Zhang Yaoyang felt that he needed to work very hard to make money, because the 200,000 deposits he had saved over the years were made by his own losers as venture capital, and he lost 130,000 yuan in one go.

It's not easy to make 130,000 yuan in these years, but you can buy a Honda Civic! You can also buy a two-square-meter house in Shanghai.

In fact, what is the so-called venture capital and venture fund money, where is it so easy to make money? Those fund investments with annual returns of more than 10% feel unreliable when you think about it, most of them are funds that others have played almost the same, and then you need to find a bunch of pick-up heroes to solve the fund.

What does it have to do with ordinary people like themselves in those funds that have an annual income of 17 percent, those funds that can really guarantee returns?

They keep splitting up all kinds of bonds, putting money into all kinds of hot industries, and then inflating these industries. Build one unicorn-looking company after another, and when everyone is chasing these unicorns, they quietly short these unicorns.

When ordinary people flock to the city with money, for fear that they will not be able to earn money if they invest it late, they have already withdrawn. Only a group of fools were left to help take over, and in the end, it was smashed in the hands of such retail investors.

It's like the subprime mortgage crisis in the United States. The outbreak of the subprime mortgage crisis was when the bankers got away with it, and the real estate bonds that the U.S. real estate market did at the beginning were all made up of bonds with the highest AAA ratings. These mortgage bonds are made up of the American middle class. They have a stable job, a stable family, and a stable income.

Therefore, many pension funds, medical funds and various national insurance companies put money into these mortgage bonds, and many banks and investment institutions, including Lehman Brothers, packaged these housing bonds to form a seemingly perfect bond trading system.

After all, how many people in this world can buy a house without taking out a loan? This is a very stable platform that will definitely make money.

And when this bond platform has evolved for decades, it has completely changed. Because banks are making excess and solid profits from the housing bond platform, they have lowered their requirements for borrowers without limits in order to get more of their cake.

Mexican immigrants, ****, barkeepers. As long as an individual can borrow money from a real estate agent to buy a house, hundreds of thousands of dollars of real estate have become readily available, and everyone in the United States has a house to live in from a dream into a reality. However, low-interest loans are not permanent, and the borrower's ability to repay is not always the same.

Real estate agents coax people who don't know anything about into coming to the house and promise long-term, low-interest loans. However, in reality, these commercial loans will usher in a wave of explosive interest rate increases after the low interest rates of the previous two years. Because bankers are no longer able to get the profits they want from packaged bonds. To put it simply, the sale of housing bonds has entered a saturation period.

Zero eight years ago, a **** in New York for three apartments, this is not a fairy tale, but reality. But unstable income, uncertain future. She received the lowest B rating in the Debt Trust System (LS) rating. And that's not even the worst of all, those Mexican immigrants who don't have jobs and don't know what they're doing all day don't even have a B rating. But they bought $3.5 million worth of property in Buffalo in Atlantic City. Because real estate agents offer a plan with zero down payment. They don't even have to pay a dime, they can live in a luxury villa with just a few signatures, why don't they do it?!

And these junk bonds and those AAA bonds are packaged together and then sold to others together. The AAA-rated home bonds are all floating on the surface, and they look magnificent. And underneath these AAA-rated bonds is rotten BBB to B-rated garbage.

But who cares? How can a house in the United States lose money? How can a house in the United States not be sold? Please, as long as there is a house that is built, it will be sold very quickly. Real estate in the United States never loses money!

All brandished money into the real estate market and ...... The avalanche began.

Those debtors with a B rating could not afford to repay the loan in the first place, and it was only when the bank began to collect at commercial interest instead of low-interest and interest-free that they realized how terrible the loan to prop up a large house was. Many people left their houses behind and started running.

When the B-level bad debts began to increase indefinitely, the BB level and AAA level built on it all became a pile of rotten garbage.

Wall Street predators demanded a bailout from the president, who came up with trillions of dollars to save the bankers. Because they can't go bankrupt, they go bankrupt, and the country's economy collapses. So in the end, the subprime mortgage crisis that swept the world became the work of the world's predators to protect Wall Street.

Countless middle-class bankruptcies in the United States, more than 140,000 factories in coastal China have closed, and 80 million people have lost their jobs. Wall Street's bigwigs are running and dancing and smiling through this crisis, and the only unlucky one may be Lehman Brothers.

"So, it's just not reliable to do this kind of thing. I feel like I have to pay for everything. Zhang Yaoyang is familiar with these economic histories, and knows too well how unreliable retail investment is. In many cases, retail investors do not have a good vision to make money in investment, but simply luck, get the leg hair of the big guy, and take a sip of soup to drink.

These are very unreliable, because I don't really get any real effective counseling. Who knows if the news on the market is true or not. Do you still expect to make money from these consultations? That's a bit of a stretch.

"It's better to make money honestly. Zhang Yaoyang feels that being a spy is more reliable than investing. Because the devil knows what it will be like to be investing.

At least the money for being a spy has been negotiated, and as long as it is done well, there will be a million. Well, I still have to work hard, find a breakthrough from Master Xiao, and solve this matter.

Although there are only 70,000 yuan left, there is still some investment to please Master Xiao.

Zhang Yaoyang stood in front of the pancake fruit stand and struggled for a long time, and then said, "Boss, come two sets of pancake fruits." One set of ordinary, one set with more eggs, one more intestines. Oh, by the way, how much is this soy milk?"

Zhang Yaoyang carried two pancakes with more eggs and intestines, and went to Master Xiao with a cup of breakfast soy milk. Old Master Xiao is still sweeping the streets at the gate of the workshop.

"Old Master Xiao, have you had breakfast? I brought you something delicious. Zhang Yaoyang showed his kindest smile.

Old Master Xiao turned his head, his eyes were the same as those of a panda, and he spoke with the smell of bad breath: "Morning!"

Vomit~ Zhang Yaoyang almost didn't faint, he endured the discomfort: "Old Master Xiao, what's the matter with you?"

"Hey, don't mention it. I tossed and turned last night, I didn't sleep well, a little angry, a little sleepy. What are you looking for from me?" Old Master Xiao snorted.

And on the second floor of the workshop, a pair of cloudy eyes were staring at everything that was happening.