Chapter 671: The Prelude to the Economic Crisis (1)

When the days are happy, it will inevitably be revealed, just like Jack's friends around him, I recently found out that Jack always looks happy and has a good temper!

Even if a friend occasionally teases him and makes a slightly over-the-top joke, he won't care too much.

You must know that this is a problem that most Chinese people have, and they seriously lack M-style humor and humor exercises, and from time to time they will not be able to figure out the situation and be a little unhappy, which is unacceptable to many people in M country, which pays attention to humorous feelings.

And Jack, as a top student, if he can add a sense of humor, he will naturally have a lot of friends on campus.

There are international students from China, and there are many international students from other regions, and more of them are from country M.

In China, many people complain that most of the good universities are children from rich and powerful families, but in fact, it is the same in country M, but the rich are more popular than the powerful.

That's because in country M, the power of money is in most ways more useful than power, and it is much more versatile.

Of course, this is also related to the propaganda orientation of the whole society of country M, and creating wealth here is the most glorious pursuit of the whole society.

And when the whole world is once again entering the prelude to economic crisis, everyone is more concerned about the direction of wealth flow.

In April 07, the bankruptcy of New Century Financial Corporation, the second largest subprime mortgage company in country M, began to expose the risk of subprime mortgage bonds for the first time.

It was only a few months before the Fed reacted by injecting liquidity into the financial system to increase market confidence, and the stock market of M was able to maintain its high level, which did not seem very bad.

However, soon after, the stock prices of the two major housing loan giants in M, FLM and FDM, plummeted, and the financial institutions holding the "two F" bonds suffered large-scale losses.

The Treasury Department of Country M and the Federal Reserve of M were forced to take over the "two Fs" to show the government's determination to deal with the crisis.

A series of sudden "changes" such as Lehman Brothers' filing for bankruptcy protection, Merrill Lynch's "commitment" to Bank of America, and AIG's emergency caused countries around the world to be shocked by the crisis. Wall Street's "misuse" of financial derivatives and underestimation of the subprime mortgage crisis have led to bitter consequences......

On the other side of the world, before the Chinese New Year, Yang Xixi also received the results of the final exam of the last semester, but first it was her mother who saw it, and after reading it, she paused a little and added: "The first place in the class, the first-class scholarship." ”

Yang Xixi's whole family didn't feel that there was anything they didn't know, and in the silence, it showed that they were used to it.

And Yang Xixi always had a faint smile on her little face, and there was no pride in it, nor was she pretended to be reserved.

No matter how good the results are, they can only show the past, and the most important thing is to continue to work hard in the future.

That's what she should be!

For many years, she has been studying hard every day, whether it is in high school or now in college.

When her classmates were busy resting and entertaining after class, and even had a lot of falling in love, she was still studying seriously, not because she wanted to be such a good person, but just that as a student, reading and reading well, this is the duty of a student!

Especially as a girl from an ordinary family!

Even though she is respected by many people as the new "school flower" of her university, she still feels that for a girl, academic accomplishment is often more reliable than beauty!

Because beauty can gradually disappear, but knowledge can accumulate more and more thick.

Besides, it's not enough to be beautiful on the surface!

What she wants to pursue should be perfection from the inside out, not to say that there are no flaws, but at least it should be controllable and acceptable flaws!

It is said that beauty without defects is also an incomplete expression!

Girl holding a textbook in a seat by the library window. A girl who can solve a high math puzzle and can't think about it all day long.

Once that girl who simply cherished the idea of changing the fate of herself and her family through knowledge.

There is a shortcut to success, but it does not belong to the majority, what belongs to all living beings is to endure hardships and hardships, and to become a master, the first time I saw such a girl, so now I have been duly rewarded.

"Oh, although you have gone to college, you are still not eighteen years old, and you are not an adult, if there is a situation in some aspects, can you discuss it with us a little?"

The conversation between Yang's mother and her daughter was very cautious, and she seemed to be a little afraid of scaring her daughter, but she couldn't say it, although she was very embarrassed, she still had to say it!

"Mom, what do you want to say? I'm in school, what can I do?"

Yang Xixi pretended to be a little stupid and said that there were some things she still wanted to be vague about, after all, her "secret incident" had just begun, and she really hadn't entered any substantive stage!

It's too early, how embarrassing it would be if it failed!

"Huh...... , What do you not understand what I say, my mother also came from this age, not to mention whose children don't fall in love when they go to college now?

Let's not talk about it if you can't make it, but you're a girl after all, and you're two years younger than your classmates.

I've been going to school all the time, and now I'm free, I'm afraid that sometimes you really have to let yourself go completely!"

Looking at the trace of shame on Yang Xixi's face, how could Yang's mother not see it? Her daughter may not really start falling in love now, but she must have the intention of falling in love.

Combined with her daughter's recent abnormal behavior, her daughter should have a target to look at, but the action has just begun.

"How can I be! I've always put my main energy and time on my studies, and even if I have time, I'm still busy working to earn money! Who is so leisurely and free?"

Yang Xixi also explained to her mother a little seriously at this time, after all, she always knew that the situation of her family seemed to be very ordinary, and the whole family relied on her father to work outside alone to earn money to support the family.

"That's why your dad and I are going to talk to you, our family's financial situation is not what you see and think.

It is true that we are all laid-off workers after the reform of state-owned enterprises, but we have been doing well since we came out, and then with you, I went home to take care of you, and your father continued to run the company we founded together outside......"

Listening to this, Yang Xixi was a little dazed, and her eyes stared at the boss......

"What's wrong with you?

Mother Yang patted her daughter lightly, and asked with some curiosity with a smile on her face.

"No! I wasn't happy! It scared me, Mom, are you sure you're not fooling me?

Yang Xixi looked at her mother with a tangled expression and asked.

"What do you think? The second generation of the rich is at most the second generation of an ordinary small business owner.

Moreover, since the beginning of this year, the company's real profit growth has begun to decline, and more recently, there has even been a decrease in profits.

In case the company doesn't run well, except for the affirmation that you won't become a negative second generation, the rest will have to be watched as you go. Who knows what the future holds. ”

Mama Yang said it very easily, but in fact it was much more serious than that.

The situation in China is also very emotional, except for a few people who are beginning to be alert to economic risks, most people are still cheering for the rapid growth of the so-called "new economy" or "virtual economy"!

How many people have noticed that life is getting more and more difficult for a small business like theirs, and the company has begun to lose money, but Dad Yang still works hard not to lay off employees, after all, there are many people in the company who have started a business with him.

He can live without a company, but what about those who rely on the company's salary to make a living?

Dad Yang has been having a headache recently, and even after the Chinese New Year, he is still depressed about it.