Albert Smith is a Texas farmer.

He is the standard American red neck, and it can be said that Mr. President, who was unreliable in the first place, was able to do this position now.

It's these people.

There may be people who don't know the meaning of red neck. But in fact, red neck is a slightly dejoratory term on the American side.

Because red necks seem to mean inferior, the so-called red necks simply understand it - American inferior whites.

Americans (including whites) can't help but think of the "red necks" of the South when they bring up the issue of white racism. "Red neck" is a historical term used to guide poor white farmers with low education. For example, it is called cracker in places like Georgia and Florida, and hillbilly in Appalachia. Examining their etymology, they all have strong derogatory connotations. Sometimes people simply call them "white trash". Needless to say, these names reflect both strong regional and class prejudices and deep social realities.

White societies in the South and New England have been strongly different since colonial times. New England, especially Massachusetts, also known as Massachusetts, is a typical "Mayflower" Puritan area.

Although the textbook stories are overly romanticized and idealistic, the white people who settled in New England, if not mere pilgrims, at least belonged to a relatively high cultural class, and most of them were immigrants with their families.

There were few great riches, mainly yeoman peasant society, where everyone was more equal, and the spirit of thrift and struggle of the Puritans was largely the mainstream of society. In the south, on the other hand, in Virginia, with the exception of a few large ranchers, there were a large number of slaves, that is, white people who had sold their personal freedom for a number of years to pay for their masters' travels.

To put it more simply.

The red neck is actually the American peasant and working class, but because the whole country is relatively wealthy, even if it is this class, their wealth is very influential and cannot be compared with the peasant workers in China.

These people are the most conservative and feudal, and they stick to tradition. They are inherently at odds with the Donkey Party, even though the Donkey Party is actually on their side.

Because the rednecks are extremely xenophobic, and most of them have serious racial discrimination.

Particularly unreliable during the election campaign, he was abandoned by the whole of Los Angeles and Hollywood. Even many elephants themselves oppose him. Before the results, he was almost always behind the other presidential candidate in various media and various opinion polls.

But in the end, he succeeded.

Rednecks like Albert Smith are indispensable. It can be said that they single-handedly pushed the current Mr. President to that position.

For example, Albert.

He voted in favor of it at the beginning, and even contributed $10,000 to the campaign fund of the unreliable president.

Although it is a red neck with some derogatory terms, it represents backwardness and lack of progress, as well as tradition.

But Albert Smith did not feel that he was such a person at all, on the contrary, he believed that he was a man of the times.

Like now.

With the help of his son, he is ready to exchange his hundreds of thousands of dollars in the stock market for more stable financial products when the economy is very depressed.

If it were according to his old philosophy, or the ideas that the Rednecks used to stick to. It used to be turned into land or anything else that could be seen and touched.

But Albert feels that it is now the 21st century, and the age of the Internet has long arrived. If you don't eat the ancients, you will be abandoned by the times.

He gave up the stubborn ideas of the past, and with the help of his son, he wanted to make an investment and manage his money.

The father and son drove to O'Hughes, the capital of Texas.

The city of Oshous is very strange.

What a strange method?

Because Oseus is the capital of Texas, and Texas is a conjunct state of the conservative and traditional state of the entire United States. If it is concrete, it can be understood that Texas is an elephant state, and most of the entire state supports the elephant party idea.

But it is in this extreme case.

But O'Hughes, the capital of Texas, is a true donkey city......

Elephant Party State, Donkey Party City......

So a lot of Texas rednecks don't recognize O'Hughes' status, they prefer Dallas, Houston and San Antonio.

Albert is a relatively enlightened redneck, although he doesn't like O'Hughes either, but his son says that if he wants to do financial management, only here is more suitable.

He could only listen to his son.

I came to a bank in Ohughes, Texas, Citibank O'Hughes Branch.

Sitting in front of the computer with the trading account ready, opposite the pretty female trader with a smile on her face, next to her own son.

Albert spoke directly: "Pretty little girl." I want my money, stable money, can you help me?"

His son slapped his forehead.

Helplessly, he smiled at the female trader and said, "My father meant." He wants to use the money in his bank account as a financial ......"

"Of course!

The female trader smiled very good-looking, not good-looking, if the financial management is done, she will have a commission.

"What do you want to buy? We have a wide range of products, from Goldman Sachs and MGDT financial plans, to Draxler and Porter's wealth management products, all of them! And our handling fee is also the lowest in the whole of Hughes! With us, our esteemed customers can get the most perfect service!"

Albert's son just wanted to speak, but Albert preemptively said: "Wait a minute! Actually, I've already done some understanding! These so-called financial products are all very dangerous! I only believe in one thing, treasury bonds! What I want to buy is treasury bonds! Treasury bonds!"

The son smiled wryly.

He had already persuaded his father.

Although the U.S. Treasury bond is indeed solid, the yield is not bad. But not to mention whether the treasury bonds can be paid in the future, the yield of the treasury bonds alone is really scummy compared with other wealth management products.

The highest annualized rate of return is around 5%.

What can you do?

Looking at other financial products, there are hundreds of percent exaggerated, 50% and 60% high, and 30% lower......

Of course......

The stakes for these are extremely high.

Basically, 10 people vote in, and if one person can return to the capital and make money, then they can be in the newspaper.

Albert's son didn't believe these exaggerations either. But 5% is too little, at least Goldman Sachs and MGDT or Citibank itself have those wealth management products with an annualized return of about 7%, although there are also risks.

But it's much better than those exaggerated pheasant products mentioned above.

And want to make money.

What is there that doesn't take risks?

But his thoughts can't affect his father, who wants to do financial management, but he only believes in national bonds.

And the female trader opposite.

When he heard that the farmer wanted to buy a government bond, his expression became less pleasant.

Because of the transaction of treasury bonds, the handling fee and profit are the lowest, and if it is more than 100,000 US dollars, she does not have a few commissions.

She tirelessly continued to persuade: "Sir! Buying treasury bonds is the most irrational! Although the treasury bonds are stable, their returns are really low! Even if you use this money to buy lottery tickets, you can earn back this money...... I recommend you to buy the special farmer income pushed out by our bank, which is ...... per year"

"I just want the national debt!" said Albert, in no uncertain terms.

"However, according to the latest announcement by the Ministry of Finance, our country's national debt has reached $22 trillion......!

"All I need is the national debt!"

"It's good to buy Treasury bonds...... But ......"

"All I need is the national debt!"

“……”

The female trader finally relented, and she had to say weakly, "So...... All right. Sir, how much Treasury are you going to buy? We have the lowest fourth-grade, twenty-year one. There are also perpetual bonds. ”

"What does perpetual debt mean?"

"You're never going to get your principal. But every year the government will give you back the annual income, such as 100,000 principal per year, if the annualized return is 5%. Then you can get 5% of the principal of 100,000 per year, which is about $5,000. Of course, the interest rate of $100,000 perpetual bonds is not so high, but it is only 2~%3%. In other words, if you buy perpetual bonds, then you can receive $2,000 to $3,000 per year......"

"How long can I get it?"

"Got Our Country Bankrupt ......"

"Then buy this! I have $180,000! Buy all of this perpetual bond!"

"Have you thought it through? If you buy a perpetual bond, then you can't get the principal, and you can only receive interest in the future?"

"Don't think about it! God bless America, I can get so much money every year!

"Okay, okay. ”

The female trader said with a wry smile, but she felt a little pity in her heart. If she buys other financial products for $180,000, she can get at least a few hundred dollars. But if you buy government bonds, you don't have a penny......

It's just that the customer is so stubborn.

At first glance, it looks like a red neck.

There was nothing she could do.

These rednecks can't afford to offend, they have a short temper, and there are many things that go about pulling out guns when they don't agree.

She was trying to get Albert to do it.

Suddenly.

In the quiet bank hall, a tall, fat old white man rushed in, and as soon as he entered, he shouted to the bank account manager: "I want to buy that Sun Fund product! The one with an annualized return of 15% should be ......guaranteed by oil."

The account manager hasn't had time to get in touch yet.

Behind them came a large number of guys dressed somewhat similarly to the tall, fat old white man.

All at once they turned a quiet bank hall into a vegetable market.

"The one that uses oil as a guarantee, the one that can earn $1,500 a year for $10,000!"

"Give me $215,867 for that thing!"

"Andrew, I have $860,000 in deposits at Citibank! Now I ask you to exchange all my deposits for this kind of fund! Otherwise, I will have to change to another bank!"

"I'm going to buy it too! I've got $110,000 for it, and I want this oil as a guarantee!"

"I'm going to ...... too"

"I ......"

“……”

Albert, his son, and the female trader sitting in the chair were dumbfounded.

What's going on?

Why did so many people rush to the bank?

You must know that perhaps the banks in China are often full of queues, and they are often crowded. But this is very rare in the banks in the United States, because the people who can come to the banks here are some rich people, at least the middle class.

Guy with no money.

There are credit cards, ATMs can be swiped, and some cash is enough. After all, if you go to the bank to do anything, open an account and withdraw some money, you have to pay additional service fees. No one wants to make this money to the bank if it is not necessary.

The group in front of me didn't look very well-dressed, and there were even some sloppy guys, but they were actually some guys who were at least middle-class.

Albert Smith recognized many of the guys in there.

He frowned and muttered, "David, Henry, Hunt, White, Andre...... Why are these guys coming?"

The guys he could recognize and pronounce were all other farmers or ranchers in the vicinity of his farm. Don't look at these guys as if they were farmers, they were actually farmers. But almost all farmers in America were at least middle-class.

These guys are very rich.

A few have a net worth of millions, and many even have a net worth of tens of millions!

However, they are almost all red-necked in the standard American population, and they have never believed much in financial products and the like.

Why did they suddenly crowd into the bank today, shouting what bank products to buy?

What is that sun fund?

What the hell is it?!!

"Jack!" Albert Smith quickly looked at his son, "what does this mean?"

The more clever Jack Smith first went over to ask, then returned to his father's side, and used his mobile phone to play with the mobile phone to check the information.

Ten minutes later.

His eyes widened.

In an uncanny tone, he whispered to his father, "They're robbing the money! Dad, we have to get over! The annualized return of 15% is still guaranteed! Oh, praise Sephorosa!"

Albert Smith listened in a daze, and he frowned, "What Sephorosa?

"Don't care so much! What kind of treasury bonds are you going to buy? Don't you see that even the most angry and courageous person is still coming to buy it at his uncle? He also said that he wants to buy 810,000 US dollars! That's his net worth for so many years! Even he has spent so much money, what else do we think about?"

Albert nodded repeatedly.

"If that's the case, it seems to be true. Even the most angry White wants to buy financial products, which should not be fake. ”

"Let's go buy it too!"