Reborn Entrepreneurial Giant.

Chapter 70 The U.S. Real Estate Crisis

"What do you think of Musk?" When he returned to the hotel, he didn't read the information prepared by HSBC for himself and chatted with Zhang Yiwen about Musk.

"I feel like this person is not very reliable. He is either a new energy vehicle or a rocket launcher. They are both extremely risky industries, and the probability of failure is too high." Zhang Yiwen thought for a while and said

"What's the point of living?" Qu Li didn't know what to think about.

"The meaning of living is a huge question."

"No, for a single individual, whether a person is alive or not does not mean anything, but as a group, people living has a lot of meaning."

"You can say that." Zhang Yiwen felt that Qu Li was picking on words.

"In the past, in order to live like a human being and live with dignity, I dared to do anything; now, all my survival problems have been solved, and my desire has increased, otherwise I would not have forced her to flirt with you after I had Chen Danlin. "

"Desires include low-level desires and high-level desires. Needless to say, low-level desires. High-level desires are to increase one's influence on human society. How to achieve this? Go into politics, business, or become a well-known scholar or scientist..."

"I don't have many choices. I can only go into business, become an excellent entrepreneur, and use the power of business to create products that can change the world."

"Smartphones count as one, pure electric cars count as one..." Qu Li's habitual long speech, Zhang Yiwen, as a top student, can understand it.

"You said that smartphones can join the advent of the mobile Internet era, but pure electric cars don't seem to be that important, right?" Zhang Yiwen thought for a long time and couldn't figure out why.

"You women just have long hair and short knowledge..." Qu Li touched Zhang Yiwen's hair and slid it down.

"Ah~~" A pair of delicate hands grabbed the soft flesh of Qu Li's waist and rotated it 360 degrees. This trick that many women have learned without any teachers soon made Qu Li compromise and beg for mercy.

After Zhang Yiwen let go, Qu Li shamelessly attacked from behind and pinned Zhang down. The two started a war that lasted for an hour.

"Tell me, what's the point of a pure electric car?"

"Break the existing industrial structure and allow domestically produced cars to have the opportunity to surpass traditional cars; the most important thing is to change the existing energy structure and make new energy the most important energy component, which can also alleviate the heavy reliance on overseas oil and gas in China. …”

"Ah~~" Zhang Yiwen exclaimed, not because Qu Li's hand was clinging to the peak, but because she was shocked by Qu Li's vision of the big picture. What does it mean to know the smallest things? This is Qu Li's genius. It's so scary!

"Then will you build a car?"

"Do you think I can have a baby?"

"If you want, I can do it." Zhang Yiwen blushed, and for some reason she wanted to give birth to a monkey for Qu Li. Is it because his genes were also so terrifying?

"Bah, bah, bah, what I want to say is that you think I am omnipotent and can do anything?"

"So you don't want me to give birth to your child?" Zhang Yiwen's pretty face turned from red to white.

"I'm still a child. I need your love. I don't want someone to compete with me for your love so soon." Naturally, as a scumbag, you have to know some tricks, and Qu Li is no exception.

The two chatted for a while, then remembered that today's work was not finished yet, so they got up to look at HSBC's information. Zhang Yiwen tidied up and worked with Qu Li.

The so-called reading at night is like this. Looking at the information of HSBC, Qu Li lamented that their real estate system was very rigorously designed, link by link, and there should not be any major problems. However, knowing that the results were regressive, he still found out Some.

Turn on the computer and check online. The Federal Reserve has kept interest rates very low since the Internet bubble burst, but it has been raising interest rates since 2004. The bank interest rate has increased from 1% to 5%. How big is the gap?

For a 100 million house, based on a 20-year mortgage with equal principal and interest, the total repayment for 5% interest would be 1583894 yuan, and the total repayment for 1% interest would be 1103746 yuan.The difference is about 48 yuan. One month's payment is 4599 yuan, and the other's monthly payment is 6600 yuan. The monthly difference is 1100 yuan. Don't think it is very small. 1100 is equivalent to a quarter of the average wage income in North America.

"Draw a diagram of asset securitization." Qu Li instructed Zhang Yiwen. Such a female secretary and assistant are really perfect.

"You said that those people with bad credit who take out loans to buy houses should be considered inferior housing mortgage loans. How high is this proportion?"

“Here is a piece of information showing that the proportion of non-prime loans last year was about 1/3.”

"Now that interest rates are increasing, there should be a lot of people who want to cash out. Will those who can't sell the properties default?"

"It should be possible, but they have insurance..."

"I know that we all understand their chain. Sooner or later, it will collapse one day. Smart people know to leave a way out for themselves and buy insurance. The question is that insurance companies are not stupid. Will they repackage these products in order to reduce risks? "

"No way?"

"Who knows? But one thing I am sure of is that there must be big problems in the real estate market in the United States."

"Then don't buy a house in the United States for the time being."

"I wouldn't buy a house here unless you want to be American."

"Why should I be American?"

"I didn't know that there are not many people who like the United States and want to be Americans. If you have this ideal, then I will help you and you can raise your children here."

"I have no such idea..."

"If you don't, then you don't have it. The United States is not a good place anyway." Qu Li looked at the few drawings they drew, and the path to bursting the real estate bubble in the United States seemed clearly visible.

"Do you think I should short U.S. real estate?"

"What's wrong with you? Why do you have this idea?" Zhang Yiwen leaned next to Qu Li

"Smartphones and pure electric vehicles both require money. I want to set up an industrial investment fund to support outstanding companies in these two industry chains in China."

“What does this have to do with shorting U.S. real estate?”

"Of course, it is to make money. The U.S. real estate bubble will most likely burst. Now it is certain to make money by shorting, it is just a matter of making more or less."

"How big an industrial investment fund do you want to set up?"

"At least 10 billion US dollars, too little money to spend."

“What about your own business?”

"Uh!" Qu Li suddenly felt a headache, what should he do?

"Qu Li, although you are smart and have made tens of millions of dollars from movies this time, don't be too ambitious. You can always get 10 billion or [-] billion. This is different from doing private equity to buy stocks."

"what do you mean?"

"Just because you can make money by trading stocks doesn't mean you can make money by investing. There are 10 billion US dollars in soft currency, who would give you so much money?" Zhang Yiwen said seriously.

"That's it. I was shocked. I thought something was wrong. Who said I wanted others to invest? It's only 10 billion US dollars. I can earn it myself."

"I know you guys on the Internet need to be able to brag, but there are only two of us here. Is it necessary to brag in front of me?"

"..." Unexpectedly, he didn't believe it. Qu Li shook his head. One billion US dollars would never appear in his dreams in his previous life, but for a reborn person, it shouldn't be difficult!