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Chapter 1674 Faith

As a second-grade elementary school student, Chloe is facing the final exam, but he can't tell how nervous he is.

The courses in French primary schools are relatively loose and students are under great pressure. In addition, a paper that has to be submitted every semester is childish and the wording makes adults feel ridiculous, but the catalog indexes and citation sources of the paper are meticulous. If you don’t care about the thickness and thin content of the paper, the exquisite cover alone will be enough to scare many people.

After a week, I arrived at the school gate again. The bell had already rang, but the old teacher standing at the school gate smiled and did not show any impatientness towards other parents. Fu Zhengyi even felt that the old teacher seemed to be expecting that he would carry his daughter on his shoulders again and stage a scene of public truancy.

Before leaving home, her schoolbag was checked by Sofia. Not to mention Chloe's passport, even textbooks that were not related to the course that day were picked out. Although Chloe also protested that this was Sofia's violation of her human rights, she could only surrender in the end. Listening to the class ringtone, Chloe's eyes were a little red, she clenched the corner of Fu Zhengyi's clothes, and raised her face and said, "Dad, I'm going to Los Angeles to see my brother during the summer vacation, OK?"

Fu Zhengyi squatted down, tidied up the shoulder straps of her schoolbag, and said seriously. "Even if you want to go to space during the summer vacation, your father will allow it. But if your wish is to take off the moon, then dad will be helpless."

Puff!

Chloe was happy.

But her tears also overflowed from her eyes. Her anger and reluctance made her slapped and stomped her feet and shouted. "Dad! Don't talk about my childishness when I was a child! Who doesn't have a childish time? Grandma told me that you were so old..."

"Okay, okay, it's time for you to go in for class!"

Seeing that Fu Zhengyi was a little embarrassed, Chloe became proud, wiped away the tears from her face, then opened her arms and hugged him hard, and then sighed in dismay. "Dad, it seems that I will chat with grandma more!"

"Okay, you won," Fu Zhengyi sighed helplessly. Seeing Chloe's smug look, he reached out and pinched her nose. "I'm waiting for you in Paris. If the results are all A+, I will take you to Los Angeles to see your brother!"

"Great!" Chloe jumped up excitedly, but then he stretched out her little finger. "Hook!"

After pulling the hook and stamping the seal, Chloe smiled with relief. Seeing that the old teacher standing on the steps were also laughing, Fu Zhengyi slapped Chloe's shoulder and asked her to face the school. Fu Zhengyi slapped the little guy on the ass and watched her jump up the steps, but he raised his hand to express his gratitude to the old teacher who was still waiting for Chloe patiently, and only then did he breathe a sigh of relief when he watched Chloe enter the school.

Chloe has indeed grown up. Not only has his own thoughts, but he also knows how to threaten him. He is a little relieved, but more of it is a faint sense of loss.

Chloe will grow up after all...

Rushi comforted himself, but Fu Zhengyi's mood was still a little depressed. Until Liu Meijia called him and told him that the news that New Century Financial Company, the second largest subprime mortgage company in the United States, applied for bankruptcy protection was confirmed.

"The situation of the two houses is not very good, but New Century Finance entered the bankruptcy protection process, which will probably accelerate the complete outbreak of the subprime loan market crisis. The report submitted by the research and judgment department believes that if the full outbreak of this crisis may be no less than the financial storm that swept across Southeast Asia in 1998..."

What should come will come eventually, let alone the subprime mortgage crisis?

Before he got out of the entanglement of Chloe's about to grow up, Fu Zhengyi said indifferently. "It's a seven-year itch."

In addition to the report from the analysis department, the half-year financial report of Jiamei Bank was in front of me. Liu Meijia was in a very happy mood, so she deliberately said angrily, "Hey? What do you mean?"

“How much additional profit has increased?”

Realizing that he seemed to be in a bad mood, Liu Meijia opened the semi-annual financial report and found the page of the final statistics. "Excluding Jiamei Bank's own business income, the expected income of this project alone may exceed 3 billion US dollars. Of course, if Lehman Brothers will go bankrupt in the end, the potential income will be as high as 10 billion US dollars. No wonder you said before that shorting is sometimes much higher than long profits..."

"But short selling has no belief! Unless you can correctly judge the future market trend and judge the rise and fall of the industry, short selling will cause losses if you finish it early, and even spit out all the previous returns at one time."

There are not many discussions on this issue once or twice. Although Liu Meijia will firmly follow what he said, she still has small emotions such as being dissatisfied and unwilling to accept it, so she deliberately said indignantly. "The problem is that there are many institutions that specialize in shorting that make money. Have you forgotten how much money the big short Soros made during the Southeast Asian financial crisis? Do you know that there is a company called Muddy Waters that specializes in shorting mainland stocks? And it has won every battle. It has forced three mainland companies to delist..."

"I know what you want to say. The tone of shorting the mainland has risen again, but many things need to be found in the final result. There are indeed many opportunities in the foreign exchange market, but if you want to short the mainland on a large scale, you are simply seeking death. Don't think that the mainland will always suffer in the international market. Some policies cannot see any effect in a short period of time, but if you extend the time, blind shorting will inevitably suffer a lot. Do you think Soros still dares to short now? He is also waiting for opportunities. Only when he has opportunities will he build momentum and start an action..."

New Century Finance enters bankruptcy protection process, which means that the two houses and banks that provide funds for these companies will face more severe tests, and investors holding subprime bonds will also suffer huge losses. Bear Stearns was eventually saved, but Lehman Brothers, a veteran company with a history of more than 100 years, was abandoned by the Ministry of Finance and the Federal Reserve. How much mystery is hidden in it? Fu Zhengyi is really not clear.

However, this does not prevent Fu Zhengyi from taking this opportunity to make a fortune.

After all, he won’t make too much money, not to mention that he was taken out from the American pocket. Fu Zhengyi has neither psychological burden nor psychological pressure, but he still has no specific concept of how much he can make...
Chapter completed!
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