Hello, Mr. Major General

Gu Nianzhi wanted to see what it was like inside the venue, but the pictures of the nearby road hadn't come back yet, so they had to continue watching the demonstrations outside.

Gu Nianzhi asked Lu Yuan with some worry: "President Lu, do these people know that there will be a meeting here today?"

"The roads were closed in advance, and there was no special blocking of the news. Someone must have known it." Lu Yuan leaned on the sofa freely, holding a cup of tea, blowing the heat, smiled and glanced at Gu Nian." ...Worried?"

"Look at the scale of the parade." Gu Nianzhi couldn't tell what his mood was.

As a young man with a sense of justice, she can understand those young people who are marching and demonstrating.

The term capitalist is not a good word, no matter in history or reality.

It is not to deliberately discredit the capitalists, but the capitalists have indeed done nothing good.

Their pursuit of profit determines their shortcomings, which can also be considered a congenital defect.

But the world is in their hands, and a few countries were once freed from the control of capitalists, and they were smashed to death by these capitalists who control global financial power.

And now, Gu Nianzhi just learned that her father was actually the man at the top of the capitalist food chain, who was truly at the top of the pyramid.

"... Mr. Lu, my dad... Where did so much money come from?" Gu Nianzhi asked worriedly, very worried that the money near Lu was coming from wrong.

Lu Yuan heard her concerns, smiled and comforted her: "Your father is so smart, if he wants to make money, it's very easy."

"I would like to hear it." Gu Nianzhi hurriedly sat up straight and listened to Lu Yuan's "Family History" of "Von Rollsde", or the first pot of gold, with his ears erected.

"Ten years ago, there was a global financial crisis in this world."

"The financial crisis started with the subprime mortgage crisis in the United States."

Gu Nianzhi listened attentively, and hurriedly said: "We also have such a financial crisis over there."

She saw it in the book.

Lu Yuan nodded, "It seems that things have happened, but I think the reasons must be different."

Gu Nianzhi: "..."

Lu Yuan took out his mobile phone and searched out the news about the financial crisis that year, and showed it to Gu Nianzhi: "Look, Lehman Brothers, the largest investment bank that fell at the time, do you know?"

Gu Nianzhi took a look and said, "Yes, because the US government refused to rescue Lehman Brothers, this investment bank eventually closed down."

Lu Yuan said with emotion: "At the beginning of that year, someone suddenly warned of the seriousness of the subprime mortgage crisis in the financial market, which quickly caused panic in the market, which led to financial derivatives and a full default in the bond market."

"Simply put, it's the same as a bank run. The debts released have not been recovered yet, but the deposit users suddenly rushed to withdraw all of them. The bank must not have so much cash to come out. This is a default and the bank will go bankrupt."

"At that time, many large, medium and small banks and investment banks in the United States were on the verge of bankruptcy overnight, and the stock market entered the market with shorts. Your father only spent 10,000 US dollars on the capital. Through continuous shorts and shorts, he almost hollowed out Lehman. Brother’s market value."

Gu Nianzhi couldn't even blink her eyes.

The financial crisis occurred before she was twelve years old, and she did not remember anything here.

All she remembered was the financial crisis on the other side of the world, which was also seen in books and the media.

"After the collapse of Lehman Brothers, your father entered the highly leveraged financial derivatives market."

"At that time, it was an era of short financial carnivals. It was all about starving to death the timid and supporting the courage to death."

"Your father used his own genius mind to obtain sky-high wealth from the stock market in a short period of time."

Gu Nianzhi rolled her eyes and couldn't help but said, "Does the person who suddenly jumped out to warn of the subprime mortgage crisis have anything to do with my father?"

Lu Yuan smiled meaningfully, "What do you think?"

"...But how did my father know that the subprime mortgage crisis would break out? He is not a professional financial officer?" Gu Nianzhi asked doubtfully.

"Your father is not a financial professional, but he is a great physics man. Wall Street is willing to hire high-achieving physics students to make financial models for them. This is no news."

"Of course, Wall Street can't afford to hire your father, but your father used to help people make a credit analysis model. Later, this model was used by the three major credit rating agencies in the United States to predict future default rates in the financial market."

Gu Nianzhi: "..."

Lu Yuan talked about what happened back then, admiring Lu Jin's ability.

"... Then the subprime mortgage crisis broke out. I knew it was related to the approach warning, so I asked him what happened."

"Your father said that the credit rating model is logically flawed. When he helped people build the model, the other party did not say that it would be used as a credit rating system, and he did not expect to be fully adopted by the three major credit rating agencies. "

Gu Nianzhi immediately understood, and said in surprise: "...so my father has long known that the rating system of the US credit market is based on wrong predictions!"

"Yes, since the credit rating of the entire financial market is fundamentally flawed, the credit ratings of various bonds, financial derivatives, and stocks evaluated by this system have loopholes. This loophole determines the entire credit rating and financial market. It will collapse in a certain period of time."

"Your father calculated the time for the entire market to collapse, and after being fully shorted, he gave an early warning."

Gu Nianzhiyao thinks that his father did not leave the house, he was strategizing in front of the computer, relying entirely on mathematics and physics knowledge to obtain huge profits, really drunk.

With such a heaven-defying father, it’s no wonder Huo Shao’s sense of crisis has increased...

Gu Nianzhi made a face quietly in her heart, with a playful smile on her lips.

Lu Yuan continued: "...The entire Western financial credit system can be said to be destroyed by him alone."

Gu Nianzhi: "..."

She coughed lightly, indicating that we don't need to recite this pot: "... Mr. Lu, what you said makes no sense.

"First of all, my father did not subjectively intend to destroy the Western financial system. You just said that he made a credit rating model for people. It is friendly, that is, it is completely free."

Lu Yuan laughed and nodded, "Yes, this is a lesson. Free things are the most expensive."

Gu Nianzhi curled her lips, "Yes, so the other party actually took advantage of my dad."

"Secondly, even after he was infringed, he still ignored the previous suspicion, and put forward an early warning at the appropriate time, which is tantamount to saving the western financial system and preventing them from being devastated. Isn't that enough?-This is already great Got it!"

Gu Nianzhi tapped his finger on the coffee table in front of him, "My dad has done his best to his benevolence. As for a small fortune later, he is only receiving the reward he deserves. Doesn't it cost me to use other credit models? ?"

"This may be the biggest loss ever caused by piracy..."

Lu Yuan was amused by Gu Nianzhi's sophistry, and pointed her finger at her again and again and said, "Your mouth is really clever! It's a fight against the barrister Qin Suwen!"

This is today's second update: Chapter 1798 "The Free is the Most Expensive".

Remind everyone of the monthly and recommended tickets!

Meme da, big brothers and little angels~~~

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