Su Su smiled and said, "To put it simply, it has to start with the time when the American cloth boss came to power in 2000."

Wang Qiang said in surprise: "It's just that you are launching the Gulf War and then fighting Afghanistan and Iraq?"

Su Su smiled and said, "Yes, Boss Bu's family, he went to the front desk to be the president, which is a rare phenomenon in American history. He is very domineering and fights whenever he says it. Then all kinds of financial derivatives are fun, how exciting is it? For example, take the mortgage to buy a house with a loan as an example-"

"According to common knowledge that all Chinese people know, if you have a house and a real estate certificate, you can use the house you already have to mortgage it to the bank and borrow a new house. Isn't that a problem?"

Wang Qiang nodded: "Well, one set is worth another, there is no problem. Could it be that the United States?"

Su Su smiled and said, "The United States is so smart. In fact, the United States also played like this at the beginning. It was very conservative, but very safe. It is not afraid of customers' breach of contract, and it is as stable as a dog."

Wang Qiangqiu was surprised: "What about?"

Su Su smiled and said, "Then there are one or two small bosses and companies on Wall Street. On Wall Street, where financial giants are numerous, they don't have much room for development, but this little boss is very crazy. Of course, those who play finance are ready to jump off the building at any time. This is not surprising. He is very talented and creative in launching a new way of playing boats that others have never seen before - one house is worth one, right? It's not good enough, he said that he can make a guarantee in the middle, and the customer continues to mortgage and continues to borrow money. If the customer defaults, I will compensate me!"

Wang Qiang patted his head and was a little confused: "Wait, what does it mean?"

Su Su smiled and said, "It means that only if you own a house, you can mortgage and borrow another house in normal circumstances. However, because of the crazy guarantee, you can continue to borrow and continue to borrow. That is to say, as long as you pay interest, you can borrow several or even dozens of houses in one house! This is a subprime loan. Then what you have to do is find an opportunity to transfer the house at a high price. If you sell the more than ten houses you have borrowed at a high price, it will be a profit and make a fortune. There is nothing more exciting than this. Brother Qiang understands?"

Wang Qiang was frightened: "I don't understand at all! What if the house is not sold? Isn't this just that the capital chain is broken and everything is over?"

Su Su sneered: "How could it not be sold? In 2000, the only superpower after the elimination of the Soviet Union, the terminator of the human system, the only beacon of human civilization, and the holy land of heaven in the minds of countless shepherds, will it not be sold?"

Wang Qiang sighed: "Okay, then what?"

Su Su laughed: "Actually, Brother Qiang's worries make sense. Those Wall Street masters also think so, just quietly watching how this crazy little guy died!"

Wang Qiang became interested: "But isn't dead?"

Su Su laughed: "Yes, the fact is that the stupid people in the world will come to the United States to take over, and there is no need to worry about not being able to sell the house at high prices. So this crazy person not only did not die, but also had a lot of fun!"

Wang Qiang was shocked: "Damn it, I'll be brave enough to starve the timid ones to death?"

Su Su smiled and said, "That's right! The Wall Street bosses are no longer calm and can't sit still - we also want to play! We have to play bigger and more exciting. President Bu is a super player behind the scenes, and he hit it off and the United States opened the door to a new world!"

Wang Qiang finally understood: "This is a must-eat, and the whole world is stupid!"
Chapter completed!