They are all reborn, and the grandson is still a spare tire
Chapter 1251: Silver tongue
"Oh my god! This grandson is harboring evil intentions. He is so wicked!"
Zhou Xu cursed under his breath.
Immediately afterwards, several other students also began to curse in low voices.
"Isn't it? This foreign guy obviously has bad intentions. He wants to put the blame on Jiuye Investment Group!"
"That's too mean. If I were standing behind that guy, I would definitely give him a good kick on the ass to stop him from talking nonsense!"
Not only Yao Yuan's college classmates, but also many Peking University teachers and students, as well as leaders of various universities, felt a little itchy.
Of course, there were inevitably some people at the scene who had the same idea as that foreigner and thought they were on the side of justice.
Yao Yuan had long been accustomed to this situation.
He looked at the foreign professor, smiled and said loudly:
"Good morning, sir. Your question is very interesting. In order to avoid unnecessary misunderstandings, I can explain it here to set the record straight."
"First of all, the recipients of this large-scale donation from Jiuye Investment Group include not only many universities in the mainland, but also some famous universities in Hong Kong and Macao, such as the University of Hong Kong and the Chinese University of Hong Kong."
"But it does not include many top universities in Europe and the United States, or it can be said that there is no such donation plan for the time being. In my personal opinion, some top universities, including Harvard University, are not short of money."
"Take Harvard University as an example. The alumni endowment fund of Harvard University is as high as more than 50 billion US dollars. They wanted to invest in our group before, and the investment scale was several billion US dollars, which is not less than the total amount of our group's donation this time."
"This is enough to prove that Harvard University and other top European and American universities are not short of money. If they are not short of money, why should we add icing on the cake? There is a Chinese saying that icing on the cake is not as good as sending charcoal in the snow!"
"By the way, we did not accept investment from Harvard University. At this stage, our overseas investment is basically limited to sovereign funds of various countries, such as the German Sovereign Fund. We may relax the conditions in the future, but not now."
Before he finished speaking, laughter broke out at the scene and everyone started laughing.
"It's better to help someone in need than to add icing on the cake. That's a beautiful saying!"
President Wang of the University of Finance and Economics said "good" with a smile on his face.
Immediately afterwards, another president of a 985 university next to him said:
"I've heard before that Yao Yuan is a very eloquent guy. Today I've finally seen him speak eloquently!"
"The answer is very interesting and well-reasoned. You are worthy of being a student of Peking University!"
The president of Peking University nodded appreciatively.
Before he finished speaking, he was immediately met with envious and jealous looks from all around, as well as a bit of resentment.
Looking at the foreign professor again, his expression looked a little ugly.
He was a visiting scholar from Harvard University, so he naturally understood that Harvard University was not short of money at all.
On the contrary, Harvard University is the richest university in the world, receiving a huge amount of donations every year and controlling hundreds of billions of dollars in funds.
But who would complain about having too much money?
Everyone knows about this kind of thing, but it’s not a good look to say it openly!
Yao Yuan didn't care whether he looked good or not, he just continued to speak loudly:
"Let's talk about the second question. It is true that I proposed the time and landmark event for the official outbreak of this global financial crisis, but I don't know when this financial crisis will end."
"The financial crisis has caused incalculable losses and has had a huge impact on the world economy. Judging from various factors, this financial crisis will not end quickly within one or two years."
"The huge impact and losses it brings will certainly hit the world economy hard. This destructive impact may last for ten, fifteen, twenty years, or even longer..."
Unsurprisingly, this answer immediately set off the whole audience, and everyone was shocked.
"Can this financial crisis really last that long? It's too exaggerated, isn't it a bit alarmist?"
"Oh my god! This guy never stops talking until he's shocked. If he comes true, we'll be in big trouble!"
"Isn't it? The golden period of our careers is shrouded in the shadow of this financial crisis. It's so sad just to think about it!"
Everyone started discussing it, with varying reactions.
Some were shocked, some were skeptical, some agreed, but more people just wanted to watch the fun!
Some teachers and students who hold different opinions, as well as experts from all walks of life, are ready to speak out in rebuttal.
Yao Yuan didn't give them a chance, he quickly moved on to the next topic.
"Let me talk about the role played by Jiuye Investment Group in this global financial crisis. I can say with certainty and responsibility that Jiuye Investment Group is by no means a so-called destructive force, let alone expanding the financial crisis and causing harm and losses."
"As we all know, the root cause of this global financial crisis is the subprime mortgage crisis, which was caused by the endless greed of many financial institutions on Wall Street. In pursuit of profits, they packaged junk loans into highly leveraged financial derivatives, pushed them into the financial market, and sold them to countless investors and investment institutions."
"According to relevant statistics, the total amount of junk bonds and financial derivatives they have created exceeds 60 trillion US dollars. If the leverage effect of funds is taken into account, the amount of funds leveraged by these junk financial derivatives must exceed 100 trillion US dollars."
"The global financial crisis that is currently in full swing is actually the concentrated release of global financial risks. Until the risks are fully released, or basically fully released, this financial crisis will not stop and it is not subject to human will."
"We, Jiuye Investment, are just one of the short sellers in the international financial market. We are just a relatively large one. Where there are bulls, there are bears in the financial market. This is an objective law. Even if there is no Jiuye Investment, there will be other short sellers to replace us."
"This global financial crisis was neither triggered by our group nor has our group the ability to end it. None of the more than 60 trillion junk bonds and financial derivatives on the market were created by us. From this perspective, we are a passive participant in this financial crisis."
"More importantly, the existence of our Jiuye Investment Group is not a destructive force. On the contrary, our group actually plays a very important constructive role. We are accelerating the elimination of the risks of the financial crisis..."
Following his speech, everyone fell silent.
Some teachers and students who have knowledge of economics and finance all listened with eyes shining.
They stay in the glittering ivory tower of Peking University, and due to various reasons and restrictions, it is difficult for them to get in touch with the front-line practices of the international financial market.
Naturally, the understanding of the international financial market is not very profound, and is even a bit out of touch with reality!
What's more, the one who was talking so eloquently was Yao Yuan. Who could have more experience in fighting in the international financial market than him?
Before this, the teachers and students majoring in economics and finance at Peking University had never heard of these things!
At this moment, everyone was fascinated by Yao Yuan's speech!
Those teachers and students who were not majoring in economics and finance were also shocked by Yao Yuan's huge aura and impressed by his attitude of treating all the heroes in the world as nothing.
At the same time, several idioms flashed through everyone's mind.
Eloquent, eloquent, and glib!
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