These players have also contributed a lot to the team. It is not easy for the Los Angeles Storm to make money every year.

What's more, the money spent on buying the team at the beginning has already been earned back, not to mention, the team has also appreciated ten times! Coupled with some advertising effects, etc., Feng Yu earned too much.

The salaries of some Chinese players are not high, and they have to pay taxes in the United States and China, as well as pay training fees, send money to their families, and so on, so they took out a million dollars all at once. very difficult.

Seeing those Huaxia players who wanted to invest and felt a little embarrassed, Feng Yu pointed out: "You can pool it together, just make up more than one million US dollars, and sign the agreement in advance to avoid disputes. Or you can invest in China , Taihua Consulting is also good, one million RMB over there will do.”

Before coming in, Feng Yu heard what they said that the unemployment in the United States was getting worse, and this Feng Yu has been paying attention.

At this time, the top layoffs in the United States are the banking and automobile industries, followed by the real estate industry and the express delivery industry.

Because the bank suffered too much loss, many salesmen were needed to handle business before, but now there is not so much business at all, so why do they still support so many people?

Giving a sum of compensation is the best choice for the company to lose weight. The auto industry is even simpler. Layoffs can save some expenses such as pensions and medical insurance, which are much higher than the compensation to be paid for layoffs.

As for the real estate industry ranking behind, it was because last year, the real estate industry had already laid off a large number of employees, and this year's layoffs will naturally be much less.

The same is true for the express delivery industry. There are fewer shoppers, less trade, and the natural decline of logistics development. The value of personnel in the express delivery industry itself is not high. Non-technical talents, courier salaries and social security, etc., are also the company's largest expenditure, layoffs can get them through.

The top banks have laid off more than 10,000 employees, and according to the analysis, this layoff will not end. For many banks, 10,000 layoffs are not enough. The unemployment wave in the United States will become more and more serious.

"Okay, let's go play and protect yourself."

Even though the economic situation is so bad, the arena in Brooklyn is still full of seats, but Feng Yu found that the advertisements of several car companies on the sidelines have been replaced. In order to save money, those car companies have already started to save even this little money ?

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