The Ring That Defies The Heavens Chapter 2931: It ’s time to start
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"Adult, although I am willing to do this, will Barak spit out the fat that comes out of his mouth?" Mondolik asked with some concern.
"Relax, you go talk to him and he will agree!" Jiang Fei laughed.
"Thank you, sir!" After Mondolik came out of Jiang Fei, he went directly to Barak.
After seeing Barak, Mondolik said the matter. Barak just hesitated for a moment, and he nodded in agreement.
Although it seems to spit out a lot of benefits, Barak is not losing money, because the 30 billion bills are not cash. This thing is a ten-year policy, which means that the premiums he starts each year are only Three billion, but it is possible to bear the risk of 4.5 billion at any time.
Now that Barak sells 20 billion policies, while throwing away the risk of 3 billion in compensation, he can immediately cash out 5 billion. This 5 billion is real cash, and he got the money. It can also be used for other investments. It is calculated from the outside. Although it may lose some benefits, it does indeed reduce the risk in exchange, and it can also obtain massive liquidity.
More importantly, Mondric explained from the beginning that this was Lord Ralph ’s idea, and this was also one of the important factors that influenced Barak ’s decision!
Know that Jiang Fei is the policy planner of the entire gamma space. The reason why Barak can get such a large warranty is because Jiang Fei made a match, so he did n’t dare to give Jiang Fei ’s face. In addition, Jiang Fei has set aside enough profit for him, so Barak has no reason to refuse.
So on the same day, Mondolico signed an agreement with Barak, purchased the 20 billion policies under his own name, and paid Barak a large sum of money for this.
This kind of big financial action is almost impossible to keep secret, so the news soon spread. In the next few days, the entire consortium of large and small Gamma space took action, and they found one after another Barak and Mondolik hope to get some insurance policies from these two people. After all, the business of this insurance policy is too profitable.
Before these consortia did not move, mainly because they did n’t know Jiang Fei ’s attitude. They thought that Jiang Fei was deliberately supporting Barak, so no one dared to have a split mind. In addition, the funds of these consortia did not have Barak or A giant such as Mondolik is so strong that it cannot take such a big order.
But as soon as the precedent is set, everyone sees hope. They know that Jiang Fei allows the second transaction of this policy, and this policy can also be split. In this way, other consortia have taken action. .
Under the lobbying of these consortiums, Mondolik soon began to sell the insurance policies in his hands. His idea is similar to that of Barak. Since some people are willing to take risks, they can immediately withdraw cash, which is overnight. What is the difference between making a lot of money?
Therefore, the two men sold the policies in their hands and took a large amount of cash.
After the policies sold by Barak and Mondolik were sold out, smaller consortia and companies were eyeing the big consortia that obtained policies from Barak and Mondolik, and those big consortia, in order to pass on the risk and Withdrawing cash, I quickly split the policy in my hands and sold it.
After just one week, these policies changed hands no less than four or five times. Although the profit of the policy will be reduced partly after each change, but because it is profitable after all, there are still many people willing to take over.
And when calculating the risk, it was estimated according to the higher number Experience of 5%. The actual overdue risk is not so high, so even if these policies are already on paper with zero profit status Yes, but there are still people willing to take over.
The reason is very simple. The current economic situation is too good. The price of Yuelingjing Artwork berserk has increased. Everyone is rushing to buy these artworks and its futures orders. Almost all of them are from banks. Loans are made, only some people are mortgage loans, some people are credit loans.
However, no matter how the loan is made, under the situation that the price of Yuelingjing Art and the futures order price berserk is rising, all lenders are not worried that they will not get a loan because the Yuelingjing in their hands As for artwork or futures orders, as long as you take off, you can make a lot of money. In contrast, the interest of the bank is nothing.
In this case, the default rate of bank loans is almost zero, because everyone is making money, and there is no problem with their loan repayment. In this way, those Merchants with insurance policies are equivalent to taking premiums in vain. There is no need to take risks at all, so as long as they can get the insurance policy, they are willing to try.
Time flies so fast that another week has passed. Jiang Fei feels the most obvious thing at this time is that the number of workers on his construction site is declining rapidly, because everyone thinks that loan speculation on Lingling Futures is more difficult than hard work. Money is much faster and easier.
Since there are easy and quick ways to make money, who wants to work on the construction site!
Since Jiang Fei gave the bankers an idea to let them open credit, a total of a little more than two weeks, the turnover rate of workers on Jiang Fei's construction site was as high as 70%!
Looking at the data, Jiang Fei's face smiled.
"Finally it's about it!" Jiang Fei's satisfied nodded, and no matter how close he was to work, he left the city hall and returned to his home.
"Hey? Did you come back so early today?" Lina hadn't made dinner yet.
"Go, let's eat out tonight." Jiang Fei smiled.
"How come you suddenly remembered eating out?" Lina asked.
"If you don't go out for a meal, there will be no chance in the future." Jiang Fei laughed.
"What do you mean?" Lina asked.
"Do you want to take revenge?" Jiang Fei asked.
"Ah?" Lina froze.
"What do I think, you should be able to guess, I will start." Jiang Fei said.
"Now?" Lina is very puzzled. According to the content taught by Jiang Fei during this period, shouldn't the rebellion have the highest success rate during social turmoil? Now the entire gamma space is booming, and the whole society is full of passion. At this time, the rebellion, will the people support?
"Let's go! Let's eat!" Jiang Fei smiled.
"Oh! Dang ! changes clothes." Lina's dazed nodded, she felt that she couldn't understand the man in front of her.
About 20 minutes later, Lina walked downstairs, and she could see that she not only picked a very beautiful dress, but also carefully applied makeup.