Chapter 158: The Third Bomb Lin is an American Hero
11:15pm.
That is, half an hour after Lin Yi and the others were attacked by the action team, Lin Yi stood in front of the live broadcast camera again.
This move of his,
Once again attracting the attention of the world.
Because many people know that this big devil is going to make a new move. People don't know who this shot will be aimed at, but many people have begun to become nervous.
Lin Yi spread his hands, "I don't know how many people are still watching the live broadcast. I'm afraid it's no less than 100 million. It's past 11 o'clock in the evening. I want to talk about something lighter. Let's call it 'City Night Talk'
'Bar."
Many people's hearts are quietly relaxing.
Lin Yi looked at the camera with clear eyes, "Since 2000, real estate has become more and more prosperous. Among office colleagues, friends, and relatives, the most talked about thing is houses. Many people are happy because they bought a house in time.
, some people are frustrated because they dare not take action and watch house prices rising day by day."
"From 2000 to 2006 now, house prices have more than doubled. A villa that used to cost 6 to 7 million has now risen to 1.5 million. Many people think that it would be better to buy one more house and double the investment.
It’s not easy to find.”
"But there are also many people who cannot afford to buy a house. What should I do? Get a loan. But the loan requires a mortgage. What should I do? It doesn't matter. The financial institution guarantees that as long as you sign, the house is yours. You live in the house or collect the rent, etc.
After the price of the house increases, you can sell it and not only live in vain, but you can also take advantage of the opportunity to make a fortune."
"In this way, many people who have no job, no fixed income and no assets have got their first house in their lives. They are grateful to the government's "Home Ownership" program."
"But there are huge risks in such loans. Will real estate companies and financial companies cover themselves up? Of course not, how could they leave the danger to themselves? I believe many people know that these housing loan bonds are packaged and carried out.
Assets are securitized and sold to various downstream funds, and the funds are then sold to ordinary investors."
"Look, ordinary investors are the ones who pay the final bill."
“But this model is based on a foundation, that is, the value of houses continues to increase, the number of buyers continues to increase, and large-scale mortgage defaults will not occur. Through diversification, a lower default rate is guaranteed, and profits can cover the risks.
"
"What is the scale of subprime mortgages today? Eight trillion U.S. dollars, a huge number, and how many families are involved, tens of millions."
"But many people don't know that the crisis has come. The value of houses will not continue to appreciate forever. It will eventually stop at a certain level. At that time, the liquidity of houses will have big problems. The houses cannot be liquidated, and the mortgage loans of three people with no income will be
How can we repay it?"
"I have an investigation report here between real estate companies and financial consortiums. In fact, they have analyzed that the crisis has arrived and is inevitable. House prices have stopped growing this year. They expect the original three-no house buyers to repay their mortgages. That is
It’s unbelievable, they can’t even get the interest out.”
"Some people say that the house is repossessed. Haha, the house is already a financial derivative, and its value is the value of the loan. If the house is worthless, the loan will also become worthless, and the financial derivatives it forms will naturally fall in price crazily.
Until total collapse.”
"What's even more frightening is that ordinary people are just victims, while some large financial companies, after seeing these crises, are already making preparations for short selling and drawing blood again in this crisis."
Lin Yi smiled at the camera,
"Perhaps there is still a chance to escape now. If it is later, those subprime mortgage bonds that have become junk will fall into the hands of investors, causing all investors to lose everything."
"Regarding the housing subprime mortgage crisis, I will post the information on the Internet. Those who are interested can download it and have a look, especially those who have invested in this. I hope it will be of some help to you."
“That’s it for tonight’s ‘City Night Chat’. I hope everyone has a good dream. Goodbye.”
Good dream,
What a dream to get a son.
in front of the TV,
audience before the Internet,
Many people shuddered after hearing what Lin Yi said.
Especially those home buyers and investors.
It's strange that I can sleep at all.
Home buyers know that their previous dreams of making a fortune from their houses may be shattered. As people who buy houses, they naturally feel that the prices of houses are no longer rising, and there are only a few buyers.
Houses that were hot sellers in the past are now listed with no interest at all.
Investors also feel the crisis, and they buy a large amount of financial derivatives in the hope of making money through investment. However, if these securities explode, their investments will be in vain.
The most nervous ones are actually the real estate companies and financial consortiums. As the initiators, haven't they seen the crisis? No, they have seen it. Some are already withdrawing, but some can't hide even if they want to. What can they do?
Can find a way to hold on.
Fannie Mae,
Freddie Mac,
There are also financial operators in the background playing Brother Ray.
The subprime mortgage crisis was brought out by Lin Yi so cleanly and neatly, which made them feel so uncomfortable. Naturally, they knew that this was a financial nuclear warhead and how dangerous it would be if it exploded. Originally, they wanted to delay it, but now
I can't put it off any longer.
In fact, since this year,
There are many unique sights appearing across the United States, which are more and more real estate advertisements.
Price reductions, promotions, gift certificates, houses that were snapped up in the past are now being used in every possible way, but there are still very few buyers.
historically,
The so-called 2008 financial crisis really began in February 2007. In February 2007, HSBC announced that its North American home loan mortgage business had suffered huge losses and wrote down US$10.8 billion in related assets. This kicked off the subprime mortgage crisis.
In April, New Century Financial Corporation, the second largest subprime mortgage company in the United States, filed for bankruptcy protection due to its inability to repay its debts. Subsequently, more than 30 U.S. subprime mortgage companies ceased operations one after another.
In August, Bear Stearns, the fifth largest investment bank in the United States, was affected by the subprime mortgage crisis and announced the collapse of two of its hedge funds. Subsequently, Bear Stearns, Lehman Brothers, Citigroup, Merrill Lynch, ****, UBS, etc. exploded one after another.
Make huge losses.
Later,
All kinds of thunderstorms and the spread of panic led to the full-scale financial crisis in 2008, which spread all over the world.
It is now 2006,
But the problem actually already exists.
It's just those real estate companies that are still struggling to support themselves.
Lin Yi just popped the abscess in advance.
As for the information he released, there are internal transaction data of real estate companies and financial data of financial companies.
Data doesn't lie.
Whether you are making money or losing money, these data are clear at a glance.
...
It's late at night now.
Lin Yi calmly said a piece of "city night talk", but it blew up many companies and turned them upside down. More people are destined to be unable to sleep tonight.
Many people know,
tomorrow,
Wall Street will have another thunderous point.
this night,
Wall Street doesn’t know how many big bosses will hold meetings overnight to study and deal with problems that may arise tomorrow.
There may also be chain reactions that may occur.
As for Lin Yi, he knew that it was impossible for the economic crisis to break out just because of his words, but he was certain that in the future, people would regard tonight as the starting point of the economic crisis.
The outbreak also takes a long time, maybe half a year or a year. During this period, those companies with problems will first struggle to their death, and then they will surrender and become the dregs of the economic crisis.
this night,
It's very difficult,
But it finally passed.
A new day has arrived.
Many people have never felt that a day has been so long. This is probably what it feels like to live like a year.
nine o'clock in the morning,
U.S. stock markets open.
As soon as he came up, he performed a high-altitude dive.
Open low and go low.
And the decline is very large.
Affected by Lin Yi's late-night talk, real estate subprime mortgage securities were sold off heavily, and prices fell off a cliff.
But it's not over yet.
At noon, news broke that Congress was preparing to launch an investigation into the president and restrict some of his powers. On the other hand, the FBI officially launched a criminal investigation into the poisoning of the former president.
panic,
The market is more panicked,
Continue to fall wildly.
afternoon,
Madoff was arrested by the FBI. In the footage, the old man was handcuffed and held down by two people for interrogation. In the background was his securities company on Wall Street.
At the same time, analytical articles about the real estate bubble began to appear online and in newspapers. The data provided by Lin Yi was sufficient. With a little analysis, the results would be known. Houses cannot be sold, people cannot afford to pay off their mortgages, and it is useless for banks to repossess their houses.
, financial companies sell bonds to investors, this series of connections will inevitably trigger a new round of financial crisis.
2pm.
The Federal Reserve and the Securities and Futures Commission announced a series of emergency measures, first announcing a two-day suspension of trading on the New York Stock Exchange.
Because the stock market in the United States plummeted, the stock markets in other countries also fell. After the United States announced a market closure, Germany, Japan and other countries also announced a one-day closure.
even so,
It has also dropped by 18% today, an absolute plunge.
And the problem has not been solved at all. This is just the beginning. The President of the United States is implicated in the murder, Wall Street's largest fraud, and real estate thunderstorms. These problems are there. If they are not solved, the market will still fall after opening two days later.
How to solve the problem.
No one has confidence now.
The Great Depression in the United States in the 1930s was also caused by the stock market crash. Many measures were taken at that time, but they still could not be saved. When the fire alarm signal hit the building, the market was also closed. However, in the following two weeks, the stock price still fell by about 50%. In 2008
When the subprime mortgage crisis broke out in 2016, the market was still rescued and all kinds of measures were taken, but it was still difficult to stop the decline.
So,
This method only gives them a buffer period, but it does not solve the fundamental problem.
...
The other side.
Lin Yi created this crisis.
I haven't been idle today either.
Still fighting with the police.
The FBI tried every means to contact Lin Yi, negotiate with him, and hope that he would stop his actions, especially to eliminate the electromagnetic bomb crisis, and asked Lin Yi what he wanted.
Request?
Lin Yi's original intention in creating this trouble was to create trouble for the United States and make some small money by investing in the stock market.
As for specific requirements,
He really hasn't.
"My request is very simple. Oppose U.S. hegemony, oppose war, stop aggression against Yinlak, withdraw troops from Yinlak, stop the war in Afghanistan, withdraw troops from Afghanistan, and stop all aggression."
Lin Yi said this,
It's all just to confuse people.
I have to say,
As soon as he said these words, people's definition of him changed from a terrorist to an anti-war person.
This also supports the reason why he threatened the government with electromagnetic bombs and broadcast it live. It was to fight the war.
It's noble to be against the war, isn't it?
As soon as Lin Yi's remarks came out.
The Internet is buzzing again.
"I have always felt that 'Lin' is not a terrorist, at least not a simple terrorist. Now I finally know that he is an anti-combatant fighter."
"He announced the problems of the United States to the outside world, but he actually did it for the good of the United States. Lin is an American hero."
"I oppose the war. Lin will be my idol from now on."
"Our anti-war alliance will regard 'Lin' as one of the spiritual leaders in the future. He is the real anti-war. Only such behavior can attract the attention of the government, instead of sitting on the side of the road, holding a sign and shouting
Shouting, that sound is too weak, shouting while carrying a nuclear bomb is definitely much louder than shouting while carrying a sign."
