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... pecific principles of these two types of bonds are very troublesome to explain. It can be simply understood as: subprime loans are the loan grades with the lowest credit for borrowers, so the risks are high and the interest is also high. CDOs are issued with high-interest subprime loans as collateral. As long as the real estate market continues to prosper and housing prices continue to rise, CDOs will earn relatively high returns because subprime loans rarely default.

CDS is a default swa ...

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The so-called immortal cultivation was to see who lived longer!

Killing the enemy was not something to brag about, but living was.

Running fast, being good at hiding, looking ordinary… were the posture of the immortal emperor!

Lu Yuan: I came to the immortal cultivation world only to do three things. Live long, live long, and live a godda*n long life.

“Only those who are alive… are worthy of cultivating.”

“What, you talk to me about ghost immortals? A bunch of evil b*stards. Get out of here!”

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