Li Xu was a little crazy at the moment, obviously discussing the future layout, how could he jump on his marriage partner? And it was not enough to say a word, he had to talk about it, as if he was going to get married tomorrow. Pen, fun, and www.biquge.info

Well, he knows that the marriage of the upper class is not autonomous, and it is an inevitable choice to marry with various families, and the marriage of his father and mother is also a marriage. But come on, he's not even 18 years old, and even if he wants to get married, he'll have to wait until he's 21 years old, right?

Besides, there are many changes in the future...... Well, these changes are known only to him, and it is not easy to tell others.

"Alright, so be it. Grandpa probably knew that he was very unhappy now, and he didn't dwell on this topic anymore.

"You're going to RB, right? If you have time when you come back, you can also participate in the discussion, and you have to take responsibility, Pipon, don't be like your father, always do what you want. Grandpa then said.

The tone is very gentle, and it is completely different from the seriousness and strictness before, so ...... Can it be seen as an apology?

Of course, as I said before, grandpa has always put maintaining his majesty at home in the first place, even if he knows that he has done something wrong, he will not easily admit his mistakes.

In fact, it's good that he can make the current gesture, there is still some truth in the next generation, and the grandson is also very good. If it is replaced by a father, even if he knows that his words are a little excessive, his grandfather will still make an expression of "it is right to reprimand you twice".

Therefore, in some respects, family education in the East and the West is actually quite consistent.

"Yes, Grandpa. Li Xu nodded, looking at the situation, grandpa is planning to end today's conversation, that can't happen, his goal has not been fully achieved.

"Grandpa, can I know how much the financial control will be relaxed when the new president takes office next year?" he asked.

Li Xu didn't mention the possibility of Carter's re-election, even if Carter was re-elected, he would have to relax financial control, as mentioned earlier, grandpa and his friends had already discussed. Second, since the party primary election this year, Carter's resignation has been a foregone conclusion, and he was too soft on the Soviet Union when he was in office, and a large number of people in the country were unhappy with him.

"It's hard to say, but it's certain to relax the scrutiny and regulation of securities offerings. Grandpa said after a deep sigh.

Sure enough, it was premeditated. Li Xu touched his chin, most people have already realized that hoarding Juqi can no longer be played, and they want to switch to securities to make better money?

But it doesn't matter to him, he says this to lead to the next words: "If that's the case, I have a more acceptable idea to make money than junk bonds, which may not be as profitable as junk bonds, but the prospects are very promising." ”

"Oh?" said Grandpa, "what is it?"

"Mortgages. Li Xu smiled slightly.

"Mortgage?" Grandpa was suddenly a little disappointed, after all, he didn't have Li Xu's experience, if someone from Li Xu's previous life heard this word here, I was afraid that he would have been shocked.

"Since the beginning of asset securitization in the 70s, housing loans can naturally be and should be marketed, but the profit will not be too much, it can only be luxury houses, although there are many luxury housing loans with good credit, but they can't do a few businesses. Grandpa groaned and shook his head slightly.

"You can put several mortgages together and package them as a kind of securities promotion," Li Xu is waiting for him, "The profit of a mortgage is indeed very small, but many mortgages are gathered together, it is a lot, and no one will not repay the mortgage, right?"

Then, without waiting for his grandfather to speak, he continued: "I have heard that some restaurants have played a trick that it is impossible to sell all those high-end ingredients in one day, such as Greenland cod, if it is put to the next day, it will definitely not be fresh, even if the price is reduced, it may not be sold."

So the chefs came up with a solution, and they mixed a few fresh cod with mostly less fresh cod and made a pot of soup. So, when the guests arrived, the cod soup they ordered was fresh. ”

Grandpa raised his eyebrows and didn't speak, while Li Xu continued: "Of course, there are so many mortgages, even if you add bad mortgages, there will always be a day when it will be done." However, we can also do this by repackaging the mortgage securities and making them into new products that we can sell to other investors. After these securities are completed, they can continue to be collected and packaged again, and continue to sell to new investors. ”

Speaking of which. Li Xu grinned: "It's like a gambler playing cards at the 21 o'clock table, he can win every time, so the onlookers start to bet with another person, and the bet that the one sitting will definitely win." Then the person next to him saw it, and he also bet with the people around him, betting that the person who bets that the seated gambler can win will definitely win......"

"Then the rest of the people continue to bet that the previous one can win, round by round, until everyone present is gone," Grandpa suddenly took over, his somewhat cloudy eyes shining at the moment, "as long as the seated gambler keeps winning, then they will always win." ”

Li Xu stretched out his hands, to be honest, those people on Wall Street are indeed very powerful, and capital is worthy of being the best at exploiting loopholes, so that the never-ending cycle can also be made out by them. As long as the person buying the house keeps repaying the loan, the cycle can be maintained, and most people are able to make money.

However, this is only an ideal state, and the real situation is far more complicated than this, the greed of capital, the needs of the government, and the luck of the people's hearts will all have an impact, leading to this fragile cycle getting out of control.

Not to mention anything else, can investment institutions carefully review the qualifications of people who take out loans to buy houses according to the huge benefits at their fingertips?

Li Xu only used the most simple words to describe the situation of subprime mortgages, and if you really want to talk about it, you have to make people dizzy.

Moreover, don't look at the fact that he has just made a business of 50 million, and he has to earn enough 10 billion before 93, and his understanding of finance is just like that, if he doesn't have the backing of his family, he is at most an ordinary trader.

And the reason why I said it at this time is to help my grandfather open up a financial road, and by the way, continue to brush up his reputation and prepare for the future. Second, in the previous life, looking at the subprime mortgage crisis, conspiracy theories are flying all over the sky, this is a conspiracy of Wall Street, this is a conspiracy of capitalists, in this case, as a descendant of capitalists, or capitalist reserves, then this conspiracy should be invented and carried out to the end!

As for whether it will lead to an early outbreak of subprime mortgages? Don't think too much about it, the entire 80 s was a chaotic time in the US financial market, and it was also the most dynamic time, with countless mergers and acquisitions and investments of all kinds, and after this stubble, there was still an IT bubble, and the subprime mortgage will explode at the end of the first decade of the new century.

Anyway, even if he doesn't do it, Salomon Brothers will do it in two years, in fact, Salomon Brothers can become the leading investment bank on Wall Street in the 80s, which is closely related to mortgage securitization.

If it weren't for being too arrogant and greedy, and offending too many people, when the Regulator would have targeted them and chased them hard, almost no one would have stepped forward to pull them along, and maybe in the end they would not have been acquired by the Traveler Group, but by the Traveler Group.

Of course, of course, even if you want to do this, you can't let Morgan Stanley go down in person, it's better to let others rush ahead, you can't completely implicate Morgan Stanley, and it's a good habit to keep washing your hands at any time.

In this way, you may not be able to get the biggest piece of the cake when you divide it, but it will definitely not become the target of public criticism, and you can still maintain a certain force - this is very important, for grandpa's plan.

Grandpa, who let out a long breath and closed his eyes after saying it in one breath, finally finished thinking, and then looked at Li Xu with complicated eyes, "It would be nice if your mother wasn't from RB, Pi Pang." ”

Li Xu immediately rolled his eyes and really rolled out: "Please allow me to remind you, grandpa, even if my father changed his wife, the child born is not necessarily me." ”

Although the mother in this life is very ...... It's difficult, but he's absolutely unambiguous when it's time to maintain.

The words were a little offensive, but Grandpa didn't care, just snorted dissatisfied.

Of course he is not really dissatisfied, it is obviously a pity that Li Xu can say such a thing, with such vision and talent, but he is destined to face the glass ceiling that cannot be broken in the future, which is definitely a very regrettable thing.

So...... This time, I should be able to brush up my grandfather's prestige to respect, right?

"What do you want, Pipon. Grandpa asked again.

He knew very well that Li Xu would not ask for this idea, in fact, this was exactly what he had in mind, but ......

"You know, I'm around...... Well...... There is a girl ......" Li Xu coughed dryly, he was a little embarrassed when his grandfather talked about his private life before, and now he has to describe it himself, which is even more embarrassing.

Grandpa has no objection to finding a lover, but he doesn't have a good attitude. After all, he himself is an illegitimate child, and he has never found a lover after getting along with his grandmother for decades, which can almost be compared with the old Rockefeller.

But he didn't say anything, just nodded to indicate that he understood, and Li Xu immediately picked and chose the matter of Baomu and his party.

"It's an opportunity, the whole of the United States is shifting the industrial chain, and it's a good location like RB Korea. We can't let them have key industries, but the electronics industry is not among them, and my father and I, both have a lot of shares in IT companies, and we can stick our hands deeper through Northrop. Anyway, their combat aircraft have a lot to do with the F-5, and the government now allows aircraft companies to go out and find people to work with. Li Xu summed it up like this.

Then he added, "I know Northrop's board wants to compete with GM for an Air Force order, but wouldn't it be nice to use their funds to practice their skills until then?"

"You can think about it, but what does it have to do with what you want?" Grandpa asked bluntly.

"Well...... this" Li Xu hehe, subconsciously adjusted his posture, leaned on the back of the chair, "I can't afford to play Hollywood now, it's still okay to play Oriental Hollywood." ”