The Ring That Defies The Heavens Chapter 2936: Outbreak
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"Did anyone start selling?" Sitting in his office, Jiang Fei's mouth sneered.
"The time is just right!" Jiang Fei has a stack of reports in his hands, the most prominent of which is the loan status of the various banks.
The entire gamma space is immersed in a false economic prosperity, because they have never been exposed to it before, so no one knows that all this is false, everyone is getting more and more for themselves Drum wallet and excited.
Only Jiang Fei knows that all this is nothing more than a big cake he painted for these people.
The old saying circulated in Jiang Fei's world-labor creation price Experience!
This statement is not false at all. Only actual labor, actual creation, and real economic development are the only correct means to drive the economy upward. Financial behavior never creates price Experience, it is just in Handling price Experience.
Everyone is frying moon spirit crystal craft gas and futures, but no one has thought about where this money came from? Who created its price Experience? Of course not, this is just the transfer of funds. With the help of a small number of Yuelingjing crafts and their futures orders, these funds have been transferred from one person's hand to another person's hand, from many people's hands to a few people. In the hands.
Some people do make money by relying on the speculation of Yuelingjing crafts and futures, but the money they earn is not the price of Yuelingjing crafts or futures itself Experience, but the money in other people ’s pockets, more people become The receiver.
And where do these people's money come from? Without the support of the real economy, does this money come out of nothing?
Yes! The money was really made by Jiang Fei out of thin air with a little wrist! And the name of this little means is called-leverage!
In the beginning, each of the 20 banks had only about 3 billion of capital reserves, plus the funds flowing on the listing, this is all the money in the entire gamma space. If we rely on these funds to hype the Moon Spirit Crystal For art and futures, the market will not be so hot.
But Jiang Fei launched the concept of leverage, and then all the major banks put in action one after another. With thirty times of leverage, the original 60 billion of funds suddenly became success 1800 billion! Putting such a large sum of money into the market will inevitably lead to inflation.
However, Jiang Fei had prepared the hype project of Yuelingjing Crafts for a long time, so that the vast majority of this RMB 800 billion was invested in Yuelingjing art and the futures market, which led to circulation. There are not many free funds on the market, so the impact of normal goods on the market is not obvious.
Relatively stable prices, coupled with more and more money in everyone ’s wallets, this illusion makes everyone think that the economic situation is in good shape. After the bank lent all the money, they have no more money After entering the market, the crisis became apparent at this time.
Because the people all use loans to speculate on Yuelingjing artworks and futures, in their view, Yuelingjing artworks and their futures will continue to rise, so no one is worried that the loan will not be paid, because There are non-stop home picks.
But now the banks are running out of money, and their funds that have been inflated by thirty-fold leverage have been released. It is impossible to make loans for new investors!
Without loan support, how can new investors take orders? It was at this time that Jiang Fei's agent, the little girl, began to spread negative messages. Although most of the people who were addicted to it were unwilling to believe, there were always a few sober people.
After these sober people began to sell Yuelingjing artwork and its futures, more people began to see the form, because these things are so expensive that no one can pick up, so many People do n’t hesitate to cut prices, but they also have to throw away futures orders or handicrafts in stock.
We have said before that people are born weird, the more expensive they buy, the cheaper they sell!
When the people saw that the arts and crafts stocks and futures that had been skyrocketing began to fall in price, they immediately panicked, more and more people began to sell, and the market collapsed in an instant!
Only overnight, the Moonling crystal crafts, which were originally fired to fifty thousand pieces, were instantly cut, and the price of futures orders fell all the way, even the average price was less than 20,000.
But the more this is, the less people come to take orders, which causes the prices of handicrafts and futures to fall again and again, and finally directly falls below their cost price. The price of each handicraft spot is even less than 2,000, and Those futures orders are more like a piece of waste paper, no one will continue to take orders for how much money.
The plunge of handicraft spot and futures directly led to the bankruptcy of a large number of speculators, and these people all borrowed large sums of money from the bank. After their bankruptcy, they were naturally unable to repay their debts, so the bank did not bear this loss , They immediately found guarantors like Barak and Mondolik and demanded that they pay off their debts.
But at this time, Mondolik and Barak had already divided the insurance policy in their hands. Almost all the large and small consortiums of the gamma space participated in it. This kind of nested debt relationship was instantly detonated. Too.
The financial bubble of 1.8 trillion, not to mention the huge wealth of Barak and Mondolik, even if the entire gamma space is squeezed out, it is impossible to block it. Know the entire gamma space The original economic capacity was only tens of billions.
The economic system of Gamma Space collapsed instantly, and the smiles that had been on everyone ’s face were gone. Almost everyone in Gamma Space was carrying huge amounts of debt. I do n’t know how many people jumped from the building in despair. I don't know how many families are fragmented in despair.
"Is it a bit too much ..." Jiang Fei saw the depression on the street and looked at the reports that he kept sending, like disaster reports. He even couldn't bear it.
But things have reached this point, even Jiang Fei ca n’t look back, he can only continue, and then help these people recover a little after the disaster, but for Jiang Fei, his most important task , Or to help the three-dimensional world to get rid of the constraints of gamma space, as for others, that is secondary.
"Boss, the consul please invite you over!" Anita hurried to Jiang Fei's office.
"Well! I'll go here!" Jiang Fei nodded, when the crisis broke out, he knew that the consul will inevitably summon him, because at this time, the consul must be panic than him.