Reborn Wealth America

Albert Smith is a farmer in Texas.

He is the standard American red neck. It can be said that the reason why Mr. President was so unreliable was able to achieve his current position.

Rely on these people.

Some people may not know the meaning of red neck.But in fact, Red Neck is slightly derogatory in the United States.

Because a red neck seems to mean inferiority, the so-called red neck simply means-American inferior white people.

When Americans (including whites) talk about white racial discrimination, they can't help but think of the "red neck" in the South."Red neck" is a historical term used specifically for poor white farmers with low education in the Guide Department.For example, it is called cracker in Georgia and Florida, and hillbilly in Appalachia.Investigating its etymology, there is a strong derogatory meaning.Sometimes people simply call them "whitetrash."Needless to say, these names not only reflect strong regional and class prejudices, but also reflect profound social realities.

Since the colonial era, white societies in the South and New England have been very different.In New England, especially Massachusetts, is a typical "Mayflower" Puritan area.

Although the textbook stories are overly romantic and idealistic, the white people who settled in New England, even if they are not simple pilgrims, are at least culturally educated, and most of them are immigrants who drag their homes.

There are very few huge wealth here, mainly in a society of self-farming farmers, everyone is relatively equal, and the spirit of thrift and struggle of the Puritans is generally the mainstream of society.On the contrary, in the southern Virginia area, except for a few large farmers, there are a large number of slaves, that is, white people who have sold their personal freedom for several years and let their masters travel to immigrate.

More simply.

The red neck is actually the peasants and the working class in the United States, but because the entire country is relatively wealthy, even this class is very influential in wealth and is not comparable to that of migrant workers in China.

This group of people is the most conservative and feudal, they stick to tradition.They were born at odds with the donkey party, although the donkey party was actually on their side.

Because the red necks are extremely xenophobic, and most of them have serious racial discrimination.

Particularly unreliable was abandoned by all of Los Angeles and Hollywood during the campaign.Even many elephant parties themselves opposed him.Before the results came out, he almost fell behind another presidential candidate in various media and various polls.

But in the end he succeeded.

Red necks like Albert Smith contributed a lot.It can be said that they pushed the current Mr. President to that position.

For example, Albert.

He voted for it at the beginning, and even contributed $10,000 to the campaign fund of the particularly unreliable president.

Although it is a red neck with some derogatory terms, it represents backwardness and unpretentiousness, as well as tradition.

But Albert Smith didn't think he was such a person at all. On the contrary, he believed that he was advancing with the times.

Like now.

With the help of his son, he prepared to replace his hundreds of thousands of dollars in the stock market with more stable financial products when the economy was very depressed.

If you follow his past ideas, or the ideas that the red necks used to stick to.It used to be transformed into land or all other tangible properties.

But Albert felt that now is the 21st century, and the Internet age has already come.If you don't change the past, you will be abandoned by the times.

He gave up the stubborn idea of ​​the past, and with the help of his son, he wanted to make an investment and financial management.

The father and son drove to Osius, the capital of Texas.

The city of Osius is very strange.

What a strange method?

Because Ossius is the capital of Texas, and Texas is a conservative and traditional franchise state throughout the United States.If it is more concrete, it can be understood that Texas is an elephant party state, and most of the entire state supports the elephant party concept.

But it is in this extreme situation.

But Osius, the capital of Texas, is an outright donkey city...

Elephant Dang State, Donkey Dang City...

So many red necks in Texas do not recognize the status of O'Hughes, they prefer Dallas, Houston and San Antonio.

Albert is a more enlightened red neck. Although he doesn't like Ohus, but his son said that he wants to do financial management, only here is more appropriate.

He can only listen to his son.

I came to a bank in Oshuis, Texas, the Oshuis branch of Citibank.

Sitting in front of a computer with a trading account ready, there is a pretty female trader with a smile on the opposite side, and her son next to her.

Albert said directly: "Pretty little girl. I want my money to make money with stable money, can you help me?"

His son patted his forehead.

Helplessly smiled at the female trader and said, "My father meant it. He wants to use the money in his bank account to manage money..."

"Of course! Very understanding!"

The female trader smiled very nicely, not good or bad, if the financial management is done, she will get a commission.

"What do you want to buy? We have many products here, from the wealth management plans of Goldman Sachs and MGDT, to the wealth management products of Draxler and Porter! And our handling fee is also the lowest in the entire Auhues Yes! Dear customers can get the most perfect service here!"

Albert's son just wanted to speak, but Albert said first: "Wait a minute! Actually I have already done some understanding! These so-called wealth management products are all dangerous! I only believe in one thing, national debt! What I want to buy is national debt! National debt!"

The son smiled bitterly.

He had persuaded his father a long time ago.

Although the U.S. Treasury bonds are indeed stable, the yields are not bad.But not to mention whether treasury bonds can be paid in the future. The yield of treasury bonds alone is really scumbag compared to other financial products.

The highest annualized rate of return is around 5%.

What can you do?

Look at other wealth management products. Exaggerated ones are hundreds of percent, high ones are 50%, 60%, and even lower ones are 30%...

of course……

These risks are extremely high.

Basically 10 people invest in it, and if one person can make money back, they can all be in the newspaper.

Albert's son did not believe these exaggerations either.But 5% is too small. At least Goldman Sachs and MGDT or Citibank themselves have those wealth management products with annualized returns of around 7%, although there are also risks.

But it is much better than the exaggerated pheasant products mentioned above.

And want to make money.

How can one not take risks?

But his thoughts can't affect his father. He wants to do financial management, but he only believes in national debt.

And the female trader on the opposite side.

After hearing that what the farmer wanted to buy was national debt, his expression became unhappy.

Because the transaction fee and profit of the national debt are the lowest, she doesn't have a few commissions for hundreds of thousands of dollars.

She tirelessly continued to persuade: "Sir! Buying treasury bonds is the most irrational! Although treasury bonds are stable, their returns are really low! Low-key, even if you use the money to buy lottery tickets, you can make this money back... I suggest You buy the special income for farmers introduced by our bank. It’s annual..."

"I only need the national debt!" Albert said categorically.

"But the latest announcement from the Ministry of Finance shows that our country's national debt has reached 22 trillion U.S. dollars! This money..."

"I only need national debt!"

"It's good to buy national debt...but..."

"I only need national debt!"

"..."

The female trader finally compromised. She had no choice but to say weakly, "So... well. How many national debts are you going to buy, sir? We have the lowest grade four and twenty-year bonds here. There is also sustainability. debt."

"What does perpetual debt mean?"

"That is, you will never get the principal. But every year the government will return to you the annual income, such as 100,000 principal per year and the annualized return is 5%. Then you can get 5% of the 100,000 principal per year, It is about 5,000 US dollars. Of course, the interest on perpetual bonds of 100,000 US dollars is not so high, but it is only 2~%3%. In other words, if you buy perpetual bonds, then you can receive 2,000 US dollars per year To 3000 dollars..."

"How long can you receive?"

"Bring our country into bankruptcy..."

"Then buy this! I have 180,000 dollars! Buy all of this perpetual bond!"

"Have you considered it clearly? If you are buying a perpetual bond, then you will not get the principal, and only interest will be available for you in the future?"

"Don't think about it! God bless America, I can get so much money every year! A must!"

"Alright alright."

The female trader said with a wry smile, but it was a pity in her heart.If she buys other financial products for 180,000 US dollars, she can earn at least a few hundred dollars in commission.But if you buy national debt, you don’t have a penny...

It's just that the customer is so stubborn.

It looks like a red neck.

She has no choice.

This group of red necks can't afford to offend. They have a bad temper and draw their guns whenever they don't agree.

She was about to handle it for Albert.

suddenly.

In the quiet bank lobby, a tall and obese old white man rushed in. As soon as he came in, he shouted to the bank account manager: "What Sun Fund product I want to buy! The one with 15% annualized income needs to be used. Oil as a guarantee..."

The account manager has not had time to contact.

A large number of guys who dressed similarly to this tall and fat old white man came in behind.

They suddenly turned the quiet bank hall into a vegetable market.

"The product of the Sun Fund! The one that uses oil as a guarantee, the one that can earn $1,500 a year for $10,000!"

"Give me that thing for 215,867 dollars!"

"Andrew! I have a deposit of 860,000 U.S. dollars in Citibank! Now you are required to change all of my deposits into this kind of fund! Or I will change to another bank!"

"I want to buy too! I have $110,000! I also want this oil as a guarantee!"

"I also want……"

"I……"

"..."

Albert, his son and the female trader sitting in the seats were stunned.

What happened?

Why are so many people rushing into the bank?

You should know that perhaps China's domestic banks are often full of queues, often crowded with people.But this situation is very rare in banks in the United States, because here are some wealthy people who can come to the bank, at least the middle class.

The guy without money.

It is enough to have a credit card, and an ATM to use some cash.After all, whatever you do in the bank, open an account and withdraw some money, you have to pay extra service fees.No one wants to make this money for the bank if it is not necessary.

The group in front of them does not seem to be well dressed, and there are even some sloppy guys, but they are actually some of the least middle-class guys.

Albert Smith recognized the identities of many of them.

He frowned and muttered to himself: "David, Henry, Hunter, White, Andre... how come these guys are coming?"

He recognized the guys whose names he could pronounce were all other farmers or ranchers near his farm.Even though these guys look like farmers, they are actually farmers.But almost all American farmers are at least middle class.

These guys are very rich.

Few have millions of net worth, and many even have tens of millions of net worth!

But almost all of them are the red necks of the standard American population, and they have never believed in wealth management products.

Why did you suddenly squeeze into the bank today, clamoring about what banking products to buy?

What Sun Fund?

What the hell is it?!!

"Jack!" Albert Smith looked at his son quickly, "What does this mean?"

The smarter Jack Smith first went over to ask, then returned to his father's side, played with the phone and checked the information.

Ten minutes later.

His eyes widened.

In an incredible tone, he whispered to his father: "They are stealing money! Dad, we have to pass it! The annualized income is 15%, which is still guaranteed! Oh, praise Cefrosa!"

Albert Smith was confused and frowned: "What Sefrosa? What is that?"

"Don't worry about so much! What kind of national debts are you going to buy? Didn't you see that even the most courageous and uncle came to buy it? He also said that he would buy 810,000 US dollars! That is his net worth for so many years! What are we thinking about after spending so much money?"

Albert nodded repeatedly.

"If you say that, it seems to be the case. Even the most furious White wants to buy financial products, it should not be fake."

"Let's buy it too!"