American Fortune Life

Chapter 417: Winter Is Coming

"...Are you sure?"

Lima looked curiously at Andy, whose eyes were shining brightly. She obviously felt that her little man was a little excited, no, to be precise, a little excited.

This was the first time she saw Andy in this state of expression. It was completely different from the excitement lying on her body, and it was more of the light of wisdom and high spirits.

"Boss, a few days ago, after HSBC Bank announced that the North American home loan mortgage business suffered huge losses and reduced related assets by 100.8 billion US dollars, a Florida real estate loan company called New Oasis declared bankruptcy. Not long ago, the boss, the first A domino has fallen..."

Andy had blue veins on the back of his hand holding the phone, and his eyes glowed hot. He stood up from the recliner, ignored Lima's curious expression, and slowly paced back and forth by the pool with his head down. He said coldly, "Any other news?"

"There's news out that the Fed is going to hike rates for a 17th time in the next few days . . .

According to data released by the National Association of Realtors on March 25, sales of existing homes in the United States fell to their lowest point since 2003 from February to March this year, and the number of existing homes that were not sold on the market reached 4.2 million, the highest in 15 years. . .

According to a recent report released by Lehman Brothers, about 2.2 million people in the United States will lose their homes due to inability to repay their loans. . .

New Century Financial Corporation of the United States, which issued a profit warning in February, will face a debt maturity date of US$17.4 billion from Wall Street in April. There is reliable news that they will not be able to repay at all. There is a possibility of more than 95%. The debt contract maturity date It's time for them to file for bankruptcy protection. "

Andy's breath calmed down slightly, and his voice became clearer, "In one and a half years, the Federal Reserve has raised interest rates 16 times, and raising interest rates again is undoubtedly the last knife to burst the bubble. When house prices keep falling and interest rates increase, it will only make people More and more mortgage borrowers are overwhelmed!"

"Yes, boss, the subprime mortgage market has begun to collapse, and it has fallen by 40% in two months. Our cds and cdos have begun to make money, but the three major rating agencies have not lowered the low-grade loan bonds, that is, cds. Ratings, as long as Freddie Mac and Fannie Mae don’t raise the white flag, we still have a fighting game.”

"These damned vampires, S\u0026P people should all go to the gallows. At this point, this junk bond still maintains a 3A rating. They should all go to hell!" Andy cursed loudly with a grim expression on his face, Lima, who had already wrapped his perfect body in a bath towel, couldn't help frowning.

It was the first time she saw Andy's handsome face showing such a shocking ferocity, it was a completely selective expression. It also made Lima feel for the first time that Andy is not only the sunny look in front of him.

"Honey, what's the matter with you?" Lima went up and took Andy's arm a little worried, and asked in a very low voice, his face full of concern.

Andy covered the microphone, showing a charming smile as if changing his face, and whispered: "I'm fine, don't worry, honey, go get a bottle of red wine, we'll have a drink later, be good..."

After Andy finished speaking, he let go of his hand and continued to listen to the phone. When he turned around, his face became stern, "Since I refuse to admit defeat, then I will add a fire to them and burn them to death!"

Lima looked at Andy's tall and straight back with worried eyes. Although she didn't see Andy's expression after turning around, the cold words made her shudder.

"Boss, what are you going to do?"

"Hehe, sort out the materials and data collected by the think tank during this period, as well as the vacant houses that the people who took the photos went to hollow out, and the breach of contract data in major cities, and send them to the two newspapers "New York Observer" and "Newsweek". I want everyone to see clearly how the real estate bubble in the United States burst. The Federal Reserve does not want to burst it, fearing it will cause panic.

Then let the media do it.

It just happens to increase the sales of the newspaper under my name. I will let the people of the daily newspaper track down all the big people who can be involved in this matter. As long as they dare to lie to the public, I will nail them to the rack of shame and list them for me on April 1st. The daily "World Observer" fired the first shot! "

Andison's cold words made Alvetrie on the other end of the phone silent. To be honest, it is reasonable for the three major rating agencies not to lower their ratings. The boss is so angry and excited because he is shorting CDS, so he said, Everyone is just a piece of shit, all out of their own interests.

Andy hung up Al's phone and called Jon Meacham and Pete Kaplan respectively. Jon was not surprised by this, because this issue of "Newsweek" was supposed to be a special topic on the US real estate bubble Reporting, I heard that the boss would send some professional internal materials and data, which made him very happy, to do in-depth reports, which is the housekeeping skill of "Newsweek".

As for "The Observer", there was this topic, but it was suppressed by Andy before, and there is no problem with the report now, but Peter Kaplan is a bit depressed, and their real estate column editors clearly made a professional article early on. The analysis, but it has not been published in the newspaper until now. Many media have already done this special report. What we need to consider now is not the timeliness xIng, but the persuasion. Fortunately, the boss said that he will send some professional internal materials for their reference. .

After checking the time, she called Ivana again. After all, at this time, being the executive vice president of a real estate group will be under great pressure, and cp group is still her family business. The bursting of the real estate bubble will deal a blow to their group Not too small either.

The phone was picked up after a few rings, but it was not Ivana, but her secretary. Andy learned that Ivana was still in a meeting, and the meeting had been going on for more than three hours. It will continue to work for a while, so don’t even think about leaving work on time. I learned from her secretary that during this period, Ivana went to work at 8 o’clock and would not leave work until after 11 o’clock in the evening. She returned home with a lot of documents.

After hanging up the phone, Andy sighed softly. Although he was a little distressed and worried about Ivana, he knew Ivana very well. It looks really hard.

While frowning and thinking, Lima walked over quickly, wearing a pink tank top and a pair of pink shorts, holding a bottle of red wine and two wine glasses.

"Honey, what happened? Your expression just now was really scary." Lima put the red wine and glass on the table, walked to Andy, took his arm, and asked softly and concernedly.

"Hehe, it's really nothing. Regarding investment, the U.S. real estate bubble has burst. In the future, both U.S. real estate and the U.S. economy will be hit hard, and it will even sweep the world."

"Ah! No way, isn't the housing price in the United States always high? Why is this so? Will the house I bought depreciate?" Lima asked in shock.

Andy opened his mouth with a wry smile, finally pinched her tall Qiong nose with a helpless smile, and said with a smile: "How much is your house?"

"Hmph! That's what I bought after years of hard work. It's more than 600,000!"

Andy looked at Lima and retorted with a very unhappy expression. There was still a trace of worry on his face, and he said with relief: "The houses in Manhattan and Long Island may be affected at the beginning, but in the long run, the value will still rise. , won’t depreciate, don’t worry.”

"That's good, that's good... Wait, you said long-term, is it possible that this real estate decline will last for a long time?" Lima asked curiously, as if he had grasped the key point.

"Winter is approaching, the US real estate, the US economy and even the global economy will not be spared! However, it doesn't matter to you, as long as you are beautiful and happy every day..."

While pouring the wine, Andy squinted his eyes and said in a deep voice, and handed her a glass of red wine. Seeing Lima with worried eyes, he reached out and touched her pretty face and said dotingly.

Please remember the first domain name of this book: . The mobile version of Three Masters is read at:

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like