Rebirth of the American Tyrant - Chapter 1639
“It’s weird, William, are you sure that food with such a light taste is Chinese?”
“Of course, what do you think?
To tell you the truth, don’t look at just very simple food, from raw materials to various seasonings, all from the place of origin.
Ugh! It doesn’t really matter what I eat, the cost mainly comes from shipping. “William White raises a glass and invites a drink. Whether it is true or not, it is always a pleasure for guests to enjoy these foods.
“Origin? Fortunately, you didn’t invite me to eat steak. For us old guys, this is really dangerous.”
“You said mad cow disease?” William White smiled bitterly, and many people still reported that he had this disease. Nima, buddy, this is so much hatred. “Warren, my beef is okay? Tasmania, California, Montana, Japan, my supply chain is very complete.” Mad cow disease originated in rot and is a by-product of the industrialization of cattle breeding. In the pursuit of profit, people at that time allowed cattle to grow faster, so they used animal protein as cattle feed for the cattle to eat. The cow itself is a herbivore. After being forcibly fed with animal protein, it caused the emergence of mad cow disease.
Once humans eat beef that contains the virus, the virus can also be transmitted to humans, causing a spongy cavity in the patient’s brain, and symptoms such as brain function deterioration, memory loss, and mental confusion, which can eventually lead to death.
“My family does not allow comprehensive feed, nor does it allow the use of organophosphorus pesticides.
Let’s put it this way, our standards have long been exceeded, not just those mentioned above. Genetically modified foods will definitely not enter our food chain. ”
Buffett rolled his eyes. Naturally, there is no problem with your food, but what about the others?
Hey, that’s not right, you can go to 7-11 to buy it. This thing is really amazing. Why did it suddenly come back to life? To speak of it, Southern Company and Wal-Mart were a little careless, otherwise, it would have been killed in Rabbit Country.
“Damn corrupt people, what did they do to those cows?”
The old guy’s spit, no matter how you hear it, it is a little schadenfreude. But the problem now is that the United States is not doing well here, but Ah San is carrying a big pot.
“Now it’s quite Rashomon’s meaning, and a scholar put forward a new point of view two days ago.
These scholars believe that the cause of the outbreak of mad cow disease is a problem with animal feed from the subcontinent, and they point out that these carcasses contain remnants of human corpses. Because A Sanhui held a river burial in the Ganges, the third brother’s feed supplier may have collected the corpses of the people in the river and sold them to John Bull. ”
“Puff, cough, cough, cough.” Buffett opened his mouth in horror, my God, how could this happen.
“Asan is mad. I’m actually very curious now. Isn’t this guy worried about triggering a war? How big is the courage to feed Shiva’s mount?” William White smiled very wretchedly, obviously just having bad intentions. what.
As soon as he looked at the face of this guy, Buffett guessed at odds. Even if this product is not necessarily certain, it is generally known. Throw it out at the appropriate time to properly attract hatred.
Buffett really can’t guess who this partner is going to yin. In other words, he is not worried, anyway, the general direction is good.
Today’s deposit and loan interest rates are already low to a very exaggerated level. If the interest rate is too low, the bank will lose the incentive to acquire reserves. The yields of traditional fixed-income products such as bonds are also very low. This Nima is not good, you have printed so many banknotes again, this is not going to keep alive!
At the same time, various economic investment experts in news reports began to express their opinions, telling everyone that housing prices will not fall at all. If you don’t buy today, it will definitely be more expensive tomorrow. Well, it can’t be said that it’s all flickers. At the very least, you might be grateful for these big flickers in the future.
Well, since the mainstream media has announced that housing prices will not fall, the government has also expressed that it is happy to see it happen. Well, so, the US version of the charcoal salesman can appear. It is not necessary to attach a bull’s head to recharge the charcoal. It is still possible to issue a real estate certificate. This kind of happy thing must be done more in the future.
Stimulating domestic demand to stimulate economic growth, banks try to reduce or waive down payment requirements, such as adjusting interest rates, installment repayments, and so on. Many fledgling speculators have also poured into the real estate industry. These are also the reason for Buffett’s sad face. With so many lamb bones, I just couldn’t eat it in one bite. Seeing this group of second-hands making money without life, the old guy couldn’t be angry or not.
The real estate market has a promising future. Real estate agents trumpeted on TV shows, trying hard to convince people of investment. Whether it is a fund manager on Wall Street or a businessman looking for a tax haven. Or the noble ladies of the upper class, ordinary white-collar workers have poured into the real estate industry one after another, and everyone wants to reach the pinnacle of life by making a house.
Even so, the government still feels that the stimulus is not strong enough. Many laws have been promulgated one after another, and there are even laws that stipulate that banks will be fined if their loans do not reach the amount prescribed by the government.
In order to complete the amount of the loan accounted above, the bank began to provide loans to those buyers who have problems, which is the legendary subprime loan.
Bank lending, the loan standard does not confirm the borrower’s income proof. In addition, various ridiculous games such as loans without property certification, loans without proportional restrictions, loans without documents and papers, etc. have been invented.
Nima, it’s what I plan to do anyway, in case it succeeds.
Encouraged by the various policies of the bank, housing prices began to rise, or no one would have thought that they were taking a path of no return.
Wall Street banks are very smart. In order to make more money in the middle, they invented many highly toxic financial tools, which are simply gear levers. Anyway, the more banks borrow, the higher their leverage.
This thing can sometimes make people go to heaven, but it is easier for people to go to hell. Ever since, the first big bubble in the history of American real estate officially began.
The reason Buffett came to chat with him, of course, noticed William White’s actions. You have invested too much capital in real estate, to a very absurd number.
Well, let’s not say what the old driver took me, at least, you can’t go wrong with the brothers. It’s just a pity that William White is so cunning that he seems to be so ignorant.
Cut, you guess it slowly, it’s useless to guess it anyway, the rich and powerful have bought it a long time ago, and some of it is not a question of money at all.
“Husband, that old guy is so annoying, why are you not angry?”
“Silly girl, this kind of old fox is not something I can fool at all. What is the only way? Is to keep changing the topic.
Hey, this is called talking with the duck! “