Vol 6 Chapter 576: Be scared

? Cochin, India.

Feng Yiping was wearing swimming trunks and sunglasses. He was sitting on the platform by the sea. The unnamed red flower hung from the upper pool platform and extended to the parasol behind him.

The sea was calm in the bay, and seabirds flew past the sea under his feet, because the sunlight was too dazzling, and the high-rise buildings opposite to the city center looked hazy and unrealistic.

This city, which is almost located at the southernmost tip of India, was somewhat beyond his expectation. At least as far as he has seen, it is a much cleaner and tidier city than Mumbai-of course, this requirement is indeed not high.

Hearing the sound of swimming stopped, he closed his eyes. Sure enough, someone tiptoed down from above and paused behind him for a while, "Hey," his neck was wrapped around, and his wet hair fell to his face. , Then moved down to his chest, Malika gave him a heavy kiss, "What do you think?"

She flicked her hair again, and she was already sitting on him, "What are you looking at?"

"What do you mean?" Feng Yiping stretched out his hand and felt it well. It was such a suitable angle.

Malika leaned down, eyes rippling, "Do you like it?"

Wenxiang Nephrite was full of arms, Feng Yiping nodded honestly, "I like it very much."

Perhaps it was because of his affirmation, accompanied by another chuckle, Malika moved manually, and again, the restraint of her upper body flew to the side table, she hugged Feng Yiping tightly, and moved, oh , Boy!

"How is this here?" Malika teased his earlobe.

"Of course it's good, because you are here," Feng Yiping looked at the smile on Malika's face, and couldn't help but feel emotion. I said these things now, I really opened my mouth.

Is this also progress?

"Then how many days can you stay?"

"I hope to stay a few more days, but it also depends on the situation in the US,"

"Oh," Malika sounded a little bit disappointed, but the next moment she raised her head, "This subprime mortgage has a great impact on the companies in Bangalore. What is it all about? As you said, haven’t the most difficult times come yet?"

The most difficult time is coming next, Feng Yiping said heartily.

"Subprime mortgages, directly speaking, are subprime loans. In order to increase the housing ownership rate of residents, the US government encourages financial institutions to issue loans to people who could not apply for housing mortgage loans to purchase houses."

"House," Malika said softly.

"Houses are very important, isn't it? Bush Jr. said that owning your own house is the beginning of the American dream."

"But financial institutions took the opportunity to come up with other ideas. Through a series of complicated operations, mainly to securitize housing loans, those financial institutions that issue mortgage loans to the public no longer care whether their loans can be recovered. ,"

"what?"

"Moreover, the problems involved in subprime mortgages are not just mortgage loans. In order to generate income, many financial institutions will try various ways to encourage those Americans who have already paid off their mortgages and have real homes of their own. Use your own home to borrow money,"

"As housing prices continue to rise, the house you own is simply a bank that is constantly appreciating. How can you let him sit idle?"

"With this kind of encouragement, more and more Americans who have retired are taking out loans for the houses they just owned, buying bigger TVs, better cars, and going to more beautiful beach vacations..."

"Then the house price dropped suddenly," Malika said.

"Yes, the house price dropped suddenly. Many mortgage users found that although they had paid off their mortgage for several installments, the value of the mortgaged house is already much lower than the mortgage that they will repay next."

"To make matters worse, they found that the loan intermediaries previously said that they would pay more than 2,000 US dollars a month, but now they will suddenly become more than 5,000 US dollars."

"Those people who take out their real estate loans, their retirement pensions of more than 10,000 U.S. dollars a year, are also completely unable to afford the monthly loans that must be repaid. Loans-banks are also happy to provide them with more loans and use loans to repay loans,"

"Therefore, some people feel that it is not worthwhile to cut off the payment and move out of the mortgaged house. Some people are driven out of their houses by the bank because they cannot repay the loan."

"And we all know that the more vacant houses in a community, the more houses that have not been maintained..."

"The housing prices in that neighborhood will be more affected," Malika rushed.

"You are right," Feng Yiping rubbed her head.

They don't understand other economic issues, but they know them well.

"At the moment, this situation spreads to communities across the United States, so housing prices have been falling. This trend will inevitably affect Wall Street in the end, because those institutions on Wall Street have a lot of construction in their hands to gain access to housing prices. Lee Securities,"

"House prices have fallen, and their assets have shrunk. What's more deadly is that all institutions on Wall Street are using high leverage. The average level is more than 33 times. That is, their assets have only shrunk by 3%. , Those investment banks, banks, and insurance companies that seem invincible... will all go bankrupt.

"They're bankrupt, do they have a big impact?" Malika asked, "Oh, the bank is bankrupt. Is it because I can't get the money in the bank? If the insurance company goes bankrupt, is my insurance policy useless?" She Sat up.

"Yes, but it's more than that. Think about it. Now all companies rely on the banking system to help them settle. The vast majority of companies use bank loans for development. Think about it. Not only are the money in the bank gone, they can't even carry out normal business activities because they can neither receive nor make payments,"

"And those companies that need bank loans to develop, because they can't get loans, they can only..."

"Closing?" Malika was stunned. She looked at the opposite city, "You mean, many ordinary companies will go bankrupt?"

Successfully let a financial novice who only knew that banks were just places to save money, and Feng Yiping, who knew the power of financial bombs, pulled her back to his chest.

She has no strands on her upper body. Although the neighborhood is very empty, why should she give others a chance to take advantage?

"If the entire financial system collapses, that will happen, but you think that whether it is the people in power or the rich..."

Malika looked at him faintly.

"Yes," Feng Yiping smiled and pointed to himself, "A person like me will let such a situation really happen?"

Think about his current deposits in overseas financial institutions. This year happens to be the most, which has exceeded 50 billion U.S. dollars. Would you dare to close the bank for me?

"So you can rest assured that not only will this situation not happen, this situation is still a good opportunity," he kissed Malika, "you don't have to worry about anything,"

"good chance?"

"Yes, in Mumbai, for example, there must be luxury homes rushing to sell,"

"Can you buy it?" Malika asked.

"Of course, this will be a good opportunity," Feng Yiping remembers clearly. In other respects, Mumbai was worse than Beijing, Shanghai, Guangzhou and Shenzhen for decades, but then only in housing prices, it was really a first-tier city to chase us. The chase is very tight.

After conversion, more than RMB 100,000 per flat is also everywhere.

"It's not just Mumbai, including London, Los Angeles, those places you are familiar with, you can ask someone to pay attention, take this opportunity, and you can start if you have the right one."

"This will be an investment with a high return and no risk. If you hold it for a few years and then sell it, the harvest will be beyond your imagination."

As for the short-selling that she is currently doing, Malika doesn't quite understand such things, but it's actually not easy to tell her.

"Is it really okay?" Malika is still a little uncertain~www.wuxiaspot.com~ After all, under such an environment, the housing prices in Mumbai are also falling.

In general, we buy up but not down.

"It is very possible. In this way, I will let someone assist you. You don't have to worry about the funds needed.

It’s not always good to just sell houses in China. Besides, it’s not good to take all the US dollars back to China and turn them into RMB.

He is happy to help Mumbai's housing prices to catch up with our first-tier cities.

He was thinking, Malika kissed him deeply again, and when she parted, she twisted and said with a smile, "I seem to feel something,"

"You know, making money is always exciting," Feng Yiping said.

Malika stretched her hand down, but is it here? Okay... Oumai...

Please remember the first domain name of this book: .. Mobile version reading URL: m.