Chapter 2206 Shocking evidence! Dogs can even get a loan!
As soon as these words came out, everyone in the audience looked at Chen Mo.
Theory is theory, reality is another matter.
This principle applies especially to the economic field.
Like Chen Mo, Michael, an ace manager who was highly promoted at that time, predicted that Baguo Real Estate would have to sell out in 2007.
Michael even stubbornly forcibly bound his investors to short Baguo Real Estate.
But what's the end result?
Michael jumped off the building!
Baguo Real Estate still performs strongly, with steady growth!
Chen Mo's theory can only be said to be exactly the same as Michael's back then, only more detailed and more touching.
But Rexel is a master who doesn't let go of the eagle when he sees the rabbit.
It was his caution that kept the Cliff Consortium from collapsing to this day.
"no problem."
Facing the questioning looks from the audience, Chen Mo just replied calmly with three words.
At noon that day, Rexel brought the other two actual controllers of the Cliff Consortium.
They are the patriarch of the Eaton family, Vinette Eaton, and the patriarch of the Robert family, Trevor Robert.
"Mr. Chen, to be honest, if it weren't for your amazing record of winning every battle, we wouldn't even meet you."
"What is the situation in the real estate industry in Hegemony? Those of us who have invested know that our own financial reports are rising every year. It is definitely not like you said the building will collapse."
Vinette Eaton said with slight disdain.
"Mr. Chen, let me ask you a question. If you are really not optimistic about Baguo Real Estate, why did you go long in the real estate sector a few days ago to hedge risks?"
"I have a reasonable suspicion here that you want to drag us into trouble, but you have another plan of your own."
Trevor Robert spoke even more directly.
As soon as the two met Chen Mo, they showed strong distrust.
Chen Mo was not angry, and just said calmly: "That's not hedging risks, but disarming the enemy before the war.
I want to save more bullets so that the foundation can usher in "Twilight of the Gods"! "
Trevor Robert sneered: "That's quite loud. If you are really that capable, do you need to ask for help from a small financial group like ours?"
Vinette Eaton was not so direct: "Mr. Chen, we are just like President Cliff. As long as you can provide substantial evidence to prove your theory, we will help you!"
Chen Mo nodded: "Facts speak louder than words. Once I prepare, I will give you both a satisfactory answer."
After Chen Mo finished speaking, he left.
Looking at Chen Mo's leaving figure, Trevor Robert said disdainfully: "If the theory could really be proven, wouldn't the loan crisis have broken out long ago? Would there be any need for him to come here and talk nonsense?"
Vinette Eaton said dissatisfied: "Lexel, you should not participate in the war between Chen Mo and the Foundation.
They are fighting between gods, and if we participate, we may not even be considered cannon fodder. "
Rexel sighed: "Why don't I understand this truth? But according to my experience, the economic cycle of the hegemonic country has indeed reached an extreme value.
There is a saying in Daxia called "the peak of prosperity then declines".
This statement is very applicable to the financial world. "
"To tell you the truth, I believe what the manager who was promoted and jumped off the building said."
Trevor Robert frowned: "Do you really think the subprime mortgage crisis will come?"
Rexel: "I believe it. But my reason still made me call you two over."
Vinette Eaton: "That's all, if Chen Mo can't prove it, we'll just waste some time at most.
If Chen Mo proves it... then we may have seized an incredible opportunity!
Inside and out, nothing is wrong. "
after an hour.
Chen Mo came to Cliff Consortium again.
"You three, please come with me."
Rexel frowned: "Where to go?"
Chen Mo shrugged: "Don't you want evidence? I'll take you to see it right now!"
The three men and two monks were confused.
The three of them followed Chen Mo by car to a newly developed community.
Chen Mo took the two of them around in a circle.
I saw that among the hundreds of houses in the community, only 4 people lived at this time.
Most of the houses are empty.
Posted everywhere are overdue loan notices left by banks.
Seeing this scene, Rexel and the other three felt a chill in their hearts.
Looking at this community alone, the loan default rate is more than 8 points? !
I'm afraid you have all 80 points, right?
Chen Mo straightened his tie and knocked on the door of the only house where people still lived.
The person who opened the door was a bald black man with tattoos all over his body and a beard.
"What's the matter?"
The bald man said impatiently.
"Hello, sir, we are bank staff, that's what it is. We are investigating a homeowner who has stopped paying for 90 days. His name is... well, let me see... oh, his name is Harvey Duncan.
Is he here? "
Chen Mo asked politely.
"Huh? Why are you looking for my landlord's dog?"
The bald man said doubtfully.
Rexel and the other three were stunned upon hearing this.
Trevor Robert couldn't help but ask: "What do you mean? You don't mean. Your landlord filled out the mortgage application form in the name of his dog, right?"
"It looks like it is. Wait! Didn't this bastard continue to pay the rent? But I have been paying the rent!"
The bald man was angry.
"Well, I'm not sure about this. We are only responsible for investigating this matter. We are not responsible for the specific tasks such as mortgage payment and house collection.
Good luck to you, man. "
"Good luck! I'm moving again!
Forget it, it doesn't matter, I just can't pay the rent this month anyway. There are a lot of vacant houses nearby, so just pry open one and move in. "
Chen Mo smiled and said nothing.
Rexel and the other three could no longer laugh.
"If you think that was the actor I arranged just now, you can just pick some communities with a large proportion of subprime mortgages and go take a look.
You pick randomly, and I'll go with you. "
Chen Mo was full of confidence.
Rexel pursed his lips and dialed a phone number.
Soon, they received the locations of several communities.
In one afternoon, the three of them pretended to be bank staff and conducted investigations and visits in many communities with a large proportion of subprime mortgages.
The results of the investigation made the three people in Rexel feel so frightened that their scalps went numb! ! !
Almost half of these neighborhoods are vacant.
Most houses have mortgage default notices posted on their doors.
Trevor Robert scratched his head frantically: "That's wrong!!! This is so different from the data I saw in the financial report and the news!!! How could this be?"
Chen Mo raised his eyes slightly: "There is only one possibility! Someone is lying! Excuse me, who is lying?"
