Reborn American Tyrant

For William White, what he has seen and heard these days has indeed subverted his perception.It turns out that rich people play like this!

However, don't you feel the danger is everywhere?

Classes exist objectively, but if they can go down but cannot go up, this class of stagnant water will sooner or later become rotten.

Don’t let the economy collapse. The US Federal Reserve’s proposal to rescue Brazil has just been introduced. Then, Peanut revisited the old story. In order to make the country greater, everyone should have a decent home.

Or it's a coincidence, or there is providence in it.Coincidentally, the big rabbit across the Pacific also took a fancy to this weapon.

"Gradually relax the credit? Is this possible?" William White shrugged and waved the cue lightly. A small white ball staggered and flew directly into the ditch.

"Shit, Warren, what did you just say?"

Seeing this boyfriend turned into anger, Buffett didn't care.In fact, he thinks this guy is pretending to be a gesture.White Bank is not keen on subprime mortgages. In fact, they prefer super-large financing.

Obviously, the old guy was wrong. It is one thing that White Bank is not keen on it. What does it mean to loosen credit ratings from the policy level is another matter.

The United States is a contractual society, so how to evaluate a person's credit rating becomes the most important thing.

FICO, the U.S. credit rating company, if individuals need to deal with banks, this score is a very important indicator.

The highest score is 850, which is at or close to this value. If you go to get a loan from the bank, there will be a very favorable condition.

A score of 620 is a watershed. If it is lower than this score, it will be difficult for you to obtain a loan. Even if there is, the interest rate will rise by 2%.Over the years, this scoring system is actually good, and for bankers, it really reduces their operational risks.

What did Buffett just say?

They intend to adjust appropriately.

Fuck, if you do this, the bank’s bad and bad debts will increase substantially. Are you really sure that this is a good idea?

"Ahem, William, affected by the Asian financial crisis, banks have reduced subprime mortgages. As you know, the number of new homes built has fallen for two consecutive quarters."

"Ha, you can't tell me this, I won't object, but I won't implement it.

I will ask the think tank to re-calculate. You said that a high-quality loan is a high-quality loan."

Buffett sighed secretly. He understood that William White's risk aversion level is increasing. Let alone sub-prime loans. If you plan to use this scoring standard, he will not even agree with high-quality loans.

Then, the role of the Fed's opening and releasing of water will be greatly reduced.It is clear that there are definitely not a few banks that think like this one.

William White glanced at Buffett, he was really furious.You bastards, do you know how big a pit is subprime loans? If there are changes in high-quality loans, buddies, don't mess around.

"Warren, don't they think that appropriate tax cuts are actually better.

In other words, the RBA can cut interest rates again."

"Tax reduction?" Buffett choked speechlessly. You don't even look at what Lao Ke did. For a long time to come, the country's finances will not be in surplus.

"Well, when I didn't say, what kind of medical insurance, I can only say that the current tax system is simply unsustainable."

Buffett smiled without talking, and started tossing his club.Even if William White fell into the ditch, he was at least five shots ahead.This is exactly where he is depressed, or where many people are depressed.

The long-term capital company just made a small mistake, and the result was to fall apart.If the Tiger Fund hadn't liquidated its position in time, it would basically be dead now.

Look at the arrogant bastard opposite, he does have arrogant capital.

What if you lose? As long as you don't lose all the time, who can do nothing but fail.

Other people’s entities turn to virtual ones, and minimize the allocation of heavy assets.As for him, it was obvious that he had planned to accept it as soon as he saw him.

You see, I have stopped betting, how could I still lose.But you old folks, the highest is still a little leisurely, if you get caught by this guy, don't worry, you must die worse than pigs.

William White still understands the routine of this group of bastards.The current market situation is not good, and it is useless for you to promote subprime loans, and no bank dares to launch it.

So, first relax the rating of quality loans.Let some people who are not eligible for loans become high-quality loans.When the economy picks up, then the next step can be planned.

As long as the bank lends the money, the next step is simple.Since the securitization of the United States is very thorough, such high-quality loans will eventually become bonds and re-circulate among banks.

The economy is good, this is a good idea.The money that banks actually hold in their hands far exceeds actual deposits.

just in case……

Then hug it together, bad luck for the bank and bad luck for the guarantee company.If it is a bit more serious, the insurance company will also be on the street.William White is slanderous, you bastards, this is Hong Guoguo's kidnapping of peanuts.

Spreading money indiscriminately is already a disaster.The U.S. Federal Reserve believes that this is not enough, and the printed money must be used up.If you all put it in the bank, why does it print so much money?

Personal credit rating, it doesn’t seem to be a big deal, right?Is it so exaggerated?

As I said before, the United States is a contract society, that is, a credit society.Do you know that the improvement of this score is actually the same as the score of a Fubao Zhima.

The higher the score, the higher the credit rating you get, lower loans, and more money.

If you don't buy a house, don't you use a credit card.You should look at it this way, this is stuffing money into everyone's wallet.

For ordinary people in the US, this Nima is a salary. The original three thousand credits, now five thousand credits, then, don't buy the car you like first.

In order to promote consumption, Greenspan also fights.William White is not even difficult to guess that this damn plan is also controversial within the Fed.

Replace a possible crisis with an inevitable crisis.The guy who can come up with this bad idea can be considered capable.

Buffett left. Although the talks weren't very successful, he still figured out his attitude.

If you don't support it, don't oppose it, or in other words, under the general trend, if you want to oppose it, you must have the corresponding strength.

"What? Can't figure it out?"

"Ahem, boss, if you do this, White Bank will lose a lot of customers.

We currently have not many credit card users. If there are no preferential measures, it is really difficult to explain to customers."

"I don't know, this incident makes me feel very bad. Philson, if severe inflation occurs, will the current conditions be narrowed again?

Alas, I will eventually follow the trend. As long as this group of things is determined, I can only be forced to accept it."

For William White's caution, Philson was somewhat disapproving.As long as you dare to relax, I dare to increase loan investment.This kind of thing is finally packaged and sold.

Hey, even if there is a systemic risk, it is the Fed and AIG.I don't know what the boss is hypocritical, it is a bit inexplicable.