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MTL - The Ring That Defies The Heavens-Chapter 2930 Is about to start
"Sir, although I'm willing to do this, will Barack spit out the fat from his mouth?" Mundolik asked a little bit worriedly.
"Relax, you can talk to him, he will agree!" Jiang Fei laughed.
"Thank you very much, Master!" After Montoric came out of Jiang Fei, he went directly to Barak.
After seeing Barak, Mondoric told the story. Barak only hesitated for a moment before he nodded in agreement.
Although it seems to be spitting out a lot of benefits, in fact Barak is not losing, because the 30 billion list is not cash, this thing is a ten-year policy, which means that he starts with only 3 billion in annual premiums. , But at any time may take 4.5 billion risks.
Now that Barak sells 20 billion insurance policies, while throwing off the risk of 3 billion compensation, he can immediately cash out 5 billion. This 5 billion is real cash, and he can use it. Make other investments here and there. Even though some benefits may be lost, the exchange does reduce the risk, and it can also obtain a large amount of working capital.
And there is one more important point. From the beginning, Montorico explained that this is the idea of Lord Ralph, and it is also one of the important factors affecting Barak's decision!
You should know that Jiang Fei is a policy planner for the entire gamma space. The reason why Barak was able to obtain such a large insurance policy was because Jiang Fei was a matchmaker. Therefore, Jiang Fei was afraid to give up, plus Jiang. Fei had left him enough profit, so Barak had no reason to refuse.
So on the same day, Mendorica signed an agreement with Barak, bought the 20 billion insurance policy in his own name, and paid Barack a lot of money for this.
This big financial move is almost impossible to keep secret, so the news spread quickly. In the next few days, the large and small consortiums of the entire Gamma Space acted, and they sought out Barak and Mondrick hopes to get some insurance policies from these two people. After all, the business of this policy is too profitable.
These consortiums did not move before, mainly because they did not know Jiang Fei's attitude. They thought that Jiang Fei was deliberately supporting Barack, so no one dared to think otherwise. In addition, the funds of these consortia did not have Barack or Mondrick. Such giants are strong, so they can't take such big orders.
But now that the precedent is set, everyone sees hope. They know that Jiang Fei allows this policy to be traded twice, and this policy can also be split. In this way, other consortia will take action.
Under the lobbying of these consortiums, Mondorec soon began to sell the insurance policy in hand. His idea was similar to that of Barack. Since some people were willing to take risks, they could immediately withdraw cash, which would be a big win overnight. What's the difference between money?
So both of them sold their insurance policies and took a lot of cash.
When the policies in Barak and Mondolico sold out, smaller consortia and companies focused on the big consortia that obtained policies from Barak and Mondolico, and those big financial groups in order to pass on risk and arbitrage cash , And soon sold the insurance policy again after splitting.
After just one week, these policies changed hands no less than four or five times. Although the profit of the policy will be reduced after each transfer, many people are willing to take over because they are profitable after all.
And when the risk was initially calculated, it was estimated at a higher value of 5%. Actually, the overdue risk was not so high. So even if these policies are already at zero profit on paper, but There are still people willing to take orders.
The reason is very simple. The current economic situation is too good. Yueling Jing's art prices have gone crazy. Everyone is rushing to buy these art works and its futures orders. Almost the majority of these people have borrowed money from banks. Yes, but some people are mortgages and some people are credit loans.
However, no matter how the loan is made, under the situation that the price of Yuelingjing artwork and the futures order is rising wildly, all the lenders are not worried that they will not get the loan because of the Yuelingjing artwork in their hands or It is a futures order. As long as you sell it, you can make a lot of money. By contrast, the interest of the bank is not much.
In this case, the default rate of bank loans is almost zero, because everyone is making money, and they have no problem repaying the loan. In this way, those businessmen who hold the insurance policy are equivalent to taking premiums without paying Risk, so they are willing to try as long as they can win the policy.
Time flies quickly, and another week has passed, and Jiang Fei feels the most obvious at this time is that the number of workers on his construction site is rapidly decreasing, because everyone thinks that the loan speculation on Yuelingjing futures is faster than the hard work. It's much easier.
Since there is a method that is both easy and quick, then who wants to work on the construction site?
From the time Jiang Fei gave the bankers an idea to let them open credit loans, a total of just over two weeks, the worker turnover rate on Jiang Fei's construction site was as high as 70%!
Looking at the data, Jiang Fei's face evoked a smile.
"Finally it's almost there!" Jiang Fei nodded with satisfaction, and then regardless of the time before work, he left the city hall and returned to his home.
"Hey? Come back so early today?" Lina hadn't cooked dinner yet.
"Let's eat out tonight." Jiang Fei laughed.
"Why do you suddenly think of going out to eat?" Lina asked.
"If you don't go out for a meal ~ www.novelbuddy.com ~ there will be no chance in the future." Jiang Fei laughed.
"What do you mean?" Lina asked.
"Do you want revenge?" Jiang Fei asked.
"Ah?" Lina stunned.
"What do I think, you should be able to guess that I am going to do it." Jiang Fei said.
"Now?" Lina was very puzzled. According to what Jiang Fei taught her during this time, if the rebellion should not be during a period of social unrest, would it have the highest success rate? Now the entire gamma space is thriving, and the whole society is full of passion. Will the people support it at this time?
"Let's go! Eat!" Jiang Fei laughed.
"Oh! I'm going to change my clothes." Lina nodded blankly, she felt she couldn't understand the man in front of her.
About twenty minutes later, Lina stepped downstairs and saw that she not only picked a very beautiful dress, but also put on her makeup carefully.