Brooklyn Park, New York. on the lawn by the lake.

"What? Am I not right? Kevin Lu couldn't help but ask about the confusion he saw.

"You're right. The United States needs this spirit of freedom, the spirit that makes the United States a world leader. However, the United States needs more freedom to keep pace with the times, and it needs Wall Street as a financial temple. But what do we have now? Our system of freedom was established 30 years ago. The simple liberal system of that time was unable to cope with the cunning and treacherous of today. We dismantled all the barriers to prevent it, but created the speculative myth behind the garbage packaging. Subprime bonds are not the most junky financial derivatives, but they are too large. So this subprime mortgage became the focal point of the crisis. Kevin, the crisis is not terrible, the United States has experienced several major economic crises after the war. But I assert that this time the crisis is fatal. Lawrence sat on the lawn and pulled up a handful of soft grass.

"Why do you think that? The fact that we anticipated this crisis shows that we will not make the same mistake again. This is dialectics. Lu Kaiwen finally had a chance to start a straightforward rebuttal.

"Huh. We can rebuild all the systems that are not right, but can we rebuild a temple in people's minds? Wall Street has experienced successive crises, but it is still an irreplaceable temple in the eyes of all investors. Because there are different causes of successive crises, there are deeper reasons such as institutions and cultures. But in each case, it was not Wall Street that caused the crisis, on the contrary, Wall Street played a central role in the previous crises. But this time. Wall Street has played an extremely inglorious role, it has created false extreme prosperity, it has created financial myth after financial myth, it has created scam after scam. In the end, the scam was finally exposed. The first to collapse are one financial institution after another. What kind of understanding does this result give to investors? Will there still be a proper term for Wall Street that investors admire? So, the temple collapsed, and there will never be another temple. There will never be that fascinating Wall Street again. This outcome is far more severe and far-reaching than any crisis has hit the United States. Lawrence was slowly expressing his emotions, and he showed a deep sense of exhaustion.

Kevin Lu was speechless, and the excitement and excitement of wandering Wall Street this week vanished.

Dull in the bright sunlight looks even more suffocating.

"Alright, let's talk about something light. I'm a student of Asian economics, and you've spent four years in China. Tell me, what is your impression of China, of S City? Lawrence broke the dullness first. There was excitement in his voice.

"How? Construction is everywhere, and there are busy figures everywhere. China is undergoing tremendous changes. Kevin Lu replied with some confusion, he had not yet recovered from the depression created by Lawrence. He estimated the horror of the crisis, but he never expected the outcome to be so pessimistic as the professor's analysis.

"yes. It has been more than 20 years since China's reform and opening up, and they have also joined the WTO. It's time for them to take off. I went to China last year, I went to S City, and I noticed one thing, you know what it is? Lawrence smiled and sold off.

"What can you care so much about? I was really interested. Kevin Lu was finally infected by the professor's relaxed tone and smile, and his interest gradually increased.

"Their television station is repeatedly broadcasting a special program called "The Rise of Great Powers." Do you understand what I mean? Lawrence continued at his pace, he was more of a professor lecturing at the moment.

"I seem to get it. What you mean is that China is ready to compete internationally. Kevin Lu honestly cooperated with the professor, and under the influence of the professor, he became more and more excited.

"It's too early to say it's competing. But it sends a clear message. China already has enough confidence. It is no longer possible to compete in the political arena, and this is not the Cold War era. They are definitely going to be in the economic sphere first. If saying something like this a year ago would have been a joke for Americans, what about this year? In the face of the imminent financial crisis and the economic crisis that followed, anything is possible. At least I, as someone who studies Asian economies, believe that is possible. Lawrence's eyes are on the West.

Lu Kaiwen knows that that is the direction of China.

"Professor, I'm starting to believe in this possibility. I came back from China and I believe they have the ability. Lu Kaiwen spit out his firmness in sympathy.

"Yes, we have always been arrogant, and we have been on guard against that ancient country of the East. Our strategy to contain them can be refined to more than 30 years, but can we really understand and understand them? It's too difficult, they have a civilization of thousands of years, we have less than three hundred years old. What's more, we're creating opportunities for them. There is no way, capital has no territory. We can use hot money and floating capital to speculate in the Chinese stock market and siphon out some of their blood, but we can't really touch their roots. On the contrary, each plunder of capital makes them more mature. In the not-too-distant future, it will no longer be possible to restrain China's economy by containment and plunder. This is the result of my research, and I firmly believe in that. Lawrence had a smug look on his face.

Kevin Lu did not cooperate with the professor's emotion, he did not have the confidence not to be laughed at by the professor.

"Kevin, our GS investment in China has been successful, there is no speculative element to our investment there, and there is a clear distinction between our investment there and our headquarters. This is not only a source of pride for me, but also for all shareholders of GS. Do you understand what I mean? There was a twinkle in Lawrence's eyes.

Kevin Lu's train of thought is becoming active, and he understands the professor's hint, which is encouragement, but also a hint of getting married.

"Professor, I've been shifting the center of my investment to China, can you help me when I need it?" Lu Kaiwen's voice trembled due to excitement.

"It's my pleasure. I am willing to help all those who are interested in the Asian economy to the best of my ability. I don't know why you're interested in investing in China, but I appreciate your vision. You should know that now that we have stepped into the era of the global economy, we should no longer have a regional complex. Lawrence's answer took on a diplomatic tone.

"Thank you for your help. I've been trying to make my choice clear to my entire group of shareholders, but you should know that I don't have the skills to navigate the clan-like business of those of us Orientals. Can you give me some advice? Lu Kevin became more and more honest.

"Hehe, it's not just you Orientals who have such a plot and the difficulties you encounter. Every nation is following the same path. The first successful businesses in the United States came from families or clans. The Rockefeller family is the most typical representative. In the initial stages of a business, cohesion is paramount. You mentioned the ability and skill to control, and there is no way but you can lead them with constant victories. The accumulation of victories will make you the spiritual leader of the enterprise. If you are inclined to invest in China, then you should be resolute in your decision. A business leader cannot hesitate. Any slight hesitation on your part will make your shareholders even more hesitant. People who waver don't become leaders of businesses. Invest according to your heart, and only if you pour your passion into it, you can have the premise of success and victory. Lawrence's interest is getting higher and higher, and Kevin Lu's candid attitude of seeking advice makes him very interested in talking.

"Thank you for your advice. I did hesitate all the time, and I never had real confidence in the face of my seniors. The results achieved in the past were also a fluke. You may not know it, but I had to take on this responsibility in a hurry because of my mother's sudden death. For personal reasons, I had to rush to China at the beginning of my tenure as chairman. The rush of all this forced me to choose the easiest way, which was to use the company's funds. Take advantage of the boom in the U.S. stock market to make money for the company. I sold a lot of my original assets and put my money into the stock market to make more money. But that's not what I wanted. I'm sure it won't last long. Difficulties arose now, and with the stock market declining, I had to choose again. I'm lucky that I've been able to keep track of the stock market, and I've had the help of many good friends like you. Kevin Lu completely opened his heart. He really had a tacit understanding with the professor in front of him.

"Kevin, don't beat yourself up. This is the path that many young Americans have taken. The stock market creates speculation, but it also creates conditions for those who really invest. This time the stock market crisis is likely to last for some time. In the future, there will be a lack of liquidity due to the difficulties encountered by the banking sector. But it's also an opportunity. Mergers and acquisitions and transfers of businesses will become frequent and easy. After surviving this period of time, he jumped onto another platform. Don't hesitate to hold on to the money you can and make some long-term investments. I believe that you are ready to invest in China on the right foot. After this financial crisis, the Chinese market will quickly become an important force in the international economic field. I bless you and you will be proud of your choice. Lawrence's voice had an emotional component in it.

"Thank you, Professor. I hope you can be my mentor and advisor, and I'm glad I met you. Kevin Lu confided his heart in time.

"Hehe, we're friends now. As for being your advisor, I'm still not very convenient. Since you're willing to listen to my advice, I'll give you my advice now, get back to Los Angeles right away, and start laying out right away. There's no need for you to wander around Wall Street anymore. The intoxicating aura of Wall Street will only erode your steadfastness. Lawrence, who rose from the lawn, had an irresistible certainty.

"Why? I'm still waiting for an event that will convince all shareholders to happen. Lu Kaiwen was puzzled by the attitude shown by the professor, and also had a hint of rejection of his pride and arbitrariness.

"The Mortgage Investment Corporation's application for protection to the Treasury Department has been dismissed, along with Bear Stearns Investment Bank. All they can do is file for bankruptcy protection in court. Are these two reasons enough? Kevin, these two institutions are not the first signs, New Century Finance went bankrupt a few months ago, and at that time investors were still waiting and desperately changing their garbage. But this time it wasn't like that. The volatility they cause is by no means limited to the financial sector. Do I need to go on? Lawrence was annoyed by the young man's doubts.

"Professor, no need to say any more, I'll rush back to Los Angeles right away." Lu Kaiwen, who had already stood up quickly in the professor's voice, bowed deeply to the professor.

The professor looked deeply at the young man who had bent over, relief on his face.

He could see that the young man's face no longer had the same confusion and anxiety as before. What I saw was a calm and faint calmness.