Chapter 350 Subprime Crisis

Gu Zhiqiang felt absurd.

Where am I?

Who am I?

What am I going to do?

What is happening in front of me?

This time, UBS was extremely well prepared.

The suitcases of the financial tycoons were full of various text contracts.

A bet contract is nothing at all.

In front of Gu Zhiqiang, Ye Sihai signed a bet contract with Lao Hansa.

The contract stipulates that within one year, if Ye Sihai loses, he will repay the bank's 10 billion US dollars in full plus interest.

If Ye Sihai wins, the 10 billion (actually only 5 billion now) is Ye Sihai's consulting fee.

As for the shares of LQK Technology Company that Ye Sihai pledged to UBS before?

Directly unblock and return to Ye Sihai.

It is equivalent to Ye Sihai getting a 10 billion US dollar unsecured loan from UBS.

Now that the stock market is plummeting, these stocks can also be sold for more than 10 billion US dollars.

But who dares to take it?

Gu Zhiqiang is really going crazy.

Is this something I should participate in?

Woo woo woo.

If it were my dad, he would be excited, right?

Sihai, my brother, what on earth did you do outside?

I am a shitty mayor. I hang out with you, carry your bags, and be your little brother. You show me a way to make money.

I want to be the richest man.

No!

You are the richest man.

I want to be the second richest man.

"Old Hansa, you come to my house, so you naturally want to try the local specialties. Please, let's eat and talk."

Old Hansa was no longer as worried as he was at the beginning.

This old guy is a decisive person.

After the bet agreement was signed, he exceeded the task.

No matter how you look at it, UBS is making money.

The only thing I am afraid of is that within a year, Ye Sihai will go bankrupt, and his analysis is wrong.

Of course, this is absolutely impossible.

After this wave, only God knows to what extent Ye Sihai's wealth will soar.

In fact, in a few days, the stock price of Mambo Brothers will fall below 95%.

According to the analysis that Ye Sihai and Karl had done beforehand, he made eight times the profit.

Aunt Mei was very reserved tonight, and she looked embarrassed when she introduced them.

Ye Sihai did not force her to sit at this table, but asked her to take Wanwan to sit at the same table with A'mo and other teenagers.

Uncle Mei was drinking outside, which saved him trouble.

But Ye Sihai's fluent English was too impressive.

It made A'mo and other teenagers look like they were looking at a god.

Mayor Gu also knew some English.

It was not limited to greetings like hello and goodbye.

It involved all kinds of professional things...!

So he listened to the book of heaven the whole time.

This made him drink a lot more wine.

Mayor Gu was very satisfied.

Dinner was specially prepared by Ye Sihai at Aunt Mei's request.

There were all kinds of high-end seafood, so there was no need to worry that these foreigners would not be able to eat it.

It was just that the chopsticks were a bit difficult to use.

But Aunt Mei prepared spoons for them.

At the dinner table, Ye Sihai talked about the subprime mortgage crisis caused by the bankruptcy of Lehman Brothers in another world.

In this world, there is no such thing as a subprime mortgage crisis.

So far, all banks and financial institutions have not realized this.

Ye Sihai's words are undoubtedly a nuclear bomb.

How many real estate mortgages does UBS have?

"Old Hansa, that's a domino reaction. Think about investment banks, insurance companies, hedge funds, they're all being dragged to death."

"Haha, I'm not exaggerating. Go back and find a few analysts to randomly check a few of your bank's mortgage contracts. I guarantee that there are problems with each one."

"Do you know what the problem is?"

"I'll tell you now."

"Banks and financial institutions will continue to relax loan conditions in order to make more profits."

"This can be traced back to fifty years ago."

"And the loans were issued to those with bad credit and insufficient repayment ability. Their risks are incredibly high."

"In order to transfer the risks, your bank will package and distribute these contracts to other financial institutions around the world. This is subprime loans. These products have been packaged into various perfect financial products in advance."

"The pyramid has taken shape, but unfortunately, it's an inverted pyramid."

Ye Sihai looked at the dumbfounded and sweating old Hansa and others, and gently picked up a lobster leg.

Crack.

Put it in his mouth and take a bite.

He knew everyone understood.

Once someone defaults, the financial product packaged in his contract will explode.

This will form a chain reaction.

Nuclear bomb!

The more this happens, the more crazy the financial institutions will conceal and then frantically transfer.

Harvesting level by level, as the interest rates are getting higher and higher, in the end, it is not only the banks and financial institutions that are unlucky.

There are also countless ordinary people who buy these financial products.

Therefore, the financial crisis sweeping the world now is just...!

Appetizer.

Everyone is in finance.

It really is a one-point understanding.

Old Hansa looked at Ye Sihai in horror. He really had an urge to kneel down again and kowtow hard.

Before the window paper was broken...!

After it was broken...!

Those are two different worlds.

Is the 10 billion US dollars in consulting fees worth it?

It is worth it.

"Mr. Ye... No, no, no, dear Mr. Bruce, I want to hire you as the chief consultant of UBS. You only need to give one suggestion a year, and the annual salary... one billion US dollars!"

Poof! !

Gu Zhiqiang understood this sentence.

He sprayed a mouthful of old wine directly under the table.

Another 10,000-point critical hit.

Annual salary of one billion US dollars a year?

Consultant?

Just give one suggestion a year?

Mayor Gu got up silently and walked out of the restaurant.

I must have encountered a ghost wall.

From the beginning to now, it's all a dream.

It must be!

Aunt Mei thought that Gu Zhiqiang had something stuck in his mouth, so she quickly got up and followed him out:

"Mayor, are you okay?"

Gu Zhiqiang shook his head silently and sat silently at the door.

Then he looked up at the night sky.

Stars dotted.

Look at the three Rolls-Royce Phantoms in front of him.

Then he stretched out his hand and slapped his face.

Snap!

It hurts so much.

Aunt Mei was dumbfounded.

No...!

Is there something wrong with the food I cooked?

Poisoned?

They say that only mushroom poisoning can cause hallucinations, how can seafood poisoning also cause hallucinations?

Aunt Mei wanted to greet Ye Sihai, but she was afraid of delaying his conversation.

So she had to quietly call Ah Mo over and quietly told Ah Mo to pour a glass of water for Gu Zhiqiang.

"Gu... Brother, do you want to drink water?"

Ah Mo was a little afraid of Gu Zhiqiang.

After all, he knew that Gu Zhiqiang's identity was not simple, and his father at home had talked about it all the time.

But Aunt Mei told him, he didn't dare not listen.

"Ah Mo."

"Ah?"

"Come, sit down."

Gu Zhiqiang looked at Ah Mo with deep affection.

Ah Mo couldn't help but tense up.

The eyes of the mayor reminded people of the scene of chrysanthemums blooming.

I'm not young anymore, I'm almost sixteen.

Qiaojie's ex-husband is a member of the chrysanthemum department.

I understand.

If Gu Zhiqiang knew what A'mo was thinking, he would definitely jump up and kick the boy onto the roof.

Mayor Gu took the water cup from A'mo's hand, put his arm around the boy's thin shoulders, and said faintly:

"A'mo, sometimes, I really wish I were a woman."

A'mo fled in panic.