Entertainment: With A Net Worth Of Hundreds Of Billions, He Signed Boss Yang At The Beginning
Chapter 61 The Subprime Mortgage Crisis Breaks Out! (13, Asking For Flower Evaluation Tickets)
Qin Shou didn't fool Xiao Taohong.
He is indeed going to be busy.
According to the message from John Paulson, General Motors is about to declare bankruptcy.
And at the same time.
Lehman Brothers, the fourth-ranked investment bank in the United States, fell into a serious financial crisis and announced to file for bankruptcy protection. A more serious financial crisis is coming.
The European Central Bank announced on the same day that it would inject a total of 30 billion euros into the commercial banking system for a period of one day, with an average interest rate of 4.39%, higher than the leading interest rate of the European Central Bank of 4.25%.
This is the first time that the European Central Bank has taken this kind of intervention since the crisis in the global financial market in the summer of 2007.
September 20th.
"Qin, believe me, our time has come!"
John Paulson excitedly said to Qin Shou during the video conference.
Qin Shou frowned: "John, my friend, I hope you are not kidding me."
"It's not a joke."
John Paulson said seriously: "Just this morning, the government officially submitted a bill to the U.S. Congress to rescue the financial system. The Treasury Department will be authorized to purchase up to 700 billion U.S. dollars of non-performing mortgage assets. The U.S. government hopes that within two years Get everything out of the way and hopefully get this out of the way before it hits the real economy and avoids a Great Depression like the 1930s."
? ? ? ?
? ? ? ?
Qin Shou was stunned when he heard these words.
He is not a finance major, so he naturally doesn't understand what John Paulson is talking about.
"According to my internal information, Washington Mutual, the largest savings and loan bank in the United States, headquartered in Seattle, will be seized and taken over by the Federal Deposit Insurance Corporation within five days at most, becoming the largest bank to fail in the history of the United States."
John Paulson's words changed Qin Shou's expression.
If even a bank of this level goes bankrupt, it seems that the subprime mortgage crisis in my memory really broke out as scheduled.
The video conference is over.
Qin Shou couldn't be happier.
"It's done?"
Although Liu Zhong also doesn't know anything about finance, he also knows that there must be something good about Qin Shou's expression.
"Um."
Qin Shou nodded: "Now is just the beginning, we are short, I believe that more and more large investment companies will join us, but we have already taken the lead."
finished.
He said to Liu Zhong: "Let PricewaterhouseCoopers keep an eye on John Paulson."
"I see."
Liu Zhong nodded quickly.
In doing business, you can never place all your hopes on a certain person.
Especially when the other party is a foreigner.
Qin Shou still knows the truth that people who are not of my race must have different hearts.
certainly.
On the PwC side, Qin Shou is actually not at ease.
But he has a better way to solve this problem, that is, he has already submitted a tax application to the Internal Revenue Service of the United States in advance.
That is.
The money from Qin Shou has entered the field of vision of the US Internal Revenue Service.
John Paulson can use this money to do business, but if he wants to make trouble while doing business, then sorry, waiting for him will be officials from the Internal Revenue Service.
Many people don't know how outrageous the IRS in the United States is.
Franklin once said: "Only death and taxes are inevitable".
There is a joke that said that there are three things that must not be done on earth, alcohol prohibition in Xiong Country, drug trafficking in Yanhuang and tax evasion in America.
Although it is a bit exaggerated, it can also show from the side how serious tax evasion is in the United States.
In the United States, tax evasion is tantamount to giving away a head. No matter you are a superstar, a celebrity who is a president, or even a gangster who kills without blinking an eye, as long as you evade taxes, you will be chased by the US Internal Revenue Service all the way to the end of the world.
If you are found out about tax evasion, it will be exposed with evidence, your personal image will be greatly damaged, you will be despised and reviled by thousands of people, and your credit in banks and work will be greatly affected.
In "The Shawshank Redemption", which everyone is familiar with, the protagonist uses his explosive IQ and complete knowledge reserve to help prison guards evade taxes before starting a counterattack.
The weapon level of the US Internal Revenue Service is at the same level as the most advanced mountain division in the US. They have whatever guns the Army has!
There is a rumor circulating in the United States that the third most powerful armed organization in the United States is the US Army, the second most powerful armed organization is the Coast Guard, and the most powerful armed organization is the Internal Revenue Service.
When Qin Shou heard this joke, he didn't believe it at first.
But as he got to know more about the US Internal Revenue Service, he really admired this organization more and more.
Their hegemony is not limited to armed taxation, it is fine to pay taxes on legitimate income, and tax on illegal income.
That's right!
Whether it is drug trafficking or money laundering, as long as there is a lot of tax to be paid, then they don't care. If they dare to evade taxes, they will just wait to go to jail.
Even on their official website, there is a special part of the content that guides illegal income earners on how to file taxes. After paying taxes, everyone is good friends. It is the police's business to catch criminals, and it has nothing to do with the tax bureau of our country.
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