Under Lin Yaowen's financial alliance, the mortgage crisis quickly accelerated.
House prices in the Lighthouse Nation began to fall, and the contraction of monetary policy led to the lack of new sources of loans for the sub-prime mortgage buyers, and the pressure on repayment continued to rise.
As the largest mortgage company, Xin Century's stock plummeted by 36%, and the mortgage index fell by 5 points.
As one of the top five investment banks, the Belson Stern and Lei Man brothers and other investment banks forcefully supported the bottom, and the Abx index began to rebound.
All the institutions that treated the mortgage market as their main business heaved a sigh of relief and smiled.
However, this just so happened to fall into Lin Yaowen's trap.
Lin Yaowen sat on the fishing platform and looked at the ugly scenery." Soon, these organizations will cry.”
At this time, Wall Street began to demand debt from Xin Century.
Under such pressure, Xin Century had no choice but to publicly admit that it was on the verge of bankruptcy.
Half a month later, it was revealed that Xin Century had 8.2 billion USD in debt that could not be repaid. It filed for bankruptcy and laid off 55% of its employees.
The mortgage crisis had completely erupted!
Meanwhile, Fang Limei and the Lei brothers quickly issued a red alert in an attempt to recover some of their losses and choose to lay off their staff.
However, as the number of unemployed people increased, there were constant incidents of breach of contract.
The mortgage loan was not paid off, and the bank's capital chain was broken.
The sub-prime mortgage crisis could no longer be stopped.
Everything was going according to Lin Yaowen's plan.
At this time, in Lauder's office, he and Barfit were sitting in front of the French windows, admiring the scenery.
During this period of time, the lives of ordinary lighthouse residents were not good. There had been many protests, and many places were filled with thick smoke.
"Lin is indeed mysterious. Everything is exactly as he predicted.”
"If it weren't for him, I'm afraid that Gao Sheng would have suffered a huge loss.”
Lauder took a sip of red wine. When he thought of Lin Yaowen, a trace of admiration and shock appeared in his eyes.
Regardless of whether they suffered any losses or not, under the manipulation of their financial alliance this time, they would not be able to do anything.
Each of them would probably have a terrifying profit of about 30 billion US dollars!
" Yes." Baffet nodded." He thought more than I did. Although I thought of the mortgage crisis, I didn't consider the financial crisis that might happen later.”
Lauder was a little surprised. He looked at Baphie and knew that he was not being modest.
"You're old, it's time to give in to the newcomers," he teased.”
The two of them chatted, not paying attention to the fireworks below.
"I heard that Lin is on vacation recently. I suggest telling him the news."”
"At his age, if I were to achieve such results, I'm afraid I wouldn't be able to sleep for three days.”
Lauder smiled knowingly and dialed Lin Yaowen's satellite phone.
Meanwhile, Lin Yaowen was on the sea. He and Zhang Jingying stood at the bow of the ship, enjoying the sea breeze.
"What's wrong? Lauder, are the people of the Lei brothers here to apologize to me?”
Seeing that it was a call from Lauder, Lin Yaowen naturally picked it up immediately.
He was looking forward to seeing the faces of the brothers when they were gone.
Lauder was stunned for a moment before he laughed out loud.
"Lin, you're too interesting, but I believe that time isn't far away.”
"Now that the sub-prime mortgage crisis has erupted and the financial crisis has become apparent, our 30 billion yuan is coming soon!”
Hearing Lauder's excited voice, Lin Yaowen appeared very calm. He hugged Zhang Jingying's waist and instructed,
"It's time to go short on Lei Man and Fang Limei.”
"There are also oil and metal futures.”
"As for the credit card and construction fields, we still need to wait for about two months.”
After saying that, Lin Yaowen hung up the phone and played with Zhang Jingying.
Lauder was left dumbfounded. Then, he sighed."Lin is too confident in this and not anxious at all. He is as confident as you were when you were 50 years old.”
"I didn't even have the chance to say that you were here before he hung up. People like you are really terrifying.”
Ba Fei Te was a little surprised that Lin Yaowen's reaction was so calm. He felt a little inferior.
"Lin has divine foresight. With such ability, he naturally has a plan in mind. I'm afraid that there will be many things that will shock us in the future.”
When Lauder heard this, he felt a little helpless. He was old and could not accept it.
"Lin Chubian isn't shocked. In the past, I didn't believe Mos when I heard him say it.”
……
The few days when Lin Yaowen and the financial alliance decided on the plan and real-time operations.
Thinking of the bitcoin incident, he instructed Zhang Jingying, who was acting as his temporary secretary, to inquire about it.
While she was playing, the little girl did not forget to search online.
In the end, he finally found Satoshi Terminamoto, who had just released the concept of bitcoin.
"Mos, get me a group of computer science talents. A few dozen people from Great Xia will be enough. University students will do too.”
Lin Yaowen immediately contacted Mos to find talents and purchase first-line computer equipment.
He was just waiting for Satoshi Terminamoto to release bitcoin and be ready to mine.
One had to know that the highest price of bitcoin in the future would be 60,000 USD per coin. He did not want to miss this opportunity.
If he seized the initiative, he would be able to get tens of thousands of them and earn hundreds of millions of yuan.
This was a bloody profit!
This book comes from：m.funovel.com。