Building madman

In Ge Xiaotian's eyes, Dubai is not a city, but a model.

It's like a group of local tyrants who have oil fields at home and have good money in their pockets. Looking at the recent unstable oil prices, there are still a few big oil guys who have been robbed, worried about the shrinking of assets, and worried that they will be robbed, so they got together to discuss. .

Some people say that they buy gold and deposit them in overseas banks. Some people say that we should buy a house in England. Some people say that we are so rich, so why not do it ourselves?

No one is reconciled to subdue to others, especially those who don't lack money in their pockets. The third suggestion was approved by most chiefs.

But what should be done?

Others said that it is better for us to unite to build a world-class enterprise and develop in an all-round way. Even if a single industry loses money, other industries can make money.

Thus, the League of Emirates was established, and a total of seven emirates joined.

But here comes the problem again. Many chiefs have branches around the Arabian Peninsula. There is the Persian Gulf inside, the Gulf of Oman outside, and the two chiefs are close to the Arabian Sea. If we are so scattered and separated, we must not form a world-class group. Power to do great things.

In other words, there must be an environment for investment.

The Dubai chief turned his eyes: I don’t have much oil in my family. Even if the oil market is ups and downs in the future, it will not affect me much, and it will not be targeted by overseas powers. It happens that I am in the middle. Why don’t everyone come to me?

The other chiefs are definitely unwilling to spend their money on others for development, but arguing and arguing has no result. In the end, I feel that the Dubai chief makes sense.

As a result, the seven chiefs, including the following families, paid for the money, cashed out, and sold oil. They first formed the'Dubai World' and the'Dubai Bank', and then gave Dubai a round of infrastructure, which is 90 A community built in the year.

At that time, Dubai was no different from the border desert town. The chiefs were engaged in construction and did not think about real estate, but to build a platform that could host world-class companies.

However, the behavior of the chiefs who built and bought by themselves, and spreading money around, immediately attracted other entrepreneurs with more active brains.

For example, a third brother who studies pharmacy, a petroleum countryman who plays finance, a local man who likes to play securities...

When these people came, they immediately brought a lot of popularity to Dubai, and then the chiefs were surprised to find that the house price had risen!

The conscience of heaven and earth, the chiefs really did not intend to make real estate money.

But money doesn’t make a bastard...

The seven chiefs and the wealthy of the families below came together to add up... Feeling that their brains were not enough, so they hired a few smart English people as think tanks.

The English think tank looked at the silly money of these chiefs, and then looked at his shriveled wallet. With a glance, he devised a set of models that are currently popular.

That is:

Loan enclosure-financing to build houses-financial speculation-driving financial leverage, magnifying investment results-selling real estate profits.

After the second round of construction in 1995, the chiefs made a lot of money and attracted more people to Dubai. The city of 50,000 to 60,000 once exceeded the million mark in just two or three years.

With more people, real estate has become more popular.

England think tanks have another plan: if you make a profit, you have to repay the loan, but are we short of money?It's definitely not bad.

Therefore, we do not repay the loan, nor do we fail to repay it, but apply for an extension.

What does that mean?

If we borrow 10 billion to invest in real estate, we can earn 20 billion in five years, and how much interest will we earn in five years?1000000000?2000000000?Even with 5 billion in interest, we can earn 15 billion more.

When the chiefs heard it, you were still smart!

As a result, many international banks were introduced, loans, loans, and construction...

Does the bank not lend?

The chiefs have their property there, and the money is also in the bank. They are worth more than the total amount of loans and have the ability to repay. Why not loan?

In the millennium, England think tanks counted the money they earned from real estate speculation through operations, and felt a little bit small, and immediately decided to play a big game and withdraw quickly.

So an idea was given to the chiefs.

'Look, everyone, although we are developing rapidly here, it is still far from the cosmopolitan city. In particular, every famous city has iconic buildings, which means'spectacle'. Look at Ge Lao Er’s real estate, Once the landmark is placed at the door, people will rush to buy it without publicity.

The chiefs have a lot of trust in England think tanks: What do you think?

England think tank: build a wonder!

Therefore, the Dubai Tower, the tallest building on the home planet, the Palm Islands, the largest artificial island, the Dubai coast, the longest beach on the home planet, the first seven-star hotel on the home planet, and the most luxurious indoor ski resort on the home planet... …

In just two years, Dubai smashed into 700 billion Franklin.

Due to the proper operation of the think tank in England, the appreciation of real estate and the rich people who buy houses, Dubai World Group, including Dubai, does not have a high debt ratio.

But in fact……

Prices and housing prices are all hypothetical prices that have been speculated through debt. Once they encounter divestment or the impact of the home planet’s economic crisis, these things will face “half cut” and increase debt.

What does that mean?

The house was originally worth 1 million, and a certain chief mortgaged it and borrowed 1 million from the bank with certain operations.

The financial crisis struck, housing prices were cut in half, and this house was only worth 500,000 yuan.

But the chief has a mortgage of 1 million, and the value of the collateral is less than 1 million. The bank will urge him to make up the collateral, or repay 500,000 first.

As a result, the chief's assets have shrunk by 500,000 and his liabilities have increased to 1.5 million.

It seems that the value is not high, but after replacing it with Dubai World, debts soared and surpassed deposits. In the end, it was unable to continue to lend, unable to build and build, and the Dubai model was ended, resulting in a debt crisis.

In addition, the chiefs have forgotten the interest and interest generated by long-term non-payment of loans.

As for where did all the money go?

The English think tank, and the helper called by the English think tank, is the City of London.

Of course, Dubai is still far from the debt crisis and has just begun to build wonders.

And speaking of wonders...

Boss Ge is good!

……………………………

Technology is advancing with demand. After this period of adjustment, Longtian Technology has launched a VR+AR combination device based on the first generation of AR devices.

The device is divided into two parts.

One is the VR scene room, which can realize 360-degree ball-type full scene playback, just like a panoramic map.

In other words, in this room, users can enjoy the recorded scenes through motion sensing operations without wearing glasses.

As for the second device, firstly, it can realize 360-degree real-time recording, allowing users to see the recording scene in the VR room, and secondly, it can use AR technology to deliver customer images to the recording scene.

In this way, it feels a bit immersive.

Lao Wang Longtian gave it a name, called: Boss Eye.

The only trouble is that even if the Shenlong system uses a data transmission method that is smaller than the conventional system data packet, the "Boss Eye" still has high requirements on the network.

In addition, there is no Zigbee network in Dubai. In order to stabilize data transmission, Tiancheng has no choice but to call a GLONASS signal enhancement satellite alone.

November 27th.

Dubai Boulevard.

A non-regional Tiancheng staff member wearing milky white work clothes, surrounded by twenty camouflage guards, pushed a wheelchair with dozens of N-in-one cameras on top and wrapped in a transparent cover onto the street.

'Boss Ge' sat in it and waved in greeting with countless dumb people in Dubai.

"Hello everyone!"

"..."

The prince who had returned to Dubai, and the second prince Hammandan received the news and hurried out of the Dubai Bank office building.

When I saw Ge, who was hazy and distorted overall...

"???"

Although Dubai was very famous in 2002, it was a sensation caused by hundreds of billions of investment. In terms of urban construction, there is no Dubai Mall, no musical fountain, no Dubai Marina, no Palm Island series...

Many buildings that will be famous for their home planets in the future are all under construction.

In addition, the current LED display is expensive, Dubai does not have a Zigbee network and cannot use SG projection, resulting in unpretentious streets and lanes, and the overall impression is far from the Canal Development Zone.

Well, Tiancheng's hometown is not just for fun.

This is also the main reason why the three young people faced the Golden Sands International Tourism City and were shocked by the high-rise buildings.

Seeing the Prince of Dubai and Hamandan, Ge Xiaotian coughed, "The sand is really big."

"..."