The upcoming US financial crisis is mainly due to the subprime mortgage crisis.

The direct reason is the rise in interest rates in the United States and the continued cooling of the housing market. In the five years before 2006, due to the continued prosperity of the US housing market and the low interest rate level, the US subprime mortgage market developed rapidly. With the cooling of the US housing market, especially the rise in short-term interest rates, the repayment interest rate of subprime mortgage loans also rose sharply, and the repayment burden of home buyers has greatly increased. At the same time, the continuous cooling of the housing market has also made it difficult for home buyers to sell houses or refinancing through mortgage housing, resulting in many subprime mortgage borrowers being unable to repay their loans on time, which in turn triggered a "subprime mortgage crisis."

The deep-seated reasons are the imbalance between the financial order and financial development in the United States, problems with the financial ecology, and problems with the economic fundamentals.

The imbalance between financial order and financial development in the United States is reflected in: insufficient financial innovation and lack of financial supervision.

Problems in the financial ecology are reflected in: deterioration of social credit during the subprime mortgage crisis, lack of supervision, market chaos, information asymmetry, moral hazard, etc.

Problems in economic fundamentals are reflected in: in the past 60 years, the US economic growth and domestic consumption have exceeded the ability of its own productivity. Under this premise, the United States has introduced a series of laws and policies to restrict imports and exports, creating various trade barriers for developing countries in terms of imports and limiting technical products in terms of exports. These policies have directly promoted the rise in US prices, reduced US employment opportunities, and suppressed domestic economic innovation momentum.

...

Jin Jingcheng is not a financial expert and does not want to study the ins and outs of the US financial crisis in depth.

He is a businessman, an investor, and perhaps a speculator. Since he knew in advance that the United States would have a financial crisis and spread to the world, if Jin Jingcheng still doesn't seize this opportunity to make profits for himself, then he is an idiot.

In fact, he has long been focusing on this financial crisis in the United States and has been waiting for the opportunity.

This financial crisis in the United States was only initially revealed in 2007, but reached its peak in 2008. Today is March 31, 2007.

However, Kim Jingcheng knew that he could prepare immediately because he knew that South Korea was the hardest hit area of ​​the financial crisis due to special reasons. It began to be seriously affected by the US financial crisis in the second half of 2007. It was also because Kim Jingcheng not only wanted to take the opportunity to do a big fight in South Korea this time, but also took the opportunity to do a big fight in the United States and expand his assets in the United States.

This financial crisis is dangerous for many people and for many countries, but it is a great opportunity for Jin Jingcheng!

The crisis is approaching and the opportunity is approaching. Jin Jingcheng needs to prepare immediately and make his major plan in advance!

Thinking of this, Jin Jingcheng didn't hesitate anymore, took out his cell phone, and said to Lin Xiujing: "Siujing, I'll go to your bedroom to make a few important calls."

Lin Xiujing's face showed a depressed look, one because Kim Jingcheng was acting strangely at the moment, but she didn't explain the reason to her, and the other was that Kim Jingcheng called and wanted to avoid her. However, Lin Xiujing was not a real little woman, but a smart woman. Judging from Kim Jingcheng's expression and behavior, it was obvious that Kim Jingcheng should have important things to deal with, most of them in her career.

So Lin Xiujing did not make any trouble and nodded to Jin Jingcheng with a depressed look.

Jin Jingcheng noticed Lin Xiujing's depression, took the initiative to hug her and kissed her on the mouth: "Be good, it's an important business matter, don't annoy me."

Lin Xiujing suddenly disappeared and said "um" obediently.

It’s not that Kim Jingcheng doesn’t trust Lin Xiujing. The reason why he avoids Lin Xiujing at this time is that he is accustomed to being on business secrets, which is what every wealthy businessman needs to do; the other is that he feels that there is no need to let Lin Xiujing know about this kind of thing for the time being. This is his man’s business. When he succeeds in this financial crisis in the future, let Lin Xiujing know that Lin Xiujing will also admire him and be more obsessed with him.

Jin Jingcheng immediately walked into Lin Xiujing's bedroom and called the four people.

The first call was called to Jose from the United States.

The second call was called to a man named Robert in the United States.

The third call was called to South Korea's Liu Minjian.

The fourth call was called to a man named Kim So-wook in South Korea.

After four calls, an hour has passed.

An hour later, Jin Jingcheng hung up the last call to Kim So-wook, took a deep breath, and sighed: "This financial crisis is a great and precious opportunity for me. The sooner I plan, the greater the gains will be. It's really interesting and I look forward to it!"

Now even Jin Jingcheng doesn’t know how much he will gain by seizing the opportunity of this financial crisis.

What he was sure of was that the harvest would be great.

From his rebirth to now, he has been foresighted by the advantage of rebirth and seized many opportunities. The biggest opportunity he has seized so far is undoubtedly the founding of Facebook in 2003. In his opinion, this financial crisis should be his greatest opportunity after Facebook!

Thinking of this, Jin Jingcheng's heartbeat couldn't help but speed up. He liked this feeling of seizing opportunities and waiting for harvest, and found it very interesting.

However, Jin Jingcheng quickly calmed down.

A career success will make him enjoy it, and a woman will also make him enjoy it.

Jin Jingcheng opened the door and summoned: "Siu-jing, come here."

Lin Xiujing came over and said, "What's wrong?"

As soon as he finished asking, Lin Xiujing called out "ah" and was suddenly picked up by Jin Jingcheng.

Lin Xiujing was struggling deliberately while shouting: "What are you doing? Let me go..."

Jin Jingcheng put Lin Xiujing down on the bed, pressed her on her body, kissed her nose and said, "I didn't have fun last night, let's do it again now."

Lin Xiujing felt reluctant because she wanted this man to be obsessed with her, and also enjoyed the Yunyu incident with Jin Jingcheng.

However, as a woman, Lin Xiujing still pretended to be reserved and said angrily: "It's broad daylight, are you crazy?"

Jin Jingcheng reached out and pinched Lin Xiujing's pretty face, which was already a little pink: "I'm crazy, I want you."

Lin Xiujing thought of something: "I feel that you are very excited now. Have you achieved some success in business?"

Jin Jingcheng thought to himself that he was such a smart woman, but smiled mysteriously: "Keep it secret for the time being, I won't tell you."

Lin Xiujing pouted: "You bastard."

Jin Jingcheng was funny: "Why are you calling me a bastard again?"

Lin Xiujing said: "You made me curious, but didn't tell me, what is this not a bastard? Ah..."

Halfway through the words, Lin Xiujing was turned over by Jin Jingcheng, and then with a "bang", Lin Xiujing's buttocks were slapped heavily.

"You...you bastard...I'll fight with you..." Lin Xiujing shouted and rushed towards Jin Jingcheng.

Soon, a game-like fight turned into a lingering and uproaring couple.

Outside the window, on the street downstairs, a single dog from someone's house was making dissatisfaction screams...
Chapter completed!