"That's true. Mr. Jiang is a good hand in business, probably because he knows too much inside information and has a better grasp of the general direction than we do. But things like this are uncontrollable.
He is still too young for the financial market." Dong Qingyun nodded in agreement, and then said: "By the way, Mr. Li recommended me a few funds. I happen to have some spare money, so I will buy some."
"The spare money you are talking about is not the 100 million that Mr. Jiang used to acquire your company, right?" Li Bing asked.
Dong Qingyun smiled and said: "That's right, but I still have some savings in my hand."
"Investment is risky. Although the market is good now, you still need to be cautious. I suggest you invest tens of millions as a base first, and then buy ten or twenty million a year to slowly enter the game." Li Bing said.
Dong Qingyun nodded: "Mr. Li has experience in this game. I will listen to you and buy whatever you say."
Li Bing looked proud. The profit in the financial market was more than 180%, which made her very proud. No one around her was more patient than her.
There are many people who buy funds, but she is the only one who can still hold on to it and hold it securely when the profit exceeds 100.
Li Bing is still very confident about her own vision. In other words, the floating profit in her account gives her this confidence.
The two were happily discussing how to buy funds and how many funds to buy in the car, while Jiang Zhihao had already taken a plane back to his city.
After Tan Junda got the news, he came to pick him up immediately.
Since the last online loan scandal, Tan Junda lost some money. Fortunately, he listened to Jiang Zhihao's persuasion and withdrew most of the funds in time. Including the previous profits, he did not lose money and even made some money.
As for other people, especially those who entered the market later, they lost money. Many people did not even get a cent of interest on the principal they invested.
They complained to each other, blaming someone for asking them to invest money before, but deliberately ignored that Jiang Zhihao had long advised them not to play this game.
It is precisely because of the continuous thunderstorms of these loan platforms that banks have more bad debts and have to shrink their money, and their liquidity is greatly reduced.
Banks are unwilling to lend, and those physical businesses squeezed by e-commerce are even more miserable. In just a few months, a large number of physical companies have gone bankrupt.
The person in charge is either caught, flees overseas, or gives up on himself and waits for creditors to come to collect debts.
Anyway, you don’t need money, you only need your life, so what do you love?
It seems that the real market has been severely hit, but one thing you need to know is that the prosperity of e-commerce comes from the support of the real economy.
No matter how powerful an e-commerce company is, it is impossible to conjure goods out of thin air. It still needs physical merchants to produce them.
The physical businesses that really make money are those terminal manufacturers that have direct connections with e-commerce, while the profits of various material suppliers and manufacturers are not high.
If they collapse, no one will be able to supply e-commerce products, which will lead to higher prices of goods and inflation and other problems.
The stock market crash that occurred a week later was based on this basis.
It seems that the explosion of online loan platforms only took a few months, which seems not enough to ferment so quickly. In fact, it has been nearly ten years since the emergence of e-commerce and squeezed the physical market.
The last straw was the bank's reduction in loan amounts due to the explosion of online loans.
Especially those big capitals have anticipated this risk and are constantly withdrawing.