"It's like a domino bone bar. Once one of the domino falls, a series of chain reactions behind will cause the entire building to collapse."

"Once Li Jin continues to short the subprime loan market, subprime loan products will become worthless, and subprime loan companies that rely on bank interest will face pressure on principal and interest."

"And the collapse of loan product prices will directly affect the value assessment of housing credit by banks and subprime loan companies."

"Once its value drops, housing prices will collapse. Once housing prices collapse, people find that the market value of the house they buy is far less than the loans they need to repay to the bank, so a large wave of supply cuts will come."

"When large-scale defaults break out, banks and subprime loan companies will not be able to recover the principal and interest they have loaned, which will lead to the continued depreciation of subprime credit loan products."

"The more depreciated, the less people buy it, the less people buy it, the more depreciated it."

"This is a dead cycle."

Greenspan's tone became heavier. He walked to the door of the office and said, "I must go to Washington immediately. You can attend the video conference there on my behalf."

Janet asked quickly, "But if they ask for help, what should I say?"

"Let them find ways to save themselves. Before getting authorized by Washington, neither me nor Hamilton could help them. Capital matters can be solved with capital."

After leaving this sentence, Greenspan left the office directly.

Janet sighed helplessly, turned to look at the location where Greenspan had been standing by the window, but saw that there was already a downpour outside the window.

This heavy rain has begun.

At this time, Li Jin, who had just had a midnight snack and was about to take a break for a while during the half hour of the secondary market transaction settlement, welcomed unexpected guests.

From the command room to his office, Li Jin met two tall white men waiting in the reception area.

"Hello, Mr. Li, I am the Asia-Pacific President of Forbes Magazine, Weiling."

The man in charge stood up politely and sent a photo to Li Jin with a smile on his face.

Li Jin smiled and took the photo, glanced at Wei Ling, with a meaningful look.

During his previous life and when he was just reborn in this life, Li Jin often fantasized about when he would be able to last Forbes Rich List.

But now, this opportunity has really come, and the president of the Asia-Pacific region came to him personally, but Li Jin, whose vision and knowledge have been broadened countless times, only felt boring.

"That's right, Mr. Li, the global rich people rankings this year are about to be updated. After our investigation and calculations, you ranked first in China with a net worth of US$46.7 billion and ranked ninth in the global rich people rankings."

Weiling spoke directly.

Li Jin said with a funny look: "I haven't calculated how much of my assets myself, but you have calculated it so clearly?"

Weiling said helplessly: "Because Jinqing Company itself is not listed, we cannot estimate your accurate value."

"But what is certain is that once you let Jinqing company go public, your value will soar at least 10 times, which is very likely to make you directly become the first Chinese richest man in history."
Chapter completed!