Chapter 40: Garbage has no outlet
Gu Cheng's words made Li Yunxin's heart sink soaringly.
The newly raised dedication has also dissipated most of the meaning support behind it.
The second half of the celebration party was a bit sluggish, everyone was nothing more than drinking, yelling, and then putting on some energetic music and naked-eye 3D cool performance.
Just go crazy with your hormones.
Quan Baoya originally drank a good amount, and he and Gu Cheng didn't see each other for many days, so they naturally drank openly. Li Yunxin was depressed and couldn't help but drink too much. Gu Cheng was quite emotional, cranky, and a little willful.
Fortunately, Pan Jieying has always been very rational and careful, afraid of accidents, and always maintained it, so that others could enjoy themselves.
After drinking, Pan Jieying helped Li Yunxin back to a lonely guest room, called the maid and masseuse to help clean up, and dressed Li Yunxin to sleep.
In the DK-POLO clubhouse, there are many high-end rooms attached to the private rooms. The Li family's control over Li Yunxin is becoming more and more lax, especially when they see that she is starting to learn well, and they don't interfere with her much.
Later, Pan Jieying was a little tired and stuffed Gu Cheng and Quan Baoya, who were also groggy, into another room.
……
In the early morning of the next day, Pan Jieying moved away from the entanglement of Gu Cheng's strong arms and woke up first. I fumbled for my lace underwear on the soft bed, ran into the bathroom, and cleaned up the traces on my body.
She drank the least last night and naturally woke up the earliest. After washing, I was about to go back to the house and put on my coat, but I saw a lot of PUSH messages coming in on my phone.
Last night she turned on the mute, and it was all the news that came in silently in the middle of the night.
She picked up her phone and glanced at it, and suddenly felt like a dream, and her brain was slightly down. I forgot to put on my coat, so I was so distracted.
Ah Cheng ...... Last night, it seemed that the United States was still saying that there was a crisis in financial products, right? Why did Freddie and Finnie Mae collapse when he said it? Can he predict the future?"
The message that came in on Pan Jieying's mobile phone was forwarded by one of her secretaries.
She didn't wake up Gu Cheng first, tiptoed to find the bag she was carrying, opened her laptop and flipped through emails and news for a while, and sure enough, they were all true.
There is an 11-hour time difference between Seoul and the Eastern Time of the United States, which is 1 hour ahead of the capital time in Huaxia. What happened in the afternoon of the previous day in the United States, this side should indeed receive the news in the middle of the night.
Freddie Mac and Fannie Mae received $40 billion in restructuring funds from the Treasury Department of the United States and accepted trusteeship from the United States government. Later in the day, the United States International Group (AIG) also received $65 billion in restructuring funds from the Treasury Department, losing its autonomy. Lehman Brothers is rumored to be facing the same problem, and is now in secret negotiations...... Hehe, it's all been analyzed by the think tank, and you're embarrassed to tell the secret?"
There is no doubt that all these changes that Pan Jieying saw were exactly the 08 financial crisis that should have happened.
However, it was more than a month earlier than another time and space - Pan Jieying naturally could not have known that in that world, Freddie Mac and Fannie Mae would not be entrusted by the Ministry of Finance until September 7 this year, and AIG and Lehman would be able to survive for a week or two or even a month longer than the subordinated debt of the two houses. And the amount of money that was accepted in escrow should be more than it is now.
Pan Jieying was upset, and crackled on the computer, and the movement was not small, waking up Gu Cheng, who was the second least alcoholic.
Gu Cheng rubbed his eyes, took a wipe from the wipes box at the bedside, and then put on his glasses, and saw a scene that made him feel as if he had traveled through time and space.
It wasn't quite bright yet, it was about five o'clock in the morning. Pan Jieying was wearing only lace underwear and sat in front of the computer. The blue light of the screen shone faintly on her snow-white and smooth skin, like a ghost movie.
Eight years ago, also during the summer vacation, Gu Cheng just took Pan Jieying out to mix around, sell traffic to Ding Sanshi, and then led to the collapse of the Internet bubble at the turn of the century, Pan Jieying was also stunned at first.
Although, at that time, the relationship between Gu Cheng and Pan Jieying was completely the purest mutual love.
Although, this time in the crisis, Gu Cheng is really innocent.
He lifted Kwon Bo-ah's thighs away from his lower body, then picked up a blanket and gently walked over to cover Pan Jieying's shoulders.
"The air conditioner is cold, be careful. ”
"It's an economic crisis again...... This time, it should have nothing to do with us at all, right?" Pan Jieying was comforted by Gu Chengyi, and the whole person seemed to have been drained of the backbone, lying softly in Gu Cheng's arms, and the whole person was very open.
She didn't know why she added the word "again" when she spoke.
"I don't even know what happened......" Gu Cheng smiled bitterly, and said in his heart, Sister Ying really took him as a god?
"It's the things you predicted last night, forget it, my mind is a little messy, you can see for yourself. Pan Jieying's eyes flashed, and she kissed Gu Cheng deeply in confusion for a few seconds, which was considered to be settled.
Gu Cheng hastily read the emails and news on the screen for a while. At first, he was quite surprised, but then he gradually figured it out and was relieved.
His first reaction was that the economic crisis came much earlier than in history: it was only August 3rd, just over the halfway point of the summer vacation. He vaguely remembered that the Great Depression happened quite late in the second half of the year, and that it had to be the end of the school season. So now it's definitely ahead of another plane.
Don't wonder how he would have known that the Great Depression occurred after the beginning of the school year, it was entirely because he had read some related articles in later generations, saying that it was the question of "which classes of fresh graduates have been the worst in the past years since the expansion of university enrollment in this century".
In those articles, later historians have recognized that the batch of fresh graduates who graduated in 09 was the most unlucky in the past 40 years. At the same level of academic and ability, it is worse than those seniors/sisters/younger brothers/sisters who are a few years earlier or a few years later. Not only was the starting salary of employment low in that year, but the continuous upward trend and average salary increase since then were lower than those of the younger generations.
The reason is that the graduates of the class of 09 just hit the muzzle of the Great Depression when they were employed, and once the starting salary starting point is low, with the salary pressing habits of contemporary HR, the subsequent job hopping will always be crushed by this factor. According to some statistics, most Class of '09 students don't earn more than Class 11 in their lifetimes. It is understandable that the students who graduated in those two years were more right-wing in their lifelong values than their predecessors (such as sympathy for the Führer).
And if the Great Depression had come in August, the employment season would not have ended! Supposedly, Class '08 students would have been affected and would not have been able to find good jobs with good salaries before the end of the economic boom.
Therefore, the crisis of another time and space definitely affected China after the end of the 08-level job search and employment season.
Why did the butterfly effect come in reverse? Gu Cheng was puzzled by this for a while.
In his original understanding, he had always thought that his appearance would delay the Great Depression.
Here's how he analyzed it in his heart:
In another world, because of the slow development of the Internet industry and other high-tech industries (especially artificial intelligence), financial capital has no channel to invest and vent, and has to shift from "network" to "brick", that is, the world is engaged in real estate, Huami is the same, and finally collapsed.
Now that he has found an outlet for high-quality capital to invest in high-tech industries, how can those financial capitals learn to be obedient and invest less money in the field of "high-risk housing loans for the poor and even derivative insurance bond products", and slow down?
Why did it collapse faster?
It's not scientific.
His eyes flashed with confusion, and he looked at Pan Jieying in a daze.
Pan Jieying's eyes were full of trust, and she seemed to regard Gu Cheng as a god.
Gu Cheng hurriedly collected his mind and secretly warned himself not to mess up. Sister Ying regards him as an omniscient, omniscient and omnipotent existence, and she can't let her sister down.
He continued to look down at the details of the email and news, pondered for a long time, and finally caught a little bit of insight.
"It seems that the scale of the rescue or reorganization of the Ministry of Finance of the United States is not as big as imagined? AIG and the two subordinated bonds have only taken such a small amount of money? I heard that the bailout plan that the little immortal president should give is the '700 billion dollar plan', and the domestic water is injected with '4 trillion'. If the final package doesn't have that much, maybe my guess is right. ”
Gu Cheng found that in the 08 Great Depression of this world, the scale of the bailout did not seem to be as large as that of another world.
That's where it gets interesting.
"Although the money is the same all over the world, the person who owns the money behind the money has different off-board resources other than the money.
It is because of my emergence that those high-quality financial investment institutions with resources have found better projects. But those inferior financial resources are still idle, and they have to take risks to lend to the poor people who are very likely to not be able to pay them off? So the scale of junk debt in this time and space is not as large as in another time and space, but the quality is more garbage than in another time and space, so the speed of collapse is also earlier?"
Once this thought formed self-consistency in Gu Cheng's mind.
This is a very possible thing, after all, the "extra, investment in high-tech industries" opportunities he brought are now dominated by Huaxia, and many Mi capital has not had the opportunity to intervene. And even in China, this kind of high-tech innovation is a game of a few giants, rather than a low-end business where "hundreds of schools of thought contend, no threshold, and anyone can enter the market and insert a lever".
Therefore, a lot of capital from resource waste, even if there is money, cannot enter this field, and can only invest in real estate and the subordinated debt behind it.
In other words, if Gu Cheng attracts "Didi Taxi", "Ele.me Takeaway" or "Ctrip Discount", "Mobike" and other business models that have little technical content and are more expensive than burning money, then whether it is money with resources or money without resources, they are all qualified to enter the market to play two.
After all, even if the top giants don't accept money from certain capitals, those capitals can pull a cat and a dog over, and then create a new company out of thin air to deliver food or form a low-cost group or open a rental.
However, the investment opportunity brought by Gu Cheng is the circle of "artificial intelligence/content FEED"!
If Gu Cheng doesn't take their money, Tengyun doesn't take their money, and Baidu, Google, FaceChat and Amazon don't take their money - those junk funds that don't have off-the-counter resources can still find a 7th artificial intelligence company on the earth to collect their money?
No way!
Because on the earth, at this point in 08, there is no 7th comprehensive company that does artificial intelligence, and there is nowhere to spend money.
This is not food delivery, if you have the money, you can open it if you want to.
Therefore, the capital environment of this world is that although more high-quality funds are optimally allocated to high-tech industries, the scale of capital that is eligible to play this game is limited.
And the surging capital, which is rejected outside this circle, is unwilling to suffer from the loss of the rate of multiplication, so that "although the scale is smaller than that of another time and space, the average quality and the objects of lending are more garbage than that of another time and space".
The outbreak of the Great Depression was slightly smaller, but the timing of the collapse was also brought forward.