Chapter 494 Secret Plot

Netizens don’t know much about artificial intelligence. They basically stay in movies and TV series, and their understanding is too one-sided. As a result, they have a lot of fears and misunderstandings about artificial intelligence.

Li Zetian expressed his understanding to them.

As far as Li Zetian himself is concerned, there is nothing wrong with artificial intelligence. It is an advanced technology that can help mankind.

The opinions of the melon-eating masses are not important.

The focus of attention from all over the world has been focused on Xiaoshan, Hangzhou. All countries are full of curiosity about the city brain. Moreover, this plan is a project led by Li Zetian himself. This is not just some nonsense from satellites. Of course, it must be taken seriously. .

Li Zetian suddenly felt that he had dug a hole and jumped into it.

The President of the United States, the Mayor of Los Angeles, the German Chancellor, and other officials who were familiar with Li Zetian all called Li Zetian to ask what the city brain was like and whether it could be developed.

At first, Li Zetian was impatient to explain to them. Later, there were too many people and Li Zetian was exhausted, so he stopped explaining and directly replied to them that this plan can be done!

As a result, a wave of urban brain building frenzy has begun around the world. However, because of the huge cost and relatively high technical requirements, there are very few cities that dare to build urban brains. Generally, they are in a wait-and-see mode, waiting for the success of the pilot project in Xiaoshan before they consider whether to invest in the urban brain plan.

…

Youran Garden.

Now in 2007, although the Urban Brain Project is important, what is more important is the subprime mortgage crisis in the United States.

The City Brain Project has become a cover. Just when everyone thought that Li Zetian’s main focus was on the City Brain Project, the fact is that Li Zetian and Dongfang Yuqin are commanding remotely and stirring up trouble in the US financial market!

It started to snow lightly outside the house, covering the entire Youran Garden with a layer of silver, which was very beautiful.

Li Youran and Li Yuer were playing outside building a snowman.

Li Zetian, Dongfang Yuqin, and Yu Jingqiu were warming themselves by the fire in the house.

At this time, Dongfang Yuqin took a document and told Li Zetian: "Since December last year, we have successively purchased mortgage credit default swaps (CDS) for hundreds of thousands or millions of dollars, boiling frogs in warm water. So far, US$50 billion has been purchased, and more than 3,000 insurance, banks and other financial institutions have been involved."

Yu Jingqiu said in shock: "With 50 billion U.S. dollars, won't it cause a sensation?"

Li Zetian smiled and nodded, "It is indeed a bit sensational, but the U.S. real estate market is too big, and 50 billion U.S. dollars is nothing. In addition, everyone is pursuing U.S. real estate, and people are not convinced. We want to buy mortgage credit default mutual funds." In exchange for (CDS), they sell it, thinking they want to make a fortune from us..."

As he said that, Li Zetian showed a look of disdain and ridicule on his face.

Dongfang Yuqin continued: "Now not only U.S. insurance companies and banks are involved in mortgage credit default swap (CDS) products, but also foreign financial investment institutions are involved!"

Li Zetian smiled and said: "Isn't this great? The purchases are spread out and difficult to detect! American financial institutions have sold us so many mortgage credit default swaps (CDS). In order to control risks, they are a little afraid to continue selling. Foreign Financial institutions have just come in and don’t have this worry! We can be bolder!”

After a pause, Li Zetian said: "If we buy a mortgage credit default swap (CDS) worth tens of millions or even hundreds of millions of dollars at a time, we will always have a financial institution to take the order!"

Dongfang Yuqin smiled and nodded: "Yes, and they even contacted us proactively. It seems that they really regard us as a cash machine and a cash cow..."

"Haha, it won't be long before they stop laughing." Li Zetian sneered, "Oh, by the way, once the U.S. subprime mortgage crisis breaks out, the stock market will definitely collapse. Prepare funds to take advantage of the opportunity to short the stock market!"

Yu Jingqiu asked: "Isn't this a bit too harsh?"

Li Zetian said: "It doesn't matter. Don't worry, the United States will provide money to rescue the market! It doesn't matter how much tax the U.S. government has collected from us over the years. I want compensation from him."

Li Zetian actually didn't speak his mind. The reason why he was so cruel was because this was the last major stock market crash that he knew that could be exploited.

This is your last chance, of course you have to go crazy to the end! ! !

"Oh, by the way, Yuqin, let people see which companies are high-quality and can be acquired, and take advantage of this financial crisis to acquire them!"

Dongfang Yuqin stroked the frame of her glasses and said with a smile: "Don't worry, I have already given the order, and various companies and our intelligence collection department have begun to take action."

"Well, that's good!"

"By acquiring these companies, we can quickly expand our enterprise!!" Li Zetian paused, shook his head and said, "For some companies, no matter how much money you pay, the other party will not sell to you. It is really helpless! You must insist on it. Force me to take advantage of others during the financial crisis so that the other party can give in!"

"Okay, I want to say one more thing. I want to merge Wells Fargo, Standard Chartered and Cronos Bank, and they will all be called Cronos Bank from now on! I want to make the Cronos brand bigger and stronger. Let Cronos Bank reach the world!”

"We have all seen the development of Cronos Bank in China. I think that in addition to the correct strategies launched by the bank, the name Cronos also played a big role. According to the data I sent to investigate It shows that many people deposit their money in Cronos Bank because they trust me, the richest man with a trillion dollars. Because they think that if I am so rich, Cronos Bank will never fail. Chinese compatriots are so Think, I think people all over the world will think so, so the name Cronos is extremely beneficial for banking companies to carry out their work and expand their scale!”

Dongfang Yuqin and Yu Jingqiu both nodded to express their support.

Currently, the most famous and valuable brand in the world is not Apple, but Cronos.

When it comes to Chronos, the first thing that comes to mind is Chronos Li, the richest man in the world, who has created countless myths. Wealth is truly a wealth that can rival a country, not an adjective.

"This is a simple matter. I will arrange for Vanessa and Selena to carry it out." Dongfang Yuqin said.

"Um."

They chatted and chatted until their mother Xiao Zhixuan came in and called for lunch.

…

The merger of several banks was carried out quickly, and by February, a banking empire-Cronos Bank was established. It is not difficult to imagine that this will be an unprecedented super bank, and it will surpass Morgan Bank and Citibank in a few years!

In the future, the Morgan family will not be worthy of mentioning the word "banker" in front of the Lee family!