Is there something wrong with your understanding?

"So what is our goal?" Meng Yehe asked his own question.

When Li Jin heard about Meng Yehe's question, he was happy. He said to Huo Huanyu: "Look, everyone understands it."

"Leiman."

Without waiting for the dark-faced Huo Huanyu to speak, Li Jin gave Meng Yehe an answer.

Meng Yehe's expression was suddenly shocked.

"Leiman is one of the four major investment banks, with a market value of hundreds of billions of dollars..."

“At least half of its hundreds of billions of dollars are in the secondary market.”

Li Jin interrupted Meng Yehe and said.

In his previous life, during the subprime mortgage crisis, the first company that collapsed and the largest scale of bankruptcy was Leiman Investment Bank.

At that time, the subprime mortgage crisis was at its worst, and the central bank and the financial department had to come out to save the market.

Their method to save the market is simple and crude, that is, to give money.

Inject capital into all banks and credit companies on the verge of bankruptcy so that they can temporarily overcome this difficulty.

But the problem is that Lehman Investment Bank is too large. Whether it is the central bank or the financial department, their money is not fabricated out of thin air.

Of course, the US dollar's money printing rights are in the hands of the Fed's central bank, but the essence of this subprime mortgage crisis is that the Fed's central bank has issued too many dollars for many years, resulting in too many dollars in the market.

So how could the Fed Central Bank or the entire US official issue another 100 billion US dollars for a Lehman investment bank?

So, Lehman Investment Bank went bankrupt in a blink of an eye.

In the global uproar, everyone also saw the essence of the US financial weakness.

So much so that later, the United States' economic policies became increasingly unrestrained, and it became completely shameless with its global monetary hegemony as settlement of US dollars.

This is also a major reason why the Chinese currency and the euro gradually became more accepted by world trade later.

Because everyone has seen through the faces of these Americans, paying for them is a helpless choice, but if there is a spare tire, they will not hesitate to bring the spare tires and use Chinese currency and euro to fight the US dollar.

At least these things have nothing to do with Li Jin at the moment. He only needs to know that Lei Man will go bankrupt.

"If Lei Man becomes a victim of the subprime mortgage crisis, then when it goes bankrupt, it will be a falling elephant."

"Even if the starving elephant is, the remaining flesh on the bones is enough for greedy people like Li Kai and his son to salivate."

"What's more, they are optimistic about the real estate industry. As long as they take over Leiman, the subprime credit loan product worth hundreds of billions of dollars in Leiman's hands will be a treasure pot that will sooner or later rise."

"You must know that it is the United States, the most powerful country in the world. A financial crisis will cause their economy to suffer significant losses, but it is impossible to cause the entire economic empire to fall apart. The industry is still there, but it is just that it is worthless now."

"As long as the United States is still in the world's number one position, its assets in the United States are good assets."

Li Jin's words at this time were not groundless, but in fact it was Li Bancheng's later investment ideas.

However, in his previous life, the subprime mortgage crisis broke out in 2008, and that time was the peak period for Li Bancheng to invest in China.

Taking into account domestic sentiment and the political situation in the United States at that time, Li Bancheng finally suppressed Bao to the Eagle Kingdom.

This is why Li Bancheng made a lot of money in China around 2018, and then sold assets on a large scale to withdraw investment, investing all the money earned from domestic people in the Yingguo people.

For businessmen, Li Bancheng's approach is correct when it comes to business.

But businessmen also have nationality. This practice of breaking bridges across the river and leaving after making a profit is really a shame to the hearts of too many Chinese people.

"Also, what if there is news that the Huo family is interested in Leiman?"
Chapter completed!